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list price: $34.95
edition:Hardcover
also available: Paperback
published: Jan 1996
ISBN:9781550284973
imprint: Lorimer

Unnecessary Debts

8 leading economists explain why cutbacks are not the answer to Canada's debt and deficit problem

edited by Lars Osberg & Pierre Fortin

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economic development
0 of 5
0 ratings
rated!
rated!
list price: $34.95
edition:Hardcover
also available: Paperback
published: Jan 1996
ISBN:9781550284973
imprint: Lorimer
Description

Many leading economists profoundly disagree about the need for deep government cutbacks to lower Canda's debt and deficit problem. In this book, authoritative figures like Nobel prize- winning economist James Tobin and Canadian Economics Association president Pierre Fortin argue that cutbacks are not the answer to Canada's debt problem.

The main cause of our current debt and deficit dilemma, as these authors show, is misguided policy - particularly the Bank of Canada's drive to achieve zero inflation and its insistence on imposing high short-term interest rates on the Canadian economy.

Unnecessary Debts offers a penetrating analysis of Canada's economic malaise as well as a humane alternative to the path we are now following.

About the Authors

Lars Osberg

LARS OSBERG is an economist at Dalhousie University in Halifax with a special interest in the labour market and economic policy.
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Pierre Fortin

PIERRE FORTIN is a professor of economics at the University of Quebec.
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