Thomas Philippon on How America Gave Up on Free Markets

Mike talks with Thomas Philippon, a Professor of Finance at the Stern School of Business at New York University. Professor Philippon is a member of the Monetary Policy Advisory Panel of the Federal Reserve Bank of New York and the author of the recently released book, The Great Reversal: How America Gave Up On Free Markets, which they discuss on this episode. Topics discussed include: the many benefits of competition how and why the US became much less competitive over the last two decades how, in many ways, Europe is actually much more competitive than the US how lobbying and campaign finance contribute to the problem the ‘revolving door’ between government and the private sector the decline of competition in finance, health care, and the tech sector what can be done to increase competition Thomas Philippon on Twitter Be part of the discussion on the Politics Guys ‘BipartisanPolitics’ community on Reddit. Listener support helps make The Politics Guys possible. If you’re interested in supporting the, go to patreon.com/politicsguys or politicsguys.com/support. Support this podcast at — https://redcircle.com/the-politics-guys/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoicesThe Politics Guys on Facebook | XListener support helps make The Politics Guys possible. You can support us or change your level of support at patreon.com/politicsguys or politicsguys.com/support. On Venmo, we’re @PoliticsGuys.The Politics Guys is part of The Democracy Group, a network of podcasts that examines what's broken in our democracy and how we can work together to fix it.