William M. Dugger

William Dugger

Professor of EconomicsChapman Hall 226
(918) 631-2951

I am an institutional economist working on institutional reconstruction to reduce unemployment, inequality and poverty by providing better opportunities for the unemployed and impoverished to participate in productive economic activity. My work involves improving monetary and fiscal policies as well as reconstructing the institutions making those policies in both the US and the global economies. At the global level, The Big Three Integrating Institutions of interest to me are the International Monetary Fund, World Bank, and World Trade Organization. The Big Three need to be reconstructed to provide for full participation of the poor and excluded. The objective of these Big Three institutions should be the rapid growth and development of the countries of the “Third World.” The role of technology, technology transfer, and the knowledge economy are crucial to that growth and development because unlike many physical things, one person’s or one group’s use of knowledge does not have to exclude the use of the same knowledge by another person or group. In fact, attempted exclusion is expensive and counterproductive. 

Education and Degrees Earned

  • BS, Finance, The University of Tulsa, 1970
  • PhD, Economics, The University of Texas, 1974

Areas of Academic Specialty

  • Global and domestic economic institutions
  • Growth and development policies and institutions
  • Poverty and inequality
  • Negative-sum games (racism, sexism, classism, jingoism).
  • Evolutionary theory.

Previous Teaching Experience

  • Teaching Fellow, 1971-74
    • University of Texas
  • Assistant/Associate Professor, 1974-1981
    • University of North Texas
  • Associate/Full Professor, 1981-1993
    • DePaul University
  • Professor, 1993-Present
    • The University of Tulsa

Previous Relevant Work Experience

  • Court-Appointed Economic Expert, 1991-93
    • Federal District Court, Eastern District of Texas, His Honor, William Wayne Justice Presiding

Professional Affiliations

  • Association for Evolutionary Economics
    • Member, Board of Directors, 1990-93
    • President, 1997
    • Ex officio member, 1998
    • Lifetime Member, Board of Trustees, 1999
  • Association for Institutional Thought
    • Member, Board of Directors, 1983-85
    • President, 1987
  • Association for Social Economics
    • President, 1984
  • Union for Radical Political Economics
  • Western Social Science Association

Courses Taught at TU

  • Principles of Microeconomics (ECON 2023)
  • Macroeconomic Theory (ECON 3023)
  • Economic Development (ECON 3113)

Awards & Recognition

  • 2003-07, 1980-82; Associate for Social Economics, Member, Executive Council
  • 2005 Veblen-Commons Award, Association for Evolutionary Economics
  • 2004 Named Professor of the Year by the Student Athlete Advisory Committee
  • 2002 Thomas Devine Award for Lifetime Service to Social Economics
  • Listed in Who’s Who


  • Cultural Economics and Theory: The Evolutionary Economics of David Hamilton
    Co-editor with David Hamilton, Glen Atkinson and William Waller. (London: Routledge, 2010), pp.xvii, 248
  • Dugger’s Theorem: the Free Market Is Impossible
    Article, Journal of Economic Issues 39 (June, 2005), pp. 309-324
  • Economic Abundance: An Introduction
    Book, Co-author with Jim Peach (Armonk, New York: M.E. Sharpe, 2008 forthcoming)
  • Evolutionary Theory in the Social Sciences
    Book, a four-volume set, editor with Howard J. Sherman (London: Routledge, 2002), pp. 1,210 Volume I: Early Foundations and Later Contributions, Edited by William M. Dugger, pp. xv, 257 Volume II: Evolutionary Social Science, Edited by William M. Dugger, pp. viii, 293 Volume III: Evolution and Revolution, Edited by Howard J. Sherman, pp. xii, 301 Volume IV: Social Evolution and Institutional Economics, Edited by William M. Dugger, pp. viii, 359
  • Inequality: Radical Institutionalist Views on Race, Class, Gender, and Nation
    Book, sole editor and one of several contributors (Westport, CT: Greenwood Press, 1996), pp. xiv, 287.
  • Reclaiming Evolution: A Dialogue Between Marxism and Institutionalism on Social Change
    Book, Co-author with Howard J. Sherman (London: Routledge, 2000), pp. ix, 211.
  • Thorstein Veblen’s Radical Theory of Social Evolution
    Article, Journal of Economic Issues 40 (September, 2006), pp. 651-672.
  • Old Age Is an Institution
    Article, Review of Social Economy, 57 (March, 1999), pp. 84-98.