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Canada and Keynesian Economics
Essay # 90680
Canada and Keynesian Economics
A look at why Canadians lost faith in Keynesian economics in the 1970s.
900 words (approx. 3.6 pages) |
2 sources |
2006
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.More papers on Canada and Keynesian Economics :
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APA Citation:
Canada and Keynesian Economics (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Essay-Canada-and-Keynesian-Economics/90680
MLA Citation:
"Canada and Keynesian Economics " 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Essay-Canada-and-Keynesian-Economics/90680>
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