Faculty News

Professor Thomas Philippon explains why the COVID-19 crisis has accelerated the already-growing power of America’s corporate giants

Excerpt from The New York Times -- “'The firms that were the top dogs going into the crisis also happen to have the most resilient business models because they can do everything online,' said Thomas Philippon, a professor of finance at New York University. 'It turns out Amazon was one of the most successful businesses in the U.S., and on top of it, they are the ones who can keep processing orders.'”

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