Overview

Full Product Details

9780691224299

Table of Contents

Reviews

Winner of the Silver Medal in Business Commentary, Axiom Business Book Awards Eeckhout documents an astonishing rise of market power across all sorts of industries since 1980. We're not just talking about the usual suspects here; Amazon, Google, Facebook, and so on. We're talking about everything from the makers of cat food to the sellers of caskets. ---Greg Rosalsky, NPR Planet Money A serious and significant effort to explain rising market power and its implications to decades of stagnant wages to a wider audience. ---Simcha Barkai, ProMarket A very good read. . . . Hooray for an economist who can write so engagingly. ---Diane Coyle, Enlightened Economist A sharply argued thesis that one effect of all-powerful corporations is the suppression of wages for working people across the board. . . . A provocative case, and one that those who feel undervalued in the present economy will surely appreciate. * Kirkus Reviews * The book convincingly argues for some role of market power in workers' woes. . . . At a time when antitrust frameworks are being reconsidered on both sides of the Atlantic, Eeckhout's book is a powerful reminder that this rethink must go big. ---Romain Duval, Finance and Development The Profit Paradox is an easy read . . . and the tour d'horizon of issues is impressive. ---Jane Fuller, Financial World As economist Jan Eeckhout lays out in his new book The Profit Paradox, rapid technological change since the 1980s has improved business efficiency and dramatically increased corporate profitability. But it has also led to an increase in market power that is detrimental for people in work. * Financial Times * The work combines an in-depth economic vision with examples from everyday life. * Eurakalert * The book is important for several reasons. First. . . . this book takes a global view. Second, it pushes back against quite a widespread misconception that monopoly is largely an American problem and that Europeans in particular are protected by strong competition authorities. Third, it is one of those relatively rare books that combines an easy read with deep and rich scholarship from an expert in the field. ---Nicholas Shaxson, The Counterbalance

Winner of the Silver Medal in Business Commentary, Axiom Business Book Awards Winner of the William G. Bowen Book Award, Industrial Relations Section of Princeton University Eeckhout documents an astonishing rise of market power across all sorts of industries since 1980. We're not just talking about the usual suspects here; Amazon, Google, Facebook, and so on. We're talking about everything from the makers of cat food to the sellers of caskets. ---Greg Rosalsky, NPR Planet Money A serious and significant effort to explain rising market power and its implications to decades of stagnant wages to a wider audience. ---Simcha Barkai, ProMarket A very good read. . . . Hooray for an economist who can write so engagingly. ---Diane Coyle, Enlightened Economist A sharply argued thesis that one effect of all-powerful corporations is the suppression of wages for working people across the board. . . . A provocative case, and one that those who feel undervalued in the present economy will surely appreciate. * Kirkus Reviews * The book convincingly argues for some role of market power in workers' woes. . . . At a time when antitrust frameworks are being reconsidered on both sides of the Atlantic, Eeckhout's book is a powerful reminder that this rethink must go big. ---Romain Duval, Finance and Development The Profit Paradox is an easy read . . . and the tour d'horizon of issues is impressive. ---Jane Fuller, Financial World As economist Jan Eeckhout lays out in his new book The Profit Paradox, rapid technological change since the 1980s has improved business efficiency and dramatically increased corporate profitability. But it has also led to an increase in market power that is detrimental for people in work. * Financial Times * The work combines an in-depth economic vision with examples from everyday life. * Eurakalert * The book is important for several reasons. First. . . . this book takes a global view. Second, it pushes back against quite a widespread misconception that monopoly is largely an American problem and that Europeans in particular are protected by strong competition authorities. Third, it is one of those relatively rare books that combines an easy read with deep and rich scholarship from an expert in the field. ---Nicholas Shaxson, The Counterbalance

Author Information

Jan Eeckhout is the ICREA Research Professor at Pompeu Fabra University in Barcelona and has also taught at the University of Pennsylvania, University College London, Princeton University, and New York University. His work has been widely featured in the media, including the New York Times, the Wall Street Journal, the Economist, and the Financial Times. He lives in Barcelona. Twitter @jan_eeckhout

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available