John Cochrane questions the accuracy of Keynesian economics by showing the failure of the Fed’s and CBO’s Keynesian models to accurately forecast the slow recovery. He ends a blog post by asking, “…the question of the day really should be why we have this slump -- which, let us be honest, no serious forecaster expected.” I take exception. Here are excerpts from my book, Unintended Consequences: On the structural nature of the recession: “Investors and consumers have ... Read More
Ed Conard speaking at the UP Experience
Ed explains the success of his book and how the U.S. became the most powerful economy in the world. Edward Conard: Unintended Consequences from The UP Experience ... Read More
Ed Conard’s interview with the Heritage Foundation
Edward Conard spent 14 years as a partner at Bain Capital, the most scrutinized company in America. But these days, he’s in the news for another reason. As the author of “Unintended Consequences,” Conard has challenged the conventional wisdom about the U.S. economy and outlined ideas that have resulted in scorn from the New York Times and Jon Stewart. Conard visited Heritage this week to share his perspective at The Bloggers Briefing. He also sat down for an interview ... Read More
Ira Stoll’s review in “Future of Capitalism”
Mitt Romney's private equity firm, Bain Capital, has been in the news lately because of the Republican presidential candidate's record there, which is being attacked by President Obama. But Mr. Romney turns out not to be the only participant in the public policy debate these days with a Bain Capital pedigree. Edward Conard was a Bain Capital partner from 1993 to 2007, headed its New York office, and is out with a new book, Unintended Consequences: Why Everything ... Read More
Businessweek review by Roger Lowenstein
With his bashing of private equity, Barack Obama has given Mitt Romney a huge opening. Edward Conard, Romney’s friend and former partner at Bain Capital, is eagerly seizing that opportunity with his manifesto for private investment, Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong. Conard is eloquent and passionate about the virtue of investment and even the merits of America’s trade deficit. He’s the ideal guy to challenge post-crash ... Read More
Read Ed’s Interview with American Enterprise Institute Magazine
Innovation, Risk, and the ‘Most Hated Book of the Year’ By Nick Schulz Wednesday, May 23, 2012 Edward Conard argues that in the wake of the commercialization of the Internet, the structure of our unrealized investment opportunities has changed dramatically. Editor’s note: Edward Conard is the author of “Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong.” It’s a book that the New York Times has said ... Read More
Romney’s Former Partner: Mitt Has ‘Deep Understanding’ of Economy
Newsmax Sunday, 13 May 2012 10:15 PM By Andra Varin and John Bachman Mitt Romney understands how the economy works and he is ready to focus on long-term growth by encouraging private investment in innovation, author Ed Conard told Newsmax TV. Conard, a former partner in Romney’s Bain Capital, is the author of “Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong.” In the book, he argues that the Obama administration has discouraged ... Read More
