Money, Inflation and the Bank of Canada

Professor Courchene has provided another valuable contribution in his ongoing critique of the role of monetary policy in Canada and one can only wish him a long and productive life in which to keep up the good work. We now have a comprehensive and sophisticated analysis of the accomplishments and vagaries of Canadian policy for the last quarter century, extending both through his own paper, 'Recent Canadian Monetary Policy' (Courchene, 1971) covering much of the sixties and the earlier book of Paul Wonnacott, The Canadian Dollar, 1948-1962 (Wonnacott, 1965). Courchene's current book is a more elaborate piece of work than his earlier article, reflecting for one part, his own professional growth and, for the other, a loftier ambition to provide a theoretically consistent framework for the events examined. Perhaps he falls short of his full goal but the results are scarcely less impressive for that

Economics · Keynesian economics · Liberian dollar · Monetary policy · Sociology · Wish · Canadian Policy and Governance · Economic Theory and Policy · Engineering · Global Financial Crisis and Policies · History · Finance

• Monetarism and Income Controls

  William Scarth, William M Scarth•Canadian Public Policy•1977

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