The author of the New York Times bestselling book "Unintended Consequences: Why Everything You've Been Told about the Economy is Wrong" (Portofolio / Penguin, 2012), Edward Conard was formerly a partner at Bain Capital, where he led the firm's acquisition of large industrial companies. Earlier, Conard worked for Wasserstein Perella & Co., an investment bank specializing in mergers and acquisitions. He also worked for the management consulting firm Bain & Company, where he headed their industrial practice, as well as Ford Motor Company, where he worked as a product and manufacturing engineer. At AEI, Conard will continue his work on US economic policy - in particular, on the effect of taxes, government policies, and finance on risk-taking and innovation.
Wrote New York Times bestseller, "Unintended Consequences: Why Everything You've Been Told about the Economy is Wrong," 2008-12
It has finally dawned on left-leaning economists like Paul Krugman and Larry Summers that the U.S. economy is not suffering from a temporary lull in demand but rather from a structural problem that yields slower growth from a permanently lower base.
As the budget and debt ceiling-standoff continues in Washington, many are asking the wrong question: Which party will pay a political price for the government shutdown? Democrats are comparing Republicans to “hostage-takers”; Republicans complain that Democrats refuse to negotiate.