The Profit Paradox. How Thriving Firms Threaten the Future of Work
Princeton University Press, June 2021.
Visit www.TheProfitParadox.com for more information and for the data used in the book. Here are some opinions:
"Provocative, ambitious, and pitch-perfect for this moment. Eeckhout shows how the rise of mega-profitable superstar corporations makes us all poorer.” — David Autor, MIT
“A vivid, comprehensive account of the causes and consequences of the recent rise of market power written by a world-renowned expert in the field, The Profit Paradox combines deep economic insight with examples from everyday life that will captivate nonspecialist audiences as much as economists.” — Pinelopi Goldberg, Yale University, former Chief Economist of the World Bank
“The Profit Paradox is a timely and valuable addition to the national conversation on monopolies and competition. Jan Eeckhout does a masterful job of linking long-running macroeconomic trends to the lives of individual workers and consumers. The book is one of the first clear and engaging explanations of how many of the most problematic features of the modern economy are causally related.” — Fiona Scott Morton, Yale University