David Buchanan

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Buchanan, David


Born 1779; died 1848. British journalist and economist. Follower of A. Smith.

In 1814, Buchanan published Smith’s work An Inquiry Into the Nature and Causes of the Wealth of Nations in three volumes, along with his own notes. In a supplementary fourth volume he included his commentaries and other materials. Buchanan’s principal work, An Inquiry Into the Taxation and Commercial Policy of Great Britain, represents a further development of Smith’s views on problems of monetary circulation, exchange value, and the influence of supply and demand on the level of prices. Great attention was paid by Buchanan to explicating the sources and the essence of land rent, on which issue he was “a zealous opponent of the physiocrats” (K. Marx and F. Engels, Soch., 2nd ed., vol. 26, part 1, p. 20).


Observations on the Subjects Treated of in Dr. Smith’s “Inquiry Into the Nature and Causes of the Wealth of Nations,” vol. 4, 2nd ed. Edinburgh, 1817.
Inquiry Into the Taxation and Commercial Policy of Great Britain. Edinburgh, 1844.


Marx, K. Kapital, vol. 1. In K. Marx and F. Engels, Soch., 2nd ed., vol. 23, pp. 137, 570, 740-41.
Marx, K. “Teoriia pribavochnoi stoimosti” (vol. 4 of Kapital), part 1: in K. Marx and F. Engels, Soch., 2nd ed., vol. 26, part 1, pp. 20, 284. Ibid., part 2: in Soch., vol. 26, part 2, pp. 26, 173-174, 426-427, 432. Ibid., part 3: in Soch., vol. 26, part 3, p. 419.


References in periodicals archive ?
However, Town are boosted by the return of David Buchanan from a ban.
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Eastern region managing director for PSN, David Buchanan stated, "these two significant contract wins demonstrate Wood Group's commitment to working closely with key clients to extend our operations in Iraq, where we see a growth market that complements our broad service capabilities, international knowledge and strong expertise.
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Westley has also made two signings from Tranmere - defender David Buchanan, last season's player of the year at Prenton Park, and midfielder and ex-Rovers skipper John Welsh.