The great reversal how America gave up on free markets
"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 efficie...
| Main Author: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Cambridge, Massachusetts ;
The Belknap Press of Harvard University Press ,
2019
|
| Subjects: | |
| Online Access: | EBSCOhost Перейти в каталог НБ ТГУ |
| Summary: | "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"-- |
|---|---|
| Physical Description: | 1 online resource (xii, 343 pages) illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780674243095 0674243099 |