Perry G. Mehrling


Perry G. Mehrling is professor of economics at Pardee School of Global Studies at Boston University. He was professor of economics at Barnard College in New York City for 30 years. There, he taught courses on the economics of money and banking, the history of money and finance, and the financial dimensions of the U.S. retirement, health, and education systems. His most recent book is The New Lombard Street: How the Fed became the dealer of last resort (Princeton 2011). His best-known book Fischer Black and the Revolutionary Idea of Finance (Wiley 2005, 2012) has recently been released in a revised paperback edition. Currently, Prof. Mehrling directs the educational initiatives of the Institute for New Economic Thinking, one of which is his course Economics of Money and Banking, available on Coursera at

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Financial Globalization versus the Nation State

Article | Sep 29, 2011

At its core, this rolling crisis is really about financial globalization.

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Financial Globalization versus the Nation State

Twisting in the Wind

Article | Sep 24, 2011

While waiting for TALF


Article | Sep 17, 2011

Understanding QE3

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