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Economy

Publications

By and / 2.22.2017

Apple’s introduction of the iPhone in 2007 initiated a profound and transformative new economic innovation. While central bankers and national leaders struggled with a deep financial crisis and stagnation, the fervent demand for iPhones, and the wave of smartphones that followed, was a rare force for growth. Today, use of mobile data is rising at […]

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 / 11.16.2016

Japan has the potential to play a key role in the next global economic boom, which will be based around the application of new mobile networks to physical industries such as manufacturing and transportation to boost consumer welfare, and increase productivity, real wages and job growth. Indeed, Prime Minister Shinzo Abe’s emphasis on structural reform […]

Press

By and / 9.7.2016

Anti-trade populists are hell-bent on locking Democrats into a future of rigid opposition to trade deals like the Trans-Pacific Partnership. They recently failed in efforts to include a plank in the Democratic Party Platform that would have committed Democrats to the decidedly undemocratic principle of never, ever agreeing even to bring TPP to a vote—either […]

By / 8.11.2016

Donald Trump’s travesty of a presidential campaign is forcing Republicans to ask themselves some hard questions: Does party loyalty outweigh the risks of putting a self-infatuated political ignoramus in the White House? Do they hate Hillary Clinton more than they love their country? No doubt Democrats are enjoying the GOP’s agonizing moment of truth, but […]

By / 8.1.2016

After the Republican fear-fest in Cleveland, watching the Democrats in Philadelphia last week was like stepping out of the Dark Ages into the Enlightenment. Donald Trump may have no use for facts, civility or rational argument, but these things still seem to matter to Democrats. There was, however, a big exception to the rule: trade. […]

Blog

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 […]