# In a Q&A interview, Professor Thomas Philippon shares takeaways from his book, "The Great Reversal"

1 Faculty News February 6, 2020 ![](/sites/default/files/styles/246w/public/assets/images/con_031338.jpg?itok=i0-7fq9g)>

Excerpt from [American Enterprise Institute Blog](https://www.aei.org/economics/how-america-gave-up-on-free-markets-my-long-read-qa-with-thomas-philippon/) -- "How concentrated is corporate power in America today? How big of a problem is this? According to [Thomas Philippon](https://www.stern.nyu.edu/faculty/bio/thomas-philippon), the answers are “more concentrated than in Europe, and more concentrated than any other time in recent American history,” and, more simply, 'yes, it’s a big problem.' Last week on Political Economy, Thomas and I delved into this argument, outlined in his recently released book, The Great Reversal: How America Gave Up on Free Markets."

[Read More](http://www.aei.org/economics/how-america-gave-up-on-free-markets-my-long-read-qa-with-thomas-philippon/)