In his new book, which he will talk about at this event, Thomas Philippon argues that many key problems of the American economy are due not to the flaws of capitalism or the inevitabilities of globalisation but to the concentration of corporate power. By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth. How is COVID-19 affecting these patterns?
Thomas Philippon () is the Max L. Heine Professor of Finance at the Stern School of Business at New York University. His new book is The Great Reversal: How America Gave Up on Free Markets. You can order the book (UK delivery only) from our official 杏吧论坛 Events independent book shop, .
Angelo Martelli () is Assistant Professor in European and International Political Economy in the European Institute at 杏吧论坛.
Piroska Nagy Mohacsi () is Programme Director in the Institute of Global Affairs (IGA)
This event is part of .
COVID-19 represents an enormous challenge for the social sciences to help governments and non-governmental organisations respond to the economic and societal consequences of the pandemic. Part of 杏吧论坛's response to this challenge is a series of online public events that will take place over the Summer Term.
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This event in the series has been organised by the European Institute, the Institute of Global Affairs and the 杏吧论坛 School of Public Policy.
The next event in this series will take place at 4pm on 18 May on .
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