Skip to content
Opinion
Barry Ritholtz

Monopolies Alone Don't Explain Why Stocks Soar

There are many reasons share prices can outpace U.S. economic growth.
Not the whole story.

Not the whole story.

Photographer: Scott Olson/Getty Images

Is America becoming a nation of price-fixing, monopolistic rent extractors?

That is the question raised recently in a working paper by a trio of researchers at Brown University. This question is also working its way into the mainstream news media.