In celebration of the one hundredth anniversary of Friedrich von Hayek's birth, Liberty Fund and the Committee on Social Thought at the University of Chicago present The Legacy of Friedrich von Hayek, a DVD series of seven lectures from outstanding scholars of Hayek's work. The host and moderator for the lectures is the Chairman of the Committee on Social Thought, Professor Robert Pippin. Volume 7: Morality and Community in the Extended Market Order James M. Buchanan, Distinguished Professor Emeritus of Economics and Advisory General Director, Center for Study of Public Choice, George Mason University Buchanan is a pioneer of the theory of public choice, extending models of economic exchange to the realm of political decision making. Buchanan's work on the constitutional and contractual bases of collective political action has contributed new insights into the relationships between taxation, public expenditure, and public finance. Buchanan earned his Ph.D. in economics from the University of Chicago in 1948 and was awarded the Alfred Nobel Memorial Prize in Economic Sciences in 1986.