LATEST
Thomas Philippon Claims the US Has Grown Less Competitive Than Europe. Seriously?! I Take Him to Task in My NRO Review of His Book With profits rising, productivity growth slowing, investment middling despite near-zero interest rates, and large competitors gaining market share, proponents of income redistribution insist that an increase in monopoly rents — profits earned by cooperating with competitors to raise prices and restrict output rather than competing honestly with them — has misallocated resources, increased income inequality, and slowed middle- and working-class wage growth. If cronyism increasingly misallocates resources, theoretically policymakers can redistribute income without significantly slowing growth and diminishing prosperity — the proverbial free lunch. Politicians such as Elizabeth Warren insist… Read More
I Take Sides in Taylor Swift’s Fight with Private Equity Over Music Rights on Fox Business Ed Conard take sides in Taylor Swift’s fight with private equity over music rights Fox Business’s “Varney & Co.” Listen to Ed Conard and Stuart Varney's discussion. Read More
Debating What Warren Gets Wrong About Private Equity on FBN’s “Cavuto Coast to Coast” Neil Cavuto and I debate what Elizabeth Warren gets wrong about investors and private equity—investment makes the US middle class 30% more prosperous than their counterparts in Northern Europe. Read More
Defending JPMorgan CEO Jamie Dimon’s $31m Salary on FBN’s Making Money with Charles Payne Charles Payne, Heather Higgins, and I defend JP Morgan Chase CEO Jamie Dimon’s $31 million annual salary on “Fox Business’s Making Money with Charles Payne.” Read More
American Innovation Drives Prosperity in the U.S. and Abroad on Varney & Co I discuss how American innovation is driving economic prosperity for the middle class here in the United States and in Europe on Fox Business’s “Varney & Co.” Read More
The Success of the Most Successful Workers Benefits the Middle Class on Varney & Co. I explain why the success of the most successful workers benefits the middle class on Fox Business’s “Varney & Co.” Read More
Sanders’ and Warren’s Wealth Tax Proposals Will Hurt the Middle Class I explain why Bernie Sanders’ and Elizabeth Warren’s wealth tax proposals will ultimately hurt the middle class. We also discuss Walmart stock performance, WeWork’s delayed IPO and leadership fight, and, surprisingly the strength of my tennis game on Fox Business’s “Varney & Co.” Read More
Warren’s Proposals Will Extract a Heavy Cost From the Middle Class I explain why Elizabeth Warren’s proposals will extract a heavy cost on the middle class on Fox Business’s “Varney & Co.” Read More
Democrats Are Campaigning for European Socialist Policies That Would Hurt the Middle Class on FBN’s Varney & Co David Asman and I discuss how Democrats are campaigning to bring European socialism to America which would slow growth and hurt the middle class. Read More
Debating the Logic Underpinning the Expected Fed Rate Cut on Fox Business’s “Making Money” Charles Payne, David Nelson, and I debate the logic underpinning the expected Fed rate cut on “Fox Business’s Making Money with Charles Payne.” Read More
Ed Conard Responds to Pres. Trump’s Claim That Fed Policy Is Fostering Trade Deficits with China on FBN’s “Varney & Co.” Ed responds to President Trump’s claim that Fed policy is fostering trade deficits with China, on Fox Business’s “Varney & Co.” Read More
A Strong Economy Makes Trump the Favorite to Win in 2020 on Fox Business’s “Varney & Co.” America’s strong economy, driven by President Trump’s pro-growth policies of tax cuts and regulatory restraint, puts him in the best position to win in 2020, on Fox Business’s "Varney & Co." Read More
Joe Scarborough and Ed Conard Debate Pres. Trump’s Immigration Plan on MSNBC’s “Morning Joe” Joe Scarborough and I debate President Trump’s new immigration plan and its emphasis on high-skilled immigration to produce economic growth on MSNBC’s “Morning Joe.” Read More
Matthew Continetti in NRO Analyzes My Proposal on How to Help the Middle Class How to Help the Middle Class by Matthew Continetti for National Review Ed Conard, former business partner of Mitt Romney and author of Unintended Consequences and The Upside of Inequality, appears on the most recent episode of Conversations with Bill Kristol. The interview is worth your time. It arrives at a moment when conservatives are debating what economic policies are best for the middle class. Conard challenges some widespread assumptions and offers intelligent if controversial suggestions. First, like his American Enterprise Institute colleague Michael Strain, Conard says the middle class is neither stagnating… Read More
Debating a Book’s-Worth of Economic Issues on “Conversations with Bill Kristol” I cover a book’s-worth of economic issues in my 90 minute discussion with Bill Kristol on “Conversations with Bill Kristol.” 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