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Thomas Philippon

banking regulation, financial regulation, competition in banking, banking concentration, Thomas Philippon
Banking Regulation, Economic Thought, Financial Markets, Recommended Reading

Why There Has Been No Great Reversal in U.S. Banking

Diego Zuluaga/December 10, 2019June 19, 2022

Thomas Philippon’s The Great Reversal is an important book in which he warns of the decline of competition in many U.S. product markets. Not having studied antitrust issues for some time, I will leave criticism of his general thesis—that competition has indeed declined and that this is…

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