The Great Reversal: How America Gave Up on Free Markets
Concentration. If you think that the United States continues to be an exemplar of a free market economy, you may change your mind after reading Thomas Philippon’s book titled, The Great Reversal: How America Gave Up on Free Markets. Philippon makes the case that American consumers suffer the ill effects of corporate concentration and corporate lobbying that has given large companies pricing power and market dominance. The past three decades have altered the landscape of free markets in dramatic ways. Philippon explains how.
Rating: Four-star (I like it)
Click here to purchase The Great Reversal from amazon.com.