LEADER 00000cam  2200397 i 4500 
003    OCoLC 
005    20191126081937.0 
008    190624s2019    maua     b    001 0 eng   
010      2019018624 
020    9780674237544 
020    0674237544 
035    (OCoLC)1090006344 
040    MH/DLC|beng|erda|cDLC|dOCLCO|dOCLCF|dHLS|dUtOrBLW 
042    pcc 
043    n-us---|ae------ 
092    330.973|bPHI 
100 1  Philippon, Thomas,|eauthor. 
245 14 The great reversal :|bhow America gave up on free markets 
       /|cThomas Philippon. 
264  1 Cambridge, Massachusetts :|bThe Belknap Press of Harvard 
       University Press,|c2019. 
300    xii, 343 pages :|billustrations ;|c25 cm 
336    text|btxt|2rdacontent 
337    unmediated|bn|2rdamedia 
338    volume|bnc|2rdacarrier 
504    Includes bibliographical references and index. 
505 00 |tPart one. The rise of market power in the U.S.: Why 
       economists like competition...and why you should too --
       |tBad concentration, good concentration --|tThe rise in 
       market power --|tThe decline of investment and 
       productivity --|tThe failure of free entry --|tPart two. 
       The European experience: Meanwhile, in Europe --|tAre US 
       prices too high? --|tHow European markets became free --
       |tPart three. Political economy: Lobbying --|tMoney and 
       politics --|tPart four. In depth look at some industries: 
       Why are bankers paid so much? --|tAmerican health care: a 
       self-made disaster --|tLooking at the stars: are the top 
       firms really different? --|tTo regulate or not to regulate,
       that is the question --|tMonopsony power and inequality --
       |tConclusion. 
520    "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 Free enterprise|zUnited States. 
650  0 Free enterprise|zEurope. 
650  0 Free enterprise|xPolitical aspects|zUnited States. 
650  0 Markets|zUnited States. 
650  0 Markets|zEurope. 
650  0 Competition|zUnited States. 
650  0 Competition|zEurope. 
650  0 Lobbying|zUnited States.