6. Market Power and Asset Prices, 1950–2019

Chapters in this book

1. Frontmatter i
2. Table of Contents vii
3. Preface xi
4. Suggested Nontechnical Reading of the Book xvii
5. Introduction: Why We Are in a Second Gilded Age and What We Can Do About It 1
6. 1. The Nexus of Market Power, Technology, and Public Policy 43
7. 2. Economic Growth Under the Effect of Market Power 99
8. 3. Monopoly Wealth and Intangible Capital 135
9. 4. Determinants of Market Power in the United States, 1889–2017 153
10. 5. The Effect of Market Power on the Diffusion of Innovations 201
11. 6. Market Power and Asset Prices, 1950–2019 233
12. 7. R&D and Technological Competition 261
13. 8. Policy Reform 313
14. 9. Policy to Restrain the Expansion of Market Power 329
15. 10. Taxation, Public Investments, and Redistribution 367
16. Concluding Remarks 401
17. Bibliography 405
18. Index 425