In 1955 Buchanan spent the year in Italy reading the works of the neoclassical economist Maffeo Pantaleoni (1857 –1924) and his followersAntonio De Viti De Marco and Vilfredo Pareto, who are part of the Italian school of public finance theory. They are considered to be a major influence on Buchanan's work. He considered them to be among the "intellectual forefathers of the modern public choice theory". In his Public Principles of Public Debt published in 1958, Buchanan acknowledged that "the Italian approach to the whole problem of public debt was instrumental in shaping my views". rigorous analysis of the theory of logrolling, macroeconomics, constitutional economics, and libertarian theory. He was the first anglophone economist to focus on this and included their work in his chapter, "The Italian Tradition in Fiscal Theory", in his 1960 textbook Fiscal Theory and Political Economy. He discussed collective decision-making in public financethe role of the government in the state's economy and fiscal theory.
In 1955 Buchanan spent the year in Italy reading the works of the neoclassical economist Maffeo Pantaleoni (1857 –1924) and his followersAntonio De Viti De Marco and Vilfredo Pareto, who are part of the Italian school of public finance theory. They are considered to be a major influence on Buchanan's work. He considered them to be among the "intellectual forefathers of the modern public choice theory". In his Public Principles of Public Debt published in 1958, Buchanan acknowledged that "the Italian approach to the whole problem of public debt was instrumental in shaping my views". rigorous analysis of the theory of logrolling, macroeconomics, constitutional economics, and libertarian theory. He was the first anglophone economist to focus on this and included their work in his chapter, "The Italian Tradition in Fiscal Theory", in his 1960 textbook Fiscal Theory and Political Economy. He discussed collective decision-making in public financethe role of the government in the state's economy and fiscal theory.