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
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.