The Knowledge 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

BRUSSELS—According to research by the Progressive Policy Institute (PPI), the Android mobile operating system has helped create 1.2 million App Economy jobs in Europe. The figure comes from a PPI policy memo, “The App Economy in Europe: Leading Countries and Cities,” which covers the 28 EU countries plus Norway and Switzerland. Android-related App Economy jobs are found […]

Dr. Michael Mandel, PPI’s chief economic strategist, is quoted in David Rotman’s piece about the advances in technology and economic slowdown.  Michael Mandel, an economist at the Progressive Policy Institute in Washington, D.C., says the productivity slowdown is occurring in what he calls the physical industries, including manufacturing and health care. Such industries, which he […]

Motherboard’s Nicholas Deleon wrote an article about the rise of the App Economy, in which he cited a PPI report. Apple even claims that 1.9 million jobs have been created in the US in large part to the App Store. (The Progressive Policy Institute, a liberal think tank, suggests similar numbers.)” Read the article in […]

Blog

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 / 1.12.2017

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 […]