Edward Conard

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

“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.”

“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.”

“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.”

“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.”

“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.”

“I try not to delve too deep into policy.”

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

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

“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.”

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

“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.”

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

“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.”