In a market the size of America’s prices should be lower than in other industrialised economies. By and large, they are not. Though American companies now make a fifth of their profits abroad, their naughty secret is that their return-on-equity is 40% higher at home.
Elizabeth Warren Opens Broad Attack Against Rent-Seeking Oligopolists Like Amazon, Apple, Google, Walmart, Comcast | naked capitalism
Posted in Finance & Economics, Public Policy and tagged Economy, Finance, Inequality, Politics, Public Policy, Social Safety Net.