The New Yorker‘s James Surowiecki referenced a study by PPI’s Michael Mandel, chief economic strategist, in an article about the true value of digitally based companies. The author referenced Mandel and others to substantiate the idea that these companies have been traditionally undervalued:
“Another study, by the economist Michael Mandel, contended that the government had underestimated the value of data services (mobile apps and the like) by some three hundred billion dollars a year.”
Read the entire piece in the New Yorker here.