Perry G. Mehrling

Academic Council
Institute for New Economic Thinking

Perry Mehrling is a member of the Academic Council at the Institute for New Economic Thinking.

Mehrling has been a professor of economics at Barnard College since 1987. 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. He also has held visiting positions at the MIT Sloan School of Management and Boston University.

Mehrling is the author of The New Lombard Street: How the Fed Became the Dealer of Last Resort, which was published by Princeton University Press in 2011, and Fischer Black and the Revolutionary Idea of Finance, which was published by John Wiley & Sons in 2005 and reissued in a revised paperback edition in 2012.

Mehrling received a bachelor’s degree from Harvard University, a master’s degree from the London School of Economics, and a Ph.D. from Harvard University.

My Additional Content

Look around and you’ll see that the economic problems facing us today are many. Even worse, the most pressing of these problems pose a daunting...

The Eurocrisis has many dimensions—bank solvency crisis, sovereign debt crisis, political unity crisis, and economic/unemployment crisis—but time after time it has been the liquidity crisis dimension driving events, and ECB response to the liquidity crisis driving institutional...

Everyone wants to ring-fence something, but they can’t agree on what:  Vickers, Liikanen, Volcker.

In all proposals, the idea is to have bank capital separately...

At the heart of the Eurocrisis lies a vicious circle where once there was a virtuous one.  Over the last week or two, the FT has been reflecting on the connection between the sovereign debt crisis and the bank crisis, conjoined twins (as George Soros has put it) of the current Eurocrisis....



Below is a revised version of a talk I gave at the New School University, at a conference to launch Lance Taylor's latest book.  The date of the event was...

My Video Content

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How blogs and new media became the go-to resource during the global financial collapse and how they might grow in importance over the old media in the future.

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A younger professor describes George Soros as merging the open inquiry and intellectual honesty of the best in Academia with the practical mindset of a financial trader.

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A younger professor's perspective on George Soros and the older generation of economists who initially got together to form the Institute for New Economic Thinking.

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Economists in previous eras were much more engaged with professionals working in the society and economy and so had a tendency to have theories more informed by actual practices.

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Professor Perry Mehrling speculates on how the shock of the recent Global Crisis will reverberate in intellectual circles for decades to come.