Books by Perry Mehrling
“Whenever people say, ‘Oh, economists didn’t know what was going on. Economists have no models. They missed everything’—that’s of course, mostly true. But it has to have huge asterisks for people like Perry Mehrling because he totally knew what was going on. And so, after the crisis, when you were looking for a model, for a framework, his explanation of banking and finance explained it brilliantly. His profile has gone up dramatically since then.” Read more...
Samuel A. Chambers, Political Scientist
Interviews where books by Perry Mehrling were recommended
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1
Currency and Credit
by R. G. Hawtrey -
2
Credit and State Theories of Money: The Contributions of A. Mitchell Innes
by L. Randall Wray -
3
The Nature of Money
by Geoffrey Ingham -
4
History of Economic Analysis
by Joseph A. Schumpeter -
5
The New Lombard Street: How the Fed Became the Dealer of Last Resort
by Perry Mehrling
The best books on Money, recommended by Samuel A. Chambers
The best books on Money, recommended by Samuel A. Chambers
Economists have offered two contrasting explanations of what money is and what it is for. For a long time, its function as a commodity, a store of value and a medium of exchange dominated economics textbooks. But, as Professor Samuel A. Chambers explains, understanding money as something closer to credit is more convincing and supported by other social sciences and what we’ve learned from the 2008 financial crisis.
