Lombard Street - A Description of the Money Market

Klappentext Published in 1873, this is Bagehot's masterpiece on financial crisis management, described by J. M. Keynes as 'an undying classic'. Zusammenfassung Published originally in 1873! this work is a masterpiece of economics! described by J. M. Keynes as 'an undying classic'. It explains the world of banking and finance! particularly financial crisis management. The ideas remain relevant today! especially in view of the global financial crisis that started in 2007. Inhaltsverzeichnis Prefatory note; Advertisement; 1. Introductory; 2. A general view of Lombard Street; 3. How Lombard Street came to exist, and why it assumed its present form; 4. The position of the Chancellor of the Exchequer in the money market; 5. The mode in which the value of money is settled in Lombard Street; 6. Why Lombard Street is often very dull, and sometimes extremely excited; 7. A more exact account of the mode in which the Bank of England has discharged its duty of retaining a good bank reserve, and of administering it effectually; 8. The government of the Bank of England; 9. The joint stock banks; 10. The private banks; 11. The bill brokers; 12. The principles which should regulate the amount of the banking reserve to be kept by the Bank of England; 13. Conclusion; Appendix.

Product details

• Authors: Walter Bagehot
• Assisted by: E. Johnstone (Editor)
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 31.12.2018
• EAN: 9781108035811
• ISBN: 978-1-108-03581-1
• No. of pages: 372
• Series: Cambridge Library Collection - British and Irish History, 19th Century; Cambridge Library Collection - British and Irish History, 19th Century
• Subjects: Social sciences, law, business > Business > Individual industrial sectors, branches; BUSINESS & ECONOMICS / Economic History, Economic history, Economic & financial crises & disasters, Economic and financial crises and disasters