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-Welcome everybody to this lunch panel, Professor Douglas Bairds Contracts Scholarship, celebrating the publication of his book, Reconstructing Contracts, a book that collects his work-- the work and new work-- on contract law. So this is going to be a celebration of Professor Bairds scholarship in the area, but hopefully, in the Chicago way, this will also be an opportunity to criticize Professor Bairds scholarship. I will not introduce the book nor the groom. Professor Baird needs no introduction. I will let the speakers do that. All I will do is introduce our speakers. And I will probably do that one at a time before they speak. Our first speaker is Professor Stewart Macaulay, the Malcolm Pitman Sharp Hilldale Professor at University of Wisconsin at Madison. Professor Macaualy-- this is not an exaggeration-- is a legend in the area of law, law and sociology, and especially in contract law. I think it was the first name that I, as an undergraduate student, ever heard about contrac