Charles Payne, David Nelson, and I debate the logic underpinning the expected Fed rate cut on “Fox Business’s Making Money with Charles Payne.” https://edwardconard.wistia.com/medias/ll6ffsiv0y?embedType=async&videoFoam=true&videoWidth=640 ... Read More
One Reason GDP Growth Accelerated Under Trump
One reason why real (peak-to-peak) GDP growth has accelerated from 1.5% per year during the Obama Administration to 3.3% per year under the Trump Administration. ... Read More
New Study Finds Mortgage-Backed Bonds Issued Pre-Crisis Were Properly Rated
A new study published by the NBER examines the losses suffered by AAA-rated mortgage securities issued in the lead up to the financial crisis. The study finds: “Total cumulated losses [on AAA-rated securities] up to 2013 are under six percent. … The subprime AAA-rated RMBS did particularly well. … [The] returns on AAA RMBS strike us as rather reasonable, and unlikely to have thrown the financial system into the abyss. … Together, these facts call into question the ... Read More
Ray Dalio Includes “The Upside of Inequality” On His Reading List
Ray Dalio tells Tim Ferriss in a recent interview that Ed Conard’s new book “The Upside of Inequality,” is on his current reading list. Listen to the full interview here. ... Read More
The Upside of Inequality Is WORLD Magazine’s 2016 Book of the Year Runner-Up
Sophia Lee & Marvin Olasky World Magazine March 8, 2017 "Conard attacks the notion that the richest 1 percent of Americans are causing slower or no wage growth among the rest. He shows how innovators or entertainers who achieve economywide success will multiply their money in comparison with teachers or bus drivers who can’t serve more people than they used to. Knowledge-based startups with little need for capital have become all-or-nothing lotteries. Poor ... Read More
Trumponomics After First 100 Days on BBC Radio
Ed Conard debates President Trump's first 100 days with Kamal Ahmed, BBC's economics editor, and the Financial Times's Lex editor Robert Armstrong on BBC's "World Service Radio". ... 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 ... Read More