# Takeaways from Professor Thomas Philippon's book, "The Great Reversal," are highlighted

1 Faculty News January 8, 2020 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](https://www.project-syndicate.org/commentary/digital-economy-ends-free-market-paradigm-by-diane-coyle-2020-01) -- "As the recent global surge of reports on competition policy and digital regulation suggests, the search for possible answers is underway. Unfortunately, academic economics is behind the curve. As [Thomas Philippon](https://www.stern.nyu.edu/faculty/bio/thomas-philippon) remarks in his excellent recent book The Great Reversal, in studying the growing dysfunction of the American economy, 'I was surprised by the gap between economic research and policy.'"

[Read More](https://www.project-syndicate.org/commentary/digital-economy-ends-free-market-paradigm-by-diane-coyle-2020-01)