Newswise — Grinnell College Professor of Economics Bill Ferguson is available to reporters to discuss the current financial crisis. He is teaching a short course this summer on a theory of financial crisis called the "financial instability hypothesis," which relates to current economic developments such as the collapse of Lehman Brothers and recession. Ferguson's teaching ranges widely from macroeconomic analysis and policy to labor economics, political economy, British economic policy (taught in London), applied game theory, and statistics. Most of his publications concern implicit bargaining power in employment relationships or relationships between wages and productivity. He is currently working on a book on political economy for Stanford University Press.