Lombard Street: A Description of the Money Market by Walter Bagehot
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"Lombard Street: A Description of the Money Market" by Walter Bagehot is a financial work published in 1873. Written in response to a devastating banking collapse that triggered panic across Britain, the book explains international finance and banking in clear language. Bagehot outlines crucial principles for how central banks should respond during credit crises, offering guidance on lending practices that would protect the financial system while preventing widespread alarm among solvent institutions.
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About this eBook
| Author | Bagehot, Walter, 1826-1877 |
|---|---|
| Title | Lombard Street: A Description of the Money Market |
| Note | Wikipedia page about this book: en.wikipedia.org/wiki/Lombard_Street:_A_Description_of_the_Money_Market |
| Credits | Produced by Edited by Charles Aldarondo |
| Reading Level | Reading ease score: 62.6 (8th & 9th grade). Neither easy nor difficult to read. |
| Language | English |
| LoC Class | HG: Social sciences: Finance |
| Subject | Finance -- Great Britain |
| Subject | Banks and banking -- Great Britain |
| Subject | Banks and banking -- England -- London |
| Subject | Finance -- England -- London |
| Category | Text |
| eBook-No. | 4359 |
| Release Date | Aug 1, 2003 |
| Last Update | Oct 20, 2014 |
| Copyright | Public domain in the USA. |
| Downloads | 674 downloads in the last 30 days. |
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