The Great Reversal : : How America Gave Up on Free Markets / / Thomas Philippon.
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 mar...
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Philippon, Thomas, author. aut http://id.loc.gov/vocabulary/relators/aut The Great Reversal : How America Gave Up on Free Markets / Thomas Philippon. Cambridge, MA : Harvard University Press, [2019] ©2019 1 online resource (304 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Preface -- Introduction -- Part One. The Rise of Market Power in the United States -- 1. Why Economists Like Competition . . . and Why You Should Too -- 2. Bad Concentration, Good Concentration -- 3. The Rise in Market Power -- 4. The Decline of Investment and Productivity -- 5. The Failure of Free Entry -- Part Two. The European Experience -- 6. Meanwhile, in Europe -- 7. Are US Prices Too High? -- 8. How European Markets Became Free -- Part Three. Political Economy -- 9. Lobbying -- 10. Money and Politics -- Part Four. An In-Depth Look at Some Industries -- 11. Why Are Bankers Paid So Much? -- 12. American Health Care: A Self-Made Disaster -- 13. Looking at the Stars: Are the Top Firms Really Different? -- 14. To Regulate or Not to Regulate, That Is the Question -- 15. Monopsony Power and Inequality -- Conclusion -- Appendix -- Glossary -- References -- Acknowledgments -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star 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. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Aug 2021) Oral tradition Islamic Empire. Performing arts Islamic Empire. Rites and ceremonies Islamic Empire. BUSINESS & ECONOMICS / International / General. bisacsh Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2019 9783110652031 https://doi.org/10.4159/9780674243095 https://www.degruyter.com/isbn/9780674243095 Cover https://www.degruyter.com/cover/covers/9780674243095.jpg |
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English |
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author |
Philippon, Thomas, Philippon, Thomas, |
spellingShingle |
Philippon, Thomas, Philippon, Thomas, The Great Reversal : How America Gave Up on Free Markets / Frontmatter -- Contents -- Preface -- Introduction -- Part One. The Rise of Market Power in the United States -- 1. Why Economists Like Competition . . . and Why You Should Too -- 2. Bad Concentration, Good Concentration -- 3. The Rise in Market Power -- 4. The Decline of Investment and Productivity -- 5. The Failure of Free Entry -- Part Two. The European Experience -- 6. Meanwhile, in Europe -- 7. Are US Prices Too High? -- 8. How European Markets Became Free -- Part Three. Political Economy -- 9. Lobbying -- 10. Money and Politics -- Part Four. An In-Depth Look at Some Industries -- 11. Why Are Bankers Paid So Much? -- 12. American Health Care: A Self-Made Disaster -- 13. Looking at the Stars: Are the Top Firms Really Different? -- 14. To Regulate or Not to Regulate, That Is the Question -- 15. Monopsony Power and Inequality -- Conclusion -- Appendix -- Glossary -- References -- Acknowledgments -- Index |
author_facet |
Philippon, Thomas, Philippon, Thomas, |
author_variant |
t p tp t p tp |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Philippon, Thomas, |
title |
The Great Reversal : How America Gave Up on Free Markets / |
title_sub |
How America Gave Up on Free Markets / |
title_full |
The Great Reversal : How America Gave Up on Free Markets / Thomas Philippon. |
title_fullStr |
The Great Reversal : How America Gave Up on Free Markets / Thomas Philippon. |
title_full_unstemmed |
The Great Reversal : How America Gave Up on Free Markets / Thomas Philippon. |
title_auth |
The Great Reversal : How America Gave Up on Free Markets / |
title_alt |
Frontmatter -- Contents -- Preface -- Introduction -- Part One. The Rise of Market Power in the United States -- 1. Why Economists Like Competition . . . and Why You Should Too -- 2. Bad Concentration, Good Concentration -- 3. The Rise in Market Power -- 4. The Decline of Investment and Productivity -- 5. The Failure of Free Entry -- Part Two. The European Experience -- 6. Meanwhile, in Europe -- 7. Are US Prices Too High? -- 8. How European Markets Became Free -- Part Three. Political Economy -- 9. Lobbying -- 10. Money and Politics -- Part Four. An In-Depth Look at Some Industries -- 11. Why Are Bankers Paid So Much? -- 12. American Health Care: A Self-Made Disaster -- 13. Looking at the Stars: Are the Top Firms Really Different? -- 14. To Regulate or Not to Regulate, That Is the Question -- 15. Monopsony Power and Inequality -- Conclusion -- Appendix -- Glossary -- References -- Acknowledgments -- Index |
title_new |
The Great Reversal : |
title_sort |
the great reversal : how america gave up on free markets / |
publisher |
Harvard University Press, |
publishDate |
2019 |
physical |
1 online resource (304 p.) |
contents |
Frontmatter -- Contents -- Preface -- Introduction -- Part One. The Rise of Market Power in the United States -- 1. Why Economists Like Competition . . . and Why You Should Too -- 2. Bad Concentration, Good Concentration -- 3. The Rise in Market Power -- 4. The Decline of Investment and Productivity -- 5. The Failure of Free Entry -- Part Two. The European Experience -- 6. Meanwhile, in Europe -- 7. Are US Prices Too High? -- 8. How European Markets Became Free -- Part Three. Political Economy -- 9. Lobbying -- 10. Money and Politics -- Part Four. An In-Depth Look at Some Industries -- 11. Why Are Bankers Paid So Much? -- 12. American Health Care: A Self-Made Disaster -- 13. Looking at the Stars: Are the Top Firms Really Different? -- 14. To Regulate or Not to Regulate, That Is the Question -- 15. Monopsony Power and Inequality -- Conclusion -- Appendix -- Glossary -- References -- Acknowledgments -- Index |
isbn |
9780674243095 9783110652031 |
geographic_facet |
Islamic Empire. |
url |
https://doi.org/10.4159/9780674243095 https://www.degruyter.com/isbn/9780674243095 https://www.degruyter.com/cover/covers/9780674243095.jpg |
illustrated |
Not Illustrated |
doi_str_mv |
10.4159/9780674243095 |
oclc_num |
1135570083 |
work_keys_str_mv |
AT philipponthomas thegreatreversalhowamericagaveuponfreemarkets AT philipponthomas greatreversalhowamericagaveuponfreemarkets |
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hierarchy_parent_title |
Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2019 |
is_hierarchy_title |
The Great Reversal : How America Gave Up on Free Markets / |
container_title |
Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2019 |
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