Words matter. These are the best Edward Conard Quotes, and they’re great for sharing with your friends.
Most citizens are consumers, not investors. They don’t recognize the benefits to consumers that come from investment.
Because my business partner, Mitt Romney, was running for president when ‘Unintended Consequences’ was published, the media held up my book as a defense of the 1 percent.
Innovation is like looking for pieces in a jigsaw puzzle. You have to find a lot of pieces that don’t match to find the one or two pieces that match.
Making products for $17 an hour that we could have purchased for 75 cents an hour wastes resources that we could have used elsewhere.
I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.
While it’s a shame that more businessmen like Andy Puzder aren’t helping to form America’s economic policy, at least he’s still on the field fighting the good fight.
The job of every president is to ride herd over Congress.
What is competent? Who is it that can adjudicate what is competent or not competent? If the guys that are running the most important banks in our country aren’t competent enough, well then, who is competent enough?
The willingness to take risk is largely a function of wealth.
I am the individual who formed and funded W Spann LLC. I authorized W Spann LLC’s contribution to Restore Our Future PAC. I did so after consulting prominent legal counsel regarding the transaction and based on my understanding that the contribution would comply with applicable laws.
I try not to delve too deep into policy.
As the news media eagerly report on polls showing that millennials increasingly reject capitalism, progressives energetically push the Democratic Party to the left.
You have to motivate people to take almost certain failure to get a small amount of success, which has driven our economy forward.
God didn’t create the universe so that talented people would be happy.
In the 1950s and 1960s, an explosion of great corporate jobs, together with a restricted supply of labor, produced healthy wage growth.
We have to make sure that the banks pay every nickel of loan losses that they create, but we don’t want to hold them responsible for withdrawals if we want the economy to recover.
High-skilled workers increasingly choose lucrative jobs that don’t serve or supervise low-skilled workers. Low-skilled productivity and wage growth has lagged as a result.
To advocate both for more immigration and for faster wage growth for the working and middle class is to work at cross-purposes.
When I look around, I see a world of unrealized opportunities for improvements, an abundance of talented people able to take the risks necessary to make improvements, but a shortage of people and investors willing to take those risks.
When rewards go up, people are more inclined to take risks.
Lesser-skilled workers suffer the entire burden of lower wages but capture only a portion of the benefits from lower-priced offshore goods.
Let’s not kid ourselves about just how cheap offshore labor really is. We not only pay substantially less per hour: we also avoid the costs we would incur if these workers immigrated here. We don’t pay for their medical expenses when they show up in the emergency room without insurance.
When all is said and done, you’re either for investment and risk taking as a solution for what ails the economy, or you’re against it. The real world offers no middle ground.
There are two ways to think about the one percent – the Bernie Sanders way, where we’re all competing for a zero-sum pie where it’s just a question of negotiations. The second way, which is the one I put forward, is no, it’s really innovation in a knowledge-based economy.
The United States ran the table on Internet innovations, creating companies like Google, Facebook, Microsoft, Intel, Apple, Cisco, Twitter, Amazon, eBay, YouTube, and others. Europe and Japan scarcely contributed.
