Philip Cross: We revived a moribund economy before. We can do it again
After more than a decade of dismal GDP and productivity growth it’s easy to despair about Canada’s capacity to revive its economy.
The good news is that our 10-year slump is largely due to policy, and policy can be reversed.
We can stop emphasizing redistribution over income growth, consumption over investment, labour over capital, and regulation over market forces.
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