• Beranda
» » (READ) The Great Reversal: How America Gave Up on Free Markets (PDF) Ebook

(READ) The Great Reversal: How America Gave Up on Free Markets (PDF) Ebook

(READ) The Great Reversal: How America Gave Up on Free Markets (PDF) Ebook

[PDF EBOOK EPUB] The Great Reversal: How America Gave Up on Free Markets

The Great Reversal: How America Gave Up on Free Markets

Description for The Great Reversal: How America Gave Up on Free Markets

Review �[A] superbly argued and important book. America is no longer the home of the free-market economy�The great obstacle to action in the U.S. is the pervasive role of money in politics. The results are the twin evils of oligopoly and oligarchy�Donald Trump is in so many ways a product of the defective capitalism described in The Great Reversal. What the U.S. needs, instead, is another Teddy Roosevelt and his energetic trust-busting. Is that still imaginable? All believers in the virtues of competitive capitalism must hope so.�?Martin Wolf, Financial Times�A fascinating case study of rising corporate concentration and why this reflects not just impersonal economic forces but political choices� [Philippon] concludes competition has indeed declined to the detriment of consumers. His novel contribution, though, is to contrast this with the experience of Europe� Where the U.S. was once the world�s teacher, it may be time to be the pupil.�?Greg Ip, Wall Street Journal�Fascinating�In one industry after another, [Philippon] writes, a few companies have grown so large that they have the power to keep prices high and wages low. It�s great for those corporations?and bad for almost everyone else�Too often, both parties are still confusing the interests of big business with the national interest. And American families are paying the price.�?David Leonhardt, New York Times�Philippon sees today�s Europe, ironically the home of government-driven market intervention, as the place that has figured out how to set markets free by spurring competitiveness and thus keeping services up and prices down�The Great Reversal argues that the United States has much to gain by reforming how domestic markets work but also much to regain?a vitality that has been lost since the Reagan years. We don�t know if Philippon is a fan of Donald Trump, but his analysis points to one way of making America great again: restoring our free-market competitiveness.�?Arthur Herman, Wall Street Journal�[A] primer on the recent woes of the U.S. economy�It attributes these troubling developments to a decline in competition that has been brought about in large part by the rise of very powerful technology companies and above all by the lack of enforcement of antitrust policies. Philippon also points to the damaging role of politicians who protect the interests of their wealthy donors by sponsoring and creating loopholes in tax and regulatory laws.�?Richard N. Cooper, Foreign Affairs�Examines money in politics, and carefully knocks down tendentious arguments that such behavior does not simply reflect the rich purchasing policy outcomes that benefit themselves�Some of Philippon�s findings are eye-popping.�?Ryan Cooper, American Prospect�In this seminal book, economist Philippon uses detailed evidence to argue that, far from being the home of free-market competition, the U.S. today has less competition than the much-maligned EU, particularly in its product markets, which are riddled with monopoly and monopsony. This is not the result of natural forces, but of deliberate policy. Declining competition has raised profits, depressed wages, weakened investment and undermined productivity growth. The U.S. needs a reinvigoration of antitrust.�?Financial Times�A compelling read for those interested in the dynamics of the overall innovation economy or the political debate over antitrust and Big Tech�A timely analysis of the weakening of America�s regulatory regime for protecting free market competition.�?Eric Peckham, TechCrunch�Everyone in tech or interested in tech ought to read this book?it provides a rigorous, but easy-to-grasp look at the economics of consolidation and what it does to markets, prices, and products.�?Nilay Patel, The Verge�Should we love American capitalism, or hate it? Are large corporations making our lives better through endless innovation and price reductions, or are they exploiting their workers and their customers to enrich the few? Would European-style regulation make things better, or worse? Thomas Philippon�s eloquent book has the answers. It is an invaluable contribution to one of today�s most important debates.�?Angus Deaton, Nobel Laureate in Economic Sciences Read more About the Author Thomas Philippon is the Max L. Heine Professor of Finance at the Stern School of Business, New York University. He was named one of the top 25 economists under 45 by the IMF and won the Bern�cer Prize for Best European Economist. He currently serves as an academic advisor to the Financial Stability Board and to the Hong Kong Institute for Monetary and Financial Research. He was previously an advisor to the New York Federal Reserve Bank and a board member of the French prudential regulatory authority. Read more


img

Books are everywhere. Libraries big and small and bookstores are splattered all over college campuses and larger cities. They are all filled with one of the most important things of all time—books. Those who read books appreciate the multiple places to find books. Those who aren’t fans of books, don’t understand what could make readers want to obsess over books. There is a reason for their obsession, though. You hear it all the time: read every day.Reading is important because it develops our thoughts, gives us endless knowledge and lessons to read while keeping our minds active. Reading books to help us learn and understand and makes us smarter, not to mention the knowledge, vocabulary and thinking skills we develop.In the world today where information are abundant, reading books is one of the best ways to be informed. Though reading might seem like simple fun, it can be helping your body and mind without you even realising what is happening. What makes reading so important? It can be for these reasons and not just knowledge.For those who don’t enjoy it, you might change your mind after hearing about the benefits. Can something so easy and fun be so helpful in your life? Of course, it can! Reading can be a great benefit to you in many different ways—such as sharpening your mind, imagination, and writing skills. With so many advantages, it should be an everyday occurrence to read at least a little something.Books can hold and keep all kinds of information, stories, thoughts and feelings unlike anything else in this world. Can words, paragraphs, and fictional worlds be all that great for you and your health? It definitely can, and it is a timeless form of entertainment and information

Step-By Step To Download The Great Reversal: How America Gave Up on Free Markets

  • Click The Button "DOWNLOAD" Or "READ ONLINE"
  • Sign UP registration to access & UNLIMITED BOOKS
  • DOWNLOAD as many books as you like (personal use)
  • CANCEL the membership at ANY TIME if not satisfied
  • Join Over 80.000 & Happy Readers.


CLICK HERE TO READ ONLINE "The Great Reversal: How America Gave Up on Free Markets" FULL BOOK

OR



Share on: Facebook Twitter Google+ Linkedin Technorati Digg LintasMe

No comments:

Post a Comment

Contact Us

Name

Email *

Message *

Back To Top