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Philippon, Thomas

The Great Reversal

How America Gave Up on Free Markets

HARVARD UNIVERSITY PRESS

    $29.95 / 27,00 € / £23.95*

    eBook (PDF)
    Publication Date:
    2019
    Copyright year:
    2019
    To be published:
    November 2019
    ISBN
    978-0-674-24309-5
    See all formats and pricing

    Overview

    Aims and Scope

    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.

    Details

    304 pages
    HARVARD UNIVERSITY PRESS
    Language:
    English

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