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The Great Reversal: How America Gave Up on Free Markets
by Thomas Philippon
Harvard University Press, 2019
eISBN: 978-0-674-24309-5 | Cloth: 978-0-674-23754-4
Library of Congress Classification HB95.P53 2019
Dewey Decimal Classification 330.973

ABOUT THIS BOOK | TOC
ABOUT THIS BOOK
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.

See other books on: Economic Policy | Free enterprise | Government & Business | Lobbying | Markets
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