The Power of Gold: The History of an Obsession

The Power of Gold: The History of an Obsession ebook

Financial consultant and economic historian Bernstein tells how people have become intoxicated, and empires have risen and fallen, over the shiny metal. He begins with such myths as Jason and the Argonauts, Midas, and the Golden Calf. Then he narrates the invention of coinage, the transformation of gold into money, and the establishment of the gold standard, and the freeing of currency from that standard. The text is a companion to a French television series and is a reprint of a 2000 work. Annotation ©2004 Book News, Inc., Portland, OR

PETER L. BERNSTEIN combines the zest of a historian with the meticulous analytical powers of an economist. He is the author of seven other books on economics and finance, including the bestsellers Against the Gods: The Remarkable Story of Risk and Capital Ideas: The Improbable Origins of Modern Wall Street. Bernstein is President of Peter L. Bernstein, Inc. He established the firm in 1973 as economic consultants to institutional investors and publisher of Economics & Portfolio Strategy, a semi-monthly newsletter. He lectures widely throughout the United States and abroad and has received the highest honors from his peers in the investment profession.

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