解:$x=\frac {1}{2-\sqrt {3}}=\frac {2+\sqrt {3}}{(2-\sqrt {3})(2+\sqrt {3})}=2+\sqrt {3}$,则$\frac {1}{x}=2-\sqrt {3}$
$ (1) x+\frac {1}{x}=2+\sqrt {3}+2-\sqrt {3}=4$
$ (2)$
$ \begin {aligned}(7-4\sqrt {3})x^2+(2-\sqrt {3})x+\sqrt {3}&=(7-4\sqrt {3})(2+\sqrt {3})^2+(2-\sqrt {3})(2+\sqrt {3})+\sqrt {3}\\&=(7-4\sqrt {3})(7+4\sqrt {3})+(4-3)+\sqrt {3}\\&=49-48+1+\sqrt {3}\\&=2+\sqrt {3}\end {aligned}$