{"title":"Jan Eeckhout","description":"\u003cp\u003e\u003cstrong\u003eJan Eeckhout\u003c\/strong\u003e offers incisive explorations into the dynamics of economics and societal structures, with a particular focus on understanding inequalities and their broader impacts. His work often bridges academic rigor with accessible analysis, appealing to readers interested in the forces shaping modern economies.\u003c\/p\u003e\n\n\u003cp\u003eReaders can expect thoughtful discussions that challenge conventional wisdom, such as in \u003cem\u003eThe Profit Paradox\u003c\/em\u003e, which delves into how corporate power influences market outcomes and economic disparities. Eeckhout's writing is essential for those seeking to deepen their grasp of contemporary economic issues within an educational context.\u003c\/p\u003e","products":[{"product_id":"the-profit-paradox-by-jan-eeckhout-9780691214474","title":"The Profit Paradox","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eA pioneering account of the surging global tide of market power—and how it stifles workers around the world\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eIn 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.\u003c\/p\u003e\n\n\u003cp\u003eDrawing 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.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eThe Profit Paradox\u003c\/em\u003e 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.\u003c\/p\u003e\n\n\u003cp\u003eThe 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.\u003c\/p\u003e\n\n\u003cp\u003eA provocative investigation into how market power hurts average working people, \u003cem\u003eThe Profit Paradox\u003c\/em\u003e also offers concrete solutions for fixing the problem and restoring a healthy economy.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003e'Provocative, ambitious, and pitch-perfect for this moment. Eeckhout shows how the rise of mega-profitable superstar corporations makes us all poorer.' - David Autor, Massachusetts Institute of Technology\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47559050264812,"sku":"9780691214474","price":59.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691214474-the-profit-paradox.jpg?v=1776928487"},{"product_id":"the-profit-paradox-by-jan-eeckhout-9780691224299","title":"The Profit Paradox","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cb\u003eA pioneering account of the surging global tide of market power—and how it stifles workers around the world.\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003eIn 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.\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eThe Profit Paradox\u003c\/i\u003e 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.\u003c\/p\u003e\n\n\u003cp\u003eA provocative investigation into how market power hurts average working people, \u003ci\u003eThe Profit Paradox\u003c\/i\u003e also offers concrete solutions for fixing the problem and restoring a healthy economy.\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'Provocative, ambitious, and pitch-perfect for this moment. Eeckhout shows how the rise of mega-profitable superstar corporations makes us all poorer.' - David Autor, Massachusetts Institute of Technology\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47600157360364,"sku":"9780691224299","price":60.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/fad20189d3ff036ac5446a0d61453fe8.jpg?v=1778021033"}],"url":"https:\/\/bookhero.co.nz\/collections\/jan-eeckhout.oembed","provider":"Book Hero","version":"1.0","type":"link"}