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Happy New Year From Ed Conard!
Here are a few of my favorite things… The post Happy New Year From Ed Conard! appeared first on Edward Conard.
View ArticleAntitrust Case Against Tech Giants Overlooks Google’s Commercial Click Metric
The WSJ’s Greg Ip presents a balanced view of the antitrust case against Facebook, Google, and Amazon. However, he overlooks the fact that only 6% of Google clicks are commercial where that valuable...
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Productivity Growth Fell Sharply After Democrats Asserted Unencumbered...
Democrats blame workforce demographics for the slow recovery, but productivity growth fell sharply to 0.7% per year after Democrat’s asserted unencumbered control over the government down from 2.5% per...
View ArticleCalvin Coolidge: Determination, Not Genius, Drives Innovation
A quote from Calvin Coolidge in the WSJ reminded me that lone geniuses unmotivated by money do not drive innovation (see The Upside of Inequality, pp. 67-70): “Nothing in this world can take the place...
View ArticleSome Workers Seek Employers Who Will Push Them Harder
The Economist reports on an interesting study about parenting and workforce supervision: “Textbook economics suggests … that in a competitive labour market any attempt to coerce people into working...
View ArticleBroader Skill Set Reduces Share of Women Pursuing STEM
According to the WSJ, a new study in the journal of Psychological Science using PISA data on a half million students from 67 countries finds: “Girls were at least as strong in science and math as boys...
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Long Delays in the Implementation of Innovation
AEI’s Jim Pethokoukis summarizes empirical evidence from McKinsey, MIT’s Erik Brynjolfsson et al., and Capital Economics showing multi-decade-long delays in the full implementation of innovations....
View ArticleNew Study Claims IQ Predicts Job Performance
A new study claims IQ measurements predict two thirds of job performance—both pay and output. While measures of EQ are inherently less precise, EQ seems to predict another 10 to 15%. The study averages...
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Breakdown of Productivity Growth From 1990-2017
This chart shows the breakdown of productivity growth from 1990-2017. The post Breakdown of Productivity Growth From 1990-2017 appeared first on Edward Conard.
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Krugman’s Misleading Scandinavian Comparison
Paul Krugman wrote a misleading post comparing U.S. wages and productivity growth to Scandinavia without admitting that Scandinavia’s test scores are much higher than America’s. Comparing Scandinavia...
View ArticlePaying For The Baby Boomers Without Slowing Growth on Bill Martinez Live
Ed Conard discusses his Wall Street Journal op-ed, “America’s Got Talent, But Not Nearly Enough,” with Bill Martinez on Bill Martinez Live.”...
View ArticleHow Markets Are Reacting to White House Staff Shake Up on Bloomberg TV’s...
Ed Conard discusses how markets are reacting to recent Trump administration exits and his new Wall Street Journal op-ed, “America’s Got Talent, but Not Nearly Enough,” with Betty Liu and Yvonne Man on...
View ArticleRay Dalio Includes “The Upside of Inequality” On His Reading List
Ray Dalio tells Tim Ferriss in a recent interview that Ed Conard’s new book “The Upside of Inequality,” is on his current reading list....
View ArticleI Debate Austan Goolsbee on CNN: Does Trump Deserve Credit For Rising Stock...
Ed Conard debates Austan Goolsbee, former chairman of President Obama’s Council of Economic Advisers, on whether President Trump has contributed to the rising stock market with Michael Smerconish on...
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More High-Skilled Immigration Good For Economy on Fox News Radio’s “Kilmeade...
Ed Conard joins Brian Kilmeade (the day of the solar eclipse) on Fox News Radio‘s “Kilmeade and Friends” to discuss why Trump is right to back skills-based immigration, but fewer green cards would...
View ArticleEd Conard Breaks Down GOP Tax Plan, Financial Markets & the Jobs Report on...
Ed Conard breaks down the GOP tax reform plan with Trish Regan on FBN’s “Intelligence Report.” The post Ed Conard Breaks Down GOP Tax Plan, Financial Markets & the Jobs Report on FBN’s...
View ArticleHigh-Skilled Immigration Is the Only Way to Save America on CNBC’s “Squawk...
Ed Conard discusses skill-based immigration reform with Carlos Quintanilla, Sara Eisen, and Mike Santoli on CNBC’s “Squawk Street.” The post High-Skilled Immigration Is the Only Way to Save America on...
View ArticleDebating My Wall Street Journal Op-Ed on MSNBC’s “Morning Joe”
Ed Conard debates his Wall Street Journal op-ed, “America’s Got Talent, But Not Nearly Enough,” with Joe Scarborough and Mika Brezezinski on MSNBC’s “Morning Joe”. The post Debating My Wall Street...
View ArticleMy New Wall Street Journal Op-Ed: America’s Got Talent, but Not Nearly Enough
In today’s Wall Street Journal, I argue that high-skilled immigration is the only way America can meet the growing cost of retiring baby boomers without growth-killing tax increases that jeopardize...
View ArticleExplaining The Upside of Inequality on BBC Radio’s “Business Matters”
Ed Conard discusses his New York Times best-sellers, Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong,” and “The Upside of Inequality: How Good Intentions Undermine...
View ArticleWithout Big Tech, S&P P/E Is Normal
“Removing [Amazon, Facebook, Google, and Microsoft] from the [S&P] and adjusting for the excess cash that companies hold … reduces the current PE ratio to 16.9. This is much closer to the range...
View ArticleEd Conard Discusses the Economy and Impact of Midterm Elections on Stock...
Ed Conard discusses the state of the economy and the impact of the midterm elections on the stock market with Stuart Varney on Fox Business’s “Varney & Co.” The post Ed Conard Discusses the...
View ArticleRead Former White House CEA Chairman Kevin Hassett’s Interview of Ed Conard...
In National Review, Kevin Hassett, the former Chairman of the Council of Economic Advisers, asks Ed Conard to defend conservative free market capitalism and how it promotes entrepreneurial risk-taking...
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My chapter, “The Economics of Inequality,” joins Saez, Burkhauser, and other...
In my chapter, “Economics of Inequality in High-Wage Economies,” I argue, “Inequality is mostly the result of an increasing premium on returns from risk and high-skilled labor ushered in by...
View ArticleMy Oxford University Press Chapter, “The Economics of Inequality in High-Wage...
Oxford University Press has provided free online access to my chapter, “The Economics of Inequality in High-Wage Economies,” for a limited time in their new book “United States Income, Wealth,...
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