Business & Economics Economic Development
Hard Money, Hard Times
Why Zero Inflation Hurts Canadians
- Publisher
- James Lorimer & Company Ltd., Publishers
- Initial publish date
- Jan 1998
- Category
- Economic Development
-
Hardback
- ISBN
- 9781550286137
- Publish Date
- Jan 1998
- List Price
- $34.95
-
Paperback / softback
- ISBN
- 9781550286120
- Publish Date
- Jan 1998
- List Price
- $19.95
-
eBook
- ISBN
- 9781552771617
- Publish Date
- Feb 2008
- List Price
- $34.95
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Description
Following the recession of the early 1990s, the Canadian economy boomed under the moderate policies of the Bank of Canada. Why, then, would the Bank wish to return to a high-interest, hard-money approach?
The eight independent economists featured in this volume argue that this shift could prove disastrous. They examine the rationale behind high interest rates, and argue that moderate policies on inflation and interest rates are essential to the creation of growth, and the reduction of unemployment and government deficits.
Hard Money, Hard Times offers a series of lucid, independent analyses of the challenges that faced the Canadian economy in the 1990s.
About the authors
LARS OSBERG is a Professor of Economics at Dalhousie University with research interests in labour economics and income and wealth distribution. He received his PhD in Economics from Yale University and has published numerous articles in academic journals and seven books, including Lorimer's Unnecessary Debts, co-edited with Pierre Fortin. He is a past President of the Canadian Economics Association.
PIERRE FORTIN is a professor of economics at the University of Quebec.
Other titles by
The Scandalous Rise of Inequality in Canada
The Age of Increasing Inequality
The Astonishing Rise of Canada's 1%
Vanishing Jobs
Canada's Changing Workplaces
The Economic Implications of Social Cohesion
Unnecessary Debts
8 leading economists explain why cutbacks are not the answer to Canada's debt and deficit problem
