The Upside of inequality : how good intentions undermine the middle class / Edward Conard.

Includes bibliographical references (pages 269-3040) and index.

Conventional wisdom says income inequality is rising and harmful to nearly everyone, and the rich are to blame. But as Ed Conard shows, 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. Well-meaning attempts to decrease inequality will hurt not just the 1%, but everyone else too. 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.