Quotes by Edward Conard - Page 1

The job of every president is to ride herd over Congress.
Edward Conard /
Herd
Ride
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When rewards go up, people are more inclined to take risks.
Edward Conard /
Rewards
Risks People More
Inclined
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The willingness to take risk is largely a function of wealth.
Edward Conard /
Function
Willingness
Largely
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God didn't create the universe so that talented people would be happy.
Edward Conard /
Be Happy
Talented People
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In today's information-driven economy, business and scientific talent constrains growth.
Edward Conard /
Scientific
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Lowering the middle-class tax rate... will likely lower work efforts and increase government dependence.
Edward Conard /
Dependence
Rate
Work Government Will
Efforts
Lowering
Tax Rate
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Most citizens are consumers, not investors. They don't recognize the benefits to consumers that come from investment.
Edward Conard /
Investment
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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 /
Faster
Immigration
Middle Class
Advocate
Wage
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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 /
Driven
Success Failure People
Motivate
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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 /
Cents
Elsewhere
Purchased
Wastes
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In the 1950s and 1960s, an explosion of great corporate jobs, together with a restricted supply of labor, produced healthy wage growth.
Edward Conard /
Corporate
Labor
Explosion
Produced
Restricted
Supply
Wage
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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 /
Loan
Loss
Bailing
Banks
Dollar
Frankly
No Interest
Quite Frankly
Suffer
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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 /
Burden
Capture
Goods
Offshore
Wages
Workers
Portion
Suffer
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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 /
Decision
Economy
Japan
Relative
Risk-taking
Successful
Lower
Lower Taxes
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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 /
Innovation
Jigsaw
Pieces
Two
Looking
Lot
Find
Jigsaw Puzzle
Match
One Or Two
Puzzle
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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 /
Accounting
Application
Art History
Elizabethan
Programming
Tedious
Workers
Arduous
Employ
Sciences
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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 /
Democratic Party
Millennials
News Media
Polls
Report
Eagerly
Increasingly
Progressives
Reject
Showing
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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 /
Economic Policy
Good Fighting Fight
Andy
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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 /
Defense
Romney
Unintended Consequences
Consequences
Business Partner
Held
Mitt
Mitt Romney
Partner
Published
Unintended
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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 /
Productivity
Workers
Increasingly
Lucrative
Supervise
Wage
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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 /
Investment
Middle Ground
Offers
Real World
Solution
The Real World
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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 /
Loan
Banks
Losses
Nickel
Recover
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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 /
Immigration
Unemployment
Workers
Dial
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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 /
Grows
Inequality
Innovation
Motivated
Pool
Highly
Properly
Trained
Upside
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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 /
Ebay
Google
Japan
Microsoft
Ran
Youtube
Apple
Innovations
Intel
Scarcely
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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 /
Competent
Banks
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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 /
Shortage
Surplus
Takers
Talented People
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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 /
Abundance
Investors
Shortage
Willing
Talented
Opportunities
Talented People
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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 /
Critics
Entitlement
Social Security
Unpopular
Namely
Objective
Scaling
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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 /
Competing
Innovation
Pie
Bernie Sanders
Negotiations
One Percent
Zero-Sum
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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 /
Legal
Consulting
Prominent
Applicable
Authorized
Comply
Counsel
Formed
Regarding
Restore
Transaction
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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 /
Emergency Room
Expenses
Labor
Offshore
Workers
Cheap
Emergency
Per
Insurance
Substantially
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Edward Conard Quotes - Page 1

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