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Why everything youve been told about the economy is wrong. Why everything you've been told about the economy is wrong (2012).
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'unintended consequences' by former bain capital managing director edward conard argues that economic inequality is a good thing rather than a problem.
Why everything you've been told about the economy is wrong (2012). Conard became such a target for liberals with the publication of unintended consequences for his unabashed celebration of massive wealth concentration for successful business people. Why everything youve been told about the economy is wrong; There is no reward without risk; 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: For a book that purports to expose all that's false about economics, edward conard's unintended consequences gets a great deal on economics very wrong.
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He is a visiting scholar at the american enterprise institute. Throughout the book, he rails at regulation, blaming it for the financial crisis and other problems. He sees inequality as a natural consequence of a difference in peoples work ethic, their innovative contribution to economic progress, and what he terms lucky risk taking, by the entrepreneurial and investor classes.
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