Perry G. Mehrling

Involvement

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 www.coursera.org/course/money.


By this expert

A Money View of Keynes, Keynesians, and Post-Keynesians

Article | Feb 4, 2020

The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution

Payment vs. Funding: The Law of Reflux for Today

Paper Working Paper Series | | Feb 2020

The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution

The Economics of Money & Banking

Course

Learn to read, understand, and evaluate professional discourse about the current operation of money markets at the level of the Financial Times.

Can Bitcoin Replace the Dollar?

Article | Oct 14, 2017

Financial Globalization and its Cryptocurrency Discontents

Featuring this expert

General Equilibrium Theory: Sound and Fury, Signifying Nothing?

Article | Aug 16, 2016

Does general equilibrium theory sufficiently enhance our understanding of the economic process to make the entire exercise worthwhile, if we consider that other forms of thinking may have been ‘crowded out’ as a result of its being the ‘dominant discourse’? What, in the end, have we really learned from it?

Inequality and the Current Account

Video | Feb 17, 2014

Institute for New Economic Thinking grantees Christian Belabed and Thomas Theobald and their co-authors have revived this old theory as a hypothesis to explain the apparent statistical link between rising income inequality and current account deficits.

Beyond Representative-Agent Macroeconomics

Video | Jan 3, 2014

Corrado DiGuilmi and Laura Carvalho, grantees of the Institute for New Economic Thinking, have individually been exploring two possible alternative analytical entry points: mean field methods from physics and stock flow consistent modeling from accounting. The idea behind their grant is to work together to combine these two approaches, the first bottom-up and the second top-down.

What Do Management Consultants Do?

Video | Nov 18, 2013

Most of us probably think of management consultancy as a technocratic function, helping companies fix internal problems in order to become more productive. But Institute for New Economic Thinking grantee Kimberley Chong thinks about it in a different way, by viewing management consultancy through the lens of cultural anthropology.