People / Staff

Michael Mandel

Dr. Michael Mandel is chief economic strategist at the Progressive Policy Institute in Washington, where he supervises PPI’s research and policy work across a wide range of topics, including the data-driven economy, the impact of regulation on innovation, and policies to improve production, investment and job growth in the United States and globally. Mandel was co-principal investigator for a Sloan Foundation grant on “Measuring the Impact of Globalization.” Mandel has testified before Congress on impact of regulation on innovation.

Mandel also holds an appointment as senior fellow at Wharton’s Mack Institute for Innovation Management at the University of Pennsylvania, and serves as president and founder of South Mountain Economics LLC, which provides expertise on emerging occupations and emerging industries.  South Mountain Economics is best known for its research reports on the App Economy, which have been cited in a recent White House report, and publications such as the New York Times, Bloomberg, Boston Globe, the Financial Times, the Atlantic, Time, and Forbes.

Mandel received a Ph.D. in economics from Harvard University and formerly served as chief economist at BusinessWeek, where he directed the magazine’s coverage of the domestic and global economies. While at BusinessWeek, Michael was named one of the top 100 business journalists of the 20th century for his writings on innovation and growth. He received multiple awards for his work, including the Gerald Loeb Award for Business and Financial Journalism.  He is the author of four books including Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think. He is currently revising the third edition of his introductory economics textbook, Economics:The Basics.

Writings

Blog

By / 9.11.2018

I’ve consistently argued that the ecommerce job boom has 5 or more years to run before employment peaks. Moreover, as ecommerce gets more automated, it will open up new possibilities for distributed manufacturing and the Internet of Goods. However, a new story from the Washington Post highlights an ecommerce fulfillment center in China where hundreds […]

Blog

By / 9.10.2018

Last week, the New York Times produced a visually stunning story about shuttered storefronts in NYC. The story’s premise, told in pictures, was a simple one: New York City’s streetscape has been transformed — visually and economically — by the staggering numbers of vacant storefronts now dotting its most popular retail corridors. We’ve all seen the […]

Blog

By / 9.7.2018

The ecommerce revolution is driving an employment and wage boom in the warehousing industry. Over the past 3 years, the number of production and nonsupervisory workers in general warehousing has gone from 642K to 810K, propelled by the rapid expansion of ecommerce fulfillment centers around the country. Our earlier research showed that ecommerce fulfillment centers […]

Blog

By / 8.23.2018

The FTC recently asked for comments on “Competition and Consumer Protection in the 21st Century.” PPI submitted  two excerpts from a forthcoming paper, “Taking Competition Policy Seriously: Macro Indicators for Regulators.”  Here is a summary of the first excerpt, the introduction: Recent work has linked increased concentration to poor macroeconomic outcomes. In this spirit, this […]

Blog

By / 8.13.2018

Summary: Based on new “digital economy” data from a recent BEA working paper, we calculate that the labor share of the digital sector has risen since 2007, while gross margin of the digital sector has fallen over the same period. This result is consistent with strong competition in the digital product and labor markets (see […]

Publications

By / 8.7.2018

It is relatively easy to digitize a song or a bank account. Yet fully digitizing physical industries such as manufacturing and agriculture has proven much more challenging. Manufacturers have taken the first step towards digitization by putting sensors into existing products such as turbines and tractors and using the resulting data to improve performance. The […]

Blog

By / 8.4.2018

What is the future of the Michigan economy? Struggling with a severe hemorrhaging of manufacturing jobs since 2000, the state has welcomed Amazon’s investment in ecommerce fulfillment centers. These centers are expected to add around 5000 jobs to the state economy, many going to workers with a high school education. This is the group that […]

Publications

By / 7.24.2018

Since 2016, the Ministry of Internal Affairs and Communications (MIC) and the Japan Fair Trade Commission (JFTC) have tried to promote more competition in the mobile market in order to encourage economic growth and promote fairness. In particular, the government agencies have restricted handset subsidies in an effort to lower rates. The results of these policies have […]

Blog

By / 7.17.2018

Here are a selection of PPI’s recent reports, op-eds and blog posts on global trade 2018  “Confronting China’s Threat to Open Trade,” (Ed Gerwin) (June 2018) Op-Ed in The Hill: “It’s time for Congress to step in and stop Trump’s trade abuses,” (Ed Gerwin) (June 2018) Op-Ed in The Hill: “’Go-it-alone’ trade strategies are neither […]

Blog

By / 7.16.2018

While we wait for the European Commission to announce the outcome of its antitrust case against Google, let us consider what’s at stake. Each year since 2016 we have estimated the number of App Economy jobs in Europe. These are workers who develop, maintain, and support mobile apps. Our latest figures show almost 1.7 million […]