William White

Formal First Name

William

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Dates

1943 - present

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William White is a former central bank insider and is known to be somewhat of an intellectual rebel. He is currently a Senior Fellow at the C.D. Howe Institute in Toronto. White started his professional career at the Bank of England, where he was an economist. Subsequently, he spent 22 years with the Bank of Canada as its deputy governor. White also ran the economics department at the Bank of International Settlements. Until April of 2018, White was the chairman of the Economic and Development Review Committee at the OECD in Paris.

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White thinks that it's important to have the capacity to challenge others' thinking and be able to suspect that there are false beliefs—not everything people in a position of power say is true.
He believes that the Central bank should focus on the financial cycle (debt) vs. the business and inflation cycle. The financial cycle is really what drives things.
White suggests that a major flaw in modern academic economic thinking is the belief that our economic systems are simple, static, understandable and controllable . However, in reality, they are complex and adaptive, which makes it hard to be fully understood and/or control.
William White has appeared as a guest on Real Vision multiples times.
He was born in a small town in Ontario, Canada.
He looks at Keynes as a hero—he was willing to think differently than the status quo.
He has appeared as a guest on Real Vision.

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