Inflation or Depression
The Continuing Crisis of the Canadian Economy
by Cy Gonick
First published in 1975, Inflation or Depression offers a bold interpretation of the malaise affecting the world economy at the beginning of the 1970s.
First published in the mid-1970s, Inflation or Depression attributes the contemporary world economic crisis to the post-Vietnam War decline of the U.S. as a preeminent world economic power.
Rather than offering abstract economic theory, Gonick's analysis is based on the actual behaviour of multinational corporations, on the links that bind Western economies together, and on the limitations determining the economic policies of Canada and other countries. The author traces a consistent pattern by which U.S. policymakers intentionally exported their economic problems abroad during the early '70s.
Inflation or Depression offers a bold interpretation of the malaise affecting the world economy at the beginning of the 1970s.
Rather than offering abstract economic theory, Gonick's analysis is based on the actual behaviour of multinational corporations, on the links that bind Western economies together, and on the limitations determining the economic policies of Canada and other countries. The author traces a consistent pattern by which U.S. policymakers intentionally exported their economic problems abroad during the early '70s.
Inflation or Depression offers a bold interpretation of the malaise affecting the world economy at the beginning of the 1970s.
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