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
My chapter, “The Economics of Inequality,” joins Saez, Burkhauser, and other distinguished economists in Oxford University Press’ new “United States Income, Wealth, Consumption, and Inequality”
In my chapter, “Economics of Inequality in High-Wage Economies," 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 logical outcome when properly trained talent constrains growth. The answer … lies in increasing the ratio of high- to low-skilled workers chiefly by training and recruiting ... 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
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
Democrats Are Campaigning for European Socialist Policies That Would Hurt the Middle Class on FBN’s Varney & Co
David Asman and I discuss how Democrats are campaigning to bring European socialism to America which would slow growth and hurt the middle class. https://edwardconard.wistia.com/medias/6fbonilv0q?embedType=async&videoFoam=true&videoWidth=640 ... Read More
Joe Scarborough and Ed Conard Debate Pres. Trump’s Immigration Plan on MSNBC’s “Morning Joe”
Joe Scarborough and I debate President Trump’s new immigration plan and its emphasis on high-skilled immigration to produce economic growth on MSNBC’s “Morning Joe.” https://edwardconard.wistia.com/medias/uq081761pc?embedType=async&videoFoam=true&videoWidth=640 ... Read More