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Download The Upside of Inequality: How Good Intentions Undermine the Middle Class Audiobook

Extended Audio Sample The Upside of Inequality: How Good Intentions Undermine the Middle Class Audiobook, by Edward Conard Click for printable size audiobook cover
0 out of 50 out of 50 out of 50 out of 50 out of 5 0.00 (0 ratings) (rate this audio book) Author: Edward Conard Narrator: Rick Adamson Publisher: Penguin Random House Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date: September 2016 ISBN: 9780735206601
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From the New York Times-bestselling author of Unintended Consequences comes another bold and contrarian book by the man who famously defended capitalism and the one percent at the height of the Occupy movement.
 
Conventional wisdom says income inequality is rising and harmful to nearly everyone, and the rich are to blame. But as Ed Conard shows, anyone who can produce a product valued by the entire economy will find his or her income growing faster than those who are limited by the number of customers they can serve, such as schoolteachers, plumbers, doctors, and lawyers.
 
Consider Taylor Swift, the current queen of pop, who made $64 million in 2014. She earns more because her audience is huge, not because she takes anything away from the tens of millions of fans who happily pay for all those concert tickets, iTunes downloads, and souvenir t-shirts. Her ability to generate value can scale with the economy. The same is true for others who improve the lives of millions, like Facebook founder Mark Zuckerberg and Apple CEO Tim Cook. The growing success of innovators doesn't hurt the rest of the workforce. In fact, the opposite is true--their success increases the demand for our middle and working class labor.
 
Challenging the arguments of liberal economists like Paul Krugman and Joseph Stiglitz, Conard reveals the truth about the income inequality panic. And by drawing on a historical study of the ebbs and flows of our economy, he proposes ways to grow the economy faster, which will benefit everyone on the income spectrum. Download and start listening now!

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Quotes & Awards

  • A New York Times Bestseller
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About the Author

Edward Conard was a partner at Bain Capital from 1993 to 2007. He served as the head of Bain’s New York office and led the firm’s acquisitions of large industrial companies. He sits on several boards of directors, including the boards of Waters Corporation and Sensata Technologies. Prior to Bain, Conard worked for Wasserstein Perella, an investment bank, and Bain & Company, a management consulting firm, where he headed its industrial practice. He is a graduate of Harvard Business School and the University of Michigan.

About the Narrator

Rick Adamson is an award-winning voice artist with more than twenty years’ experience in voiceovers, spoken word events, event announcing, and children’s media, as well as commercials for well-known international corporations. He has narrated numerous television and film documentaries, including Croatia, co-narrated with Martin Sheen. His audiobook narration includes more than two dozen major books, as well as dozens of early-reader titles for juveniles. He won the prestigious Audie Award in 2011 for Best Inspirational/Faith-Based Fiction for In a Heartbeat, and he was among the finalists for the 2006 Audie Award for Best Personal Development/Motivational Work for Younger Next Year. He earned an AudioFile Earphones Award for the ensemble narration of Rough Water.