Book by Frank Robert H Cook Philip J
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The emergence of winner-take-all-markets, with few winners and many losers, has transformed the US economy. The authors of this book conclude that this has resulted in income inequality, overcrowding in some areas and increased cultural conformity, and suggest policies for reversing this trend.
In this pathbreaking book, the subject of considerable pre-publication, two distinguished economists draw attention to an important and disturbing new trend that has dramatically transformed our economy in the last two decades: the spread of "winner-take-all" markets, where marginal differences in performance translate into huge differences in reward.
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