Description
Product ID: | 9780674237544 |
Product Form: | Hardback |
Country of Manufacture: | US |
Title: | The Great Reversal |
Subtitle: | How America Gave Up on Free Markets |
Authors: | Author: Thomas Philippon |
Page Count: | 368 |
Subjects: | Public administration, Public administration, International economics, Political economy, Economic systems and structures, Popular economics, Economic history, International economics, Political economy, Economic systems & structures, Popular economics, Economic history, USA |
Description: | Select Guide Rating 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. |
Imprint Name: | The Belknap Press |
Publisher Name: | Harvard University Press |
Country of Publication: | GB |
Publishing Date: | 2019-10-29 |