The thoughts of PPI’s Chief Economic Strategist Michael Mandel were highlighted in Baltimore Sun Columnist Jay Hancock’s recent piece on research and development investment.
“Two years ago Michael Mandel, then chief economist for Business Week magazine, wrote a cover story titled “The Failed Promise of Innovation in the U.S.” The piece blamed the lack of technology breakthroughs over the last decade as a factor in the 2008 financial collapse.
I asked Mandel, now chief economic strategist for the Progressive Policy Institute in Washington, whether the problem is getting worse.”
Read the full article here and check out Mandel’s recent brief on the FDA and innovation.