1 hr 5 min
240. From Capitalism To Talentism - Today’s Key Competitive Advantage feat. Edward Conard unSILOed with Greg LaBlanc
-
- Business
In recent decades there has been a major restructuring of the economy from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields which increases the demand for high skilled workers. But why is it, that the US is producing a lot more innovation than other parts of the world?
Edward W. Conard is an American businessman, author, and scholar. He is a New York Times-bestselling author of The Upside of Inequality: How Good Intentions Undermine the Middle Class and Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong; and a contributor to the book Income, Wealth, Consumption, and Inequality. Conard is an adjunct fellow at the American Enterprise Institute for Public Policy Research. Previously, he was a managing director at Bain Capital, where he worked closely with former presidential candidate Mitt Romney.
Edward and Greg talk about how information technology led to increased productivity and how the vast majority of the benefits generated by these technological advances go to the consumers and only a tiny fraction is captured by the people that are in the business of producing it. They also discuss why the argument that the middle class is being hollowed out is wrong, and Edward’s strategy for increasing wages for the middle and working classes.
In recent decades there has been a major restructuring of the economy from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields which increases the demand for high skilled workers. But why is it, that the US is producing a lot more innovation than other parts of the world?
Edward W. Conard is an American businessman, author, and scholar. He is a New York Times-bestselling author of The Upside of Inequality: How Good Intentions Undermine the Middle Class and Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong; and a contributor to the book Income, Wealth, Consumption, and Inequality. Conard is an adjunct fellow at the American Enterprise Institute for Public Policy Research. Previously, he was a managing director at Bain Capital, where he worked closely with former presidential candidate Mitt Romney.
Edward and Greg talk about how information technology led to increased productivity and how the vast majority of the benefits generated by these technological advances go to the consumers and only a tiny fraction is captured by the people that are in the business of producing it. They also discuss why the argument that the middle class is being hollowed out is wrong, and Edward’s strategy for increasing wages for the middle and working classes.
1 hr 5 min