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The New Era of Wealth: How Investors Can Profit from the 5 Economic Trends Shaping the Future cover
  • ISBN: 9780071351805
  • ISBN10: 0071351809

The New Era of Wealth: How Investors Can Profit from the 5 Economic Trends Shaping the Future

by Wesbury, Brian S.

  • List Price: $24.95
  • Binding: Hardcover
  • Publisher: McGraw-Hill Companies
  • Publish date: 01/01/2001
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Description
In the last half of the 19th century, the Industrial Revolution sparked a remarkable, historic series of innovations -- the first transatlantic telegraph cable, electric lights and motors, automobiles, telephones, and more. This process of discovery and invention led to a noninflationary boom in economic growth, and the United States became the most powerful, most influential nation in history.<P>Today, we are witnessing the same phenomenon. Computers, fax machines, the Internet, cellular telephones, satellite communication systems -- all of these technological developments and more are working together to increase productivity and efficiency. Inflation is at its lowest level in years, while entrepreneurial activity is at an all-time high. Smaller government, fewer regulations, and lower taxes have created an ideal environment for innovation.<P>America has entered a new era of wealth ... and the wealth produced by that innovation is flowing through every level of the economy!<P>In "The New Era of Wealth", influential economist Brian Wesbury tells you how take advantage of this transformed economy -- and build long-term wealth for yourself and your family. This groundbreaking book reveals five key trends that will continue to feed the economic boom; four simple strategies to take advantage of those trends; the truth about today's P/E ratios -- and why higher is sometimes better; 4 threats to the new prosperity -- how to see them coming and sidestep them; and more.
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