The Knowledge Economy

Publications

By / 3.29.2017

It is March 2017. Square, the small business payments startup founded in 2009, is hiring for its customer support operation in St. Louis. Fintech startup Greensky, founded in 2006, is expanding in Atlanta. Seattle-based Zulily, the ecommerce startup founded in 2009 and bought by QVC in 2015, is hiring for its fulfillment center in Bethlehem, […]

By / 3.28.2017

It is amazing how many of our nation’s biggest challenges can be addressed by a simple formula: faster growth more broadly shared. From infrastructure to healthcare, education to national security, crime to creativity, a bigger pie and a wider winner’s circle go far towards solving them. A simple comparison of potential growth rates tells the […]

By / 3.28.2017

WASHINGTON—The Technology CEO Council (TCC) today released a new economic analysis, co-researched and written by PPI Chief Economic Strategist Michael Mandel that shows a coming U.S. productivity boom enabled by the diffusion of information technology (IT) into the physical industries, including manufacturing, agriculture, healthcare, transportation, and energy. Far from a jobless future, Mandel’s co-analysis predicts […]

Press

Good news: The robots may not destroy us after all. A few weeks ago, I wrote a column that outlined the worries of big thinkers such as Stephen Hawking and Andrew Yang who are predicting a wave of job destruction caused by automation, robots and artificial intelligence. Michael Mandel begs to differ. Mandel is chief […]

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 / 3.30.2017

PPI Chief Economic Strategist Michael Mandel was quoted in USA TODAY regarding his recent report, “How the Startup Economy is Spreading Across the Country” on start-ups and entrepreneurial growth across the country: “I was surprised by cities in the Midwest that made the list,” says Michael Mandel of PPI, who conducted the study. E-commerce contributed […]

Blog

By / 5.18.2017

The FCC, under Chairman Ajit Pai,  voted today to start the process of eliminating Title II rules on ISPs. We applaud his move. As we have said before, the Internet was thriving under the light-touch regulatory regime that preceded Title II. Indeed, government data shows that the telecom industry was one of the top contributors to US […]

By / 5.12.2017

This post updates our March 2017 paper on ecommerce jobs, based on the latest data from the Bureau of Labor Statistics  (we also call this sector “advanced distribution”) . Here’s what we find: Since the last business cycle peak, December 2007, the number of ecommerce jobs is up by 397,000. These gains are being driven […]

By / 5.9.2017

One of the bright spots for the Illinois labor market in recent years has been the App Economy. By the estimate in our just-released report, Illinois had 72,000 App Economy jobs as of December 2016, ranked number 6 in the country, just behind Massachusetts.  These jobs have all been created since 2007, when Apple introduced the […]