Tue.Jul 25, 2017

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Making Sense of Our Very Competitive, Super Monopolistic Economy

Harvard Business

A company has an innovative idea, which for a while provides competitive advantage. Later on, a new innovator comes along and pushes it aside. In the 1980s and 1990s, Blockbuster modernized the movie rental business. But Zingales fears that this isn’t happening as often as it should. Instead, he argues, the U.S.