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Office of Vice President and
Chief of Staff
Florida Gulf Coast University
10501 FGCU Blvd S.
Fort Myers, FL. 33965-6565

Phone: (239) 590-1006
Fax:     (239) 590-1066

Press Release


Bradley K. Hobbs Named as BB&T Professor of Free Enterprise at FGCU

FORT MYERS, FL - Florida Gulf Coast University professor of Economics and Finance Bradley K. Hobbs was named the BB&T Professor of Free Enterprise at FGCU. This professorship was established recently through a major gift from BB&T Corporation to enhance economic understanding both within the University and in the greater Southwest Florida Community.

"Dr. Hobbs brings significant credibility to this donation through his international visibility within the Association of Private Enterprise Education and the Mont Pelerin Society," said dean for the Lutgert College of Business Richard Pegnetter.

The professorship will help underwrite the development of a new course, the Moral Foundations of Capitalism, which will become a permanent component of the economics and finance curriculum within the college. Funding from the gift will provide students majoring in economics and finance in the Lutgert College of Business with a copy of the book "Atlas Shrugged," by Ayn Rand. Exposure to this text will provide students with a deeper perspective on capital markets and economic development.

The BB&T Distinguished Professor of Free Enterprise will develop a Free Enterprise book club designed to facilitate and enhance discussion of economic concepts with the Southwest Florida regional community. A student film series and a speaker series for students are also being planned.

"I am extremely pleased to be associated with BB&T," said Hobbs. "BB&T is standing tall in these difficult times, and their support will help us to address a huge problem in America; namely, economic literacy."

For more information, media representatives should contact professor Hobbs at (239) 590-7162 or

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