Professor Jan Eeckhout on Rising Profits and Bad Consequences
03 February 2022, 6:00 pm–7:15 pm
Prof Jan Eeckhout will talk about his new book The Profit Paradox – How Thriving Firms threaten the Future of Work: see https://www.theprofitparadox.com/. In an era of technological progress, working people should never have had it so good. But wages are stagnant and prices are rising. This is due to a small number of companies exploiting an unbridled rise in market power.
This event is free.
The Profit Paradox describes how a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. The consequences are immense, from unnecessarily high prices, to fewer startups that can compete, to rising inequality and stagnating wages. Jan Eeckhout also offers concrete solutions about how to fix the problem and restore a healthy economy.
- Participation is free for this public event, but we kindly ask that you register using the link provided.
- Chat will be disabled for attendees, but if you have a question for the panel, please submit it into the Q&A box.
- In the second half of the event, we will select as many questions as possible within the time. You will be given the option to unmute yourself to ask the question.
- Attendees will not be able to turn their camera on.
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- This webinar will be recorded and made available on our podcast platform 'UCL Political Science Events'
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