"With Happy Memories and Hopeful Prospects": First Edition of Economist on Wall Street; Inscribed by Peter Bernstein
Economist on Wall Street: Notes on the Sanctity of Gold, the Value of Money, the Security of Investments, and Other Delusions.
Item Number: 63029
New York: The Macmillan Company, 1970.
First edition of this classic collection of early Bernstein writings. Octavo, original cloth. Inscribed by the author on the front free endpaper, “For Bob Heisterberg- With happy memories and hopeful prospects. Peter.” Fine in a near fine dust jacket. Preface by Gilbert Kaplan.
Peter Bernstein's Economist on Wall Street is a collection of writings from 1955 to 1970. The book is especially interesting because so many of Bernstein's observations reflect the most important issues of the presentâthe outlook for inflation and its control, the intricacies of monetary policy, the future of the dollar, and the dilemmas of household finances. Bernstein was also concerned with developments in portfolio management, including the new influence of institutional investors and rules for optimal asset mixes. He provides light touches, too, as he indulges in fantasies and philosophical musings over a wide variety of topics.