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The great reversal : how America gave up on free markets /

"Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question, but the search for an answer took one of the world's leading economists on an unexpected journey through some of the most hotly debated issues in his field. He reached a surpri...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Philippon, Thomas (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2019.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Philippon, Thomas,  |e author. 
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 
336 |a text  |b txt  |2 rdacontent 
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347 |a text file 
504 |a Includes bibliographical references and index. 
505 0 |a The rise of market power in the United States. 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 -- The European experience. Meanwhile, in Europe -- Are US prices too high? -- How European markets became free -- Political economy. Lobbying -- Money and politics -- 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. 
520 |a "Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question, but the search for an answer took one of the world's leading economists on an unexpected journey through some of the most hotly debated issues in his field. He reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. In the age of Silicon Valley start-ups and millennial millionaires, he hardly expected this. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow Thomas Philippon as he works out the facts and consequences of industry concentration, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means. Philippon argues that many key problems of the American economy are due not to the flaws of capitalism or globalization but to the concentration of corporate power. By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth. For the sake of ordinary Americans, he concludes, government needs to get back to what it once did best: keeping the playing field level for competition. It's time to make American markets great--and free--again."--  |c ProQuest Ebook Central resource page, viewed December 9, 2022. 
588 0 |a Online resource, title from digital title page (viewed on February 23, 2021). 
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610 2 7 |a University of South Alabama  |2 gnd 
650 0 |a Free enterprise  |z United States. 
650 0 |a Free enterprise  |z Europe. 
650 0 |a Free enterprise  |x Political aspects  |z United States. 
650 0 |a Markets  |z United States. 
650 0 |a Markets  |z Europe. 
650 0 |a Competition  |z United States. 
650 0 |a Competition  |z Europe. 
650 0 |a Lobbying  |z United States. 
650 6 |a Lobbying  |z États-Unis. 
650 7 |a BUSINESS & ECONOMICS  |x International  |x General.  |2 bisacsh 
650 7 |a Competition  |2 fast  |0 (OCoLC)fst00871464 
650 7 |a Free enterprise  |2 fast  |0 (OCoLC)fst00933866 
650 7 |a Lobbying  |2 fast  |0 (OCoLC)fst01001123 
650 7 |a Markets  |2 fast  |0 (OCoLC)fst01010316 
651 7 |a Europe  |2 fast  |0 (OCoLC)fst01245064 
651 7 |a United States  |2 fast  |0 (OCoLC)fst01204155 
650 7 |a Konzentration  |g Wirtschaft  |2 gnd 
650 7 |a Lobbyismus  |2 gnd 
650 7 |a Produktivität  |2 gnd 
650 7 |a Soziale Ungleichheit  |2 gnd 
650 7 |a Wettbewerbspolitik  |2 gnd 
776 0 8 |i Print version:  |a Philippon, Thomas.  |t Great reversal.  |d Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2019  |z 9780674237544  |z 0674237544  |w (DLC) 2019018624  |w (OCoLC)1090006344 
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