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A Primer on Money, Banking, and Gold (Peter L. Bernstein's Finance Classics) Paperback – August 13, 2008

4.3 out of 5 stars 37 ratings

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Editorial Reviews

Review

"This book reveals and discusses the link that still exists between money and gold." (Finance & Management Faculty, October, 2008)

From the Inside Flap

One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperityâ??which have forewords by financial luminaries and new introductions by the authorâ??you can enjoy some of the best of Bernstein in his earlier Wall Street days.

With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial systemâ??its strengths as well as its weaknesses. A Primer on Money, Banking, and Gold takes you back to the beginning and sorts out all the pieces.

Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy.

This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.

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Product details

  • Publisher ‏ : ‎ Wiley; 1st edition (August 13, 2008)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 272 pages
  • ISBN-10 ‏ : ‎ 0470287586
  • ISBN-13 ‏ : ‎ 978-0470287583
  • Item Weight ‏ : ‎ 11.3 ounces
  • Dimensions ‏ : ‎ 5 x 0.62 x 8 inches
  • Customer Reviews:
    4.3 out of 5 stars 37 ratings

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Peter L. Bernstein's nine books include the worldwide bestseller Against the Gods: The Remarkable Story of Risk. Bernstein is also an economic consultant and publisher of Economics and Portfolio Strategy, a semimonthly letter for institutional investors.

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4.3 out of 5 stars
4.3 out of 5
37 global ratings

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