Read The Upside of Inequality: How Good Intentions Undermine the Middle Class by Edward Conard Online
[Edward Conard] Å The Upside of Inequality: How Good Intentions Undermine the Middle Class ✓ Download Online eBook or Kindle ePUB. The Upside of Inequality: How Good Intentions Undermine the Middle Class Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. 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
| Title | : | The Upside of Inequality: How Good Intentions Undermine the Middle Class |
| Author | : | |
| Rating | : | 4.99 (734 Votes) |
| Asin | : | 1595231234 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2014-03-06 |
| Language | : | English |
Previously, he was a founding partner at Bain Capital, where he worked closely with former presidential candidate Mitt Romney.. He is a visiting scholar at the American Enterprise Institute. Ed Conard is the author of two top ten New York Times bestselling books: The Upsi
Readers of all political persuasions will benefit from this highly-informative book.” —Arthur Brooks, president of the American Enterprise Institute “This provocative new book by Ed Conard is a must-read for serious students of economic policy. Whether you agree or not, this is serious thinking for serious thinkers.” —Mitt Romney, former Governor of Massachusetts . His solutions are sensible and all the more compelling in the context of this paean to risk-taking.” —Glenn Hubbard, dean of Columbia Business School and former chairman of the Council of Economic Advisers “Conard makes a fresh argument for the productive value of inequality, which is that scarce entrepreneurial effort and risk-tolerant capital are the resources that are both most central to economic growth and most sensitive to the potential distortions imposed by taxation and regulation. I rarely see economic analysis as insightful a
Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. 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. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only sl
Solid informative read A friend recommended this book to me after he got his hands on an advance copy. He loved it, but honestly, I was reluctant to read it. I expected it to be either overly academic or politically slanted, but it was neither. I think I have a much better understanding of the modern economy having read it.The author takes the time to explain how mu. Brilliant Sythesis brilliant synthesis. Informative Amazon Customer I haven't made it halfway through yet, but I have gained so much understanding of how complicated monetary policy is. Changing my mind in several areas already.
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