New York Times Magazine
Robert Eller commented on the post Flawed, Ignorant and Dangerous: A Bain Capital Partner’s Worldview on the Future of Finance blog last week that Edward Conard's book "'Unitended Consequences' may turn out to be the most unintended act of patriotism of the" for the conversations it sparks and lines it draws in the sand on issues of inequality. This has surely proven true on our site this week. Over the week, the blog post John Fullerton wrote on the book has opened up a number of interesting conversations in the comments section.
“At base, having a small elite with vast wealth is good for the poor and the middle class.”
This is how Adam Davidson’s piece in the New York Times Magazine summarized the frustrated former Bain Capital partner Edward Conard’s world view, as expressed in his forthcoming book, Unintended Consequences: Why Everything You’ve Been Told About the Economy is Wrong.