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The English Constitution The book explores the constitution of the United Kingdom, specifically the functioning of Parliament and the British monarchy and the contrasts between British and American government.
Walter Bagehot There is scarcely a department of science or art which is the same, or at all the same, as it was fifty years ago. A new world of inventions of railways and of telegraphs has grown up around us which we cannot help seeing; a new world of ideas is in the air and affects us, though we do not see it. A full estimate of these effects would require a great book, and I am sure I could not write it; but I think I may usefully, in a few papers, show how, upon one or two great points, the new ideas are modifying two old sciences politics and political economy. Even upon these points my ideas must be incomplete, for the subject is novel; but, at any rate, I may suggest some conclusions, and so show what is requisite even if I do not supply it. If we wanted to describe one of the most marked results, perhaps the most marked result, of late thought, we should say that by it everything is made an antiquity. When, in former times; our ancestors thought of an antiquarian, they described him as occupied with coins, and medals, and Druids' stones; these were then the characteristic records of the decipherable past, and it was with these that decipherers busied themselves. But now there are other relics; indeed, all matter is become such. Science tries to find in each bit of earth the record of the causes which made it precisely what it is; those forces have left their trace, she knows, as much as the tact and hand of the artist left their mark on a classical gem. It would be tedious (and it is not in my way) to reckon up the ingenious questionings by which geology has made part of the earth, at least, tell part of its tale; and the answers would have been meaningless if physiology and conchology and a hundred similar sciences had not brought their aid. Such subsidiary sciences are to the decipherer of the present day what old languages were to the antiquary of other days; they construe for him the words which he discovers, they give a richness and a truth like complexity to the picture which he paints, even in cases where the particular detail they tell is not much. But what here concerns me is that man himself has, to the eye of science, become an antiquity.
Walter Bagehot The book was in part a reaction to the financial collapse of Overend, Gurney and Company, a wholesale discount bank located at 65 Lombard Street, London, from which the title draws its name. When this bank suspended payments on 10 May 1866, panic spread across London, Liverpool, Manchester, Norwich, Derby and Bristol.
Walter Bagehot 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.
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“A classic account of the money market . . . Makes vivid reading.” —Spectator Business
Walter Bagehot (1826–1877) was an English businessman and journalist. He founded the National Review in 1855 with Richard Holt Hutton before becoming editor in chief of the Economist, a post he held for seventeen years.
Walter Bagehot & Miles Taylor Written in 1867, The English Constitution remains the best account of the history and working of the British political system. Blending wit, humour, history, and anecdote, its analysis of the monarchy, the role of the prime minister and cabinet, and comparisons with the American presidential system are astute and timeless. This is the only edition currently in print and uses the original 1867 edition.
Nicolas Darvas, Walter Bagehot, Claude C. Hopkins, Walter Lippmann, G. M. Loeb, Irving Fisher, Edward R. Dewey, Edwin F. Dakin, Charles Mackay & Warren Lapine To make and invest money, one must understand how the financial systems work. These eight landmark books will give you that understanding and help you on your way to success and prosperity. These books have stood the test of time. Their authors have a deep understanding of the subject matter. Here are more than one thousand pages of priceless information at an extremely reasonable price.
Included in this edition are 'Memoirs of Extraordinary Popular Delusions and the Madness of Crowds' by Charles MacKay, 'Lombard Street: A Description of the Money Market' by Walter Bagehot, 'Scientific Advertising' by Claude C. Hopkins, 'Public Opinion' by Walter Lippmann, 'The Battle for Investment Survival' by G. M. Loeb, 'The Money Illusion' by Irving Fisher, 'How I Made $2,000,000 in the Stock Market' by Nicolas Darvas, and 'Cycles: The Science of Prediction' by Edward R. Dewey.
Walter Bagehot “English constitution” is a book by Walter Bagehot. It explores the constitution of the United Kingdom, specifically the functioning of Parliament and the British monarchy, and the contrasts between British and American government. The book became a standard work which was translated into several languages.
Walter Bagehot There is a great difficulty in the way of a writer who attempts to sketch a living Constitution—a Constitution that is in actual work and power. The difficulty is that the object is in constant change. An historical writer does not feel this difficulty: he deals only with the past; he can say definitely, the Constitution worked in such and such a manner in the year at which he begins, and in a manner in such and such respects different in the year at which he ends; he begins with a definite point of time and ends with one also. But a contemporary writer who tries to paint what is before him is puzzled and a perplexed: what he sees is changing daily. He must paint it as it stood at some one time, or else he will be putting side by side in his representations things which never were contemporaneous in reality. The difficulty is the greater because a writer who deals with a living Government naturally compares it with the most important other living Governments, and these are changing too; what he illustrates are altered in one way, and his sources of illustration are altered probably in a different way. This difficulty has been constantly in my way in preparing a second edition of this book. It describes the English Constitution as it stood in the years 1865 and 1866. Roughly speaking, it describes its working as it was in the time of Lord Palmerston; and since that time there have been many changes, some of spirit and some of detail. In so short a period there have rarely been more changes. If I had given a sketch of the Palmerston time as a sketch of the present time, it would have been in many points untrue; and if I had tried to change the sketch of seven years since into a sketch of the present time, I should probably have blurred the picture and have given something equally unlike both.
The best plan in such a case is, I think, to keep the original sketch in all essentials as it was at first written, and to describe shortly such changes either in the Constitution itself, or in the Constitutions compared with it, as seem material. There are in this book various expressions which allude to persons who were living and to events which were happening when it first appeared; and I have carefully preserved these. They will serve to warn the reader what time he is reading about, and to prevent his mistaking the date at which the likeness was attempted to be taken. I proceed to speak of the changes which have taken place either in the Constitution itself or in the competing institutions which illustrate it.
Walter Bagehot Physics and Politics written by Walter Bagehot, in which he examines how civilisations sustain themselves, arguing that in their earliest phase civilisations are very much in opposition to the values of modern liberalism, insofar as they are sustained by conformism and military success, but once they are secured it is possible for them to mature into systems which allow for greater diversity and freedom. Physics and Politics is in essence a brilliant essay in social psychology. It defines with grim humour the conditions of stability and social progress.
Walter Bagehot I venture to call this essay 'Lombard Street' and not the 'Money Market,' or any such phrase, because I wish to deal, and to show that I mean to deal, with concrete realities in my explanation of how money moves and flows around cities. Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.
Walter Bagehot *Illustrated
*Includes Table of Contents
*Includes Introductory Note from Harvard Classics Volume 28
In 1796, William Hayley named John Milton the “greatest English author,” high praise considering Milton (1608-1674) lived during the Age of Shakespeare. Regardless of whether Milton is truly the greatest English author, few question his legacy as one of the greatest writers of the English language and one of the most important philosophers of modern Europe.
Living during a tumultuous period that saw the English Civil War and the rise of Oliver Cromwell, Milton witnessed firsthand the political and religious conflicts that swept not just England but much of Europe during the 17th century. Not surprisingly, these became themes in much of his works, including the epic poems Paradise Lost and Paradise Regained, which are considered not just his masterpieces but some of the greatest poems ever written.
In the 19th century, Walter Bagehot wrote a well-received essay about John Milton that was included in Harvard Classics Volume 28. This edition of Bagehot’s essay John Milton is specially formatted with a Table of Contents and is illustrated with over a dozen pictures of Milton, his life, and his work.