Christopher Westley, Ph.D.

Expert in regional economic trends Florida Gulf Coast University

  • Fort Myers FL

Dr. Westley studies and researches the economics of the free society.

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Florida Gulf Coast University

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Biography

Dr. Christopher Westley is dean of the Lutgert College of Business and professor of economics at Florida Gulf Coast University. A prolific writer, his scholarly articles have appeared in Economics and Politics, Constitutional Political Economy, the Eastern Economics Journal, the American Journal of Economics and Sociology, and the International Journal of Social Economics. In addition, Westley has published more than 100 economics columns, including some that have appeared in Investor’s Business Daily, the Christian Science Monitor, several Florida newspapers, as well as business and public policy journals throughout the United States.

Areas of Expertise

Political Economy
Economics
Public Economics
Finance
Austrian Economics

Accomplishments

Industry Diversification Project

2016-03-01

Established by Dr. Westley, this project tracks the Industry Diversification Index that measures how diversified economies are by Florida MSA, workforce region and every U.S. state. The index ranks Florida and Southwest Florida against other regions based on business diversity.

Education

Auburn University

Ph.D.

Economics

2000

St. Mary’s University

M.A.

Economics

1993

University of Florida, Gainesville

B.S.

Public Relations

1987

Affiliations

  • Mises Institute : Associated Scholar
  • Acton Institute : Adjunct Scholar
  • Education Facilities Authority (Lee County) : Board Member
  • Southwest Florida Economic Development Alliance : Board Member
  • Village of Estero Economic Development Partnership : Member
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Selected Media Appearances

FGCU Business School dean says there's 'reason to think economy will sour in 2023'

Business Observer  online

2023-01-06

Christopher Westley shares his economic outlook for 2023.

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Supply chain major prepares FGCU graduates for the real world

Spotlight Magazine  online

2022-04-01

Christopher Westley discusses FGCU's undergraduate major in supply chain management.

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Students and staff adjusting to new Covid-19 protocols this semester at FGCU

Fox 4  tv

2021-08-25

Christopher Westley discusses the pandemic's impact of Florida Gulf Coast University.

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Selected Event Appearances

The Financial Determinants of NCAA Football Championship Series Power Ratings

Eastern Finance Association Annual Meetings  New Orleans, Louisiana

2015-04-08

The Leno Effect: Toward a Political Economy of ‘Tonight Show’ Monologues

Western Economics Association Meetings  Honolulu

2015-06-28

Luck, Human Agency, and Micro Institutions in Colonial Brazil

Asia-Pacific Economic and Business History Conference  Seoul, South Korea

2013-02-14

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Selected Articles

Degredados, Their Human Agency, and Micro Institutions in Colonial Brazil: An Institutionalist Reinterpretation

Journal of Economic Issues

Christopher Westley and Fernando Zanella

2015

Institutions are widely recognized as determinants of economic development. However, institutional economists often overlook pertinent historical incidents in their search for broad patterns. At times, this search oversimplifies truly complex phenomena. In light of this, we apply a micro-institutional analysis to explain the success of colonial Brazil’s early settlements as a mix of accident and design. By doing so, we stress the limitations that can result when applying an aggregate institutional interpretation of economic history and development. We also apply the principal-agent model and its main feature — risk-sharing — to an extreme case that involves settlers and natives risking their lives, while Portuguese principals sought to reduce transaction costs in an important and resource-rich colony.

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Ngrams and the Austrian School

Quarterly Journal of Austrian Economics

Christopher Westley

2014

The Google Ngram Viewer is used to highlight some of the ideas, nomenclature, individuals, and events that have come to comprise the Austrian tradition. Key terms and literature are also examined primarily using the English corpus, with occasional examinations using German and French corpus as well. The Ngram counts of these terms provide a useful way to gauge the success of Austrians, over time, to influence the state of economics and the popular debate.

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An institutional analysis of voter turnout: the role of primary type and the expressive and instrumental voting hypotheses

Constitutional Political Economy

Peter T. Calcagno and Christopher Westley

2008

Recent events highlight primary type as an institutional variable that merits further examination in the economics literature on voter turnout. Using panel data for U.S. gubernatorial elections and treating primary type as a proxy for candidate deviation from the median voter, we test whether primary type changes voter turnout and whether that change is dominated by instrumental or expressive voting. The results show that states with more open primaries tend to have greater voter turnout in general elections, and that this increase reflects the effect of open primaries on expressive voting.

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