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
Ed Conard Discusses the Economy and Impact of Midterm Elections on Stock Market on Fox Business’s “Varney & Co”
Ed Conard discusses the state of the economy and the impact of the midterm elections on the stock market with Stuart Varney on Fox Business's "Varney & Co." https://edwardconard.wistia.com/medias/qtplbqkb53?embedType=async&videoWidth=640 ... Read More
Without Big Tech, S&P P/E Is Normal
“Removing [Amazon, Facebook, Google, and Microsoft] from the [S&P] and adjusting for the excess cash that companies hold … reduces the current PE ratio to 16.9. This is much closer to the range typical in ‘normal’ economic times.” https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/looking-behind-the-numbers-for-us-stock-indexes ... 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 ... 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
Explaining The Upside of Inequality on BBC Radio’s “Business Matters”
Ed Conard discusses his New York Times best-sellers, Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong," and "The Upside of Inequality: How Good Intentions Undermine the Middle Class," as well as his latest Wall Street Journal op-ed, “America’s Got Talent, But Not Nearly Enough,” with Jon Bithrey on BBC World Service Radio's "Business Matters." ... 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
