Michael Mandel is chief economist at BusinessWeek, responsible for formulating BusinessWeek's coverage of economic policy. Prior to this, Mandel was economics editor. In 1998, Mandel won the Gerald R. Loeb Award for his coverage of the New Economy. Mandel is the author of several books, including Rational Exuberance, The Coming Internet Depression, and The High Risk Society. Prior to joining BusinessWeek in 1989, Mandel was an assistant economics professor at New York University?s Stern School of Business. Mandel holds a PhD in economics from Harvard.