Faculty News
Prof. Thomas Philippon's research on the financial services industry is cited
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Excerpt from The Huffington Post -- "There is now a strong literature suggesting that at some point, finance largely becomes extractive, while remaining at the same efficiency level. Thomas Philippon finds that the cost of financial intermediation has not fallen in 30 years."
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Additional coverage appeard on The Washington Post.
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Additional coverage appeard on The Washington Post.