Here is a talk I gave recently at Wake Forest University. It is pretty long, but you can page through the video (on the left) by paging through the powerpoint (on the right), and anyway the last twenty minutes are devoted to questions. I couldn't figure out how to embed it in the blog, but the link will get you there.
The Money View
Insights from Bagehot, for these Trying Times
About this Blog
The idea of this blog is to engage current financial news and policy debates from the standpoint of the classics of monetary theory. We ask, “What would Bagehot say?”, “What would Minsky say?”, “What would Fischer Black say?” Like them, our starting point is the idea that capitalism is essentially a financial system, which means that we need to take a money view in order to understand how it works.
The New Lombard Street
Perry Mehrling is the author of The New Lombard Street, which traces the evolution of ideas and institutions in the American banking system since the establishment of the Federal Reserve in 1913.