William M. Rodgers III, The College of William and Mary’s Frances L. and Edwin L. Cummings Associate Professor of Economics will be resigning from his position at the end of the current semester. He has accepted a tenured position as a Professor at Rutgers University’s Edward J. Bloustein School of Public Policy.

Rodgers will also become the Chief Economist of the John J. Heldrich Center for Workforce Development. The Center is a research and policy organization dedicated to applying the best research to address the core challenges of New Jersey’s and the nation's workforce.  Click here for a press release from the Center for the Study of Equality.

Why the Bubble Burst provides a comprehensive look at the most dramatic run-up in equity values in US history. Lawrance Evans takes the reader from theory to empirics, illustrating why we need to go beyond the efficient markets hypothesis and the theory of domestic irrational exuberance to fully unpack the unprecedented phenomenon, why the market was destined for a major decline and why the fallout will be severe and protracted. 

‘Lawrance Evans’s Why the Bubble Burst will stand as one of the most incisive and important accounts of the stock market’s performance over the last two decades.' -- Jane D’Arista, Financial Markets Center, Philomont, US

Dr. Lawrance Evans is a Senior Economist in the Applied Research and Methods Group at the US General Accounting Office. Prior to his position at GAO, Evans was a Five College Fellow in the Economics department at Amherst College. He received his PhD with distinction in Macroeconomics from the University of Massachusetts, Amherst in 2001 and his BA with honors from Colgate University. Currently he lives in Silver Spring, MD with his wife and 4-year-old son.