Episode 2: "Unintended Consequences" with Ed ConardJuly 10, 2012 at 12:04pm
Welcome to Ricochet's Money & Politics Podcast with me, Jim Pethokoukis, columnist and blogger at the American Enterprise Institute and official CNBC Contributor.
In this week's episode, I chat 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
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 blog
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