Papers on "Canada and Keynesian Economics" and similar term paper topics
Paper #090680 ::
Canada and Keynesian Economics
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A look at why Canadians lost faith in Keynesian economics in the 1970s.
Written in 2006; 900 words; 2 sources;
$ 35.95
Paper Summary:
During the 1970s people in Canada (and elsewhere) lost faith in Keynesian economics, laying the groundwork for the decline of the Keynesian welfare state, and the rise of neo-liberalism. Neoliberalism favoured the unfettered economic power of private property, and the rise of neo-liberalism signaled the beginning of the globalization of the world economy. This change was therefore a dramatic and important shift, which continues to impact our world profoundly today. This essay examines the reasons for the loss of faith in Keynesian economics in the 1970s in Canada.
Tags:
keynes canada 1970s
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