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Andrei S. Markovits

Andrei S. Markovits

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Andrei Markovits is currently the Arthur F. Thurnau Professor and the Karl W. Deutsch Collegiate Professor of Comparative Politics and German Studies at the University of Michigan, Ann Arbor. He is the author and editor of many books, scholarly articles, conference papers, book reviews and newspaper contributions.

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  1. op_eeckhout1_Alex WongGetty Images_bezoslaughing Alex Wong/Getty Images

    Market Power Is Eating the Economy

    Jan Eeckhout

    Today's record-breaking stock-market valuations are largely a reflection of genuine profit-making by a handful of firms that have benefited from new technologies. But those who are currently high on their stock portfolios should know that what's good for business is not always good for the market economy.

    shows how network effects and economies of scale are benefiting dominant firms at the expense of everyone else.
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