The New Era of Wealth

by Brian S. Wesbury

Book Overview

A chief economist cuts through the clutter, isolating the five key trends investors must understand to build a new era portfolio rich with stocks, bonds, real estate, commodities, and more. 10... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071351809
• ISBN13: 9780071351805
• Release Date: October 1999
• Publisher: McGraw-Hill Companies
• Length: 199 Pages
• Weight: 2.10 lbs.
• Dimensions: 0.9" x 6.2" x 9.3"

Customer Reviews

A major work

This book is filled with the kind of solid, cogent analysis too often missing from today's economic discussions. Wesbury makes his case and makes it clearly, and recent economic facts have borne him out (just read the book and see how right he is). A major work that contains so much more relevant analysis than you'll get from any bank economist. George Gilder is right about Wesbury's book - it's a triumph!

A Must Read If You Invest

I found the book to be extremely well researched, easy to read and understand, as well as factual in its thesis that we have entered a "new era" of economic growth in which the old rules of economic measurements (such as the Phillips curve)are outdated and erroneous. He provides the reader with the five elements or trends that have contributed to the economic phenomenon America has experienced the last four years (1996-1999) in which the country has seen remarkable growth with very little inflation. He cites much economic history to prove his point. His thesis, which I believe is correct, is that America has indeed entered a new era of long economic prosperity, and those who understand what is making this happen, can profit. I highly recommend it as a must read for anyone who has money in any kind of investments. It's an excellent forecast on what America's future over the next few years will be, as well as an accurate education in fundamental economics. It also accomplishes this in a way that makes the book interesting to read--which for a book on economics--is out of the ordinary!

Compulsory Reading

BRAVO....EXCELLENT...FIVE STARS... This book should be made mandatory reading for all FED officials and those running for political office in 2000. It is a book well written and easily understood by average investors like myself. As a small business owner, I was impressed by Wesbury's willingness to address and attack such matters as the current rising interest rates being imposed upon us by the FED. The author points out this is at a time in American economics when the FED should be using new economic models which are applicable today, instead of models from bygone eras that are no longer valid. Wesbury compares the similarities of the Industrial Revolution to what is taking place today. In no uncertain terms, he addresses the facts and backgrounds to what really is driving our booming economy today...HIGH TECH and SMALL BUSINESSES! This is an excellent book and one worthy of reading at home, business and definitely in enonomic classes of our academic institutions.

New Era of Wealth

This book is a must read for the young investor. It outlines incredible ways to invest smartly paying attention only to the things that really matter. I would highly encourage any investor reguardless of their background, to read this book before they invest another dime.

Terrific Book!

Although I may be considered biased, I still want to say that Brian clearly makes the case for the New Era! Investors should listen- politicians, too.