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008 190624s2019 maua b 001 0 eng
010 _a 2019018624
020 _a9780674237544 (hbk)
020 _a0674237544 (hbk)
040 _aMH/DLC
_beng
_cDLC
_erda
_dDLC
041 _aeng
042 _apcc
043 _an-us---
_ae------
050 1 4 _aHB 95
_bP552g 2019
082 0 0 _a330.973
100 1 _aPhilippon, Thomas,
_930656
_d1974-
245 1 4 _aThe great reversal :
_bhow America gave up on free markets /
_cThomas Philippon.
264 1 _aCambridge, Massachusetts :
_bThe Belknap Press of Harvard University Press,
_c2019.
300 _axii, 343 pages :
_billustrations ;
_c25 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 317-329) and index.
505 0 _aPart one. 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 -- 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 finance is still expensive -- American healthcare, a self-made disaster -- GAFAnoMics, Part 1: Are they really different? -- GAFAnoMics, Part 2. To regulate or not to regulate, that is the question -- It's baaack? Monopsony power in labor markets and inequality -- Conclusion: Some economic principles for the 21st century.
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"--
_cProvided by publisher.
650 0 _aFree enterprise
_zUnited States.
650 0 _aFree enterprise
_zEurope.
650 0 _aFree enterprise
_xPolitical aspects
_zUnited States.
650 4 _aLibre empresa
_96739
650 4 _aLibre empresa
_xAspectos polĂ­ticos
_930657
650 0 _aMarkets
_zUnited States.
650 0 _aMarkets
_zEurope.
650 4 _aMercados
_94257
650 0 _aCompetition
_zUnited States.
650 0 _aCompetition
_zEurope.
650 4 _aCompetencia
_9835
650 0 _aLobbying
_zUnited States.
650 4 _aCabildeo
_97689
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2lcc
_cBK