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The Birth of Plenty: How the Prosperity of the Modern World Was Created Compact and immensely readable . . . a tour de force. Prepare to be amazed. John C. Bogle, Founder and Former CEO, The Vanguard Group Vital a cogent, timely journey through the economic history of the modern world. Publishers WeeklyIn 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.This is a fascinating, irresistibly written big-picture work that highlights and explains the impact of four elements that when occurring simultaneously, are the fundamental building blocks for human progress:Property rights, which drive creativityScientific rationalism, which permits the freedom to innovate without fear of retribution;Capital markets, which provide funding for people to pursue their visions;Transportation/communication, which allows for the effective transfer of ideas and products.Meticulously researched,

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Descriptions Compact and immensely readable . . . a tour de force. Prepare to be amazed. John C. Bogle, Founder and Former CEO, The Vanguard Group Vital a cogent, timely journey through the economic history of the modern world. Publishers WeeklyIn 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.This is a fascinating, irresistibly written big-picture work that highlights and explains the impact of four elements that when occurring simultaneously, are the fundamental building blocks for human progress:Property rights, which drive creativityScientific rationalism, which permits the freedom to innovate without fear of retribution;Capital markets, which provide funding for people to pursue their visions;Transportation/communication, which allows for the effective transfer of ideas and products.Meticulously researched,


Details Author : William J. Bernstein Pages : 420 pages Publisher : McGraw-Hill Education Language : eng ISBN-10 : 0071747044 ISBN-13 : 9780071747042 ●


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