Eight leading economists discuss the recent history of monetary policy and its effects on the economy. Rejecting the Bank's high-interest, hard-money approach, this revised edition explains the benefits of a more moderate strategy. Contents:1 A Brief History of Government Borrowing in Canada2 The Canadian Fiscal Problem3 Four Decades of Deficits and Debt4 Recent Canadian Monetary Policy5 The Debt and Canada's Social Programs6 Some Myths about Monetary Policy7 Social Policy, Macro Policy and the Debt8 Business Cycles and Economic Growth9 Credibility Mountain | Hard Money Hard Times by Lars Osberg, Hardcover | Indigo Chapters