Perry Mehrling

Professor of Economics

Perry G. Mehrling, Professor of Economics, joined the faculty of Barnard in 1987. He has also held visiting positions at the Sloan School of Management at MIT, and at Boston University.

At Barnard, Professor Mehrling teaches courses on the economics of money and banking, the history of finance, and the financial dimensions of the U.S. retirement, health, and education systems.

Professor Mehrling's research focuses on the foundations of monetary economics and the history and applications of monetary economics and finance.

He aims to develop a theory of money that takes as its starting point the inside credit character of modern money, in order to integrate monetary economics with modern finance, and so contribute to an alternative money theoretical basis for macroeconomics.

Professor Mehrling is currently a member of the Board of Directors of the Eastern Economics Association, and a member of the Economists Forum at the Financial Times.

Selected Publications

"The Revolution in Finance and the Development of Macroeconomics." In conference volume, edited by P. F. Asso and L. Fiorito, 2006.

"Mr. Woodford and the Challenge of Finance." Journal of the History of Economic Thought, 2006.

Fischer Black and The Revolutionary Idea of Finance. Hoboken, NJ: John Wiley and Sons, 2005.

"What would Fischer Say?" Financial Engineering News (November/December 2005)

"Whither Macro?" The American Economist 47 No. 1 (Spring 2003). Revised version published in Michael Szenberg, ed. Shifting Paradigms, New Directions in Economics, Cambridge University Press, 2004.

Money and Growth: Selected Essays of Allyn Young (with Roger Sandilands). London: Routledge, 1999.

The Money Interest and the Public Interest: American Monetary Thought, 1920-1970. Harvard Economic Studies #162. Cambridge: Harvard University Press, 1997.

Debt, Crisis, and Recovery: The 1930s and the 1990s (with Albert G. Hart). Columbia University Seminar Series. Armonk, NY: ME Sharpe, 1995.

Academic Focus: 

History and foundations of monetary economics

Awards & Honors: 
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Ph.D., Harvard University

M.Sc., London School of Economics

B.A., Harvard University

Related Web Sites: 

In the News

Economics professor quoted in Bloomberg/Businessweek article.

Economics professor quoted in Bloomberg article.

In The Los Angeles Times, economics professor Perry Mehrling discusses efforts to reign in federal power by making precious metals legal tender.