Edward Conard

Top Ten New York Times Bestselling Author

  • “…a fresh argument for the productive value of inequality.” - David Autor, Professor of Economics, Massachusetts Institute of Technology
Upside of Inequality Unintended Consequences Oxford
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Edward Conard

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The Upside of Inequality Ch. 1

Dollar Shave Club

Dollar Shave Club Wins the All-or-Nothing Lottery

The New York Times’ Steven Davidoff Solomon makes the same point about the success of Dollar Shave Club that I make in the first chapter of my upcoming book The Upside of Inequality: How Good Intentions Undermine the Middle Class. Today, startups can often scale to economy-wide success with little need for capital or investors. For innovators, entrepreneurialism increasingly represents all-or-nothing lotteries. Lottery-like outcomes with large payouts attract more ... Read More


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