The Magic Formula
Language: English
Published by Canyon Maple Publishing LLC, 2019
- Hardcover
- Used
Seller: GreatBookPricesUK, Woodford Green, United KingdomGreatBookPricesUK
AbeBooks seller since January 28, 2020
Condition: Used - As new
£ 22.16
Quantity: Over 20 available
Add to basketItem description from seller
Seller Inventory # 35460455
- Title
- The Magic Formula
- Author
- Lewis, Nathan
- Publisher
- Canyon Maple Publishing LLC
- Publication year
- 2019
- Condition
- As New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1733635505
- ISBN 13
- 9781733635509
Could the secret to economic success be reduced to four words? A country that has the “magic formula” – Low Taxes, Stable Money – finds itself going from one success to another. Another country, with every other cultural, institutional and geographic advantage one could name, stumbles and declines once it loses the Magic Formula.
Nathan Lewis shows how the rise and decline of great states and empires can be traced to whether or not they follow this simple rule. With examples including Japan after the Meiji Restoration, the rise and later disintegration of the British Empire, the “stagflation” of the 1970s, China after 1994, South Korea after 1985, Russia after 2000, the Spanish Empire of the sixteenth century, the rise and fall of the Muslim caliphates, the United States, post-communist Bulgaria, the Great Depression, the Roman Empire, postwar Germany, Ireland after 1986, the U.S. recession of 2001 or Spain’s budget crisis in 2012, over and over again, countries that follow the Magic Formula have results that can sometimes be amazing, almost inconceivable; and those that act contrary to the Magic Formula can quickly spiral into decline and even disaster.
Today, taxes are not very low; money is not very stable; our economic health is not very good; and the Magic Formula is ignored everywhere. If long-unresolved debt, deficit and entitlement issues reach a crisis stage, in the U.S. and worldwide, we may find that governments reach for higher taxes and “easy money,” even outright printing-press finance, as a stopgap solution. The results are predictable. The Magic Formulapresents a timeless solution to the problems of today and tomorrow; indeed, history says that it is the only solution that will work.
"Synopsis" may belong to another edition of this title.
Review
Extraordinary, original, fundamentally important, easy-to-read, learned and convincing.
Steve Forbes
People know it in their bones that the 21st century is fated to be one of great, comprehensive prosperity—if only we let it. Officials and pundits may cavil and scoff, but the tremendous economic progress that has lifted the globe over the centuries since the industrial revolution clearly has no ambition other than to continue the lifting. Governments have to face up to their duty to let this fate unfold. Nathan Lewis, in his incomparable fusion of authoritativeness and readability, lets them know how. All they have to do is show a little modesty when it comes to the things in the economy they have chosen to have at their disposal, taxes and money. If our leaders follow this magic formula, we have nothing to lose but our pessimism.
Brian Domitrovic, author of JFK and the Reagan Revolution: A Secret History of American Prosperity
Around the world and across the centuries, the “magic formula” — low taxes and stable money — is the secret to economic success.
Dr. Arthur Laffer
"About the title" may belong to another edition of this title.
GreatBookPricesUK
Woodford Green, United Kingdom
AbeBooks seller since January 28, 2020
Shipping rates from United Kingdom to U.S.A.
| Item | 10 to 27 business days | 10 to 30 business days |
|---|---|---|
| First item | £ 15.00 | £ 15.00 |
Payment methods
Store description
Specialty
TradeBooksSeller's business information
Far Corner Europe Limited
19-20 Bourne Court, 19-20 Bourne Court
Woodford Green, United Kingdom IG8 8HD
Terms of sale
Company Name: GreatBookPricesUK
Legal Entity: Far Corner Europe Limited
Address: 19-20 Bourne Court, Southend Road, Woodford Green Essex, UK IG8 8HD
Registration #: 10691061, VAT GB307932304
Authorized representative: Danielle Hainsey
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to GreatBookPricesUK, Castle Donington, Derby, United Kingdom, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
Our warehouses across the globe are fully operational without substantial delays. We are working hard and continue to overcome the daily challenges presented by COVID-19. There have been reports that delivery carriers are experiencing large delays resulting in longer than normal deliveries to customers. We would like to apologize in advance if your item arrives later than the expected delivery due date.
Internal processing of your order will take about 1-2 business days. Please allow an additional 4-14 business days for Royal Mail delivery.