In the latest issue of the Washington Monthly, PPI Chief Economic Strategist Michael Mandel challenges the widespread complacency on the right and on the left about American productivity growth:
“The gains in agricultural productivity that transformed this country in the twentieth century are fundamentally different from the gains in manufacturing and distributive productivity we are seeing today. The other, related problem is that our bullish measures of productivity suffer from an enormous statistical blind spot. Rather than wait for rising productivity to save the day—and relying on economic policies that are essentially complacent—the U.S. needs to adopt drastic measures if it wants to keep living standards from falling."
Read the entire article at the Washington Monthly.
PPI in the Media
PPI's President Will Marshall on Maryland Public Radio, discussing the recent Republican Iowa caucus results.
Michael Mandel in the Atlantic, taking down GOP claims that government spending had no impact on New Hampshire's economy and job growth.The National Review's Jim Manzi, Mother Jones' Kevin Drum and former top IBM exec Irving Wladawsky-Berger on PPI's Scale and Innovation in Today's Economy.
The Progressive Policy Institute