RTR3CH3L15 Jan. 2013 Munich, Germany
An illustration picture shows a Google logo with two one Euro coins, taken in Munich January 15, 2013. REUTERS/Michael Dalder (GERMANY - Tags: BUSINESS SCIENCE TECHNOLOGY)
People are not unequal; companies are
October 16, 2015,
In an op-ed for Bloomberg, Peter Oszag explores why some companies are earning such high returns on capital, and asks whether they are just better at what they do, or if they enjoy unwarranted market power. He asks how such issues might tie to the growth in wage inequality.