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Hardcover
9780888622723
$45.00 CAD
Out of print
The Monetarist Counter-Revolution
A Critique of Canadian Monetary Policy 1975-1979
by Arthur Donner and Douglas Peters
First published in 1979, The Monetarist Counter-Revolution is an early and acute criticism of monetarist economic policies as applied in Canada.
In a major shift in Canadian economic policy in 1975, the Bank of Canada announced its adherence to the principle of restricting the growth in the country's money supply in an effort to restrain inflation.
The authors argue that this adoption of monetarist policies failed in Canada because it did not lend itself to dealing with the structural aspects of inflation and because, along with other policies, it did not alleviate the growing balance of payments deficit.
First published in 1979, The Monetarist Counter-Revolution is an early and acute criticism of monetarist economic policies as applied in Canada.
The authors argue that this adoption of monetarist policies failed in Canada because it did not lend itself to dealing with the structural aspects of inflation and because, along with other policies, it did not alleviate the growing balance of payments deficit.
First published in 1979, The Monetarist Counter-Revolution is an early and acute criticism of monetarist economic policies as applied in Canada.
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