LATEST
Frank Hill Reviews The Upside of Inequality for The North State Journal
Review: The Upside of Inequality by Frank Hill for The North State Journal Many people hear the term “income inequality” and think: “We gotta do something to fix that!” Which almost always means pass more legislation and give more power to government officials. Ed Conard, former managing partner of Bain Capital, thinks differently. He sees rising income inequality as a good sign for an economy, not as a negative. As he writes in his eminently readable book, “The Upside of Inequality”: “Rising income inequality is the by-product of an economy… Read More
I Debate the Merits of Capitalism v. Socialism with socialist Jacobin Magazine’s Bhaskar Sunkara on Fox Business’s “Making Money”
I debate the merits of capitalism versus socialism with socialist Jacobin Magazine founder Bhaskar Sunkara on “Fox Business’s Making Money with Charles Payne.” Read More
Harvard Symposium on My Views: “What Advocates of Free Enterprise Can Learn from Populism.”
Watch my Harvard symposium presentation “What Advocates of Free Enterprise Can Learn from Populism.” The symposium was hosted by Professor Harvey Mansfield and Harvard’s Program on Constitutional Government. Harvard Economics Professor Greg Mankiw participated in the discussion. Discussion Q&A Read More
Ed Conard Discusses His NYT bestselling book The Upside of Inequality at Susquehanna University
Ed discusses his top-ten New York Times bestselling book The Upside of Inequality with Matt Rousu, Dean of Susquehanna University’s Sigmund Weis School of Business and students. Discussion Q&A Read More
Dem Socialist Proposals Would Gradually Drag U.S. Growth and Wages to Stagnant European Levels
Socialist policy proposals from 2020 Democratic presidential candidates would irrevocably alter the American economy, gradually dragging it to Europe’s stagnant growth rate and lowering middle-class wages, on Fox Business’s Varney & Co. Read More
Tariff Threats May Be Needed to Negotiate Fair Trade with China on Fox Business’s “Making Money with Charles Payne”
I join Fox Business’s “Making Money with Charles Payne” to discuss how President Trump’s threatened tariffs may be needed to negotiate fair trade with China. Nothing else has worked well. We also discuss the cost of universal basic income’s incentives to work. Read More
Exposing Socialism’s Cost to the Middle Class on Fox Nation’s “Deep Dive”
I expose the cost of socialism to the middle class, its long term effect on economic growth, and whether libertarianism can win elections with the Wall Street Journal’s Mary Anastasia O’Grady. PART 2 Read More
Debating the Impact of GOP Tax Cuts and How They’re Paying for Themselves on Bold TV
Ed Conard joins Bold TV to debate the long term impact of GOP tax cuts on the economy, how they’re paying for themselves, and why they’ll make future generations better off. Read More
Ed Conard Debates Democratic Presidential Candidates’ Growth-Killing Economic Proposals on “Varney & Co.”
Stuart Varney and I debate the growth-killing economic proposals of Democratic presidential candidates Cory Booker and Andrew Yang, as well as Elizabeth Warren’s proposal to restrict oil drilling on public lands, on Fox Business’s Varney & Co. Read More
Successful CEOs Have a Single-Minded Determination to Serve Customers. That’s Not Psychopathy
I debate Rep. Ocasio-Cortez’ claim that billionaires and CEOs have psychopathic tendencies on Fox Business’s “Making Money” with Susan Li. Successful CEOs have a single-minded determination to serve customers more effectively than competitors. Read More
A Strong U.S. Economy is Capitalism’s Best Defense on Fox Business’s “Cavuto: Coast to Coast”
Ed Conard vigorously defends capitalism with David Asman on Fox Business’s “Cavuto: Coast to Coast.” A 3.8% unemployment rate, rising wages, and a 40% stock market increase since President Trump’s election demonstrate the unparalleled success of American capitalism. Read More
My new National Review op-ed explains why CBO expects the tax cut to pay for itself
Is the tax cut expected to pay for itself? Yes — if we use the Congressional Budget Office’s forecast and any economically logical standard, the tax cut makes both current and future generations better off. The CBO now expects the nominal gross domestic product to increase nearly $750 billion more per year by 2020 than in its forecast prior to the tax cut. It originally attributed about one third of that growth to the tax-cut legislation — even by that estimate, the cut more than pays for itself. The CBO… Read More
Read My USA Today Op-Ed: “Tax Cut Law Helps Future Generations”
Tax Cut Law Helps Future Generations A one-time increase in gross domestic product that generations can enjoy for years to come is not a 'sugar high' Borrowing to buy an asset that produces more income than the interest expense makes your children richer. The debt doesn’t make them poorer. Without this basic understanding of finance, deficit hawks can’t distinguish deficit-financed consumption from borrowing that increases the economy’s capacity to pay the interest on the borrowed money, including any resulting increase in the interest rate. The latter makes future generations richer,… Read More
Upside of Inequality Available in Ukrainian!
The Ukrainian translation of my top-ten New York Times bestselling book The Upside of Inequality is now available! Read More
Discussing How The Upside of Inequality Is Faster U.S Economic Growth and Higher Wages on “Varney & Co.”
Stuart Varney and I discuss my top-ten bestselling book The Upside of Inequality on Fox Business’s Varney & Co. What is the upside of inequality? It’s faster U.S. economic growth and American middle-class incomes that are 15 to 30% higher than in Northern Europe and Japan. Read More
HIGHLIGHTS
Ed Conard on Fox & Friends: Why Millions Still Support Trump
Ed Conard joins Brian Kilmeade to discuss his op-ed "What Trump Critics Still Don't Get About Him" on "Fox & Friends." Watch the latest video at foxnews.com Read More
Read My New Fox News Op-Ed: What Trump Critics Still Don’t Get About Him
Edward Conard Fox News January 31, 2018 Democrats wasted no time continuing their nonstop attacks on President Trump after his State of the Union address Tuesday. They insist Donald Trump is the worst president in American history. While President Trump has left himself open to well-deserved criticism, many still don’t understand why he was elected and continues to retain the support of millions of Americans. Here’s why: President Trump shows concern for blue-collar Americans. Most Americans don’t have college degrees and big paychecks. They worry about factories and other businesses leaving… Read More
High-Skilled Immigration Only Viable Way to Finance Rising Entitlement Spending
Stanford Hoover Institute’s John Cogan shows that rising entitlement spending is the chief reason for runaway federal spending. His graph doesn’t show federal taxation, which has hovered around 17% of GDP since the end of the WWII and where it is expected land after the recent tax cut. By claiming only punishingly higher debt or taxes relative to GDP can finance growing entitlements, Cogan overlooks America’s only realistic antidote for growing entitlements—high-skilled immigration. My recently published WSJ op-ed lays out the case for high-skilled immigration as the only viable solution for financing growing entitlement spending. Tellingly, Cogan’s op-ed is juxtaposed… Read More
Upside of Inequality Highlights
The Upside of Inequality highlights: Read More
Carnegie’s Michael Pettis Praises The Upside of Inequality
Thanks, Michael Pettis, for praising my book The Upside of Inequality. "I finally got around to reading Ed's book, a little later than I said I would, but I have a huge reading list. Frankly I expected Upside would mostly be faith disguised as debate, but I was clearly wrong, and found the book to be very thoughtful and intelligently argued. I don't agree with all of it, obviously, but I do agree with much of it and, what is far more important, I agree with an approach that tries… Read More
Ed Conard Debates Grover Norquist on the Economics of the Republican Tax Plan
Ed Conard debates Grover Norquist, president of Americans for Tax Reform, on the economics of the Republican tax plan with Charles Payne on Fox Business News "Making Money." Read More
My New Wall Street Journal Op-Ed: America’s Got Talent, but Not Nearly Enough
In today's Wall Street Journal, I argue that high-skilled immigration is the only way America can meet the growing cost of retiring baby boomers without growth-killing tax increases that jeopardize America’s future in an increasingly dangerous world. Read the op-ed here and below. America’s Got Talent, but Not Nearly Enough Trump is right to back skills-based immigration. But fewer green cards would defeat the purpose. President Trump has proposed cutting the number of green cards issued each year from one million to 500,000 and issuing them based on skill levels. This approach… Read More
Debating My Wall Street Journal Op-Ed on MSNBC’s “Morning Joe”
Ed Conard debates his Wall Street Journal op-ed, "America's Got Talent, But Not Nearly Enough," with Joe Scarborough and Mika Brezezinski on MSNBC’s “Morning Joe”. Read More
More High-Skilled Immigration Good For Economy on Fox News Radio’s “Kilmeade & Friends”
Ed Conard joins Brian Kilmeade (the day of the solar eclipse) on Fox News Radio's "Kilmeade and Friends" to discuss why Trump is right to back skills-based immigration, but fewer green cards would defeat the purpose. Listen here. Read More
I Debate Austan Goolsbee on CNN: Does Trump Deserve Credit For Rising Stock Market?
Ed Conard debates Austan Goolsbee, former chairman of President Obama's Council of Economic Advisers, on whether President Trump has contributed to the rising stock market with Michael Smerconish on CNN's "Smerconish." Read More
Andy Puzder Reviews The Upside of Inequality
"Edward Conard’s The Upside of Inequality is one of those rare books. Conard refreshingly places the credit for economic prosperity where it belongs: On the willingness of innovators, entrepreneurs and investors to assume risk and on the availability of properly trained talent to turn risk into success..." Andy Puzder RealClearPolitics April 27, 2017 It’s a rare pleasure when a book on economic theory discusses how our economy actually works. Edward Conard’s The Upside of Inequality is one of those rare books. Conard refreshingly places the credit for economic prosperity where it… Read More
Trump’s First 100 Days, Bold Tax Cut Plan & More on Bloomberg TV’s “Daybreak Asia”
Ed Conard discusses President Trump's first 100 days, bold tax cut proposal, and more with Betty Liu on Bloomberg TV's "Daybreak Asia." Read More
The Case for a Border Tax on CNBC’s “Squawk Box”
Ed Conard debates tax reform and trade policy with Andrew Ross Sorkin, Joe Kernen, and Becky Quick on CNBC's "Squawk Box." Read More
Scott Winship Reviews “The Upside of Inequality” on Real Clear Politics
"Ed Conard’s voice is a much-needed injection of fresh thinking..." Scott Winship RealClearPolitics February 18, 2017 On the day Facebook went public in 2012, Mark Zuckerberg made $2.3 billion from the exercise of his company stock options. That amount represented the difference between the cost to public investors for 60 million shares in the social media giant and what Zuckerberg had been given the right to pay as part of his compensation package in 2005. Later that year, Zuckerberg sold about half of those shares to pay taxes on the… Read More
Commentary Magazine Reviews The Upside of Inequality
"The Upside of Inequality is a well-written, thought-provoking book. It will be invaluable to anyone who wants a clear-eyed look at the country’s economic problems and their possible solutions." John Steele Gordon Commentary Magazine January 15, 2017 Liberals are always finding crises that must be addressed immediately through government action. A couple of years ago they declared a civil-rights jihad on behalf of the transgendered, a group so few in number that my three-year-old spellchecker doesn’t have the word in its dictionary. In economics, the increase in income and asset inequality… Read More