Summary of The New Era of Wealth

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The New Era of Wealth book summary
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Rating

6 Overall

6 Applicability

6 Innovation

7 Style

Recommendation

Hold on to your hat, money’s coming! Brian S. Wesbury argues that a New Era is dawning, marked by increasing returns, entrepreneurial opportunities, and wealth for everyone. Wesbury draws on the last five years’ most important economic ideas and takes an optimistic view of the next five years. While technology gurus will do best of all, it sounds like you and all your friends and relations will do well enough to have custom-made golf clubs and two weeks at the beach. This book satisfies several levels, from stock market pointers to useful insights into the U.S. economy. Wesbury engages some of your most commonly held, business school ideas on economics and, if you live in the United States (this is a very U.S.- oriented tome), makes you feel pretty good about your future. getAbstract recommends this book to those interested in the stock and bond market, or the connection between the economy and politics. It is particularly useful if you are managing your own portfolio.

In this summary, you will learn

  • How wealth entered the United States on the shoulders of technology;
  • Why you should invest in stocks; and
  • How to invest successfully.
 

About the Author

Brian S. Wesbury is vice president and chief economist at Griffin, Kubik, Stephens & Thompson in Chicago. He is a frequent guest on CNBC and has written for The Wall Street Journal, Business Week, and Forbes.

 

Summary

Ride the Wave
The economy is on a roll. Sure, there will always be pessimists who will tell you otherwise, doomsayers who will predict a downturn, or dismal scientists who will actually try to prove, with numbers and facts, that the economy is really not what it says it is. Don’t listen...

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