Study
| EST. READ TIME 1 MIN.Anatomy of a Crisis: Canadian Housing Policy in the Seventies
In this book, the third in the Fraser Institute Housing Series, Professor L.B. Smith considers the content and objectives of Federal housing policies from 1935 to the present. His conclusions that 1) housing policy is more and more being used as a vehicle for redistributing income in Canada and 2) that this policy is at the same time destroying the private sector's incentive and ability to supply housing, make this book required reading for everybody concerned with housing in Canada today.
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Lawrence Smith
Lawrence Berk Smith was born in Toronto, Ontario in 1939. After receiving his B.Com. at the University of Toronto in1962, he went to Harvard University, where he obtained his Ph.D. in Economics in 1966. Professor Smith has held teaching positions at both Harvard University and the University of Toronto, where he has been a member of the Department of Political Economy since 1966. He is currently a Professor of Economics and Associate Chairman of the Department of Political Economy. In the academic year 1973-74, he was a Visiting Scholar in the Graduate School of Management, University of California at Los Angeles.Professor Smith is widely-known and respected as one of Canada's leading specialists in housing and land economics. He is the author of two books on housing, his more recent being The Postwar Canadian Housing and Residential Mortgage Markets and the Role of Government (University of Toronto Press, 1974), and is co-editor, with L.H. Officer, of two books on Canadian economics, the more recent being Issues in Canadian Economics (McGraw-Hill Ryerson, 1974). His research monographs have been published by both the Bank of Canada and Central Mortgage and Housing Corporation. Professor Smith has also ~ contributed widely to scholarly journals, including articles in the American Economic Review, The Quarterly Journal of Economics, The Journal of Political Economy, The Canadian Journal of Economics, The Journal of Finance, Land Economics, The Journal of Money, Credit and Banking, and The Journal of Monetary Economics. He has delivered papers on a variety of aspects of urban economics to such diverse groups as the American Real Estate and Urban Economics Association, the American Finance Association, the Canadian Economics Association and the Canadian Tax Foundation.Professor Smith is a member of the Editorial Advisory Board of the Fraser Institute.… Read more