PPI in the News

PPI in the News

Mandel for NJ Spotlight, “It Would Be A Mistake to Make Brick-and-Mortar Retailers in NJ Accept Cash”

It would be better to go cashless, while creating new low-cost banking options for poor residents Is cash a bane or a boon? The underlying trends are clear. Across the country, from high-end salad chain Sweetgreen to the new Amazon Go stores, more and more retailers are going cashless as technology improves. For a company…

Kim for Washington Monthly, “The Mirage of ‘Full Employment'”

Low unemployment rates mask soft spots in the job market, especially among rural Americans and minorities. For the last several months, Republicans have been resting on the laurels of positive job growth and low unemployment—proof, they say, of the Trump economy’s strength. In March, the nation’s official jobless rate stood at 4.1 percent, the lowest…

USA TODAY: Emerging Tech Hubs Are Far From Coasts

PPI Chief Economic Strategist Michael Mandel was quoted in USA TODAY regarding his recent report, "How the Startup Economy is Spreading Across the Country" on start-ups and entrepreneurial growth across the country: "I was surprised by cities in the Midwest that made the list," says Michael Mandel of PPI, who conducted the study. E-commerce contributed…

Axios: The Next Start-Up Hubs

A growing number of startups are being created across the country — and they're cropping up outside of the top innovation hub cities. That's according to new data released today by TechNet and the Progressive Policy Institute. Why it matters: Political and economic dynamics are forcing companies and investors to pay more attention to business…

The Hill: Trade is popular in swing states, among Democrats

The Hill’s Vicki Needham cited a PPI poll and quoted both PPI President Will Marshall and Senior Fellow for Trade and Global Opportunity Ed Gerwin in an article on how voter’s opinions on trade will impact the election. Voters in four battleground states — Colorado, Florida, Nevada, and Ohio — expressed positive views about the…

MIT Technology Review: Dear Silicon Valley: Forget Flying Cars, Give Us Economic Growth

Dr. Michael Mandel, PPI’s chief economic strategist, is quoted in David Rotman’s piece about the advances in technology and economic slowdown.  Michael Mandel, an economist at the Progressive Policy Institute in Washington, D.C., says the productivity slowdown is occurring in what he calls the physical industries, including manufacturing and health care. Such industries, which he…

Motherboard: How the Apple Store Went from ‘Impossible Thought’ to Job Creator

Motherboard’s Nicholas Deleon wrote an article about the rise of the App Economy, in which he cited a PPI report. Apple even claims that 1.9 million jobs have been created in the US in large part to the App Store. (The Progressive Policy Institute, a liberal think tank, suggests similar numbers.)” Read the article in…

The Hill: Geopolitics moves to center stage of Obama trade deal push

PPI Senior Fellow and trade expert Ed Gerwin was quoted by The Hill’s Vicki Needham in this article about the Trans-Pacific Partnership. Ed Gerwin, a trade expert with the Progressive Policy Institute, said that the significance of the strategic issues only became clear to him after he traveled to Japan last fall and spoke with…

Recode: Google wants to prove its app business is just as good as Apple’s

A PPI report on App Economy jobs is cited in this article from Recode. Beyond flaunting the growth of Play, Google has another motive in highlighting the success of apps like Prune. It needs to convince regulators in Europe, who have opened an antitrust case against Android, that the operating system boosts other companies instead…

Market Realist: What’s behind the US Economy’s Remarkable Labor Market Strength

Rick Rieder cites a PPI report in this piece about the recent growth of the United States economy. Technology (IGM) is not only one of the fastest-growing industries. It has also created millions of jobs. It’s an important enabler of innovative product development. For example, technology has led to the emergence of the new app…
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