The Hackley Endowment for the Study of Capitalism and Free Enterprise


Edward Peter Stringham, PhD

Edward Stringham is the L.V. Hackley endowed chair. He is a professor of economics and entrepreneurship at Fayetteville State University, is past president of the Association of Private Enterprise Education, editor of the Journal of Private Enterprise, editor of two books, and author of more than three dozen articles in refereed journals, including Journal of Economic Behavior and Organization, Journal of Institutional & Theoretical Economics, and Public Choice. His most recent book, Private Governance, will be published by Oxford University Press.

Stringham has been discussed on more than 100 broadcast stations, including CBS, CNBC, CNN, FOX Headline News, NPR, and MTV. He has also been featured in hundreds of newspapers worldwide such as Time Magazine, 14 of the 20 highest circulating newspapers in the United States and the highest circulating English language newspaper in the world. His work has been the subject of discussion by Entertainment Tonight’s Leeza Gibbons and has inspired a cartoon by Jeff Danziger, New York Times Syndicated Political Cartoonist.

Stringham earned his PhD in philosophy from George Mason University in 2002. He won several awards including The Templeton Culture of Enterprise Best Article Award, Paper of the Year Award from the Association of Private Enterprise, Best Article Award from the Society for the Development of Austrian Economics and the Foundation for Economic Education, Distinguished Young Scholar Award from the Liberalni Institut and the Prague School of Economics, and Excellence in Graduate Teaching Award from the School of Business and Economics at Fayetteville State University.


Dr. Lloyd V. Hackley

The Hackley Endowment is named after Dr. L.V. Hackley who serves as a member of the board of BB&T and served as chancellor of FSU from 1988 to 1995 and in 2007.

A native of Roanoke, Va., Hackley holds an undergraduate degree in political science from Michigan State University (1965) and a doctorate in international relations from the University of North Carolina at Chapel Hill (1976). A retired US Air Force officer, he has earned numerous military decorations, including the Bronze Star for Valor, the Meritorious Service Medal, and the Vietnam Cross for Gallantry. He also served as a faculty member and track coach at the US Air Force Academy.

Hackley has been awarded numerous honorary doctorates, public service awards, and other recognitions for his contributions to education and service to children. He was awarded the Order of the Long Leaf Pine, the state’s highest civilian honor, by NC Governors Jim Martin and Jim Hunt. At FSU, the Academic Honors Dormitory, a distinguished faculty chair, and an academic scholarship program have been named in his honor. He has twice been presented with the North Carolina Parent-Teacher Association’s highest award for service to children. In 2002, he received the NC Methodist Home for Children’s Guardian Angel Award. The following year, the NC Association of Family and Children Services named him the 2003 Trustee of the Year for his work with the Methodist Home for Children.


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