The Great Reversal - How America Gave Up on Free Markets.pdf

The Great Reversal - How America Gave Up on Free Markets PDF

Thomas Philippon

Why are cellphone plans so much more expensive in the United States than in Europe ? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately he reached his surprising conclusion : American markets, once a model for the world, are giving up on healthy competition. Sector after economic sector is more concentrated than it was twenty years ago, dominated by fewer and bigger players who lobby politicians aggressively to protect and expand their profit margins. Across the country, this drives up prices while driving down investment, productivity, growth, and wages, resulting in more inequality. Meanwhile, Europe—long dismissed for competitive sclerosis and weak antitrust—is beating America at its own game. Philippon, one of the worlds leading economists, did not expect these conclusions in the age of Silicon Valley start-ups and millennial millionaires. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow him as he works out the basic facts and consequences of industry concentration in the US and Europe, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means for free trade, technology, and innovation. For the sake of ordinary Americans, he concludes, government needs to return to what it once did best : keeping the playing field level for competition. Its time to make American markets great—and free—again.

The Great Reversal — Thomas Philippon | Harvard … The Great Reversal How America Gave Up on Free Markets. Thomas Philippon. Add to Cart Product Details. HARDCOVER. $29.95 • £23.95 • €27.00 ISBN 9780674237544. Publication Date: 10/29/2019. Trade . 368 pages. 6-1/8 x 9-1/4 inches. 70 illus., 17 tables. Belknap Press. World. Related Subjects. BUSINESS & ECONOMICS: International: General; BUSINESS & ECONOMICS: Infrastructure; BUSINESS

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9780674237544 ISBN
The Great Reversal - How America Gave Up on Free Markets.pdf

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Sofya Voigtuh

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Noels Schulzen

The Great Reversal How America Gave Up on Free Markets. Thomas Philippon. Add to Cart Product Details. HARDCOVER. $29.95 • £23.95 • €27.00 ISBN 9780674237544. Publication Date: 10/29/2019. Trade. 368 pages . 6-1/8 x 9-1/4 inches. 70 illus., 17 tables. Belknap Press. World. Related Subjects. BUSINESS & ECONOMICS: International: General; BUSINESS & ECONOMICS: Infrastructure; BUSINESS The Great Reversal: How America Gave Up on Free …

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Jason Leghmann

The Great Reversal: How America Gave Up on Free Markets (Book Talk) The Great Reversal: How America Gave Up on Free Markets (Book Talk) Thu, Feb 6, 2020, 4:30 pm to 6:00 pm. Share this article on Facebook Tweet this article Share this article on LinkedIn. Location: 101 Friend Center. Audience: Open to the public. Speaker(s): Thomas Philippon, Max L. Heine Professor of Finance, NYU. Sponsor(s

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Jessica Kolhmann

The Great Reversal - How America Gave Up on Free …