Gary Flomenhoft is an International Post-Graduate (IPRS) and UQ Centennial Scholar and PhD Candidate at CSRM. His research area is the economic value of common wealth and governance of Sovereign Wealth Funds.

Prior to enrolling at SMI, Gary was a faculty member for 11 years in Community and International Development and Natural Resources at the University of Vermont (UVM), serving as a Lecturer in Applied Economics, Renewable Energy, International Development, and Public Policy. He conducted many development projects in The Commonwealth of Dominica, St. Lucia, and Belize with students and local partners. He also originated and coordinated the Green Building Design Program at UVM.

He had a secondary appointment as a Research Associate and Fellow at the Gund Institute for Ecological Economics under Director Robert Constanza. His primary research was in public finance for the state of Vermont including green/environmental taxes, common wealth and common assets, subsidy reform, and public banking. His 2013 report on Vermont public banking formed the basis of the “10% for Vermont” legislation passed in 2014, which allocated $35 million of state funds to local investment. He directed the grant funded Green Tax and Common Assets project at the Gund Institute for seven years, where he originated the Vermont Common Assets Trust Fund (VCAT) bill, which was submitted to the legislature twice. His chapter on Vermont Common Assets appeared in the book “Exporting the Alaska Model”, which promotes the Alaska Permanent Fund and Dividend as a model for basic income around the world using Sovereign Wealth Funds.

Gary’s education includes a Master’s Degree in Public Policy and Ecological Economics from the University of Maryland under the supervision of Herman Daly, one of the world leaders in sustainable economics, and originator of the modern day concept of “steady-state economics”. His undergraduate degree is in mechanical engineering from Tufts University in Boston, Massachusetts.

Prior to entering academia, Gary had a diverse background of practical experience ranging from environmental technology and Green politics, to aerospace and systems engineering. He was a founding member of the Green Party of California, and co-founder of the non-profit Geonomy Society. Gary managed two small electric vehicle companies, and ran his own electric vehicle conversion business. He worked as a Program Assistant for economic development at the US Dept. of Housing and Urban Development and ran a renewable energy office in Colorado. Other ventures include having been a test engineer for commercial and NASA satellites at TRW and Hughes Aircraft Companies, including the communication satellite for the space shuttle. He has taught secondary school and done vocational education. Gary is also an avid sailor and sailing instructor.