Edward Conard

Top Ten New York Times Bestselling Author

  • “…reminds us that inequality sends a signal of what society lacks most, in America’s case, entrepreneurship and risk taking.” - Lawrence Lindsey, CEO, The Lindsey Group, former Director of the National Economic Council
Upside of Inequality Unintended Consequences Oxford

Rising Prosperity Shrinks Middle Class

AEI’s Mark Perry highlights the same dynamic I identified in the Upside of Inequality (pp.157-161): the middle class is “shrinking” because more families are moving into higher income brackets.

Rising Prosperity Shrinks Middle Class

http://www.aei.org/publication/yes-the-us-middle-class-is-shrinking-but-its-because-americans-are-moving-up-and-no-americans-are-not-struggling-to-afford-a-home