Associate Professor Graham White

BComm UNSW, MEc Sydney, PhD Melbourne
Associate Professor

H04 - Merewether Building
The University of Sydney

Telephone +61 2 9351 6611
Fax +61 2 9351 4341

Website Working Papers
Contact Details

Biographical details

Graham White´s research interests have centered on the issues associated with synthesising Sraffian-inspired pricing models with Keynesian models of output and growth, as a non-orthodox theoretical foundation for examining economic phenomena.

Graham’s published research as well as his work-in-progress applies a heterodox perspective to a cross-section of fields within economics: growth theory, disequilibrium dynamics, macroeconomic theory and policy, issues in traditional microeconomics and the economics of the environment.

Graham’s current research (see below on recent working papers) is focused on learning in a demand-led growth setting; a Sraffian view of competition and it’s connection with economic growth; and a critique of the New Keynesian view of aggregate demand from a Sraffian perspective.

His major publications include:

'The new Keynesian view of aggregate demand: some reflections from a classical-Sraffian standpoint', Cambridge Journal of Economics, 2014.

‘Australia's Clean Energy Policy: taxing carbon and the illusion of the equity objective Ecological Economics’, Ecological Economics, 2013; (co-authored with S. Rosewarne and N. Perry);

‘Competition, welfare and macroeconomics: a classical/Sraffian perspective’, Review of Political Economy, 2013;

Labour, commodities and the labour market: a heterodox perspective, Economic and Labour Relations Review, 2010;

‘Public debt sustainability and alternative theories of interest’, Cambridge Journal of Economics, 2010; (Co-authored with A. Aspromourgos and D. Rees)

‘Growth, autonomous demand and a joint product treatment of fixed capital’, Metroeconomica, 2008;

‘Demand-led growth and the classical/Sraffian approach to value and distribution: Are they compatible?’ in Economic Growth and Distribution:On the Nature and Cause of the Wealth of Nations, edited by Neri Salvadori and published by Edward Elgar, 2006;

‘Capital, Distribution and Macroeconomics: 'Core' Beliefs and Theoretical Foundations’, Cambridge Journal of Economics, 2004;

‘Rethinking Kalecki on the Trend and Cycle’, Review of Political Economy, 1999;

‘Disequilibrium Pricing and the Sraffa-Keynes Synthesis’,Review of Political Economy1998;

‘Classical Competition, Keynesian Adjustment And Composite Dynamics: A Critical Perspective’, Economie Appliquee, 1996;

‘Capacity Utilization, Investment and Normal Prices: Some Issues in the Sraffa-Keynes Synthesis’. Metroeconomica, 1996; and,

‘Normal prices and the Theory of Output: Some Significant Implications of Recent Debate’, Political Economy: Studies in the Surplus Approach, 1989.

Research interests

  • Economic Policy and Economic Development
  • Macroeconomics and Growth
  • Disequilibrium analysis
  • Growth theory
  • Macroeconomics
  • Sraffian economics

In the media

White G 2014 'Debt and deficit, levies and taxes: let the real debate begin', The Conversation, 28 April 2014.

White G 2013 'Putting the cart before the horse in the debate over fiscalpolicy’, The Conversation, 6 September 2013.

White G 2013 Not just a number: Defining fullemployment’, The Conversation, 10 July 2013.

White G 2013 Debts and deficits: why a string of deficits does not necessarily spell the end of the world’, The Conversation, 9 May 2013.

White G 2013 Happening upon a silver lining stitched into the hip pocket of the highdollar’, The Conversation, 20 March 2013. Re-posted at http://www.smartcompany.com.au/economy/054737-analysis-can-a-silver-lining-really-be-gleaned-from-the-high-aussie-dollar.html

White G 2012 Budget Surplus: economic or political imperative?’, The Drum ABC, 2 April 2012.

White G 2012 'More money, more problems? The quantitative easingquandary', The Conversation, 13 December 2012

White G 2012'Austerity and growth: trying to make sense of acontradiction', The Conversation,18 June 2012

White G 2012 'World competitiveness rankings: what do they tellus?', The Conversation,1 June 2012

White G 2012 'Corporate tax cuts at risk – but are they reallyrequired?', TheConversation, 8 May 2012

White G 2012 'Cutting rates, then tightening fiscal policy? Trying to make sense of the quest for asurplus', The Conversation,4 May 2012

White G 2012 'Call to change Reserve Bank charter raises important questions about macroeconomic policy', The Conversation, 11 April 2012

White G 2012 'Returning to surplus: the policy wall our politicians can’t see over', The Conversation,10 April 2012

White G 2011 The economics of flood recovery', The Drum ABC, 27 January 2011.

White G 2010 'Abbottt's economic furphy', The Drum ABC, 19 May 2010.

White G 2009 'We’re not Keynesians yet',The Australian, 15 April 2009 - re-posted at http://sydney.edu.au/news/84.html?newsstoryid=3272

White G 2009 'For dollar spent, you expect more sense', Canberra Times, 24 March 2009.

PhD and master's project opportunities

Selected grants

2001

  • Economic growth, long-run changes in the use of productive capacity and investment demand in a multi-commodity model of the economy; White G; DVC Research/Research and Development Scheme: Research and Development (R&D).

Selected publications

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Book Chapters

  • White, G. (2006). Demand-led growth and the classical approach to value and distribution: Are they compatible? In Neri Salvadori (Eds.), Economic Growth and Distribution: On the Nature and Cause of the Wealth of Nations, (pp. 148-178). Cheltenham UK: Edward Elgar Publishing.

Journals

  • White, G. (2014). The new Keynesian view of aggregate demand: some reflections from a classical-Sraffian standpoint. Cambridge Journal of Economics. [More Information]
  • Perry, N., Rosewarne, S., White, G. (2013). Clean energy policy: Taxing carbon and the illusion of the equity objective. Ecological Economics, 90, 104-113. [More Information]
  • White, G. (2013). Competition, Welfare and Macroeconomics: A Classical/Sraffian Perspective. Review of Political Economy, 25(2), 225-253. [More Information]
  • White, G. (2011). [Book Review] Paul Davidson, John Maynard Keynes. Economic and Labour Relations Review, 22(2), 165-168.
  • White, G. (2010). Labour, Commodities and the Labour Market: A Heterodox Perspective. Economic and Labour Relations Review, 21(1), 89-104.
  • Aspromourgos, A., Rees, D., White, G. (2010). Public debt sustainability and alternative theories of interest. Cambridge Journal of Economics, 34(3), 433-447. [More Information]
  • White, G. (2008). Growth, autonomous demand and a joint-product treatment of fixed capital. Metroeconomica, 59(1), 1-26.
  • White, G. (2004). Capital, Distribution And Macroeconomics: 'Core' Beliefs And Theoretical Foundations. Cambridge Journal of Economics, 28(4), 527-547.
  • White, G. (2001). The Poverty of Conventional Economic Wisdom and the Search for Alternative Economic and Social Policies. The Drawing Board: An Australian Review of Public Affairs, 2, 67-87.

Conferences

  • White, G. (2012). The New Keynesian view of aggregate demand:some reflections from a Sraffian standpoint. 11th Australian Society of Heterodox Economists Conference SHE 2012, Sydney: Australian Society of Heterodox Economists.
  • White, G. (2011). Degrees of competition, the rate of return and growth from a Classical/Sraffian perspective. 10th Australian Society of Heterodox Economists Conference SHE 2011, Sydney: Society of Heterodox Economists.
  • White, G. (2009). Demand-led growth in a multi-commodity model with learning: Some preliminary results. 8th Australian Society of Heterodox Economists Conference SHE 2009, Australia: Society of Heterodox Economists.
  • White, G. (2009). Garnaut - the economic underpinnings. 8th Australian Society of Heterodox Economists Conference SHE 2009, Australia: Society of Heterodox Economists.

2014

  • White, G. (2014). The new Keynesian view of aggregate demand: some reflections from a classical-Sraffian standpoint. Cambridge Journal of Economics. [More Information]

2013

  • Perry, N., Rosewarne, S., White, G. (2013). Clean energy policy: Taxing carbon and the illusion of the equity objective. Ecological Economics, 90, 104-113. [More Information]
  • White, G. (2013). Competition, Welfare and Macroeconomics: A Classical/Sraffian Perspective. Review of Political Economy, 25(2), 225-253. [More Information]

2012

  • White, G. (2012). The New Keynesian view of aggregate demand:some reflections from a Sraffian standpoint. 11th Australian Society of Heterodox Economists Conference SHE 2012, Sydney: Australian Society of Heterodox Economists.

2011

  • White, G. (2011). [Book Review] Paul Davidson, John Maynard Keynes. Economic and Labour Relations Review, 22(2), 165-168.
  • White, G. (2011). Degrees of competition, the rate of return and growth from a Classical/Sraffian perspective. 10th Australian Society of Heterodox Economists Conference SHE 2011, Sydney: Society of Heterodox Economists.

2010

  • White, G. (2010). Labour, Commodities and the Labour Market: A Heterodox Perspective. Economic and Labour Relations Review, 21(1), 89-104.
  • Aspromourgos, A., Rees, D., White, G. (2010). Public debt sustainability and alternative theories of interest. Cambridge Journal of Economics, 34(3), 433-447. [More Information]

2009

  • White, G. (2009). Demand-led growth in a multi-commodity model with learning: Some preliminary results. 8th Australian Society of Heterodox Economists Conference SHE 2009, Australia: Society of Heterodox Economists.
  • White, G. (2009). Garnaut - the economic underpinnings. 8th Australian Society of Heterodox Economists Conference SHE 2009, Australia: Society of Heterodox Economists.

2008

  • White, G. (2008). Growth, autonomous demand and a joint-product treatment of fixed capital. Metroeconomica, 59(1), 1-26.

2006

  • White, G. (2006). Demand-led growth and the classical approach to value and distribution: Are they compatible? In Neri Salvadori (Eds.), Economic Growth and Distribution: On the Nature and Cause of the Wealth of Nations, (pp. 148-178). Cheltenham UK: Edward Elgar Publishing.

2004

  • White, G. (2004). Capital, Distribution And Macroeconomics: 'Core' Beliefs And Theoretical Foundations. Cambridge Journal of Economics, 28(4), 527-547.

2001

  • White, G. (2001). The Poverty of Conventional Economic Wisdom and the Search for Alternative Economic and Social Policies. The Drawing Board: An Australian Review of Public Affairs, 2, 67-87.

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