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 / 6.23.2017

Michael Mandel, chief economic strategist at the Progressive Policy Institute, joined Alphachat to talk about his report, “The Coming Productivity Boom”, co-authored by Bret Swanson of Entropy Economics. Mandel argues that the decades-long productivity stagnation will end once companies in the “physical” industries — transportation, construction, manufacturing, healthcare, wholesale and retail trade — start investing […]

By / 6.18.2017

On June 7,  Axios  journalist Chris Matthews wrote a piece “Big Companies, Fewer Workers”  that said: The five most valuable companies in the U.S. are all technology firms that employ far fewer workers than their industrial predecessors. He echoes a common complaint. But is it really true? I decided to  compare employment at today’s most valuable […]

By / 6.1.2017

Innovation is the foundation of growth. As innovation spreads to the physical industries, the result is higher wages, lower costs, and a more dynamic economy, as we showed in our recent report, The Coming Productivity Boom. But innovation in physical industries  has proceeded slower than we might have wanted, In part, that’s because promising technologies […]