Faculty profile

Mary Tone Rodgers

Adjunct Instructor, MBA



Office hours

Spring 2024:
Thursday, 4-6 pm
or by appointment on Zoom
email for appointment

Completing her MBA at the Kellogg School at Northwestern University in Evanston IL in 1981, Mary worked at Merrill Lynch Pierce Fenner & Smith in a variety of capacities for 30 years before completing her doctorate at Pace University in New York City in 2011. A CFA Charterholder, Mary continues to advise in an asset management practice today. Her research interests include financial markets, banking and financial history and financial crises and she holds a Chandler Research Travel Fellowship in Business History at Harvard Business School. She has presented her work at the National Bureau of Economic Research, the Federal Reserve, Oxford University, and many other universities at home and abroad. Mary's work has been published in the Review of Financial Economics, Journal of Economic History, Research in Economic History, Essays in Economic and Business History and other peer-reviewed academic journals. In 2019-2020, she served as Guest Editor for Review of Financial Economics, Special Edition on “Patterns in Post-Financial Crisis Periods.” Mary and co-author Jon Moen are currently under contract with Cambridge University Publishing to write a book about how J. P. Morgan originated loans during US financial crises before the formation of the US Federal Reserve, forthcoming 2024.





Peer-Reviewed Journal Articles

Moen, Jon R. and Mary Tone Rodgers, “How J. P. Morgan Picked the Winners and Losers in the Panic of 1907: An Exploration of the Individual over the Institution as Lender of Last Resort,” (2022) Essays in Economic & Business History, 40: 156-187.

Rodgers, Mary T. and Payne, James E. “Post-Crisis Changes in Financial System Structure: An Examination of the J. P. Morgan & Co. Syndicates after the 1907 Panic,” (2020) Review of Financial Economics, Special Edition on Patterns in Post-Financial Crisis Periods, 38: 226-241

Rodgers, Mary T. and Payne, James E.  “Monetary Policy and the Copper Price Bust: A Reassessment of the Causes of the 1907 Panic,” (2018) Research in Economic History, 99-133, Emerald Publishing Limited.

Rodgers, Mary T. “German Immigrants and J. P. Morgan’s Securities’ Underwriting Syndicates from 1879 through 1918,” (2015), Immigrant Entrepreneurship: The German Experience in America, The German Historical Institute, Washington DC.

Rodgers, Mary T. and Payne, James E., (2014). “How the Bank of France changed US equity expectations and ended the Panic of 1907,” The Journal of Economic History, 74 (2), 420-448.

Rodgers, Mary T. and Wilson, B. K., (2011). “Systemic risk, missing gold flows and the Panic of 1907,” Quarterly Journal of Austrian Economics, 14 (2), 158-187.

Book Reviews

Martin Horn, J. P. Morgan & Co. and the Crisis of Capitalism: From the Wall Street Crash to World War II, Cambridge, Cambridge University Press, 2022, for the Canadian Business History Association by Mary Tone Rodgers published December 2022.

William Quinn and John D. Turner Boom and Bust: a Global History of Financial Bubbles by William Quinn and John D. Turner, Cambridge University Press,2020, by Mary Tone Rodgers for EH.net, published June 2022.

Judge Glock, The Dead Pledge: The Origins of the Mortgage Market and Federal Bailouts 1913-1939 Columbia University Press, 2021, by Mary Tone Rodgers for Essays in Economic and Business History, Grand Rapids, MI published September 2022.

Mary Eschelbach Hansen and Bradley A. Hansen, Bankrupt in America: A History of Debtors, Their Creditors and the Law in the Twentieth Century. Chicago: University of Chicago Press, 2020. By Mary Tone Rodgers for EH.Net, published June 2020. 

Richard A. Naclerio, The Federal Reserve and its Founders: Money, Politics and Power. Agenda Publishing, 2018. By Mary Tone Rodgers for EH.Net, published February 2019.


Awards and honors

SUNY Chancellor’s Award for Excellence in Teaching 2022

Outstanding Professorship, SUNY-Oswego Residence Hall Association 2019

Open-SUNY Award for Online Teaching Excellence, 2016

President's Award for Excellence in Academic Advisement 2015


Classes taught

Fall 2024:
FIN 340 - Financial Statement Analysis
MBA 502 - Principles of Economics