Van Dyck Lecturers 

The Wayne K. Van Dyck Fund was established in 1972 by a gift from Wayne K. Van Dyck, Class of 1965. This gift was made to be used to bring speakers to the College on topics of interest in the field of Economics.

Dates, Topics and Speakers

Stratification Economics
Understanding Identity and Inequality
A Conversation with Professor William Darity, Jr.

William Darity, Jr. 
is the Samuel DuBois Cook Professor of Public Policy, African and African American Studies, and Economics and the director of the Samuel DuBois Cook Center on Social Equity at Duke University. He has served as chair of the Department of African and African American Studies and was the founding director of the Research Network on Racial and Ethnic Inequality at Duke. Darity’s research focuses on inequality by race, class and ethnicity, stratification economics, schooling and the racial achievement gap, North-South theories of trade and development, skin shade and labor market outcomes, the economics of reparations, the Atlantic slave trade and the Industrial Revolution, the history of economics, and the social psychological effects of exposure to unemployment. His most recent book, coauthored with A. Kirsten Mullen, is From Here to Equality: Reparations for Black Americans in the Twenty-First Century (2020).

Listen to lecture here.

The Urgent Need to Reverse Rising Inequality
William Spriggs is a professor in, and former Chair of, the Department of Economics at Howard University and serves as Chief Economist to the AFL-CIO.  In his role with the AFL-CIO he chairs the Economic Policy Working Group for the Trade Union Advisory Committee to the Organization for Economic Cooperation and Development, and serves on the board of the National Bureau of Economic Research.  He is currently on the Advisory Board to the Minneapolis Federal Reserve Bank Opportunity & Inclusive Growth Institute, and on the editorial boards for Public Administration Review and the Journal of the Center for Policy Analysis and Research (of the Congressional Black Caucus Foundation).   Dr. Spriggs holds a doctorate in economics from the University of Wisconsin-Madison.

Listen to the lecture here.

Democracy and Capitalism: Allies or Adversaries?
Robert Kuttner
 is a Visiting Professor in Social Planning and Administration at Brandeis University; areas of expertise/interest: Inequality, Politics of the Welfare State, International Political Economy and Globalization, Politics and History of Managed Capitalism; cofounder and coeditor of the American Prospect magazine; Author of Can Democracy Survive Capitalism? (Norton & Company, 2018). He is educated at Oberlin, LSE, and Berkeley.

Listen to the lecture here.

Power Trumps both Trade and Technology: How to Undo the Damage we have Done.
Anne Mayhew 
is Professor Emerita of Economics, Former Vice Chancellor for Academic Affairs and Dean of Graduate Studies at the University of Tennessee, and leading figure in contemporary institutional economic thought. She has taught U.S. economic history of economic thought with special focus on the impact of technological change on business and financial organizations. 


Child’s Play?  The Economics of Preschool Education in America 2016
Elizabeth U. Cascio ‘97 is an Associate Professor of Economics at Dartmouth College and a Research Associate at the National Bureau of Economic Research.  She is an applied economist with research interests at the intersection of education, public policy, and the young child.  Her current projects concern the design of preschool education policy and the relationship between broader social policy and child well-being.

Left Out?  
LGBT Poverty in the US and what to do about it

M.V. Lee Badgett is a professor of economics and director of the Center for Public Policy and Administration at the University of Massachusetts Amherst. She is also a Williams Distinguished Scholar at UCLA's Williams Institute.  Her current research is on the relationship of LGBT inclusion to economic development and poverty in the LGBT community.

Democracy at Work: A Cure for Capitalism.
Richard D. Wolff is a visiting professor in the graduate program in International Affairs of the New School University in New York.  He is the author of "Occupy the Economy: Challenging Capitalism" with David Barsamian, "Contending Economic Theories: Neoclassical, Keynesian and Marxian" with Stephen Resnick, and "Democracy at Work: A Cure for Capitalism."

Economics and the Federal Reserve: After the Financial Crisis
Presented by Dr. Jeffrey Lacker '77, President, Federal Reserve Bank of Richmond. Dr. Lacker '77 is the author of numerous articles in professional journals on monetary, financial, and payment economics, and has presented his work at several universities and central banks. 


The Great Stagnation
Presented by Tyler Cowen, the Holbert C. Harris Professor of Economics at George Mason University.  Cowen is the author of several books, including "In Praise of Commercial Culture", "The Age of the Infovore", and most recently "The Great Stagnation."  He is a frequent contributor to the New York Times and numerous other media outlets.  His blog, was recently ranked by the Wall Street Journal as the number one economics blog in the world.


The Crisis in State & Local Finances as a Failure in Federalism & the Rule of the Law
Presented by Timothy Canova, Associate Dean for Academic Affairs and Betty Hutton Williams Professor of International Economic Law, at Chapman University School of Law.


The Financial Crisis & Fraud: How "Winner Take All" Contests Produce "Loser-Take-All" Results
Presented by William Black, an American lawyer, academic, author, and former bank regulator.


The Economic Crisis: How bad will it get? How long will it last? What is to come?
Presented by Richard Wolff, an American economist, Professor of Economics at the University of Massachusetts Amherst


The Economics of Time
Presented by Daniel Hamermesh, Centennial Professor of Economics, University of Texas at Austin.


The Social Security Crisis: A Divergence from Real Issues.
Presented by Dean Baker, Co-Director, Center for Economics & Policy Research, Washington, DC.


Does Rising Income Inequality Harm the Middle-Class?
Presented by Robert Frank, Henrietta Johnson Louis Professor of Management and Professor of Economics, Cornell University, New York.

Will Lyons Lecturers

The Will Lyons lecture series honors the late Will Lyons - a longtime professor and founding member of the Department of Economics at Franklin & Marshall College.

Dates, Topics and Speakers

Was Keynes a Liberal or a Socialist?
Matias Vernengo is a Professor of Economics at Bucknell University and a co-editor of the journal Review of Keynesian Economics, and co-editor in Chief of the New Palgrave Dictionary of Economics. Prof. Vernengo is an author of four books and his forthcoming co-authored book is titled Recessions, Depressions and Stagnation: An Introduction to Structuralist- Keynesian Macroeconomics. He has also edited six books and has published numerous peer-reviewed journal articles. Previously, he has taught at University of Utah, Kalamazoo College and Universidade Federal do Rio de Janeiro. He has also worked at the Central Bank of Argentina and Schwartz Center for Economic Policy Analysis in New York.

Listen to the lecture here.


When Things Don't Fall Apart: Global Financial Governance in the Age of Productive Incoherence Ilene Grabel is Professor of International Finance and Co-director of the graduate program in Global Finance, Trade, and Economic Integration at the Josef Korbel School of International Studies at the University of Denver. She serves as a standing member of the Intergovernmental Expert Group on Financing for Development at the United Nations Conference on Trade and Development (UNCTAD). She has worked as a consultant to the International Poverty Centre for Inclusive Growth of the UN Development Programme (UNDP), UNCTAD/G-24, UN University/World Institute for Development Economics Research, and UNDP’s Human Development Report Office. She has published widely on financial policy and crises, developmental financial architectures, international financial institutions, and global financial governance. Her 2004 book Reclaiming Development (Zed Books, with Ha-Joon Chang), has been translated into seven languages. Her latest book, When Things Don’t Fall Apart: Global Financial Governance and Developmental Finance in an Age of Productive Incoherence (MIT Press, 2018) has been awarded the 2018 British International Studies Association International Political Economy Group Book Prize.

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Economics students and faculty discuss the Lyons Lecture, Spring 2019 

The Global Economics of Inequality.
James K. Galbraith, holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs and a professorship in Government at the University of Texas at Austin. He chaired the board of Economists for Peace and Security from 1996 to 2016 ( and directs the University of Texas Inequality Project ( He was Executive Director of the Joint Economic Committee of the United States Congress in the early 1980s. From 1993 to 1997, he served as chief technical adviser to China's State Planning Commission for macroeconomic reform, and in the first half of 2015 he served as an informal counselor to Yanis Varoufakis, the Greek Minister of Finance. In 2016 he advised the presidential campaign of Senator Bernie Sanders. 



Inequality and Joblessness by Design: How to Choose a Different Future.
Pavlina Tcherneva, is Associate Professor and Chair in the Department of Economics at Bard College. She specializes in the fields of fiscal policy, monetary theory, and macroeconomic stabilization. Her current research examines the impact of direct job creation on the unemployed, and in particular on women and youth.


Modern Money Theory and Euroland: What is Wrong with the Euro?
L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City and Senior Scholar at the Levy Institute of Bard College, NY.  He is the authro of Modern Money Theory, Understanding Modern Money, and Money and Credit in Capitalist Economies.

2015 Lyons Lecture: What is Wrong With the Euro?

Bush-Obama & the Bankers: U.S. Economic Policy Since the Crash.
Robert Prasch, Professor of Economics at Middlebury College is the author of over 120 academic articles, book chapters and book reviews along with numerous editorials and interviews in newspapers, radio, and on-line media including The Huffington Post, New Economic Perspectives, Translation Exercises, Salon and Commondreams.


There's No Such Thing As A Free Crunch: Why We Are All Keynesians In A Crisis.
Presented by Mark Blyth, Professor of International Political Economy and Faculty Fellow of the Watson Institute for International Studies at Brown University.


Understanding Modern Money: Can the U. S. Government Go Broke?
Presented by L. Randall Wray, Ph.D,  Professor of Economics at the University of Missouri - Kansas City as well as a Research Director at the Center for Full Employment and Price Stability, and Senior Scholar at the Levy Economics Institute of Bard College, NY.


A Personal Journey Through the Dark Ages of Macroeconomics.
Presented by Peter Matthews, who started his career at Franklin & Marshall College and is currently the James Jermain Professor of Political Economy at Middlebury College.


Fiscal Responsibility: What exactly does it mean?
Presented by Jan A. Kregel, Ph.D., Rapporteur, United Nations General Assembly's Expert Commission on Reform of the International Financial System. Former Chief, Financing for Development, United Nations Department of Economic and Social Affairs (UNDESA), New York.

Special Note - The Will Lyons Inaugural lecture by Jan Kregel has been released as a Working Paper from the Levy Institute.  The link to the Working Paper is as follows: