The Great Reversal

Released on by Thomas Philippon
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  • The Great Reversal Book Detail

  • Author : Thomas Philippon
  • Release Date : 2019
  • Publisher : Belknap Press
  • Genre : Business & Economics
  • Pages : 361
  • ISBN 13 : 0674237544
  • File Size : 13,13 MB
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The Great Reversal by Thomas Philippon PDF Summary

Book Description: 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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