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...

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Bibliographic Details
Main Author: Philippon, Thomas
Format: eBook
Language:English
Published: Cambridge, Massachusetts ; The Belknap Press of Harvard University Press , 2019
Subjects:
Online Access:EBSCOhost
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049 |a MAIN 
100 1 |a Philippon, Thomas,  |9 913384 
245 1 4 |a The great reversal  |b how America gave up on free markets  |c Thomas Philippon 
246 3 0 |a How America gave up on free markets 
264 1 |a Cambridge, Massachusetts ;  |b The Belknap Press of Harvard University Press ,  |c 2019 
300 |a 1 online resource (xii, 343 pages)  |b illustrations 
347 |a text file  |2 rda 
588 0 |a Description based on online resource, title from digital title page (viewed on February 23, 2021). 
504 |a Includes bibliographical references and index. 
505 0 |a Part one. The rise of market power in the U.S.: Why economists like competition ... and why you should too -- Bad concentration, good concentration -- The rise in market power -- The decline of investment and productivity -- The failure of free entry -- Part two. The European experience: Meanwhile, in Europe -- Are US prices too high? -- How European markets became free -- Part three. Political economy: Lobbying -- Money and politics -- Part four. In depth look at some industries: Why are bankers paid so much? -- American health care: a self-made disaster -- Looking at the stars: are the top firms really different? -- To regulate or not to regulate, that is the question -- Monopsony power and inequality -- Conclusion 
520 |a "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"--  |c Provided by publisher 
610 2 7 |a University of South Alabama  |2 gnd  |9 913385 
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651 7 |a United States  |2 fast  |0 (OCoLC)fst01204155  |9 132186 
653 0 |a Free enterprise  |z United States. 
653 0 |a Free enterprise  |z Europe. 
653 0 |a Free enterprise  |x Political aspects  |z United States. 
653 0 |a Markets  |z United States. 
653 0 |a Markets  |z Europe. 
653 0 |a Competition  |z United States. 
653 0 |a Competition  |z Europe. 
653 0 |a Lobbying  |z United States. 
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653 7 |a Lobbying  |2 fast  |0 (OCoLC)fst01001123 
653 7 |a Markets  |2 fast  |0 (OCoLC)fst01010316 
653 7 |a Konzentration  |g Wirtschaft  |2 gnd 
653 7 |a Lobbyismus  |2 gnd 
653 7 |a Produktivität  |2 gnd 
653 7 |a Soziale Ungleichheit  |2 gnd 
653 7 |a Wettbewerbspolitik  |2 gnd 
653 7 |a BUSINESS & ECONOMICS / International / General  |2 bisacsh 
655 0 |a EBSCO eBooks  |9 905790 
655 4 |a Electronic books.  |9 899821 
856 4 0 |3 EBSCOhost  |u https://www.lib.tsu.ru/limit/2023/EBSCO/2270711.pdf 
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