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Edward Conard

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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 Oxford University Press' United States 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. Conard grew up in the Detroit metropolitan area and graduated from the University of Michigan with a BSE in Operations Research in 1978. He earned his MBA with distinction from Harvard Business School in 1982. Prior to business school, Conard worked as an automotive engineer at Ford Motor Company. 

After graduating, he joined Bain & Company, the Boston-based global management-consulting firm, eventually becoming a vice president and leading the firm's industrial practice. Conard left Bain in 1990 to become a director at Wasserstein Perella & Co., a boutique investment bank. At Wassernstein, he headed the firm's Transaction Development Group.

Conard was a managing director at Bain Capital, the head of Bain's New York office and the leader of its industrial practice. He joined the firm in 1993 prior to the firm raising $300 million of private equity. When Conard retired in 2007, Bain Capital managed $75 billion of capital and had offices in Boston, New York, San Francisco, London, Paris, Tokyo, Hong Kong, Shanghai, and Mumbai. His first acquisition was that of a pharmaceutical company for half a billion dollars. That same company later rose to more than $10 billion in value.

While at Bain Capital, Conard took Waters Corporation, DDI, ChipPac, Innophos, and Sensata public and sat on their boards of directors. He still sits on the board of Waters Corporation. Conard is the author of two top-ten The New York Times bestsellers: Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong and The Upside of Inequality: How Good Intentions Undermine the Middle Class; and a contributor to Oxford University Press' United States Income, Wealth, Consumption, and Inequality. 

He became the tenth most searched author on Google in 2012 after publishing his first book. Conard joined the American Enterprise Institute as a visiting scholar in 2012. His work with AEI focuses on U.S. economic policy - in particular, on the effect of taxes, government policies, and finance on risk-taking and innovation. 

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The Upside of Inequality

Ray Dalio
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