Research Catalog
The great reversal : how America gave up on free markets
- Title
- The great reversal : how America gave up on free markets / Thomas Philippon.
- Author
- Philippon, Thomas
- Publication
- Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2019.
- ©2019
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
Available - Can be used on site. Please visit New York Public Library - Schwarzman Building to submit a request in person. | Text | Use in library | JFE 20-1733 | Schwarzman Building - Main Reading Room 315 |
Details
- Description
- xii, 343 pages : illustrations; 25 cm
- Summary
- "American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient markets, leading to higher prices and lower wages"--
- Subjects
- Competition
- Lobbying
- BUSINESS & ECONOMICS / Corporate Governance
- Competition > United States
- Markets > United States
- Competition > Europe
- Free enterprise > United States
- BUSINESS & ECONOMICS / Economic History
- Europe
- Free enterprise > Europe
- BUSINESS & ECONOMICS / Corporate Finance / General
- Lobbying > United States
- Free enterprise > Political aspects > United States
- United States
- Markets > Europe
- Bibliography (note)
- Includes bibliographical references and index.
- Contents
- Part one. The rise of market power in the U.S.: Why economists like competition...and why you should too -- Bad concentration, good concentration -- The rise in market power -- The decline of investment and productivity -- The failure of free entry -- Part two. The European experience: Meanwhile, in Europe -- Are US prices too high? -- How European markets became free -- Part three. Political economy: Lobbying -- Money and politics -- Part four. In depth look at some industries: Why are bankers paid so much? -- American health care: a self-made disaster -- Looking at the stars: are the top firms really different? -- To regulate or not to regulate, that is the question -- Monopsony power and inequality -- Conclusion.
- Call Number
- JFE 20-1733
- ISBN
- 9780674237544
- 0674237544
- LCCN
- 2019018624
- OCLC
- 1090006344
- Author
- Philippon, Thomas, author.
- Title
- The great reversal : how America gave up on free markets / Thomas Philippon.
- Publisher
- Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2019.
- Copyright Date
- ©2019
- Type of Content
- text
- Type of Medium
- unmediated
- Type of Carrier
- volume
- Bibliography
- Includes bibliographical references and index.
- Research Call Number
- JFE 20-1733