Brian Albrecht on Business Dynamism, Greedflation, and Antitrust
Macro Musings with David Beckworth
Market Structure and Business Dynamism
This chapter examines the intricate interplay between market power, business dynamism, and industry trends, highlighting a decline in new firm creation alongside rising markups. It discusses potential causes for this decline, including demographic shifts and regulatory impacts, while analyzing the complex relationship between concentration and competition across various sectors.
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