Publications / Economy

Publications

Policy Memo

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, […]

Policy Memo

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 […]

Political Memo

By / 3.21.2017

While much of the debate over the first few months of the Trump Presidency has focused on immigration, cabinet nominations, and Russian interference in the U.S. election, the push toward corporate tax reform may be building momentum. With a growing number of President Trump’s inner circle embracing Speaker Paul Ryan’s proposed Border Adjusted Destination-Based Cash […]

Policy Memo

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 […]

Policy Brief

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 […]

Policy Brief

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 […]

Policy Brief

By and / 11.16.2016

The introduction of Apple’s iPhone in 2007 initiated a profound and transformative new economic innovation. Today, less than a decade later, there are 4 billion smartphone subscriptions globally, an unprecedented rate of adoption for a new technology. Mobile data usage is rising at 55% per year, a stunning number that shows its revolutionary impact. More […]

Policy Memo

By / 10.31.2016

Opponents of trade and trade agreements like the Trans-Pacific Partnership (TPP) often frame the trade debate as a battle between “the elites” and average Americans, especially American workers. Trade skeptics charge that America’s pursuit of rules-based, open trade is essentially an exercise that’s by and for big multinationals and the Wall Street one percent, while […]

Policy Brief

By and / 10.13.2016

All around the world we are seeing the rise of the App Economy— jobs, companies, and economic growth created by the production and distribution of mobile applications (“apps”) that run on smartphones. Since the introduction of the iPhone in 2007, the App Economy has grown from nothing to a powerful economic force that rivals existing industries.1 In this paper we […]

Policy Report

By and / 10.11.2016

It’s become conventional wisdom that corporate America has fallen victim to myopia and short-termism. Companies are spending billions buying back stock that could have gone to innovation and investment. Corporate executives have compensation packages tied to stock prices, which focuses their attention on quarterly earnings rather than long-term growth. Investors want immediate results, rather than […]