- Preface
- Introduction
- I. The Rise of Market Power in the United States
- 1. Why Economists Like Competition…and Why You Should Too
- 2. Bad Concentration, Good Concentration
- 3. The Rise in Market Power
- 4. The Decline of Investment and Productivity
- 5. The Failure of Free Entry
- II. The European Experience
- 6. Meanwhile, in Europe
- 7. Are U.S. Prices Too High?
- 8. How European Markets Became Free
- III. Political Economy
- 9. Lobbying
- 10. Money and Politics
- IV. An In-Depth Look at Some Industries
- 11. Why Are Bankers Paid So Much?
- 12. American Health Care: A Self-Made Disaster
- 13. Looking at the Stars: Are the Top Firms Really Different?
- 14. To Regulate or Not to Regulate, That Is the Question
- 15. Monopsony Power and Inequality
- Conclusion
- Appendix
- Glossary
- References
- Acknowledgments
- Index


The Great Reversal
How America Gave Up on Free Markets
Product Details
PAPERBACK
$19.00 • £16.95 • €17.95
ISBN 9780674260320
Publication Date: 10/19/2021
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