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Lombard Street: A Description of the Money Market by Walter Bagehot (Paperback, 1999)

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Product Information

Lombard Street began as a series of articles the esteemed essayist and financial advisor, Walter Bagehot had written for The Economist during the 1850s. First published in book form in 1873, it is a vivid description of the money market that seamlessly brings together theoretical analyses, historical anecdotes, and incisive commentary on sociology, politics, and the Street's various personalities. Sharing his invaluable insights and unique observations, Bagehot touches on everything from the mechanics of deposit banking within a fractional reserve system to the nature of foreign deposits in Britain. Along with a clear explanation of why economic growth and rising living standards are dependent upon a well-managed financial system, he offers straightforward guidelines for the function of lender-of-last resort; a penetrating look at the consequences of uncontrolled credit and speculation; and an in-depth examination of the exchequer in the money market that includes a stimulating analysis of the interaction between the government's fiscal operations and the functioning of the Bank of England, the commercial banks, and the money market. Perhaps most importantly, Lombard Street features Bagehot's prescription for crisis management, which after nearly 150 years, remains the formula of choice for containing-and curtailing-financial crises. Filled with descriptions of Lombard Street that still ring true today, this jewel of a book has withstood the test of time to become a true investment classic-one that will appeal as much to the readers of today as it did to those of years ago.

Product Identifiers

Publisher
John Wiley & Sons Inc
ISBN-13
9780471345367
eBay Product ID (ePID)
96097447

Product Key Features

Book Title
Lombard Street: a Description of the Money Market
Author
Walter Bagehot
Format
Paperback
Language
English
Topic
Finance, Literary Theory, History, Business
Publication Year
1999
Type
Textbook
Number of Pages
384 Pages

Dimensions

Item Height
224mm
Item Width
138mm
Item Weight
470g

Additional Product Features

Title_Author
Walter Bagehot
Series Title
Wiley Investment Classics
Country/Region of Manufacture
United States

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Lombard Street: A Description of the Money Market by Walter Bagehot (Paperback, 1999)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Books

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KJV, Gift and Award Bible, Leather-Look, Black, Red Letter, Comfort Print: Holy Bible, King James Version by Zondervan (Paperback, 2017)

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