People / Staff

Michael Mandel

Dr. Michael Mandel is chief economic strategist at the Progressive Policy Institute in Washington, where he supervises PPI’s research and policy work across a wide range of topics, including the data-driven economy, the impact of regulation on innovation, and policies to improve production, investment and job growth in the United States and globally. Mandel was co-principal investigator for a Sloan Foundation grant on “Measuring the Impact of Globalization.” Mandel has testified before Congress on impact of regulation on innovation.

Mandel also holds an appointment as senior fellow at Wharton’s Mack Institute for Innovation Management at the University of Pennsylvania, and serves as president and founder of South Mountain Economics LLC, which provides expertise on emerging occupations and emerging industries.  South Mountain Economics is best known for its research reports on the App Economy, which have been cited in a recent White House report, and publications such as the New York Times, Bloomberg, Boston Globe, the Financial Times, the Atlantic, Time, and Forbes.

Mandel received a Ph.D. in economics from Harvard University and formerly served as chief economist at BusinessWeek, where he directed the magazine’s coverage of the domestic and global economies. While at BusinessWeek, Michael was named one of the top 100 business journalists of the 20th century for his writings on innovation and growth. He received multiple awards for his work, including the Gerald Loeb Award for Business and Financial Journalism.  He is the author of four books including Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think. He is currently revising the third edition of his introductory economics textbook, Economics:The Basics.

Writings

Blog

By / 9.29.2016

The FCC chose to ‘delete‘ (their word) discussion of its “set-top box rule” from today’s meeting. As we wrote two weeks ago, the FCC’s proposed rule appeared to put the commission in the position of rewriting copyright law and setting up a licensing board for apps.  The licensing board for apps is particularly disturbing, because it represents an entirely […]

Blog

By / 9.13.2016

Does the Federal Communications Commission (FCC) have the authority to rewrite copyright law and license apps? This Thursday the Senate Commerce Committee will hold an oversight hearing for the FCC, giving the committee members the opportunity to ask FCC Chairman Tom Wheeler this very relevant question. Wheeler has proposed a plan by which payTV operators […]

Publications

By and / 8.25.2016

All around the world we are seeing the rise of the App Economy—jobs, companies, and economic growth created by the production and distribution of mobile applications (“apps”) that run on smartphones. Since the introduction of the iPhone in 2007, the App Economy has grown from nothing to a powerful economic force that rivals existing industries. […]

Blog

By / 8.24.2016

Which countries should have the right to tax the profits of US-based multinationals that operate globally? A year ago we pointed out that this seemingly arcane question had the potential to become a major point of conflict between the US and the EU. Back then we warned of the potential for an “enormous job-and-revenue grab […]

Blog

By / 8.11.2016

As we’ve repeatedly said, innovation creates jobs, not destroys them. But we’ve also recently pointed out that government has been lagging private sector spending on R&D, and that’s one reason why productivity growth and job creation has been weak. Moreover, PPI’s Will Marshall recently wrote that the Democrats have to resolve their economic identity crisis. So […]

Blog

By / 8.9.2016

PPI was among the first organizations to highlight the business investment drought, starting in 2010 and 2011, way before it became commonly accepted  (see here and here). And our “Investment Heroes” annual ranking was started in 2012 precisely to contrast the companies that were investing heavily in the United States with the many others that chose to pare back. […]

Blog

By / 8.8.2016

Yes, the productivity slump has hit the iron and steel mill industry as well. Robert Samuelson wrote a long piece in the WaPo about productivity growth in the steel industry, arguing that “…[p]roductivity (a.k.a., efficiency) has increased dramatically.” His main source was a very careful academic study by Allan Collard-Wexler of Duke University and Jan De Loecker of Princeton University. […]

Blog

By / 8.2.2016

The ‘wedge’ between productivity growth and average real compensation growth has shrunk to the lowest level in at least fifteen years.* That’s because productivity growth is slowing, not because real compensation growth is accelerating significantly. The top line is the ten-year growth rate of nonfarm business productivity, based on data reported by the Bureau of […]

Blog

By / 7.28.2016

The division between the trade skeptics and the trade supporters in the Democratic Party is on stark display at this week’s convention in Philadelphia. The Progressive Policy Institute favors smart, high-standard  trade agreements, as PPI president Will Marshall  and senior fellow Ed Gerwin recently wrote. Yet both trade skeptics and supporters can agree on one critical point: The government […]

Blog

By / 7.6.2016

One of the important themes of this year’s presidential campaign is the need for economic growth to move beyond the tech hubs and coastal urban areas that have prospered in recent years.  To some degree, this is already happening. Our latest analysis shows that the top 10 App Economy states include Illinois (4) and Michigan […]