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William M. Dugger
William M. Dugger
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
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Teaching Fellow, 1971-74
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Assistant/Associate Professor, 1974-1981
- University of North Texas
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Associate/Full Professor, 1981-1993
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Professor, 1993-Present
Previous Relevant Work Experience
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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
- Union for Radical Political Economics
- Western Social Science Association