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

By this expert

Regulating the Shadow Banking System

Article | Apr 3, 2011

(Way) Beyond Diamond-Dybvig

Greenspan Calls for New Economic Thinking

Article | Mar 30, 2011

But not by him

In Gold They Trust

Article | Mar 26, 2011

The illusion of black swan-proofing

Global Crisis, Global Reform

Article | Mar 20, 2011

Capital Flows, Cross-border Banking, Shadow Banking, and the Dollar

Featuring this expert