January 6, 2025
| In the News
Michael Peters quoted in Financial Times: "Is creative destruction on the decline?"
EGC affiliate Michael Peters is cited in a Financial Times op-ed examining if policymakers can raise growth by targeting economic agility.
Financial Times
January 6, 2025
... “[Creative destruction] is hard to measure directly,” says Michael Peters, an associate professor of economics at Yale University. “But, in America, if you look at entry rates, exit rates or the frequency of job-to-job transitions — which are proxies for business dynamism — they have been falling in the last decade.”