Edward Conard

Top Ten New York Times Bestselling Author

  • “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
Upside of Inequality Unintended Consequences Oxford

Private Equity

Equity, Not Inflation, Drives Innovation and Growth

Real Clear Politics By Edward Conard | November 27, 2013 It has finally dawned on left-leaning economists like Paul Krugman and Larry Summers that the U.S. economy is not suffering from a temporary lull in demand but rather from a structural problem that yields slower growth from a permanently lower base. If this economic outlook is correct, and there is plenty of evidence that it is, there is little reason for Keynesian stimulus, which sacrifices long-term growth to ... Read More

What Obama Didn’t Learn From the 1990s

The Wall Street Journal By Edward Conard | August, 2012 With the prospects for a postrecession economic rebound fading, it has grown increasingly obvious that the United States must eventually raise taxes or cut spending. President Obama claims we can raise taxes on those earning over $250,000, to avoid spending cuts with little, if any, effect on growth because growth was faster in the 1990s and in the 1950s and '60s when marginal income-tax rates were ... Read More

“Big Think” interview on the success of Bain Capital

"The Bain Capital Way: Create as Much Value at the Lowest Cost as Fast as You Can" Daniel Honan | July 5, 2012, What's the Big Idea? If you’re in a horse race--and that’s how Bill Bain would describe private equity--you don't try to teach the lamest horse how to run. Instead, you pick a thoroughbred and teach it how to compete more successfully against the competition. Private equity firms look to engineer growth, introduce new products, reorganize or change a ... Read More