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 efficient mar...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Cambridge, MA :
The Belknap Press of Harvard University Press
2019
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009623439006719 |
| Sumario: | 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. |
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| Descripción Física: | 1 online resource (xii, 343 pages) : illustrations |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9780674243101 9780674243095 |
