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Business & Economics Money & Monetary Policy

The Monetarist Counter-Revolution

A Critique of Canadian Monetary Policy 1975-1979

by (author) Arthur Donner & Douglas Peters

Publisher
James Lorimer & Company Ltd., Publishers
Initial publish date
Jan 1979
Category
Money & Monetary Policy, Economic History
  • Hardback

    ISBN
    9780888622723
    Publish Date
    Jan 1979
    List Price
    $45.00
  • Paperback / softback

    ISBN
    9780888622730
    Publish Date
    Jan 1979
    List Price
    $14.95
  • eBook

    ISBN
    9781552773062
    Publish Date
    Feb 2008
    List Price
    $45.00

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Out of print

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Description

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.

About the authors

ARTHUR DONNER, once an economist with the Bank of Nova Scotia is now a widely-known economic consultant specializing in financial markets.

Arthur Donner's profile page

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.

Douglas Peters' profile page

Other titles by Arthur Donner