Perry G. Mehrling (born August 14, 1959) is professor of economics at Pardee School of Global Studies at Boston University. He was professor of economics at Barnard College in New York City for 30 years. He specializes in the study of financial theory within the history of economics. Life Perry Gandhi Mehrling received an A.B (magna cum laude), a Ph.D. from Harvard University and an M.Sc. from the London School of Economics. Mehrling was valedictorian of the class of 1977 at Boston Latin School. He was a professor in the Economics Department at Barnard College/Columbia University for 30 years until 2017 and is the Director of Educational Programs at the Institute for New Economic Thinking, a global not-for-profit organization dedicated to changing the way economics is currently taught. He teaches the hugely popular "Economics of Money and Banking" MOOC on the Coursera website. Publications Mehrling is the author of The Money Interest and the Public Interest: American Monetary Thought, 1920-1970 as well as a recent biography of Fischer Black, Fischer Black and the Revolutionary Idea of Finance. The New Lombard Street. How the Fed Became a Dealer of Last Resort. Princeton University Press, Princeton, NJ 2011, Linen: , e-book: He wrote his thesis under Meghnad Desai and Douglas Gale at the London School of Economics. It was published by the University of Chicago's Journal of Political Economy. It synthesized differential game-theoretic models of capitalism, due to Kelvin Lancaster and Richard M. Goodwin. Gale's general equilibrium handbooks on monetary economics acknowledge Merhling's assistance. Money View Perry Mehrling's brainchild, the Money View, is a monetary-financial school of thought that links the (usually separate) intellectual realms of economics and finance. It offers an integrated approach for conceptualizing money, finance and (shadow) banking, which it sees as the fundamental infrastructure of capitalism. Other than most economic theories, it denotes analytical importance to the notion of liquidity as well as to the centrality of profit-seeking dealers as market makers. The Money View has first been developed, formulated and put forward by Mehrling and is now - despite still being an academic minority view - popularized by scholars, central bankers and market practitioners around the world. Description The speciality of the Money View is its ability to adequately synthesize current features of our integrated monetary and financial system, which Mehrling describes as 'money market funding of capital market lending', a.k.a. shadow banking, by paying attention to