LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>George Selgin has been named the first holder of the BB&T Chair of Free Market Thought in West Virginia Universitys College of Business and Economics.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>Dr. Selgins addition to the Department of EconomicsFree Market Thought Group will further enable the research and teaching at the college, which have received statewide as well as national attention,said William N. Trumbull, director of the Division of Economics and Finance in the College.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>The termfree market thoughtrefers to scholarship that focuses on market institutions rather than government provision of goods and services to achieve individual well-being and prosperity. It has its lineage from Adam Smith through the Nobel Prize-winning economists Friedrick Hayek, Milton Friedman and James Buchanan.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>I am excited to be a part of this whole group within our economics department,Selgin said.They are doing great things and have a great future.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>Selgin has been at the Terry School of Business at the University of Georgia since 1989 and in the position of professor since 2001. He previously held positions at the University of Hong Kong and George Mason University.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>He is a prolific researcher and writer of books and journal articles, and he has participated in a number of boards of editors of academic journals concentrating in areas of money supply and monetary policy. Selgin also has publications in the works addressing domestic and international currency issues, and he has presented his work internationally.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>Selgin has received international and U.S. fellowships, grants and other awards. He is a research fellow at the American Institute for Economic Research, an associate editor of Econ Journal Watch and has been a trustee of the Southern Economic Association. In addition, Selgin has been a visiting scholar of the Federal Reserve Bank of Atlanta and a member of the boards of editors of The Cato Journal and Durell Journal of Money and Banking. He has a doctorate from New York University in economics and a Bachelor of Arts degree from Drew University.

LINE -HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto”>Selgin will continue his free market research along with Russ Sobel, who has generated much discussion on the topic in West Virginia, and Christopher Coyne, as well as teach classes in the College of Business and Economics. The BB&T Charitable Foundation contributed $1.75 million to College of Business and Economics in 2006 to establish the position.