Edward Conard
Associated Press/Photo by Ben Margot

Don’t blame the 1 percent

Books | The success of the wealthiest Americans is an economic asset, not a liability
by Edward Conard
Posted 8/12/17, 01:21 pm

In The Upside of Inequality, a runner-up for WORLD’s 2016 Book of the Year in the Understanding America category, Edward Conard attacks the notion that the richest 1 percent of Americans are causing slower or no wage growth among the rest. He shows how innovators or entertainers who achieve economywide success will multiply their money in comparison with teachers or bus drivers who can’t serve more people than they used to.

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