Lombard Street : A Description of the Money Market EPUB
by Walter Bagehot
EPUB
Please note: eBooks can only be purchased with a UK issued credit card and all our eBooks (ePub and PDF) are DRM protected.
Description
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.
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.
Information
-
Download - Immediately Available
- Format:EPUB
- Publisher:Open Road Media
- Publication Date:30/06/2015
- Category:
- ISBN:9781504017299
Other Formats
- Paperback / softback from £5.95
- EPUB from £7.19
- Hardback from £17.99
- PDF from £7.52
- Paperback from £14.95
Information
-
Download - Immediately Available
- Format:EPUB
- Publisher:Open Road Media
- Publication Date:30/06/2015
- Category:
- ISBN:9781504017299
