In National Review, Kevin Hassett, the former Chairman of the Council of Economic Advisers, asks Ed Conard to defend conservative free market capitalism and how it promotes entrepreneurial risk-taking that has grown middle-class incomes faster than Europe. Five Questions for Ed Conard National Review Online August 21, 2020 1) Many liberals claim capitalism no longer works for the middle and working class. Is it true? No. According to the Congressional Budget ... Read More
My Oxford University Press Chapter, “The Economics of Inequality in High-Wage Economies,” Is Available Free Online
Oxford University Press has provided free online access to my chapter, “The Economics of Inequality in High-Wage Economies,” for a limited time in their new book “United States Income, Wealth, Consumption, and Inequality.” In the chapter, I argue, “Inequality is mostly the result of an increasing premium on returns from risk and high-skilled labor ushered in by technological disruption and the feedback loop of elite talent working to increase their own productivity—a ... Read More
Ed Conard Debates Poverty and Inequality at Susquehanna University
Ed Conard debunks myths about poverty and debates the ways U.S. policymakers can maximize middle and working- class incomes with Washington University in St. Louis's Professor of Social Welfare Mark Rank. The discussion was moderated by Matt Rousu, Dean of Susquehanna University’s Sigmund Weis School of Business and students. https://edwardconard.wistia.com/medias/bbc1vzgvi2?embedType=async&videoFoam=true&videoWidth=960 ... Read More
Ed Conard Discusses His Oxford University Chapter at Harvard’s Program on Constitutional Government
Ed Conard recently joined Harvard’s Harvey Mansfield to discuss his Oxford University Press chapter, “The Economics of Inequality in High-Wage Economies,” at Harvard University’s Program on Constitutional Government. The video, audio, and text of his speech and the Q&A session are available below. 14 Questions for Ed Conard ... Read More
Praise for my Oxford University Press chapter, “The Economics of Inequality”
San Antonio Express columnist Michael Taylor praised my chapter, “The Economics of Inequality,” in Oxford University Press’ new “United States Income, Wealth, Consumption, and Inequality.” "In Chapter 10, Edward Conard makes the case for what I think of as the Mitt Romney — or previously orthodox Republican — view of economic policy. If we are unequal, Conard asks, what explains it? Is it unfair crony capitalism? Or is it from innovation and gains to productivity? ... Read More
My chapter, “The Economics of Inequality,” joins Saez, Burkhauser, and other distinguished economists in Oxford University Press’ new “United States Income, Wealth, Consumption, and Inequality”
In my chapter, “Economics of Inequality in High-Wage Economies," I argue, “Inequality is mostly the result of an increasing premium on returns from risk and high-skilled labor ushered in by technological disruption and the feedback loop of elite talent working to increase their own productivity—a logical outcome when properly trained talent constrains growth. The answer … lies in increasing the ratio of high- to low-skilled workers chiefly by training and recruiting ... Read More
Official Stats Overstate Poverty by Measuring Before $1T in Government Spending on “Just the News”
Ed explains that official statistics overstate poverty by measuring it before $1 trillion of government spending. So employment gains appear to have an exaggerated effect on reducing poverty and inequality. ... Read More
