ABSTRACT
Geoffrey Hodgson and I have debated numerous issues over the years (not least the nature of old institutionalism and how its contributions are best interpreted), mostly in seminars or over a drink or two. Whether we agree or disagree, I find that Hodgson’s views are always interesting and usually very substantial. The issue of formalism seemingly opens up a new area of debate between us. In characteristic style Hodgson’s various contentions in his current piece are wide-ranging, thought provoking and backed up by numerous authoritative sources. Thus, it is necessary to do quite a bit of work to show why I nevertheless think Hodgson fails to make too much of a case against my position.
