Wages, Prices, Profits, and Economic Policy: Proceedings of a Conference held by the Centre for Industrial Relations, University of Toronto, 1967 (Heritage)

The essays included in this book are the proceedings of a conference held by the Centre for Industrial Relations at the University of Toronto, 1967. They have been divided into five sections: "Wage-Price-Profit Relations in Canada—The Problem in Perspective," "A Diagnosis of the Problem," "Foreign Experience," "The Government and Wage-Price-Profit Relations," and "A Policy for Canada." The essays included are by such eminent contributors as Dr. John Deutsch, Professor G.L. Reuber, Mr. David McQueen, Dr. Arthur M. Ross, and The Honourable Mitchell Sharp. Foreword 5 Contents 7 Introduction 9 Wage-Price-Profit Relations in Canada: The Problem in Perspective 11 A DIAGNOSIS OF THE PROBLEM 24 Introduction 24 Stable Prices, High Employment, and Economic Growth: Must Canada Choose? 25 Reconciling Canada's Economic Goals 47 FOREIGN EXPERIENCE 61 Foreign Experience with Incomes Policies 61 Some Issues in the Incomes Policy Debate 74 Discussion 88 Session Summary 105 THE GOVERNMENT AND WAGE-PRICE-PROFIT RELATIONS 108 Introduction 108 The Government of Canada Looks at Wage-Price-Profit Relations 109 A POLICY FOR CANADA 122 Introduction 122 A Policy for Canada 123 Discussion 135 Conference Summary 155 Contributors 157