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Unnecessary Debts

Unnecessary Debts

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

Edited by Osberg, Lars and Fortin, Pierre

$34.95 Hardback
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$34.95 Ebook
EPUB Not available

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This book is a forceful entry into the debate over deficit and debt reduction that dominated Canadian politics in the 1990s.
The book argues against the Bank of Canada's contemporary effort to achieve zero inflation through a policy of high short-term interest rates, through which it hoped to put more money in the hands of indebted consumers and thereby generate jobs and tax revenues. The authors maintained that the cost of government cutbacks was too high to be sustained, and that alternative approaches existed to cut deficits--approaches they outline in this volume.
Unnecessary Debts offers a penetrating analysis of the malaise that affected the Canadian economy in the 1990s, and suggests humane alternatives to relentless government cutbacks.

"This is a wonderful resource book for anyone trying to understand the nature of our debt and deficit problems. It presents a realistic and just alternative to the slash-and-burn policies that currently dominate public life."

- Linda McQuaig

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Publication Details:

Binding: Hardback, 200 pages
Publication Date: 1st January 1996
ISBN: 9781550284973
Format: 9in x 6in

Binding: Electronic book text
Publication Date: 1st February 2008
ISBN: 9781552772591
Format: EPUB

BIC Code: KCM
BISAC Code:  BUS068000
Imprint: Lorimer


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