Updates / The Knowledge Economy

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By / 4.7.2017

There is a huge debate about whether automation leads to an aggregate loss of jobs. On the one side are those who believe that robots are about to unleash a massive wave of job destruction, rendering most of us superfluous. On the other side are those who are skeptical about the value of new technologies, and believe […]

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 / 3.10.2017

In our new paper, we develop a methodology for tracking ecommerce jobs and pay. Applying that methodology to today’s jobs report, we find that the ecommerce sector has added 97,000 jobs over the past year. This figure includes fulfillment centers. Surprisingly, general retail–which includes the retailers competing most directly with ecommerce–has added 27,000 jobs over […]

By / 2.7.2017

One of the biggest puzzles in democratic societies across the world these days is what to do about regulation. On the one hand, regulation is important for a well-functioning society. On the other hand, too much regulation can hamper innovation and growth. Moreover, there’s a feeling that democratic governance has broken down. We don’t seem […]

By / 1.16.2017

Ecommerce jobs  for  production and nonsupervisory workers are paid on average about 25% more than production and nonsupervisory jobs for the private sector as a whole.  That’s according to BLS data. Economic theory suggests that industries with faster productivity growth should have faster real wage growth. That’s exactly what we see in the case of the […]

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 / 1.12.2017

Amazon just announced that it would add more than 100,000 fulltime jobs in the US over the next 18 months.  That’s fantastic. But even before that announcement, it turns out that Amazon was the fastest US company to reach 300,000 jobs. That’s based on a new paper we are releasing today, called “A Historical Perspective […]

By / 12.6.2016

En los Estados Unidos hemos estado, con mucha razón, obsesionados con el resultado de las elecciones presidenciales. Pero el mundo sigue girando. Por ejemplo, la semana pasada Colombia ratificó un tratado de paz histórico entre el gobierno y el movimiento rebelde. PPI tuvo el privilegio de estar en Bogotá este octubre, donde realizamos un evento sobre la Economía […]

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 […]