The Great Reversal: How America Lost Its Competitive Edge
Grant Year: 2018
Thomas Philippon will research and write a book examining the relationship between the declining competitiveness of markets in the United States and slowing rates of economic growth. He will assess whether market competition in the United States is declining and consider whether any such decline can be attributed to increased concentration, heightened regulation protecting incumbent firms, or broader economic trends that provide advantages to dominant firms in particular markets.
New York University Domestic Public Policy