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Perry G. Mehrling

Involvement

Perry G. Mehrling, Professor of Economics, joined the faculty of Barnard College in 1987, where he teaches 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

The Bank for International Settlements Looks Through the Financial Cycle

Article | Jun 28, 2016

The BIS offers a comprehensive picture of the state of the world economy, and of dysfunctional policies holding it back

In Memoriam, Jack Treynor

Article | Jun 20, 2016

Remarks at a memorial service for pioneering financial analyst Jack Treynor Memorial, MIT Chapel, June 19, 2016

Global Money: A Work in Progress

Article | Jun 12, 2016

A dollar-denominated global economy means the Fed is at once the bankers bank and government bank, as well as both U.S. central bank and global central bank — managing that hybrid is the challenge of our time

From Keynes to Lucas, and Beyond

Article | Jun 6, 2016

Book review: Michel De Vroey and the problems of macroeconomics

Featuring this expert

A Computer Simulation of Monetary Dynamics

Video | Feb 1, 2014

Sometimes new tools are what we need to create new thinking.

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.

What Causes Inequality? An Econophysics Approach

Video | Oct 23, 2013

In standard economics, inequality in outcomes is typically attributed to inequality of inputs, for example, from differences in education. Yakovenko thinks about inequality in a different way by extending some ideas from statistical physics.