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Edward Conard Quotes
Edward Conard Quotes
Edward Conard
American
Businessman
About
Business
Create
Economy
People
You
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
Peter Drucker
Stephen Covey
Steve Jobs
Warren Buffett
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
You
Innovation
Looking
Jigsaw
Jigsaw Puzzle
One Or Two
Find
Puzzle
Like
Pieces
Match
Lot
Two
Most citizens are consumers, not investors. They don't recognize the benefits to consumers that come from investment.
Edward Conard
Benefits
Recognize
Citizens
Consumers
Investment
Investors
Come
Most
God didn't create the universe so that talented people would be happy.
Edward Conard
God
Be Happy
Happy
People
Universe
Would
Would-Be
Talented
Talented People
Create
Economics is counterintuitive. It just is.
Edward Conard
Economics
Just
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
Business
Book
Partner
Consequences
Defense
President
Running
Percent
Because
Mitt
Mitt Romney
Up
Romney
Held
Business Partner
Unintended
Unintended Consequences
Media
Published
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
Work
Class
Immigration
Faster
More
Both
Advocate
Wage
Middle
Middle Class
Working
Growth
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
News
Capitalism
Party
Increasingly
Progressives
Push
Democratic
Democratic Party
Left
Report
Polls
News Media
Showing
Media
Eagerly
Millennials
Reject
In today's information-driven economy, business and scientific talent constrains growth.
Edward Conard
Today
Business
Talent
Economy
Scientific
Growth
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
Result
Increasingly
Jobs
Supervise
Wage
Workers
Choose
Productivity
Lucrative
Serve
Growth
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
Country
Important
Enough
Our
Running
Guys
Most
Well
The Most Important
Banks
Then
Who
Competent
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
Risks
People
Training
Responsibility
Out
Willing
See
Risk
Take
Takers
Talented
Talented People
Go
Surplus
Get
Shortage
Successful
Need
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
Made
Our
Relative
Risk-Taking
Economy
Been
Very
Japan
Taxes
Successful
Lower
Lower Taxes
Europe
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
Pay
Kid
Ourselves
Would
Per
About
Emergency
Emergency Room
Only
Costs
Cheap
Hour
Also
Without
Insurance
How
Up
Labor
Offshore
Just
Expenses
Substantially
Room
Really
Workers
Show
Avoid
Less
Medical
Here
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
Pay
Every
Responsible
Recover
Economy
Make
Sure
Losses
Want
Banks
Hold
Them
Create
Nickel
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
Entitlement
Focus
Back
Spending
Scaling
Security
Obamacare
Critics
Unpopular
About
Objective
Rather
Generally
True
Namely
Questions
Than
Forget
Republicans
Social
Social Security
Medicare
Raised
Program
In the 1950s and 1960s, an explosion of great corporate jobs, together with a restricted supply of labor, produced healthy wage growth.
Edward Conard
Great
Together
Healthy
Corporate
Jobs
Restricted
Supply
Wage
Labor
Produced
Explosion
Growth
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
Facebook
Internet
Google
YouTube
Twitter
Others
Innovations
Ran
States
Scarcely
Table
Like
Amazon
Intel
Microsoft
Japan
Creating
Europe
Companies
United
United States
Apple
The willingness to take risk is largely a function of wealth.
Edward Conard
Wealth
Willingness
Risk
Take
Function
Largely
When rewards go up, people are more inclined to take risks.
Edward Conard
Risks
People
More
Take
Go
Up
Rewards
Inclined
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
Down
Recognize
More
Dial
Unemployment
Than
Unfortunately
Workers
Among
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