It is hard to imagine institutional economics since 1974 without the contributions of William Dugger. Fortunately, we do not have to imagine such a circumstance. In addition to his twelve books and edited volumes, he has published in every volume of the Journal of Economic Issues since 1976. Additionally he has similarly crowded out others in the Review of Social Economy and other heterodox journals. On top of that he is a voracious reader--he has not only read nearly every book relevant to institutional economics but he has also reviewed them all.
All kidding aside, since receiving his doctorate from the University of Texas, Bill Dugger has made substantial contributions to almost every area of institutional economics. But this speaks only to his published scholarship. Like many of you here today, I have personally and intellectually benefited from Bill Dugger's many contributions to institutional economics. Bill has been a generous reader, referee, and commentator on the work of many scholars. He has co-authored articles with many of his colleagues. The edited collections he has organized have provide opportunities for many new voices to be heard in the institutionalist tradition.
Working with Bill is a bracing experience. He works fasts--he drafts quickly, he rewrites more quickly, his work ethic is ... exhausting for his collaborators. Over the last three years the collective efforts of Howard Sherman, Jim Peach, Glen Atkinson, and myself have been insufficient to even slow him down.
As I re-perused Bill's work I noted that he has a keen ability to absorb the details of the modern industrial economy and organize his observations. He is not content merely employing the conceptual apparatus of others but develops his own categories and concepts as needed. His...