Canadian Economic History: Classic and Contemporary by Mel Watkins, John Webster Grant

By Mel Watkins, John Webster Grant

Modern methodologies contain the "cliometric" form of ancient research, econometrics, labour and nearby learn, and the altering parameters of presidency spending and public finance. The juxtaposition of vintage theoretical statements with works via "outsiders" resembling G.S. Kealey, B.D. Palmer, R.T. Naylor, R.E Ommer, between others, makes this a fantastic but cutting edge checklist of the development in economics during the last 40 years. Canadian monetary background is still a vital lecture room textual content.

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The process of adaptation is extremely painful in any case but the maintenance of cultural traits to which they have been accustomed is of primary importance. A sudden change of cultural traits can be made only with great difficulty and with the disappearance of many of the peoples concerned. Depreciation of the social heritage is serious. The methods by which the cultural traits of a migrant civilization may persist with the least possible depreciation involve an appreciable dependence on the peoples of the homeland.

The staple approach became a unifying theme of diffuse application rather than an analytic tool fashioned for specific uses. C. T. J. Aitken has remained satisfied with the approach. H. Watkins "A Staple Theory of Economic Growth," Canadian Journal of Economics and Political Science (1963) 29: 141-158. Reprinted by permission of the publisher. Financial assistance for the summer of 1961 is gratefully acknowledged from the Ford Foundation. H. T. I. McDonald, A. G. P. Kindleberger of the Massachusetts Institute of Technology.

North. , 1961). A. , 1954). For a collection of Innis's writings in the Canadian field, see Essays in Canadian Economic History (Toronto, 1957). For a complete bibliography of his writings, see J. A. Innis" Canadian Journal of Economics and Political Science [CJEPS] (1953) 19:236-44. A. Mackintosh is sometimes given credit as a co-founder of the staple theory; see his "Economic Factors in Canadian History," Canadian Historical Review (1923) 4:12-25; and "Some Aspects of a Pioneer Economy," CJEPS (1936) 2:457-63.

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