Faculty News
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Professor Thomas Philippon's new book, "The Great Reversal," is reviewed
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![Wall Street Journal logo Wall Street Journal logo](/sites/default/files/styles/192w_x_144h/public/assets/images/wsjlogo.jpg?h=cd55d432&itok=Ak755mbf)
Excerpt from The Wall Street Journal -- "‘The idea that US markets are the most competitive in the world has been widely accepted in economics for several decades,' economist Thomas Philippon writes in 'The Great Reversal.' The thrust of his argument is that this idea is largely a myth. Even before the financial crash of 2007-08, he says, many Americans felt that there was something not right about the economy—that it wasn’t performing as advertised."
Faculty News
—
![Wall Street Journal logo Wall Street Journal logo](/sites/default/files/styles/192w_x_144h/public/assets/images/wsjlogo.jpg?h=cd55d432&itok=Ak755mbf)
Excerpt from The Wall Street Journal -- "‘The idea that US markets are the most competitive in the world has been widely accepted in economics for several decades,' economist Thomas Philippon writes in 'The Great Reversal.' The thrust of his argument is that this idea is largely a myth. Even before the financial crash of 2007-08, he says, many Americans felt that there was something not right about the economy—that it wasn’t performing as advertised."