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The Great Reversal

- How America Gave Up on Free Markets

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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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780674260320
  • Indbinding:
  • Paperback
  • Sideantal:
  • 368
  • Udgivet:
  • 19. oktober 2021
  • Størrelse:
  • 209x140x29 mm.
  • Vægt:
  • 342 g.
  • Ukendt - mangler pt..

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Beskrivelse af The Great Reversal

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.

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