The Price of a Promise
Since money always enables a claim on real resources, it provides power in the real world. How it does so, however, is a complicated story mediated by legal and political institutions.
Jacob Lokash is a JD Candidate at the University of Toronto Faculty of Law. He is the Senior Associate Editor of the UofT Faculty of Law Review.
Since money always enables a claim on real resources, it provides power in the real world. How it does so, however, is a complicated story mediated by legal and political institutions.

Market concentration in key sectors, including groceries, transportation, and commodity production renders Canada particularly vulnerable to the threat of sellers’ inflation. As a result, Canada should seize the opportunity before the next major supply shock to implement a Weber-inspired policy playbook.


