The Birth of Plenty: How the Prosperity of the Modern Work was Created

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July 12, 2010


Electronic book text, 432 pages

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0071760806 / 9780071760805

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Main description

    "Compact and immensely readable . . . a tour de force. Prepare to be amazed." John C. Bogle, Founder and Former CEO, The Vanguard Group

    Bernstein is widely respected as author of the bestseller, The Intelligent Asset Allocator

    Identifies and explains the four conditions necessary for human progress

Table of contents

Preface; Introduction; Section I - The Sources of Growth; Chapter 1. A Hypothesis of Wealth; Chapter 2. Property; Chapter 3. Reason; Chapter 4. Capital; Chapter 5. Power, Speed, and Light; Chapter 6. Synthesis of Growth; Section II: Nations; Chapter 7. The Winners-Holland and England; Chapter 8. Runners-Up; Chapter 9. The Last; Section III: Consequences; Chapter 10. God, Culture, Mammon, and the Hedonic Treadmill; Chapter 11. The Great Trade-Off; Chapter 12. Mammon and Mars; Chapter 13. The End of Growth?; Chapter 14. When, Where, and Whither

Author comments

About the Authors
William J. Bernstein is the editor of the quarterly asset allocation journal Efficient Frontier, founder of the popular website, and a principal in Efficient Frontier Advisors. He is often quoted in national publications, including The Wall Street Journal, Barron's, Money, and Forbes.

Back cover copy

"Immensely readable . . . a tour de force. Prepare to be amazed."
--John C. Bogle, founder andformer CEO, The Vanguard Group

In The Birth of Plenty, William Bernstein, the bestselling author of The Four Pillars of Investing, presents his provocative, highly acclaimed theory of why prosperity has been the engine of civilization for the last 200 years.

In a fascinating, irresistibly written work that recalls Jared Diamond's Guns, Germs, and Steel and other classic big-picture narratives of western civilization, Bernstein highlights four elements that when occurring simultaneously, are the fundamental building blocks for human progress: property rights, which drives creativity; scientific rationalism, which permits the freedom to innovate without fear of retribution; capital markets, which provide funding for people to pursue their visions; and transportation/communication, which allows for the effective transfer of ideas and products.

Meticulously researched, splendidly told, and featuring a new preface and introduction, The Birth of Plenty explains the interplay of the events, philosophies, and related phenomena that were nothing less than the crucible of the modern age.

"Vital--a cogent, timely journey through the economic history of the modern world."
--Publishers Weekly

William J. Bernstein (Portland, Oregon) is the editor of Efficient Frontier and founder of the popular Web site

Copyright 2014 McGraw-Hill Global Education Holdings, LLC


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