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▼a Bagehot, Walter. |
| 245 | 10 |
▼a Lombard street
▼h [electronic resource] :
▼b a description of the money market/
▼c Walter Bagehot. |
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▼a New York, NY:
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▼c 2015. |
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▼a Cover; Title Page; CHAPTER I. Introductory.; CHAPTER II. A General View of Lombard Street.; CHAPTER III. How Lombard Street Came to Exist, and Why It Assumed Its Present Form.; CHAPTER IV. The Position of the Chancellor of the Exchequer in the Money Market.; CHAPTER V. The Mode in Which the Value of Money is Settled in Lombard Street.; CHAPTER VI. Why Lombard Street is Often Very Dull, and Sometimes Extremely Excited.; CHAPTER VII. A More Exact Account of the Mode in Which the Bank of England Has Discharged Its Duty of Retaining a Good Bank Reserve, and of Administering It Effectually. |
| 505 | 8 |
▼a CHAPTER VIII. The Government of the Bank of England. CHAPTER IX. The Joint Stock Banks.; CHAPTER X. The Private Banks.; CHAPTER XI. The Bill-Brokers.; CHAPTER XII. The Principles Which Should Regulate the Amount of the Banking Reserve to Be Kept by the Bank of England.; CHAPTER XIII. Conclusion.; APPENDIX.; Copyright. |
| 520 | |
▼a Financial observer and journalist Walter Bagehot sheds light on the world of banking in his influential tract Written in response to a nineteenth-century banking crisis in England, Walter Bagehot's influential treatise was one of the first to clearly explain complex financial systems like international banking, currency, and corporate finance in clear and easy-to-understand language. Credit, Bagehot suggests, is based primarily on trust. When the banks lose the public's trust, the entire system can collapse. In Lombard Street, Bagehot-who was the editor in chief of the Economist-sets forth a series of proposals for the strengthening and survival of struggling financial institutions, such as allowing irresponsible banks to collapse and creating strong central banks to combat inflation. His insights are as relevant in today's economic climate as they were when the book was first published in 1873. This ebook has been professionally proofread to ensure accuracy and readability on all devices. |
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▼i Print version:
▼a Bagehot, Walter.
▼t Lombard Street : A Description of the Money Market.
▼d Newburyport : Open Road Media, ?015 |
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