Ricochet Money & Politics podcast: Earlier today, I chatted with Edward Conard, a former executive at Bain Capital and author of Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong. Conard explains why the U.S. economy needs the “one percent” — and the innovation and entrepreneurship they generate — as well as why the Obama-Dodd-Frank approach to fixing the financial system has only made things worse.
And once you’re done listening to the podcast, you should check out Conard’s legendary appearance on The Daily Show with Jon Stewart.
Here are some links to reviews of Unintended Consequences and other materials related to the book and our chat:
“Please Don’t Soak the Rich” – Wall Street Journal
“The Purpose of Spectacular Wealth, According to a Spectacularly Wealthy Guy” – New York Times
Piketty and Saez vs. Burkhauser and Cornell: Who’s right on income inequality and stagnation? – James Pethokoukis, AEIdeas blog
Looking backward: The nostalgia economics of Barack Obama – James Pethokoukis, AEIdeas blo
