Anderson-Bascom Professor (Emeritus) Daniel W. Bromley has been awarded the prestigious Veblen-Commons Award by the Association for Evolutionary Economics. The Veblen-Commons Award, named for the great economists Thorstein Veblen (author of The Theory of the Leisure Class) and John R. Commons (who taught at UW-Madison from 1904-1935) is given in recognition of the contributions made by an outstanding scholar in the field of evolutionary economics.
Former recipients of the Veblen-Commons Award include Nobel Prize in Economics winner Gunnar Myrdal (1975) and such global leaders in economic thought as Richard Nelson (2007), John K Galbraith (1981); and another distinguished AAE emeritus, Kenneth Parsons (1985). As part of the award, Professor Bromley will present his paper “Institutional Economics” at the annual luncheon of the Association for Evolutionary Economics at the Allied Social Science Association meeting in San Francisco in January 2016.
Professor Bromley has published extensively on the institutional foundations of the economy; legal and philosophical dimensions of property rights; economics of natural resources and the environment; and economic development. He has been editor of the journal Land Economics since 1974. He is a Fellow of the Association of Environmental and Resource Economists, the Agricultural and Applied Economics Association, and is listed in Who’s Who in Economics. He has been a consultant to the Global Environment Facility; the World Bank; the Ford Foundation; the U.S. Agency for International Development; the Asian Development Bank; the Organization for Economic Cooperation and Development; the Ministry for the Environment in New Zealand; and the Aga Khan Foundation. He has worked and lectured in over 25 countries around the world and recently he has been an advisor to the Government of National Unity in Sudan on economic recovery in the South and in Darfur. In addition, he has advised the Government of Jordan on institutional reform in the water sector. He recently served as Senior Research Advisor for a team designing and implementing an economic diagnostic to guide economic development strategies in Iraq. Professor Bromley has written and edited fourteen books, the most recent of which are: Sufficient Reason: Volitional Pragmatism and the Meaning of Economic Institutions (Princeton, 2006); Vulnerable People, Vulnerable States: Redefining the Development Challenge (Routledge, 2012) (with Glen Anderson); and Wisconsin Becoming: the Careful Creation of Prosperity (2014).
This article was originally featured on the Department of Agricultural and Applied Economics website.