Weather Update

Due to the storm, Barnard College closed at 4pm Friday, for non-essential personnel. “Essential personnel" include staff in Facilities, Public Safety and Residence Halls.  

Friday evening and weekend classes are cancelled but events are going forward as planned unless otherwise noted. The Athena Film Festival programs are also scheduled to go forward as planned but please check http://athenafilmfestival.com/ for the latest information. 

The Barnard Library and Archives closed at 4pm Friday and will remain closed on Saturday, Feb. 9.  The Library will resume regular hours on Sunday opening at 10am.  

Please be advised that due to the conditions, certain entrances to campus may be closed.  The main gate at 117th Street & Broadway will remain open.  For further updates on college operations, please check this website, call the College Emergency Information Line 212-854-1002 or check AM radio station 1010WINS. 

3:12 PM 02/08/2013

Prof. Perry Mehrling discusses the Federal Reserve's $600 billion bet

November 05, 2010
economics
economy
government
Perry Mehrling

Economist Perry Mehrling tells the New York Times that Mr. Bernanke was being cautious about not overstepping the Fed’s role. “Probably he would prefer fiscal easing over quantitative easing, but that decision is ultimately a political one,” he said. 

"Perry Mehrling, a Barnard College economist who has written a forthcoming book on Fed policy called The New Lombard Street, is more skeptical. He says the Fed's first asset-buying program made sense because it was focused on mortgage-backed securities, for which there was scant private demand after the housing collapse. In contrast, he says, there's no lack of private demand for Treasuries, so purchases are 'unlikely to have much positive effect,'" writes Businessweek.

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