W. William Woolsey
Associate Professor of Economics
Department of Business Administration
Experience
Associate Professor of Economics, Department of Business Administration, The Citadel, September 1986 to the present.
Assistant Professor of Economics, Department of Business and Economics, Talladega College, September 1982 to June 1986.
Education
Ph.D., 1987, George Mason University, Economics.
M.A., 1982, Virginia Polytechnic Institute and State University, Economics.
B.A., 1979, Magna Cum Laude, Virginia Polytechnic Institute and State University, Economics, Second Major in Philosophy.
Honors and Awards
Phi Beta Kappa
Phi Kappa Phi
Omicron Delta Epsilon
Phi Sigma Tau
Scaife Fellowship
Publications in Refereed Journals
Review, "The Death of Inflation," by Robert Bootle, Economic Affairs, June 1997, pp.53-55.
with Leland B. Yeager and Robert L. Greenfield, "Is Indirect Convertibility Impossible," Journal of Money, Credit, and Banking. 27, February 1995, 293-7.
with Leland B. Yeager, "Is There a Paradox of Indirect Convertibility," Southern Economic Journal. 61, July 1994, 85-95.
"Fixing the Expected Price Level in a BFH Payments System," Contemporary Economic Policy. 12, April 1994, 46-54.
"Libertarianism: Mainstream, Radical, and Post," Critical Review. 8, Winter 1994,pp. 73-84.
"The BFH Payments System in New Classical and New Keynesian Models," AtlanticEconomic Journal. 21, June 1993, pp. 62-70.
"A Comment on Scott Sumner's `The Development of Aggregate Economic Targeting',"Cato Journal. 12, Fall 1992, pp. 475-485.
"A Model of the BFH Payments System," Southern Economic Journal. 59, October 1992,pp. 260-72.
"Full Privatization of Currency in a Nearly Conventional Money and Banking System," Cato Journal. 11, Spring/Summer 1991, pp.73-88.
with A. Bruce Strauch. "Impact of U.S. Dollar Depreciation on the Supply and Demand for Foreign Academic Journals: A Supply and Demand Analysis," Book Research Quarterly. 8, Spring 1992, pp. 74-81.
with Leland B. Yeager. "Sound Banking through Indirect Convertibility." In American Money and Banking: Financial Fitness in the 1990's?. Fairfax: George Mason University Press, Forthcoming.
Other Publications
"Takings Legislation Requires Respect for Property Rights," Post and Courier, March 11, 1998.
"Restraints in Spending not Likely to Harm Economy," Post and Courier, July 4, 1995.
"Graphic on Flat Tax Proposal failed to tell the whole story," Post and Courier, April 12, 1996.
Presentations at Professional Meetings
"Malinvestment in the Context of Indirect Convertibility," presented at the annual meetings of the Southern Economics Association, New Orleans, November 1995.
"Index Futures Convertibility," presented at the Allied Social Science Association Meetings, Washington DC, January 8, 1995.
"Future Indirect Convertibility," presented at the annual meetings of the Western Economics Association, Lake Tahoe, California, June 19-24, 1993.
with Leland B. Yeager, "Is There a Paradox of Indirect Convertibility," presented at the annual meetings of the American Economics Association, New Orleans, Louisiana, January 3-5, 1992.
with Leland B. Yeager, "Is There a Paradox of Indirect Convertibility," presented at the George Edward Durell Foundation Conference, American Money and Banking: Financial Fitness in the 1990's, Scottsboro, Arizona, May 21-22, 1991.
"Determination of the Quantity of Money in a Cashless Payments System," presented at the annual meetings of the Southern Economics Association, New Orleans, Louisiana, November 18-20, 1990.
"Privatized Currency," presented at the meetings of the Atlantic Economic Society, Williamsburg, Virginia, Oct. 12-15, 1990.
"Clearing without Reserves," presented at the annual meetings of the Western Economics Association, San Diego, California, June 29-July 3, 1990.
"The Unit-of-Account Constitution," presented at the annual meetings of the European Public Choice Society, Meersburg, Germany, April 18-21, 1990.
"Nearly Free Banking," presented at the annual meetings of the Southwestern Economics Association, Fort Worth, Texas, March 28-31, 1990.
"Money and the Medium of Account," presented at the annual meetings of the Southern Economics Association, Dallas, Texas, November 24-26, 1985.
"The Multiple Standard and the Means of Exchange," presented at the meetings of the Southern Economics Association, Atlanta, Georgia, November 14-16, 1984
Other Presentations
"Takings Legislation and Property Rights" testimony before the South Carolina Senate Committee on Takings legislation, April 1997.
"Impact of the Draft Charleston County Comprehensive Plan," testimony before the Charleston County Council, April 1999.
"Recent Proposals for Tax Reform," Presented at the Republican Unity Breakfast, May 16, 1996.
Courses Taught at The Citadel
Money and Banking
Principles of Macroeconomics
Economics for Decision Making(MBA)
Principles of Microeconomics
Student Service at The Citadel
Academic Advisor for Delta Company 1988 - 1993
Faculty Advisor for Business Honor Society 1988 - 1994
Field Trips to Young Bankers
Meeting 1988, 1989, 1994,1997
College Service at The Citadel
Scholarship and Awards Committee 1993 - 2000
Scholarship Committeee Chairman 1996 - 2000
Faculty Council Representative 1992 - 1996
Committee on Committees 1993 - 1994
Self-Study Educational Program Sub-Committee 1992 - 1993
College Curriculum Committee 1989 - 1993
College Internal Relations Committee 1991 - 1993
Department Curriculum Committee 1988 - 2000
Department Graduate Committee 1988 - 1993
Community Service
Charleston County Planning Board 1997 – 1999
Stiles Point Elementary School
Secretary, School Community Council 1999 – 2000
Co-Chairman, School Governance Council 1998 - 1999
Vice Chairman, School Governance Council 1998 - 1999
School Improvement Council 1996 - 1997
Candidate for District 3 Constituent School Board 1998
Cathedral of St. Luke and St. Paul
Sunday School Superintendent 1997 – 1999
Vestryman 1995 - 1999
Director of Cathedral Men 1993 - 1997
Sunday School Teacher 1994 - 2000
Chairman of Spiritual Life Committee 1996 - 1997
Leader for Tiger Den 3, Pack 44 1997 - 2000
Wagener Terrace Neighborhood Association
President 1995-1996
Treasurer 1993-1995
Block Captain 1992-1996
Personal
Born in Gainesville, Florida, 1956.
Married in 1981 to Katherine Rice Woolsey
Two sons, Will born in 1989 and
Andy born in 1990.