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About the Author

Dr. Michael Mandel is chief economic strategist at the Progressive Policy Institute in Washington D.C. and senior fellow at the Mack Institute of Innovation Management at the Wharton School at the University of Pennsylvania. He was chief economist at BusinessWeek before its purchase by Bloomberg.  

With experience spanning policy, academics, and business, Dr. Mandel has helped lead the public conversation about the economic and business impact of technology over the past two decades. Mandel’s seminal analysis shows how e-commerce creates jobs and reduces inequality was featured by the Wall Street Journal, New York Times, Washington Post, Boston Globe, and Financial Times, among others. Dr. Mandel regularly engages with policymakers in Europe, Latin America, and Asia-Pacific on key issues such as privacy, tax, regulation, and competition policy.  

Dr. Mandel started two businesses: South Mountain Economics LLC, a consulting firm focusing on emerging occupations and emerging industries; and Visible Economy LLC, which produced news and educational videos for the college market. Dr. Mandel is the author of four books, including The High-Risk Society and Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think. His essentials level economics textbook from McGraw-Hill, Economics: The Basics, is in its third edition and widely used across the country. Dr. Mandel received a doctorate in economics from Harvard University and taught at New York University’s Stern School of Business.