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Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth

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September 2, 2015
Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth

Economic growth from technological innovation tends to spring up in unpredictable places, creating winners and losers, states a new report from the C.D. Howe Institute. In “Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth,” author Peter Howitt finds that rather than focusing on supporting specific industries, governments should encourage and harness economic growth through a process of “creative destruction.”

Author(s):

Peter Howitt, Lyn Crost Professor of Social Sciences, Brown University
Peter Howitt

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© 2014 C.D. Howe Institute. All Rights Reserved.

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© 2014 C.D. Howe Institute. All Rights Reserved.