The Profit Paradox
Download The Profit Paradox full books in PDF, epub, and Kindle. Read online free The Profit Paradox ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads.
Author |
: Jan Eeckhout |
Publisher |
: Princeton University Press |
Total Pages |
: 352 |
Release |
: 2022-10-25 |
ISBN-10 |
: 9780691224299 |
ISBN-13 |
: 0691224293 |
Rating |
: 4/5 (99 Downloads) |
Synopsis The Profit Paradox by : Jan Eeckhout
A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
Author |
: Clayton M. Christensen |
Publisher |
: HarperCollins |
Total Pages |
: 415 |
Release |
: 2019-01-15 |
ISBN-10 |
: 9780062851833 |
ISBN-13 |
: 0062851837 |
Rating |
: 4/5 (33 Downloads) |
Synopsis The Prosperity Paradox by : Clayton M. Christensen
Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.
Author |
: Frank H. Knight |
Publisher |
: Cosimo, Inc. |
Total Pages |
: 401 |
Release |
: 2006-11-01 |
ISBN-10 |
: 9781602060050 |
ISBN-13 |
: 1602060053 |
Rating |
: 4/5 (50 Downloads) |
Synopsis Risk, Uncertainty and Profit by : Frank H. Knight
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Author |
: Robert Bork |
Publisher |
: |
Total Pages |
: 536 |
Release |
: 2021-02-22 |
ISBN-10 |
: 1736089714 |
ISBN-13 |
: 9781736089712 |
Rating |
: 4/5 (14 Downloads) |
Synopsis The Antitrust Paradox by : Robert Bork
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Author |
: Jerry L. Fletcher |
Publisher |
: Berrett-Koehler Publishers |
Total Pages |
: 248 |
Release |
: 1997-06 |
ISBN-10 |
: 188105280X |
ISBN-13 |
: 9781881052807 |
Rating |
: 4/5 (0X Downloads) |
Synopsis Paradoxical Thinking by : Jerry L. Fletcher
Taking advantage of contradictory elements in oneself and one's situation can lead to better performance all around. In this guide, the authors present a five-step process for using paradoxes to find solutions to a wide range of problems. Includes case studies showing how real people have used paradoxical thinking to solve real problems.
Author |
: Jan Eeckhout |
Publisher |
: Princeton University Press |
Total Pages |
: 352 |
Release |
: 2022-10-25 |
ISBN-10 |
: 9780691241715 |
ISBN-13 |
: 0691241716 |
Rating |
: 4/5 (15 Downloads) |
Synopsis The Profit Paradox by : Jan Eeckhout
A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
Author |
: Henry C. Lucas |
Publisher |
: Oxford University Press, USA |
Total Pages |
: 238 |
Release |
: 1999 |
ISBN-10 |
: 9780195121599 |
ISBN-13 |
: 0195121597 |
Rating |
: 4/5 (99 Downloads) |
Synopsis Information Technology and the Productivity Paradox by : Henry C. Lucas
Provides a reliable framework for measuring the competitive advantages and profits gained through investments in state-of-the-art information systems. 7 linecuts.
Author |
: Thomas Philippon |
Publisher |
: Belknap Press |
Total Pages |
: 361 |
Release |
: 2019 |
ISBN-10 |
: 9780674237544 |
ISBN-13 |
: 0674237544 |
Rating |
: 4/5 (44 Downloads) |
Synopsis The Great Reversal by : Thomas Philippon
American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient markets, leading to higher prices and lower wages.
Author |
: Pim van Vliet |
Publisher |
: John Wiley & Sons |
Total Pages |
: 180 |
Release |
: 2017-01-17 |
ISBN-10 |
: 9781119351054 |
ISBN-13 |
: 1119351057 |
Rating |
: 4/5 (54 Downloads) |
Synopsis High Returns from Low Risk by : Pim van Vliet
Believing "high-risk equals high-reward" is holding your portfolio hostage High Returns from Low Risk proves that low-volatility, low-risk portfolios beat high-volatility portfolios hands down, and shows you how to take advantage of this paradox to dramatically improve your returns. Investors traditionally view low-risk stocks as safe but unprofitable, but this old canard is based on a flawed premise; it fails to see beyond the monthly horizon, and ignores compounding returns. This book updates the thinking and brings reality to modelling to show how low-risk stocks actually outperform high-risk stocks by an order of magnitude. Easy to read and easy to implement, the plan presented here will help you construct a portfolio that delivers higher returns per unit of risk, and explains how to achieve excellent investment results over the long term. Do you still believe that investors are rewarded for bearing risk, and that the higher the risk, the greater the reward? That old axiom is holding you back, and it is time to start seeing the whole picture. This book shows you, through deep historical simulation, how to reap the rewards of smarter investing. Learn how and why low-risk, low-volatility stocks beat the market Discover the formula that outperforms Greenblatt's Construct your own low-risk portfolio Select the right ETF or low-risk fund to manage your money Great returns and lower risk sound like a winning combination — what happens once everyone is doing it? The beauty of the low-risk strategy is that it continues to work even after the paradox is widely known; long-term investment success is possible for anyone who can shake off the entrenched wisdom and go low-risk. High Returns from Low Risk provides the proof, model and strategy to reign in your exposure while raking in the profit.
Author |
: Wanda Rushing |
Publisher |
: Univ of North Carolina Press |
Total Pages |
: 271 |
Release |
: 2009 |
ISBN-10 |
: 9780807832998 |
ISBN-13 |
: 0807832995 |
Rating |
: 4/5 (98 Downloads) |
Synopsis Memphis and the Paradox of Place by : Wanda Rushing
Celebrated as the home of the blues and the birthplace of rock and roll, Memphis, Tennessee, is where Elvis Presley, B. B. King, Johnny Cash, and other musical legends got their starts. It is also a place of conflict and tragedy--the site of Martin Luther