The Upside of Inequality
How Good Intentions Undermine the Middle Class
The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success.
Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right.
Now he’s back with another…
$39.00
September 13, 2016
Edward “Ed” Conard is the author of the New York Times top-ten bestselling book Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong (2012), and the upcoming book The Upside of Inequality: How Good Intentions Undermine the Middle Class (Sept 13, 2016). He is a visiting scholar at the American Enterprise Institute. Previously, he was a founding partner of Bain Capital, where he worked closely with his friend and colleague, former presidential candidate Mitt Romney.
In May of 2012, Conard published Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong. The book was featured on the cover of the New York Times Sunday Magazine and went on to become aNew York Times top ten non-fiction bestseller. Because of the publicity surrounding the publication of his book, Conard was the…
The Upside of Inequality
Edward Conard