Grand Illusions: The Politics of the Keynesian Experience in Canada, 1945-1975

aggregate demand analysis and policy anti-inflationary argued balanced budget Bank of Canada budgetary business investment Canadian dollar Canadian economy Canadian Keynesianism capital capital cost allowance capitalist Conservatives consumer consumption controls corporate countercyclical Debates declined deficit Depression Diefenbaker disposable income economic circumstances economic conditions economic development economic management economic policy economic stability expansionary expenditures exports extended federal government Finance Minister fiscal policy government spending government's Granatstein high levels House of Commons Ibid increased industry inflation inflationary pressures initiated J.L. Granatstein Keynes Keynesian approach Keynesian design Keynesian measures Keynesian policy Korean War labour levels of employment liberal democratic McClelland and Stewart ment million monetary policy nomic non-Keynesian Ottawa planning political post-war period private investment problems production programme proposed result revenue role rose sector social security Statistics Canada tax cut technical tion Toronto Press trade transfers unem unemployment University of Toronto wartime White Paper