
How Antitrust Failed Workers With Eric Posner
Capitalisn't
Is Concentration a Cause of Wages?
There's a big question of causation here. Is it just that bigger companies are more efficient, and so they can employ workers more productively? Or is it monoony? And i'm not sure i have to assume that concentration inevitably causes huge reductions in wages. What i take from this empirical li literature is, first wall, that consant concentration is ubiquitous. There's noh reasonable evidence that concentration also produces lower s.
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