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Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth
Summary:
| Citation | Peter Howitt. 2015. "Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth." ###. Toronto: C.D. Howe Institute. |
| Page Title: | Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth – C.D. Howe Institute |
| Article Title: | Mushrooms and Yeast: The Implications of Technological Progress for Canada’s Economic Growth |
| URL: | https://cdhowe.org/publication/mushrooms-and-yeast-implications-technological-progress-canadas-economic/ |
| Published Date: | September 2, 2015 |
| Accessed Date: | January 30, 2026 |
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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.”
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