# In a live interview, Professor Thomas Philippon offers insights into the economic differences between France and the United States, from his forthcoming book, "The Great Reversal"

1 Faculty News September 24, 2019 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](https://www.cnbc.com/video/2019/09/24/american-markets-are-a-mess-and-are-getting-worse-nyu-stern-professor.html) -- "One simple way to look at it is, I came to the US 20 years ago and 20 years ago, internet service, cell phone plans, airline tickets -- all of that was much cheaper here than in France. And today, when you fly around the world, you realize it's the opposite."

[Watch the Video](https://www.cnbc.com/video/2019/09/24/american-markets-are-a-mess-and-are-getting-worse-nyu-stern-professor.html)