Edward Conard

Top Ten New York Times Bestselling Author

  • “…a must-read for serious students of economic policy.” - Glenn Hubbard, Dean, Columbia Business School, and former Chairman of the Council of Economic Advisers
  • “…reminds us that inequality sends a signal of what society lacks most, in America’s case, entrepreneurship and risk taking.” - Lawrence Lindsey, CEO, The Lindsey Group, former Director of the National Economic Council
  • “Unintended Consequences provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading.” - Nouriel Roubini, New York University; Chairman, Roubini Global Economics
  • “…serious thinking for serious thinkers. …a thought-provoking blueprint for growing middle- and working-class incomes.” - Mitt Romney, former Governor of Massachusetts
  • “Unintended Consequences represents the most cogent and persuasive analysis of the Financial Crisis to date.” - Andrei Shleifer, 1999 John Bates Clark Medal Winner
  • “…a fresh argument for the productive value of inequality.” - David Autor, Professor of Economics, Massachusetts Institute of Technology
  • “…challenges misconceptions that distort our economic debates.” - Arthur Brooks, President of the American Enterprise Institute
  • “Unintended Consequences is far smarter and more thought-provoking than most economics written for the general public” - Greg Mankiw, Harvard University, Former Chairman of the Council of Economic Advisors
  • “Unintended Consequences is full of substance, it is one of the must-read books of the year, and once I finish it I will be giving it a second read through right away.” - Tyler Cowen, Professor, George Mason University
  • “There are an amazing number of good ideas and interesting points made in Unintended Consequences. The thinking underlying it, and the obvious depth of understanding of the author, are very impressive.” - Steven Levitt, coauthor of Freakonomics; 2004 John Bates Clark Medal
  • “Unintended Consequences offers deep and well-argued analyses on almost every issue.” - The New York Times
  • “…a fresh argument for the productive value of inequality.” - David Autor, Professor of Economics, Massachusetts Institute of Technology
Upside of Inequality Oxford Unintended Consequences

AI Summary. An analysis of federal aid recipients' tax-reported earnings finds the highest-earning bachelor's programs are concentrated at highly selective schools and in computer science, mathematics and electrical engineering. Nursing programs at several California schools produce graduates earning around $150,000 annually, placing them in the top 100 of nearly 25,000 programs analyzed.

Arfa Momin and Ron Lieber New York Times
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A HEA Group analysis of the earnings of 2018 and 2019 college graduates four years after graduation finds earnings are widely dispersed across schools in higher-earning fields such as computer science and economics and have a narrow dispersion in lower-earning fields such as English and drama.

Which college majors and schools produce the highest-earning graduates?

Core argument: HEA Group’s analysis of nearly 25,000 bachelor’s programs found computer science, mathematics and electrical engineering majors top the earnings list, with graduates of highly rejective schools including the Ivies, M.I.T., Stanford and U.C.L.A. dominating.

HEA Group tracked students who received federal financial aid and graduated during the 2017-18 and 2018-19 periods. The top of the earnings list is dominated by graduates of highly rejective schools — the Ivies and others, like M.I.T., Stanford and U.C.L.A. The majors that top the list are computer science, mathematics and electrical engineering. The income data come from whatever people reported on their federal tax returns. That means certain stock awards and other potential deferred compensation aren’t part of the totals. Nursing programs at a handful of California schools, including California State University, East Bay; San Francisco State University; and Samuel Merritt University, produce graduates earning around $150,000 annually, putting them in the top 100 out of the nearly 25,000 bachelor’s programs the HEA Group analyzed nationwide. They stick out amid quantitative and science majors from institutions like the California Institute of Technology and Cornell.

Takeaways by Macro Roundup® AI

  1. HEA Group’s analysis of nearly 25,000 bachelor’s programs found computer science, mathematics and electrical engineering majors top the earnings list, with graduates of highly rejective schools including the Ivies, M.I.T., Stanford and U.C.L.A. dominating.
  2. Nursing graduates of California State University, East Bay; San Francisco State University; and Samuel Merritt University earn around $150,000 annually, placing those programs in the top 100 amid quantitative and science majors from institutions like the California Institute of Technology and Cornell.
  3. HEA Group tracked federal financial aid recipients who graduated during the 2017-18 and 2018-19 periods, using income reported on federal tax returns, which excludes certain stock awards and other potential deferred compensation.

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