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In the last half of the 19th century, the Industrial Revolution sparked a remarkable, historic series of innovations-the first transatlantic telegraph cable, electric lights and motors, automobiles, telephones, and more. This process of discovery and invention led to a noninflationary boom in economic growth, and the United States became the most powerful, most influential nation in history.
Today, we are witnessing the same phenomenon. Computers, fax machines, the Internet, cellular telephones, satellite communication systems-all of these technological developments and more are working together to increase productivity and efficiency. Inflation is at its lowest level in years, while entrepreneurial activity is at an all-time high. Smaller government, fewer regulations, and lower taxes have created an ideal environment for innovation.
America has entered a new era of wealth, and the wealth produced by that innovation is flowing through every level of the economy!
In The New Era Of Wealth, influential economist Brian Wesbury tells you how take advantage of this transformed economy-and build long-term wealth for yourself and your family. This groundbreaking book reveals five key trends that will continue to feed the economic boom; four simple strategies to take advantage of those trends; the truth about today''s P/E ratios-and why higher is sometimes better; 4 threats to the new prosperity-how to see them coming and sidestep them; and more.
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Far more than just another "How to Make Money" guide, The New Era Of Wealth is a comprehensive analysis of America''s exciting new economy and the opportunities it provides. Filled with fascinating case histories, solid research, innovative investing strategies, and a sense of optimism that is both realistic and refreshing, it will change the way you view your place in today''s economy-and send you into the new millennium armed with a wealth building program designed to minimize your long-term risk as it maximizes your return.
