Top 34 Quotes & Sayings by Edward Conard

Explore popular quotes and sayings by an American businessman Edward Conard.

Last updated on December 21, 2024.

Edward W. Conard is an American businessman, author and scholar. He is a New York Times-bestselling author of The Upside of Inequality: How Good Intentions Undermine the Middle Class and Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong; and a contributor to Oxford University Press' United States Income, Wealth, Consumption, and Inequality. Conard is an adjunct fellow at the American Enterprise Institute for Public Policy Research. Previously, he was a managing director at Bain Capital, where he worked closely with former presidential candidate Mitt Romney.

American - Businessman

Source: Wikipedia

The job of every president is to ride herd over Congress.

Edward Conard

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.

Edward Conard

In today's information-driven economy, business and scientific talent constrains growth.

Edward Conard

To advocate both for more immigration and for faster wage growth for the working and middle class is to work at cross-purposes.

Edward Conard

You have to motivate people to take almost certain failure to get a small amount of success, which has driven our economy forward.

Edward Conard

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.

Edward Conard

What is the upside of inequality? I would say that it's a deep pool of properly trained, highly motivated talent that is endeavoring to create innovation that grows our knowledge-based economy.

Edward Conard

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.

Edward Conard

We have made a decision in our economy to lower taxes on successful risk-taking and have been very successful relative to Europe and Japan.

Edward Conard

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.

Edward Conard

Republicans' focus on defunding or scaling back Obamacare - an unpopular entitlement program - rather than entitlements generally, namely Social Security and Medicare, has raised questions about their true objective. But critics forget that spending is fungible.

Edward Conard

Talented people have a responsibility to get the training they need to be successful risk takers and go out there to take risks. What I see is surplus of talented people and a shortage of people willing to take the risks.

Edward Conard

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.

Edward Conard

I try not to delve too deep into policy.

Edward Conard

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.

Edward Conard

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.

Edward Conard

The willingness to take risk is largely a function of wealth.

Edward Conard

Most citizens are consumers, not investors. They don't recognize the benefits to consumers that come from investment.

Edward Conard

God didn't create the universe so that talented people would be happy.

Edward Conard

Economics is counterintuitive. It just is.

Edward Conard

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.

Edward Conard

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.

Edward Conard

Unfortunately, we have to dial down low-skilled immigration. We have to recognize that there is more unemployment among the lesser-skilled workers than among the most-skilled workers.

Edward Conard

When rewards go up, people are more inclined to take risks.

Edward Conard

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.

Edward Conard

In the 1950s and 1960s, an explosion of great corporate jobs, together with a restricted supply of labor, produced healthy wage growth.

Edward Conard

As the news media eagerly report on polls showing that millennials increasingly reject capitalism, progressives energetically push the Democratic Party to the left.

Edward Conard

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.

Edward Conard

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.

Edward Conard

Lesser-skilled workers suffer the entire burden of lower wages but capture only a portion of the benefits from lower-priced offshore goods.

Edward Conard

Making products for $17 an hour that we could have purchased for 75 cents an hour wastes resources that we could have used elsewhere.

Edward Conard

Art history and Elizabethan poetry don't employ workers; the arduous and tedious application of business sciences such as computer programming and accounting does.

Edward Conard

Lowering the middle-class tax rate... will likely lower work efforts and increase government dependence.

Edward Conard

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?

Edward Conard

Top 34 Quotes & Sayings by Edward Conard

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