Lombard Street A Description of the Money Market

Author/creator Bagehot, Walter Author
Format Electronic
Publication InfoNew York : Open Road Integrated Media, LLC
Description149 p.
Supplemental ContentFull text available from Ebook Central - Public Library Complete
Subjects

Summary Annotation Financial observer and journalist Walter Bagehot sheds light on the world of banking in his influential tractWritten 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.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781504017299
ISBN1504017293 (E-Book) Forthcoming
Standard identifier# 9781504017299
Stock number01521375

Availability

Library Location Call Number Status Item Actions
Electronic Resources Access Content Online ✔ Available