The Market power of technology : understanding the second gilded age / Mordecai Kurz.

"The reader may benefit from my explanation of the key turning points in my own thinking, during the six years of research. Ever since my graduate studies at Yale, the quest for a better understanding of the process of economic growth has been an important part of my research. Much of the work...

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Bibliographic Details
Online Access: Full Text (via ProQuest)
Main Author: Kurz, Mordecai (Author)
Format: Electronic eBook
Language:English
Published: New York : Columbia University Press, [2023]
Subjects:

MARC

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100 1 |a Kurz, Mordecai,  |e author. 
245 1 4 |a The Market power of technology :  |b understanding the second gilded age /  |c Mordecai Kurz. 
264 1 |a New York :  |b Columbia University Press,  |c [2023] 
300 |a 1 online resource (xvi, 435 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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504 |a Includes bibliographical references and index. 
520 |a "The reader may benefit from my explanation of the key turning points in my own thinking, during the six years of research. Ever since my graduate studies at Yale, the quest for a better understanding of the process of economic growth has been an important part of my research. Much of the work on economic growth in the post war period was conducted under the assumption of perfect competition. Paul Romer was among those who demonstrated that one cannot study economic growth and technological innovations within the framework of a competitive model of an economy. This observation led him to concentrate on the effects of R&D and intentional inventions on the rate of growth, but my conclusion was different. It led me to the first, central, theme of this book: it follows from the observation that once technological inventions are introduced, firms with different technological knowledge have different market positions and the vision of small, equal opportunity, firms is not applicable"--  |c Provided by publisher. 
588 |a Description based on online resource; title from digital title page (viewed on January 10, 2023). 
505 0 |a Intro -- Table of Contents -- Preface -- Suggested Nontechnical Reading of the Book -- Introduction: Why We Are in a Second Gilded Age and What We Can Do About It -- 1. The Nexus of Market Power, Technology, and Public Policy -- 2. Economic Growth Under the Effect of Market Power -- 3. Monopoly Wealth and Intangible Capital -- 4. Determinants of Market Power in the United States, 1889-2017 -- 5. The Effect of Market Power on the Diffusion of Innovations -- 6. Market Power and Asset Prices, 1950-2019 -- 7. R&D and Technological Competition -- 8. Policy Reform 
505 8 |a 9. Policy to Restrain the Expansion of Market Power -- 10. Taxation, Public Investments, and Redistribution -- Concluding Remarks -- Bibliography -- Index 
650 0 |a Technological innovations  |x Economic aspects  |z United States. 
650 0 |a Monopolies  |z United States. 
650 0 |a Corporate power  |z United States. 
650 0 |a Capitalism  |z United States. 
650 0 |a Wealth  |z United States. 
650 7 |a Capitalism.  |2 fast  |0 (OCoLC)fst00846425 
650 7 |a Corporate power.  |2 fast  |0 (OCoLC)fst00879682 
650 7 |a Monopolies.  |2 fast  |0 (OCoLC)fst01025673 
650 7 |a Technological innovations  |x Economic aspects.  |2 fast  |0 (OCoLC)fst01145010 
650 7 |a Wealth.  |2 fast  |0 (OCoLC)fst01172973 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155 
776 0 8 |i Print version:  |a Kurz, Mordecai.  |t Capital and wealth in the age of technology  |d New York : Columbia University Press, [2022]  |z 9780231206532  |w (DLC) 2022006546 
856 4 0 |u https://ebookcentral.proquest.com/lib/ucb/detail.action?docID=6944108  |z Full Text (via ProQuest) 
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952 f f |p Can circulate  |a University of Colorado Boulder  |b Online  |c Online  |d Online  |e HC110.T4 K87 2023  |h Library of Congress classification  |i web