Big Business - Tyler Cowen
We love to hate the 800-pound gorilla. Walmart and Amazon destroy communities and small businesses. Facebook turns us into addicts while putting our personal data at risk. From sceptical politicians who have said “If a bank is too big to fail, it is too big to exist,” to millennials, only 42 percent of whom support capitalism, belief in big business is at an all-time low. But are big companies inherently malevolent? If business is so bad, why does it remain so integral to the basic functioning of our economies? Economist Tyler Cowen says our biggest problem is that we don’t love business enough. In Big Business: A Love Letter to an American Anti-Hero, Cowen puts forth an impassioned defence of corporations and their essential role in a balanced, productive, and progressive society. He dismantles common misconceptions and untangles conflicting intuitions.