Michael Mandel is chief economic strategist at the Progressive Policy Institute in Washington, D.C., where he focuses on the economic impact of the data-driven economy, the impact of regulation on innovation, and measurement issues connected with globalization and innovation.

Mandel, who holds a Ph.D. in economics from Harvard University, formerly served as chief economist at BusinessWeek, where he directed the magazine's coverage of the domestic and global economies.

He is Senior Fellow at the Wharton School's Mack Center for Technological Innovation at the University of Pennsylvania and is president of South Mountain Economics LLC, which provides research and consulting on innovation, jobs and economic development.

He has received multiple awards for his work, including the Gerald Loeb Award for Business and Financial Journalism, and is the author of four books, including "Rational Exuberance" (2004).