Famous Quotes & Sayings

Edward Conard Quotes & Sayings

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Famous Quotes By Edward Conard

Edward Conard Quotes 1651850

Played out over time, the differences in growth and middle-class prosperity between countries that have decreased incentives (through increased income redistribution) and those that have not are startling. Look at the differences between Europe and the U.S.; East and West Germany; and Communist China versus Hong Kong, Taiwan, and China today. There are enormous and compounding costs to dulling incentives for entrepreneurial risk-taking with few, if any, exceptions. — Edward Conard