Books by Thomas Philippon

Power corrupts and corporate power is no exception: its effects are bad for consumers, bad for workers and bad for the economy. Here, Belgian American economist Jan Loeys recommends books that look at the economic and political implications of ‘market concentration,’ and explains why we don’t need governments that are pro-business but ones that are pro-market.

Across sectors and around the world fewer and fewer companies dominate the economy, with negative consequences for consumers, workers and the economy as a whole. Here, Oxford economist Howard Smith introduces books on ‘antitrust,’ a key policy tool for ensuring that markets are actually functioning properly in market economies.

As we deal with the economic fallout of coronavirus, what lessons can economic theory and economic history teach us as we navigate the months ahead? Ricardo Reis, professor of economics at the London School of Economics—and consultant to both the Bank of England and the Federal Reserve—recommends four books and one article to help us think through the economic challenges posed by Covid-19.