Tagged: Université Paris-Dauphine

Jean Tirole | Photograph by Lydie Lecarpentier - REA - Redux

Jean Tirole: Taming powerful firms

“Wealth acquired by creating value for society is not equivalent to wealth that comes from economic rents. For example, a very important factor in the increasing inequality of wealth in many countries has been the increase in real estate prices. But the owner of a building, unlike the inventor of...