Customer Reviews

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

5 star:		(7)
4 star:		(1)
3 star:		(0)
2 star:		(3)
1 star:		(1)

 

 

I found the book to be extremely well researched, easy to read and understand, as well as factual in its thesis that we have entered a "new era" of economic growth in which the old rules of economic measurements (such as the Phillips curve)are outdated and erroneous. He provides the reader with the five elements or trends that have contributed to the economic phenomenon America has experienced the last four years (1996-1999) in which the country has seen remarkable growth with very little inflation. He cites much economic history to prove his point. His thesis, which I believe is correct, is that America has indeed entered a new era of long economic prosperity, and those who understand what is making this happen, can profit. I highly recommend it as a must read for anyone who has money in any kind of investments. It's an excellent forecast on what America's future over the next few years will be, as well as an accurate education in fundamental economics. It also accomplishes this in a way that makes the book interesting to read--which for a book on economics--is out of the ordinary!

BRAVO....EXCELLENT...FIVE STARS... This book should be made mandatory reading for all FED officials and those running for political office in 2000. It is a book well written and easily understood by average investors like myself. As a small business owner, I was impressed by Wesbury's willingness to address and attack such matters as the current rising interest rates being imposed upon us by the FED. The author points out this is at a time in American economics when the FED should be using new economic models which are applicable today, instead of models from bygone eras that are no longer valid. Wesbury compares the similarities of the Industrial Revolution to what is taking place today. In no uncertain terms, he addresses the facts and backgrounds to what really is driving our booming economy today...HIGH TECH and SMALL BUSINESSES! This is an excellent book and one worthy of reading at home, business and definitely in enonomic classes of our academic institutions.

This book is a must read for the young investor. It outlines incredible ways to invest smartly paying attention only to the things that really matter. I would highly encourage any investor reguardless of their background, to read this book before they invest another dime.

This book is filled with the kind of solid, cogent analysis too often missing from today's economic discussions. Wesbury makes his case and makes it clearly, and recent economic facts have borne him out (just read the book and see how right he is). A major work that contains so much more relevant analysis than you'll get from any bank economist. George Gilder is right about Wesbury's book - it's a triumph!

Although I may be considered biased, I still want to say that Brian clearly makes the case for the New Era! Investors should listen- politicians, too.

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. We [...] recommend 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.

A Winner.

Really helped me to better understand the New Economy that we seem to be in. So now, I'm going to 'cash in' on what I learned.

Enjoyable. Easy to understand.

Amazon.com should send a copy to Allen Greenspan!

He needs to read it!

Brian S Wesbury, the author of "The New Era of Wealth" rates an A+. I highly recommend his book to young families preparing to invest their hard earned money. Brian Wesbury has re affirmed my investment strategy 150%.

This is a cursory review of key macroeconomic themes that are likely to affect investors over the next several years. However, the authors perspective is not terribly well supported by any evidence and is ideologically skewed. His support relies on "soft" (i.e., not mathematical or rigorous) ancient economists. Most informed readers will find the conclusions either obvious, cliche, or self-evident. That said, the conclusions are not wrong, but not a paradigm shift of any sort.

hee hee, well, here we are in 2006, and tech stocks crashed big time, wiping out ordinary folks' college funds for their kids, and so on, only to be replaced by an unsustainable property boom, also about to bust. Funny how the reviews of this masterly tome peter out in 2001. The booms have busted, but Wesbury still draws down his economist's salary undaunted.

Thanks for your 'insights' into the 'New Economy', Brian Wesbury, you are now promoting the housing bubble as 'the next big thing'.

Another reviewer said "In ten years this book will be clearly seen as naive and peculiarly American dribble." Remarkably prescient. We need to see more books critiquing the destructive boom/bust cycles of capitalism, the effects of 'irrational exuberance', the religion of mindless greed, and so on. It would seem that more regulation is required, not less, forget the mindless, hackneyed neo-classical and neo-liberal economist dogma implied in this work.