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
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
CBS Sunday Morning Features “The Upside of Inequality”
“CBS Sunday Morning” feature on inequality, which includes Hitler, Marie Antoinette, beatings, starving paupers in coffins, Thomas Piketty, and poverty statistics that don’t account for the trillion dollars America spends helping the poor, gives me 20 seconds to defend capitalism. Here are all the things I said that they chose not to use. https://edwardconard.wistia.com/medias/bm46pvbgkl?embedType=async&videoFoam=true&videoWidth=640 ... Read More
Lies, Damned Lies, and Steve Rattner’s Statistics
Lies, Damned Lies, And Steve Rattner’s Statistics If liberal economists could win the economic debate with honest arguments, they would make them. As President Reagan once joked, “Well, the trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so.” In his New York Times op-ed, Steve Rattner adds his name to the list of people willing to compromise their reputation to mislead the American people. No serious ... Read More
Ed Conard Featured in CQ Researcher Report “Inequality in America: Can the Growing Wealth Gap Be Closed?”
CQ Researcher released its latest report “Inequality in America: Can the Growing Wealth Gap Be Closed?” featuring an interview with Ed Conard. Excerpts from the report: On incentivizing risk-taking to grow the economy: Edward Conard, a visiting scholar at the conservative-leaning American Enterprise Institute (AEI), calls the wealth gap an inevitable byproduct of an economy that prospers by rewarding innovators and risk-takers. Before the coronavirus struck, the ... Read More
Predicting How Coronovirus May Impact the Economy on Fox Business
Ed Conard joins Stu Varney to discuss the coronavirus’s potential impact on the U.S. and global economy on Fox Business’s “Varney & Co.” Will the coronavirus send us into a recession? https://edwardconard.wistia.com/medias/8ep53d6wb1?embedType=async&videoFoam=true&videoWidth=640 ... Read More
