The Power of Gold: The History of an Obsession

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John Wiley & Sons, Dec 13, 2005 - Business & Economics - 304 pages
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Incorporating myth, history and contemporary investigation, Bernstein tells the story of how human beings have become intoxicated, obsessed, enriched, impoverished, humbled and proud for the sake of gold. From the past to the future, Bernstein's portrayal of gold is intimately linked to the character of humankind.
 

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The power of gold: the history of an obsession

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A master historian at the peak of his art here recounts the timeless story of our obsession with gold. Mixing myth, legend, and historical fact, Bernstein (Against the Gods presents an enthralling ... Read full review

Contents

The Supreme Possession
7
1 Get Gold at all Hazards
13
2 Midass Wish and the Creatures of Pure Chance
25
3 Dariuss Bathtub and the Cackling of the Geese
45
4 The Symbol and the Faith
59
5 Gold Salt and the Blessed Town
69
6 The Legacy of Eoba Babba and Udd
77
7 The Great Chain Reaction
87
11 The Asian Necropolis and Hien Tsungs Inadvertent Innovation
157
12 The Great Recoinage and the Last of the Magicians
173
13 The True Doctrine and the Great Evil
193
14 The New Mistress and the Cursed Discovery
207
15 Strength and Failure
221
16 Breaking the Golden Fetters
235
17 Tearing Loose the Golden Anchor
263
Bibliography
283

8 The Disintegrating Age and the Kings Ransoms
99
9 The Sacred Thirst
113
10 The Fatal Poison and Private Money
135

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About the author (2005)

PETER L. BERNSTEIN combines the zest of a historian with the meticulous analytical powers of an economist. He is the author of seven books in economics and finance, including the best-selling Against the Gods: The Remarkable Story of Risk and Capital Ideas: The Improbable Origins of Modern Wall Street. He is also President of Peter L. Bernstein, Inc., an economic consultancy to institutional investors, which he founded in 1973 after many years of managing billions of dollars in individual and institutional portfolios. He has lectured widely throughout the U.S. and globally and has received the highest honours from his peers in the investment profession.

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