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Synopsis
In ‘Lombard Street’, the money market is pictured as it really was in 1850-1870, and as Bagehot saw it with philosophic eyes. Beginning with the sentence, “The objects which you see in Lombard Street are the Bank of England, the joint stock banks, the private banks and the discount houses,” he describes briefly and clearly the respective functions of these different bodies in the organism of the city, according to his own close observation as a banker himself, knowing the ways and thoughts of the men he describes, and as a man of business likewise in other ways, knowing at first hand the relation of banking to the trade and commerce of the country.
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About the Author
Walter Bagehot (1826-1877) was a British journalist who wrote at length about economics, government and literature. He studied mathematics and philosophy at University College London, and was called to the bar by Lincoln's Inn. However, he settled on a life of writing, founding the National Review in 1855 and later becoming editor-in-chief of The Economist (founded by his father-in-law in 1860).
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- PublisherJazzybee Verlag
- Publication date2015
- ISBN 10 3849690954
- ISBN 13 9783849690953
- BindingPaperback
- LanguageEnglish
- Number of pages170
- Rating
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