Finance:The Birth of Plenty

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Short description: 2004 book by William J. Bernstein
The Birth of Plenty: How the Prosperity of the Modern World Was Created
The Birth of Plenty.jpg
AuthorWilliam Bernstein
CountryUnited States
LanguageEnglish
SubjectHistory
PublisherJohn Wiley & Sons
Publication date
August 11, 2004
Media typePrint (Hardcover and Paperback) and audio-CD
Pages400
ISBNISBN:0471270474

The Birth of Plenty: How the Prosperity of the Modern World Was Created is a nonfiction book on world history and economics by American author William J. Bernstein.

Summary

The Birth of Plenty is a history of the world expressed in economic terms. Bernstein argues that in order to prosper, a country must possess four main attributes: property rights, the scientific rationalism, capital markets and an effective means of transportation and communications. After establishing these as the basic requirements for economic success, the book examines the historical progress of a number of countries both with and without these attributes. Bernstein further argues that the four attributes are a necessary precursor to democracy.[1]

Reception

Publishers Weekly described the book as, "authoritative... accessible and thoroughly entertaining".[2] It also received positive reviews in the economic and investment community.[3][4]

See also

References

External links