A new analysis adds to worries about market power
PHYSICISTS’ QUEST for a “theory of everything” to explain all of their observations about the world is well-known. The equivalent in economics is the hunt for common causes for the rich-world macroeconomic trends of the past decade or so: a shrinking share of the economic pie for workers, disappointing investment and lacklustre productivity growth. These must be reconciled with low interest rates, pockets of technological advance and juicy returns for investors willing to take risks.
Case closed? Not so fast. Those who doubt that competition has weakened attribute such findings to the rise of “superstar” firms. They argue that economic activity is becoming concentrated in the best firms because of technology, network effects and globalisation.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Argentina requests economic review waiver from IMFArgentina has asked for a waiver from the International Monetary Fund to give th...
Consulte Mais informação »
For Some in Japan, Another Day Older and Deeper in Debt Doesn’t Sound So BadIn Japan, a country with $10 trillion in government debt and an economy half that size, some people think the best policy is to borrow more.
Consulte Mais informação »
Texas AG investigating Chick-fil-A's exclusion at airportAUSTIN, Texas (AP) — Republican Texas Attorney General Ken Paxton says he's investigating a decision to exclude Chick-fil-A from an airport concession contract over opposition to the fast-food chain owners' record on LGBT issues.
Consulte Mais informação »
Texas A.G. investigating Chick-Fil-A's exclusion at airportTexas' attorney general opens investigation into San Antonio's decision to exclude Chick-fil-A from opening airport concession facilities due to the fast-food chain owners' record on LGBT issues. - NBCOUT
Consulte Mais informação »
Argentina requests economic review waiver from IMFArgentina has asked for a waiver from the International Monetary Fund to give th...
Consulte Mais informação »
Lululemon is growing beyond the women's yoga pants that made it famous as competition heats upLululemon's strength has long been women's yoga pants and workout clothing, but it's expanding beyond that.
Consulte Mais informação »
Airbnb launches competition to spend a night at the LouvreAirbnb is offering two people the once-in-a-lifetime opportunity to spend a night in the company of some of the world's best known artworks at the Louvre Museum in Paris.
Consulte Mais informação »
EU's competition chief says there's nothing wrong in delaying BrexitThe process to take the U.K. officially out of the European Union began two years ago, but has yet to be finalized. U.K. parliamentarians have so far rejected the deal that Prime Minister Theresa May negotiated with the EU three times.
Consulte Mais informação »