Aired 07/26/08 Peter Bernstein graduated magna cum laude from Harvard College in 1941 with a bachelor's degree in economics. He was also elected to Phi Beta Kappa. After serving as a member of the research staff at the Federal Reserve Bank of New York and in a civilian capacity at the Office of Strategic Services in Washington, he joined the United States armed services and rose to the rank of captain in the Air Force in World War II, assigned to the Office of Strategic Services in the European theater. Peter Bernstein is the author of ten books in economics and finance and countless articles in professional journals such as The Harvard Business Review and the Financial Analysts Journal, and in the popular press, including The New York Times, The Wall Street Journal, Worth magazine, and Bloomberg publications. He has contributed to collections of articles published by Perseus and FT Mastering, among others.