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Lombard Street: A Description of the Money Market | [Walter Bagehot]

Lombard Street: A Description of the Money Market

Lombard Street by Walter Bagehot is a description of the money market, published in 1873. Bagehot was one of the first writers to describe and explain the world of international and corporate finance, banking, and money in understandable language. This book was in part a reaction to the 1866 collapse of Overend, Gurney and Company, located at 65 Lombard Street, from which comes the title.
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Publisher's Summary

Lombard Street by Walter Bagehot is a description of the money market, published in 1873. Bagehot was one of the first writers to describe and explain the world of international and corporate finance, banking, and money in understandable language. This book was in part a reaction to the 1866 collapse of Overend, Gurney and Company, located at 65 Lombard Street, from which comes the title.

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    PHIL San Diego, CA, United States 10-21-11
    PHIL San Diego, CA, United States 10-21-11 Member Since 2011
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    "Banking and institutional history fans may like it"

    Bagehot was a ground-breaking writer on things financial and economic. This work was a landmark I believe in the formation of 20th-century concepts of banking, and central banking in particular. Those who enjoyed "The Bankers Who Broke the World" might like this, though this is drier. I liked the cadence of this fine, sober English prose.

    1 of 1 people found this review helpful
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