The Knowledge Economy

Publications

By / 5.15.2018

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, there are five billion mobile […]

By and / 4.24.2018

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, there are five billion mobile […]

By and / 3.13.2018

In October 2017, Governor Jerry Brown of California signed a “drug price transparency bill,” requiring pharma and biotech companies to give advance notification of significant price increases and provide specific justifications. Brown hailed the bill as a big step toward holding down spending on health care. “Californians have a right to know why their medical […]

Press

By / 1.4.2018

Report uses Upstate New York as case study for potential economic boon from ‘Internet of Goods’ WASHINGTON —The Progressive Policy Institute (PPI) today released a new report by Chief Economic Strategist Michael Mandel highlighting how the next wave of digitally-driven manufacturing – an essential part of what he calls the “Internet of Goods” – has […]

By / 7.20.2017

Tap Tapley, the legendary Outward Bound instructor, is said to have described the crux of the experiential outdoor experiential learning school’s approach as “inducing anxiety and then releasing it in a constructive manner.” And for a half century, Outward Bound courses have done just that – putting students in challenging and uncomfortable situations with real […]

By / 7.3.2017

WASHINGTON—The Progressive Policy Institute (PPI) today released a new report, “The Rise of the Australian App Economy,” which estimates 113,000 workers are employed in the Australian App Economy, a growth of at least 11 percent since 2014. It also calculates app Intensity — the number of App Economy jobs in a country as a percentage of […]

Blog

By / 5.8.2018

In 2017 the tech/telecom sector continued to outperform the rest of the economy, on all relevant measures: Output, productivity, hours, and prices. I analyzed the BEA’s initial release of  industry GDP data for 2017, and combined it with BLS hours data.  For the tech/telecom sector, I used computer and electronic products manufacturing; warehousing and storage (ecommerce fulfillment […]

By / 4.23.2018

Summary: The new “median employee pay” statistics tell us very little about pay. However, they do illuminate the future of economic statistics. The median center of the United States population, as calculated by the Census Bureau, is Pike County, Indiana, in the rural southwest corner of the state. A visit with a resident of Pike […]

By / 4.3.2018

Ecommerce has been a major job creator for less-educated workers, at a time when many of their traditional positions have been disappearing. Between 2007 and 2017, overall US employment of workers with at least a high school diploma and less than a bachelor’s degree dropped by almost 1 million jobs. That’s according to our tabulation […]