Big gift from Nobel winner's estate to MTSU

The estate of Jim Buchanan, winner of the 1986 Nobel Prize in economics, on Thursday said it would give $2.5 million to the Middle Tennessee State University Honors College. Part of the bequest will go toward establishing a lecture series focused on applying Buchanan's ideas to today's economic questions.

Buchanan died in January at age 93. Read more about his estate's gift, including the possibility of MTSU partnering with George Mason University to organize Buchanan's papers, here.