The Price of Prosperity: A Realistic Appraisal of the Future of Our National Economy

Peter L. Bernstein


In Circulation

One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold,

and The Price of Prosperity which have forewords by financial luminaries and new introductions by the author you can enjoy some of the best of Bernstein in his earlier Wall Street days. First published in 1962, The Price of Prosperity speaks to today's uncertainties as clearly as to those of the past. With chapters like "The Burden of Government" and "The Economics of Democracy,

" Bernstein probes the future of an economy during rapidly changing times and the appropriate role of government in determining the ultimate outcome. The questions have not changed over time, but Bernstein's answers help us understand these issues from today's perspective. How much government control is too much control?

How much can government spend? How can government influence the level of unemployment? As Bernstein shows how to navigate an ever-changing economic landscape, his timeless insights throughout these pages make The Price of Prosperity as vital and important today as when it appeared in an environment fundamentally different from our own.

What will you learn from this book

  1. Prosperity and Its Challenges: Bernstein likely discusses the challenges that come with economic prosperity, examining how success can lead to complacency and potential risks.

  2. Historical Perspectives: The book may provide historical perspectives on the cycles of prosperity and downturns, drawing lessons from past economic experiences.

  3. Wealth Inequality: Expect discussions on the implications of economic prosperity on wealth distribution, addressing issues of inequality and their impact on society.

  4. Global Economic Interconnectedness: The book might explore how national economic prosperity is interconnected with global economic trends, trade, and geopolitical factors.

  5. Policy Considerations: Bernstein may discuss the role of economic policies in sustaining prosperity and mitigating potential downsides, exploring the balance between regulation and free-market dynamics.

  6. Innovation and Adaptability: Insights into the importance of innovation and adaptability in maintaining economic prosperity, considering technological advancements and changing market dynamics.

  7. Social and Cultural Factors: The book may delve into the social and cultural aspects of prosperity, examining how societal values and norms influence economic outcomes.

  8. Government Debt and Fiscal Responsibility: Expect discussions on the impact of government debt and the importance of fiscal responsibility in maintaining a healthy national economy.

  9. Environmental Sustainability: The book might touch on the environmental consequences of economic prosperity and the need for sustainable practices to ensure long-term well-being.

  10. Individual and Collective Responsibility: Bernstein may emphasize the role of both individuals and the collective society in shaping the future of the national economy, highlighting the responsibilities of citizens and leaders.

Language English
ISBN-10 9780470287576
ISBN-13 9780470287576
No of pages 143
Font Size Medium
Book Publisher John Wiley & Sons
Published Date 12 Sep 2008

About Author

Author : Peter L. Bernstein

1 Books

Related Books