The Great Reversal
Download or Read eBook The Great Reversal PDF written by Thomas Philippon and published by Belknap Press. This book was released on 2019 with total page 361 pages. Available in PDF, EPUB and Kindle.
| Author | : Thomas Philippon |
| Publisher | : Belknap Press |
| Total Pages | : 361 |
| Release | : 2019 |
| ISBN-10 | : 9780674237544 |
| ISBN-13 | : 0674237544 |
| Rating | : 4/5 (44 Downloads) |
Book Synopsis The Great Reversal by : Thomas Philippon
Book excerpt: 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.
