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 More Quotes by Edward Conard More Quotes From Edward Conard 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 puzzle looking you innovation 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 question think innovation way 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 i-am future understanding Most citizens are consumers, not investors. They don't recognize the benefits to consumers that come from investment. Edward Conard come most investment citizens God didn't create the universe so that talented people would be happy. Edward Conard be-happy god happy people Economics is counterintuitive. It just is. Edward Conard just economics 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 partner media business book Lowering the middle-class tax rate... will likely lower work efforts and increase government dependence. Edward Conard tax will government work 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 immigration growth work class 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 suffer only burden capture 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 capitalism news media party In today's information-driven economy, business and scientific talent constrains growth. Edward Conard talent growth business today 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 choose result productivity growth 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 fight good fighting america 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 you failure success people 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 well important enough country 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 training responsibility people 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 economy decision successful europe I try not to delve too deep into policy. Edward Conard deep too try policy 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 insurance room kid medical
