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. Peter Bernstein's Economist on Wall Street is a collection of writings from 1955 to 1970. The book is especially interesting because so many of Bernstein's observations reflect the most important issues of the present—the outlook for inflation and its control, the intricacies of monetary policy, the future of the dollar, and the dilemmas of household finances. Bernstein was also concerned with developments in portfolio management, including the new influence of institutional investors and rules for optimal asset mixes. He provides light touches, too, as he indulges in fantasies and philosophical musings over a wide variety of topics. With so many years of hindsight, we should not be surprised to find some of Bernstein's predictions running awry. But why? In each instance, these forecasts were biased by memories of the past. There is a big lesson to be learned there. Economist on Wall Street is a remarkable book, with lasting relevance and keen insights into the art of investment management, the capital markets, gold and the dollar, and the fun of being alive.

Economist on Wall Street: Notes on the Sanctity of Gold, the Value of Money, the Security of Investments, and Other Delusions,

Business & Money

Bernstein, Peter L.

Economics

MacMillan Publishing Company

Capital Ideas : The Improbable Origins of Modern Wall Street

Reveals how a small group of scholars--Harry Markowitz, William Sharpe, Merton Miller, and others--laid the foundation for a revolution in commerce with theories they developed after the recession in 1974

Capital Ideas: The Improbable Origins of Modern Wall Street

Free Press

When the 1974 recession hit Wall Street, investment professionals desperately turned to academia to help regain the value of their clients' holdings. Bernstein shows how Wall Street finally embraced the advences wrought in academic seminars and technical journals tht ultimately transformed the art of investing.

Read by the author4 casettes/ 6 hoursOver the centuries, gold had stirred the passions for power and glory, for beauty and security, and even for immortality.  No other object has commanded so much veneration over such a long period of time.  The most striking feature of this long history is that gold led most of the protagonists in the drama into the ditch.  Gold had them, rather than the other way around.Power and passion begin with the magical, religious, and artistic qualities of gold.  As the story progresses from primitive uses to the invention of coinage and the transformation of gold into money and the gold standard, gold speaks more loudly of power as it acquires increasing importance as money.  Ultimately, the book confronts the future of gold, in a world where gold has been relegated to the periphery of global finance.Along the way, we meet Moses and Midas, Croesus and Crassus, Byzantine emperors and humble miners, unscrupulous moneyers and ransomed kings, Francisco Pizzaro and Benvenuto Cellini, Charlemange and Charles de Gaulle, Richard I and Richard Nixon, Asian monarchs and Arab potentates, Isaac Newton and Winston Churchill, David Ricardo and John Maynard Keynes, and the Forty-Niners and the speculators who pushed gold to $850 an ounce in 1980.  It has been an icon for greed and an emblem of rectitude, as well as a vehicle for vanity and a badge of power that has shaped the destiny of humanity through the ages.In the end, this story is a morality tale.  The pursuit of eternity will not be satisfied by gold, or by anything else we choose to rpelace gold.  Gold as an end in itself is meaningless.  Hoarding does not create wealth.  Gold makes sense only as a means to an end; to beautify, to adorn, to exchange for what we want and need.

The Power of Gold: The History of an Obsession

History

Random House Audio |

The Power of Gold

A history of the Erie Canal's construction and subsequent influence on American geography profiles the nation in the first quarter-century of the 1800s, demonstrating how the canal's creation impacted the industrial revolution and citing the contributions of such figures as Washington, Jefferson, and van Buren. 70,000 first printing.

Wedding of the Waters: The Erie Canal and the Making of a Great Nation

Americas

W.W. Norton & Co., Inc.

As the British trade deficit continues to grow, this trenchant, original and timely book on the US deficit and national debt offers much to readers on this side of the Atlantic. The authors explain what national debts and deficits are, and what they are not. One thing they are not nearly as big as we think. Another thing they are not is a burden on the shoulders of our grandchildren. And one thing they are is a potential means of financing economic growth. Heilbroner and Bernstein do not shrug aside the debt and deficit. "The only remedy for our present frightened state of mind", they write, "is explanations that are simple but accurate, facts that will defuse unreasoning panic, and arguments that will stand up under the most skeptical examination."

The Debt and the Deficit: False Alarms/Real Possibilities

Heilbroner, Robert L.

W.W.Norton&Company

"One corner of the great American panorama enlarged to highlight starry-eyed visionaries, political machinations, indefatigable ingenuity, and cockeyed optimism." ―Kirkus Reviews
The building of the Erie Canal, like the construction of the Brooklyn Bridge and the Panama Canal, is one of the greatest and most riveting stories of American ingenuity. Best-selling author Peter Bernstein presents the story of the canal's construction against the larger tableau of America in the first quarter-century of the 1800s. Examining the social, political, and economic ramifications of this mammoth project, Bernstein demonstrates how the canal's creation helped prevent the dismemberment of the American empire and knit the sinews of the American industrial revolution. Featuring a rich cast of characters, including not only political visionaries like Washington, Jefferson, van Buren, and the architect's most powerful champion, Governor DeWitt Clinton, but also a huge platoon of Irish diggers as well as the canal's first travelers, Wedding of the Waters reveals that the twenty-first-century themes of urbanization, economic growth, and globalization can all be traced to the first great macroengineering venture of American history. 20 illustrations

In many ways, Bernstein's A Primer on Money, Banking, and Gold can be seen as one long preface to his bestselling The Power of Gold . In A Primer on Money, Banking, and Gold , Bernstein writes "What has gold to do with money anyway? Where did Americans find enough money to write checks adding up to nearly four trillion dollars during 1963? Did the Government print it all?" Here, he discusses the link that still exists between our money and gold and why. He also goes into detail about banking (both the history and business of banking) and the role the Federal Reserve plays in regulating the supply of money. He includes two "case studies" at the end, one detailing the financial playing field between 1938 and 1945 and the other detailing the economy after the war.

PRIM MONEY BNKNG GD RV (Primer on Money, Banking & Gold)

Random House]

Incorporating myth, history and contemporary investigation, Bernstein tells the story of how human beings have become intoxicated, obsessed, enriched, impoverished, humbled and proud for the sake of gold. From the past to the future, Bernstein's portrayal of gold is intimately linked to the character of humankind.

wiley

See the best price to sell, buy, or rent books by Bernstein, Peter L.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Bernstein, Peter L.

See the best price to sell, buy, or rent books by Bernstein, Peter L.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Economist on Wall Street: Notes on the Sanctity of Gold, the Value of Money, the Security of Investments, and Other Delusions,

Capital Ideas: The Improbable Origins of Modern Wall Street

Capital Ideas: The Improbable Origins of Modern Wall Street

The Power of Gold: The History of an Obsession

The Power of Gold

Wedding of the Waters: The Erie Canal and the Making of a Great Nation

The Debt and the Deficit: False Alarms/Real Possibilities

Wedding of the Waters: The Erie Canal and the Making of a Great Nation

PRIM MONEY BNKNG GD RV (Primer on Money, Banking & Gold)

The Power of Gold: The History of an Obsession