Sophia Lee & Marvin Olasky
World Magazine
March 8, 2017
“Conard attacks the notion that the richest 1 percent of Americans are causing slower or no wage growth among the rest. He shows how innovators or entertainers who achieve economywide success will multiply their money in comparison with teachers or bus drivers who can’t serve more people than they used to. Knowledge-based startups with little need for capital have become all-or-nothing lotteries. Poor education holds down many, and low-skilled immigration slows wage growth. Mitigating inequality is not the solution: “The single biggest improvement America could make to grade school education is firing incompetent teachers. To make improvements, we simply have to run schools on behalf of students, and not teachers...”