Edward Conard is a visiting scholar at the American Enterprise Institute, where he works on US economic policy — in particular, on the effect of taxes, government policies, and finance on risk-taking and innovation.
A founding member of Bain Capital, Conard was in charge of the New York office and responsible for the acquisitions of large industrial companies. Previously, he worked for Wasserstein Perella & Co., an investment bank that specialized in mergers and acquisitions, and Bain & Company, a management-consulting firm, where he led the firm’s industrial practice.
Conard is the author of the New York Times top-ten nonfiction bestseller "Unintended Consequences: Why Everything You've Been Told About the Economy is Wrong" (Portofolio/Penguin, 2012). Since its publication, he has made more than 150 media appearances and has debated major economists, politicians, and journalists, including Paul Krugman, Joseph Stiglitz, and Jon Stewart.
Conard has a master of business administration degree from Harvard Business School and a bachelor of science degree in engineering from the University of Michigan.
Wrote "Unintended Consequences: Why Everything You've Been Told about the Economy is Wrong," 2008–12
In their new book, House of Debt, Atif Mian and Amir Sufi make a persuasive argument that a decline in consumption caused by a drop in home prices slowed the economic recovery more than a weakened banking system.
Understanding inequality requires proper measurement of both income and consumption, along with an understanding of the ever-changing determinates of income and its distribution. These determinates have changed significantly since the 1950s.