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By / 4.4.2017

Think back to the first half of the 20th century, when superstar companies of the likes of Ford, General Motors, General Electric, DuPont and Bethlehem Steel literally grew from nothing to employ hundreds of thousands of workers. These innovative market leaders, notably feted by business historians such as Alfred Chandler, pioneered new products and production […]

By / 3.31.2017

Just over a year ago, PPI unveiled a big ideas blueprint with a prescient subtitle: Unleashing Innovation and Growth: A Progressive Alternative to Populism. We knew that progressives in the United States and Europe needed better answers to the economic and cultural grievances that have fueled the rise of a retrograde populism and nationalism around […]

By / 1.13.2017

WASHINGTON— The Progressive Policy Institute (PPI) today released a new study, “A Historical Perspective on Tech Jobs,” authored by PPI Chief Economic Strategist Michael Mandel comparing job creation performance among tech companies in the United States to employment leaders of the past. The study finds that today’s big tech companies are following a similar or better employment trajectory […]

By / 12.6.2016

We in the US have been understandably obsessed with the outcome of the presidential election. But the rest of the world keeps moving forward. For example, last week Colombia ratified a historic peace treaty between the government and the rebel movement. PPI was privileged to be in Bogota just this October, where we held a […]

By / 11.30.2016

Everyone has seen this chart, or something similar, recently. It tracks the production of the manufacturing sector over the past twenty years. Looks pretty good, doesn’t it? Since 1996 manufacturing industrial production has risen almost 40%, despite intense global competition.   But now let’s add another line to the chart–this time, manufacturing industrial production after we […]

By / 11.28.2016

In a post-election  post we showed how American workers are being failed by the physical industries, which had dramatically underperformed the digital industries across a wide range of metrics, including productivity, compensation, and job growth.  This sharp and growing economic gap between the Digital Nation and the Physical Nation had profound political consequences, since the Physical Nation […]

By / 11.13.2016

Here are some bullet points on the economics of the election: America is divided between the Digital Nation and the Physical Nation. The Digital Nation includes tech, entertainment, publishing, telecom, finance, and professional services such as management consulting, accounting, computer programming, design. The Physical Nation includes manufacturing, mining, construction, retail, transportation, health care, and the […]

By / 11.1.2016

Google’s decision to pause its roll-out of Google Fiber to new cities is an important data point in our understanding of both the economics of telecom and the economics of innovation. The announcement said that: In terms of our existing footprint, in the cities where we’ve launched or are under construction, our work will continue. […]

By / 10.12.2016

Suppose you were counselling your college-age child about what fields to consider. Where would you tell them to start? The short answer: Tech and health. Just look at the numbers: Since 2007, when the current tech boom started, employment in computer and mathematical occupations–including software developers and network administrators–has grown by more than 900,000 jobs. Employment in […]

By / 10.6.2016

I’d like to draw your attention to this extraordinary essay by President Obama in The Economist. It stands out for two reasons. First, it provides what has been sorely missing from the bizarre 2016 presidential race – a progressive roadmap for restoring America’s economic dynamism. Second, President Obama’s approach to reversing nearly two decades of slow economic […]