Greg Mankiw recommends my new book, The Upside of Inequality: How Good Intentions Undermine the Middle Class (Portfolio/Penguin). In a knowledge-based innovation-driven economy constrained by properly trained talent and the economy’s willingness to take risk, rather than labor or capital, I recommend recruiting ultra-high-skilled immigrants, containing perennial trade imbalances, and lowering taxes on exporters. Pre-order a copy here. ... Read More
My New Book, “The Upside of Inequality,” Is Here!
Copies of my soon-to-be-released new book The Upside of Inequality: How Good Intentions Undermine the Middle Class arrived today (Penguin, Sept. 13, 2016) and are available for preordered here. In The Upside of Inequality, I argue that if we ignore the true causes of growing income inequality—an abundance of unskilled labor in an economy constrained by properly trained talent and its willingness to take risk—and blame high wage-earners, it will lead to policies that ... Read More
Contrary to liberal claims, CBO concludes that labor participation will drop because of ACA’s subsidies, not from the freedom healthcare exchanges offer
Sadly, many liberals (way too many to name) are heralding a new CBO report that predicts 2.5 million full-time low-wage workers will choose to stop working as a result of increased subsidies they’ll receive from the Affordable Care Act. These advocates mistakenly claim the CBO has concluded that untethering insurance from employment will allow people to make more optimal choices about whether to work. While it’s true that enabling people to gain health insurance from ... Read More
Yale’s The Politic: An Interview with Edward Conard
The Politic - The Yale Undergraduate Journal of Politics "An Interview with Edward Conard" By Adira Levine The Politic: What do you see as the current direction of the economy? There are two kinds of recessions. The most common recessions stem from temporary Keynesian-like lulls in demand. The economy declines briefly and then rebounds back to the prior trend line. A temporary lull in demand can cause permanent damage to the economy. Displaced workers may ... Read More
