Industry concentration has been rising in the US since 1980. Does this signal declining competition and need for a new antitrust policy? Or are other factors causing concentration to rise? This paper explores the role of proprietary information technology (IT), which could increase the...

Cover -- Half Title -- Title -- Copyright -- Dedication -- Contents -- Preface -- Acknowledgments -- 1 Introduction -- 2 Disruption Lost -- 3 The Superstar Economy -- 4 From Open to Closed Capitalism -- 5 The Automation Paradox -- 6 The Productivity Gap -- 7 Divided Society -- 8 Regulating...