The Magic Formula Paperback –
December 31, 2018
Description :
What if successful economic policy could be reduced to four words? And what if, despite this, hardly anybody is doing it? Nathan Lewis summarizes the last four decades of new economic insights in a magic formula so easy that even a politician can remember it. Using
historical examples from Ancient Rome to the debt and deficit crisis in Europe in 2010-2012, we find that the Magic Formula not only works, but it works far better than even seems possible. With the world's major governments seemingly drifting toward a crisis of debt and entitlements, they will eventually need a roadmap to lead them to a new era of prosperity.