1977
DOI: 10.3138/jcs.12.5.6
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Innis: The Alchemy of Fur and Wheat

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Cited by 10 publications
(3 citation statements)
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“…Demand was subject to abrupt shifts due to the whims of fashion such as the desire for beaver hats, which, in turn, caused major fluctuations in prices. Though the variation in the supply and the price paid for furs is not clearly understood (Rich, 1960, p. 23; Rotstein, 1977; Ray and Freeman, 1978), it is thought that fluctuation was at least in part due to political and environmental issues in addition to the demand issues.…”
Section: The Chronological Development Of Manufacturing In Canadamentioning
confidence: 99%
“…Demand was subject to abrupt shifts due to the whims of fashion such as the desire for beaver hats, which, in turn, caused major fluctuations in prices. Though the variation in the supply and the price paid for furs is not clearly understood (Rich, 1960, p. 23; Rotstein, 1977; Ray and Freeman, 1978), it is thought that fluctuation was at least in part due to political and environmental issues in addition to the demand issues.…”
Section: The Chronological Development Of Manufacturing In Canadamentioning
confidence: 99%
“…Market exchanges also vary considerably. In the perfectly competitive, ‘ideal’ or ‘open’ market model of neoclassical economic theory, arm's‐length (independent) competition within and between a (large) ‘supply crowd’ and ‘demand crowd’ creates a fair price that balances demand and supply (Rotstein 1977, 9). On the other hand, the exchanges or flows of goods and services within private sector firms do not conform to true or open markets as they are neither voluntary nor arm's length, demand and supply crowds are absent, and property rights remain controlled by the same legally defined entities, the parent corporations.…”
Section: Markets Transaction Costs and Embeddednessmentioning
confidence: 99%
“…From its colonial origins, resource or staple exports have defined Canada's global trading role and have exercised a significant influence over Canada's institutions and internal structures (Clement, 1989;Innis, 1967;Mackintosh, 1967;Rotstein, 1977;Watkins, 1963). After Confederation, Canadian economic policy emphasized exploiting natural resources for export, principally by subsidizing infrastructure, establishing a low resource-rent regime, and facilitating entry by foreign capital (Aitken, 1961).…”
Section: Canada's Resource Trade: Towards Continentalismmentioning
confidence: 99%