About the Author

Douglas Peters

DOUGLAS PETERS has worked as vice-president and chief economist for the Toronto-Dominion Bank. He is a past member of the executive council of the Canadian Economic Association and was a founder and first president of the Toronto Association of Business Economists.

Books by this Author

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The Monetarist Counter-Revolution

A Critique of Canadian Monetary Policy 1975-1979

by Arthur Donner & Douglas Peters

edition:Paperback

also available: Hardcover

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tagged : money & monetary policy, economic history

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 aspect …

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