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
The American Interest Reviews The Upside of Inequality
“In stark contrast to The Crisis of the Middle-Class Constitution, Edward Conard’s The Upside of Inequality...challenges the prevailing assumptions that animate progressive interpretations of inequality.Reading Sitaraman and Conard side-by-side... Conard’s reading of the evidence...is more plausible..." Neil Gilbert The American Interest March 20, 2017 Economic inequality is widely cited as the seedbed of social ills, sprouting plutocracy and corruption, stunting ... Read More
What’s Holding Back U.S. Economic Growth? on Knowledge@Wharton Radio
Ed Conard discusses his new book The Upside of Inequality: How Good Intentions Undermine the Middle Class with Dan Loney on Knowledge@Wharton Radio. ... Read More
