Professor Emeritus Dick Bryan
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Professor Emeritus Dick Bryan

BEc Monash MEc Monash D.Phil Sussex
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+61 2 9351 6601
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Professor Emeritus Dick Bryan

Dick Bryan joined Political Economy in 1984. Over the subsequent quarter of a century, he has researched and taught on two related areas: theories of value and distribution and the evolving global economic system. An on-going theme here is the breaking down of national barriers to trade, investment and finance and the associated breaking down of national systems of economic calculation.

Of more recent times this focus has shifted towards international finance, and financial derivatives and securities in particular: both how they are transforming our understanding of economic processes and changing wider social relations. Dick?s most recent book on this theme, written with Michael Rafferty, is Capitalism with Derivatives: A Political Economy of Financial Derivatives, Capital and Class (2006).

  • Australian economic policy
  • Balance of payments
  • Globalisation
  • International financial markets
  • International finance and investment
  • Theories of money
  • Marxian Economic Theory
  • Marxist
  • The media
  • Trade

Dick is convenor of the Australian Working Group on Financialization http://awgf.econ.usyd.edu.au/

Publications

Books

  • Bryan, R., Rafferty, M. (2018). Risking Together: How Finance is Dominating Everyday Life in Australia. Sydney: Sydney University Press. [More Information]
  • Bryan, R., Rafferty, M. (2006). Capitalism With Derivatives: A Political Economy of Financial Derivatives, Capital and Class. United Kingdom: Palgrave Macmillan.

Book Chapters

  • Bryan, D., Rafferty, M. (2018). Capital moves financially: Securitisation, value and the emergent social relations of labour. In Jocelyn Pixley, Helena Flam (Eds.), Critical Junctures in Mobile Capital, (pp. 113-130). Cambridge: Cambridge University Press. [More Information]
  • Bryan, R., Rafferty, M. (2017). Financialization. In D. M. Brennan, D. Kristjanson-Gural, C. P. Mulder and E. K. Olsen (Eds.), Routledge Handbook of Marxian Economics, (pp. 255-265). Abingdon: Routledge.
  • Bryan, R., Rafferty, M., Wigan, D. (2017). From Time-Space Compression to Spatial Spreads: Situating Nationality in Global Financial Liquidity. In Brett Christophers, Andrew Leyshon, Geoff Mann (Eds.), Money and Finance After the Crisis: Critical Thinking for Uncertain Times, (pp. 43-67). Hoboken: Wiley-Blackwell Publishing.

Journals

  • Bryan, R., Rafferty, M., Wigan, D. (2017). Capital unchained: finance, intangible assets and the double life of capital in the offshore world. Review of International Political Economy, 24(1), 56-86. [More Information]
  • Bryan, R., Rafferty, M., Toner, P., Wright, S. (2017). Financialisation and labour in the Australian commercial construction industry. The Economic and Labour Relations Review, 28(4), 500-518. [More Information]
  • Bryan, D., Rafferty, M. (2017). Reframing austerity: financial morality, savings and securitization. Journal of Cultural Economy, 10(4), 339-355. [More Information]

Conferences

  • Bryan, R. (2009). Beyond populism and moralism: How the left's love of a crisis has become an obstacle to understanding. 8th Australian Society of Heterodox Economists Conference SHE 2009, Australia: Society of Heterodox Economists.
  • Rafferty, M., Bryan, R. (2007). Do financial derivatives challenge the ontological primacy of the joint stock company? 6th Australian Society of Heterodox Economists Conference SHE 2007, Sydney, Australia: Society of Heterodox Economists.
  • Bryan, R., Martin, R., Rafferty, M. (2007). Financialization and Marx: Giving capital and labor a financial makeover. 6th Australian Society of Heterodox Economists Conference SHE 2007, Sydney, Australia: Society of Heterodox Economists.

Magazine / Newspaper Articles

  • Rafferty, M., Bryan, R. (2012). The new class politics of financial risk. Dissent, 37.

Research Reports

  • O'Neill, P., Camacho Duarte, O., Casiro, J., Gwyther, G., Phibbs, P., Bryan, R., Rafferty, M., Allon, F. (2010). The Experience of Mortgage Distress In Western Sydney, (pp. 6 - 57). Sydney, Australia: Urban Research Centre, University of Western Sydney.

2018

  • Bryan, D., Rafferty, M. (2018). Capital moves financially: Securitisation, value and the emergent social relations of labour. In Jocelyn Pixley, Helena Flam (Eds.), Critical Junctures in Mobile Capital, (pp. 113-130). Cambridge: Cambridge University Press. [More Information]
  • Bryan, R., Rafferty, M. (2018). Risking Together: How Finance is Dominating Everyday Life in Australia. Sydney: Sydney University Press. [More Information]

2017

  • Bryan, R., Rafferty, M., Wigan, D. (2017). Capital unchained: finance, intangible assets and the double life of capital in the offshore world. Review of International Political Economy, 24(1), 56-86. [More Information]
  • Bryan, R., Rafferty, M., Toner, P., Wright, S. (2017). Financialisation and labour in the Australian commercial construction industry. The Economic and Labour Relations Review, 28(4), 500-518. [More Information]
  • Bryan, R., Rafferty, M. (2017). Financialization. In D. M. Brennan, D. Kristjanson-Gural, C. P. Mulder and E. K. Olsen (Eds.), Routledge Handbook of Marxian Economics, (pp. 255-265). Abingdon: Routledge.

2016

  • Bryan, R., Rafferty, M. (2016). Decomposing Money: Ontological options and spreads. Journal of Cultural Economy, 9(1), 27-42. [More Information]
  • Bryan, R., Rafferty, M., Tinel, B. (2016). Households at the Frontiers of Monetary Development. Behemoth: a journal on civilisation, 9(2), 46-58.
  • Bryan, R. (2016). Navigating in a fog: Plotting a marxist political economy. Journal of Australian Political Economy, 2016 (77), 36-51.

2015

  • Bryan, R., Rafferty, M. (2015). Beyond the Necessary (Utilitarian) and Mundane? The Economics of Job Quality. In Angela Knox, Chris Warhurst (Eds.), Job Quality in Australia: Perspectives, Problems and Proposals, (pp. 127-149). Sydney: Federation Press.
  • Bryan, R., Rafferty, M., Jefferis, C. (2015). Risk and Value: Finance, Labor, and Production. S A Q: The South Atlantic Quarterly, 114(2), 307-329. [More Information]

2014

  • Bryan, R., Rafferty, M. (2014). Financial Derivatives as Social Policy beyond Crisis. Sociology, 48(5), 887-903. [More Information]
  • Bryan, R., Rafferty, M. (2014). Political Economy and Housing in the Twenty-first Century - From Mobile Homes to Liquid Housing? Housing, Theory and Society, 31(4), 404-412. [More Information]
  • Beggs, M., Bryan, R., Rafferty, M. (2014). Shoplifters of the World Unite! Law and Culture in Financialized Times. Cultural Studies, 28(5-6), 976-996. [More Information]

2013

  • Bryan, R., Rafferty, M. (2013). Fundamental value: a category in transformation. Economy and Society, 42(1), 130-153. [More Information]
  • Teicher, J., Bryan, R. (2013). Globalization, economic policy and the labor market. In Julian Teicher, Peter Holland and Richard Gough (Eds.), Australian Workplace Relations, (pp. 11-25). Cambridge: Cambridge University Press. [More Information]

2012

  • Bryan, R., Martin, R., Montgomerie, J., Williams, K. (2012). An important failure: knowledge limits and the financial crisis. Economy and Society, 41(3), 299-315. [More Information]
  • Bryan, R. (2012). Going forward: The perpetual crisis of finance. Culture and Organization, 18(2), 171-176. [More Information]
  • Wickham, G., Bryan, R. (2012). Money, Financial Regulation and the Fragility of Civil Peace: Maintaining Order in the Face of Chaos. Griffith Law Review, 21(1), 190-208. [More Information]

2011

  • Bryan, R., Rafferty, M. (2011). Monetary Equivalence and Functionalism: Implications for Central Banking. In Heiner Ganssmann (Eds.), New Approaches to Monetary Theory: Interdisciplinary Perspectives, (pp. 171-190). London, United Kingdom: Routledge imprint of Taylor & Francis. [More Information]

2010

  • Bryan, R., Rafferty, M. (2010). A Time and a Place for Everything: Foundations of Commodity Money. In M. Amato, L. Doria, and L. Fantacci (Eds.), Money and Calculation: Economic and Sociological Perspectives, (pp. 101-121). USA: Palgrave Macmillan.
  • Bryan, R. (2010). Australian Populism and the Global Financial Crisis: Finding a Place for Labour. Labour and Industry, 20(3), 250-269.
  • Bryan, R., Rafferty, M. (2010). Deriving Capital's (and Labour's) Future. In Leo Panitch, Greg Albo and Vivek Chibber (Eds.), The Crisis This Time: Socialist Register 2011, (pp. 196-223). London: Merlin Press.

2009

  • Bryan, R. (2009). Beyond populism and moralism: How the left's love of a crisis has become an obstacle to understanding. 8th Australian Society of Heterodox Economists Conference SHE 2009, Australia: Society of Heterodox Economists.
  • Bryan, R., Martin, R., Rafferty, M. (2009). Financialization and Marx: Giving Labor and Capital a Financial Makeover. Review of Radical Political Economics, 41(4), 458-472. [More Information]
  • Bryan, R., Rafferty, M. (2009). Homemade financial crisis. Ephemera: theory and politics in organization, 9(4), 357-362.

2008

  • Martin, R., Rafferty, M., Bryan, R. (2008). Financialization, Risk and Labour. Competition and Change, 12(2), 121-133. [More Information]
  • Bryan, R. (2008). Minimum Living Standards and the Working Class Surplus: Higgins, Henderson and Housing. Labour History, 95(November), 213-223.
  • Bryan, R. (2008). The Global Foreign Exchange Market: An Interpretation of the Bank for International Settlements' Survey of Foreign Exchange and Derivatives Market Activity, 2007. Global Society, 22(4), 491-505. [More Information]

2007

  • Rafferty, M., Bryan, R. (2007). Do financial derivatives challenge the ontological primacy of the joint stock company? 6th Australian Society of Heterodox Economists Conference SHE 2007, Sydney, Australia: Society of Heterodox Economists.
  • Bryan, R., Rafferty, M. (2007). Financial Derivatives and the Theory of Money. Economy and Society, 36(1), 134-158. [More Information]
  • Bryan, R., Rafferty, M. (2007). Financial Derivatives: Bubble or Anchor? In L. Assassi; A. Nesvetailova; D. Wigan (Eds.), Global Finance in the New Century: Deregulation and Beyond, (pp. 25-37). USA: Palgrave Macmillan.

2006

  • Bryan, R. (2006). 'Buttressing the Dollar: Financial Derivatives' role in the Creation of Global Money. Staff Seminar, School of Political Science and Intenational Studies. Swedish Emergency Management Agency/CRISMART.
  • Bryan, R., Rafferty, M. (2006). Can financial Derivatives Inform HRM? Lessons from Moneyball. Human Resource Management, 45(4), 667-671. [More Information]
  • Bryan, R., Rafferty, M. (2006). Capitalism With Derivatives: A Political Economy of Financial Derivatives, Capital and Class. United Kingdom: Palgrave Macmillan.

2004

  • Bryan, R. (2004). Australia: Asian Outpost or Big-time Financial Dealer? In Marjorie Griffin Cohen and Stephen Clarkson (Eds.), Governing under Stress: Middle Powers and the Challenge of Globalization, (pp. 110-131). London: Zed Books Ltd.
  • Bryan, R. (2004). Superannuation: the ricardian crisis. Journal of Australian Political Economy, 53(4), 100-115.

2003

  • Bryan, R. (2003). Bridging differences: value theory, international finance and the construction of glaobal capital. In Richard Westra and Alan Zuege (Eds.), Value and the World Economy Today: Production, Finance and Globalization, (pp. 57-69). UK: Palgrave Macmillan.

2002

  • Bryan, R. (2002). Alternative Economic Strategies: An Evaluation. Journal of Australian Political Economy, 13(1), 153-162.
  • Teicher, J., Bryan, R. (2002). The Australian state and the global economy. In Julian Teicher, Peter Holland & Richard Gough (Eds.), Employee Relations Management: Australia in a Global Context, (pp. 15-35). Australia: Pearson Prentice Hall.

2001

  • Bryan, R. (2001). Global Accumulation and Accounting for National Economic Identity. Review of Radical Political Economics, 33(1), 57-77. [More Information]
  • Bryan, R. (2001). Reporting the "Asian financial crisis": Australian Financial Journalists' Construction of a National Threat. Southern Review: communication, politics and culture, 34, 14-25.
  • Bryan, R., Meagher, G. (2001). The Economy. In F. Doig (Eds.), Australia: The Complete Story, (pp. 158-171). Willoughby: Academic Press.

2000

  • Bryan, R., Rafferty, M. (2000). Globalisation as discipline: the case of Australia and international finance. In Stephen McBride and John Wiseman (Eds.), Globalization and its Discontents, (pp. 41-54). Basingstoke: Macmillan Press.

Selected Grants

2015

  • Social Impact Bonds and the Welfare State: Financialization and Its Implications for Democratic Governance, Schram S, Bryan R, DVC Research/International Research Collaboration Award (IRCA)

2012

  • New Social Foundations of Money, Bryan R, Australian Research Council (ARC)/Discovery Projects (DP)