Episode Details

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.

Learn more about your ad choices. Visit megaphone.fm/adchoices