Lombard Street : A Description of the Money Market (Wiley Investment Classic)
Walter BagehotISBN: 0471345369; 9780471345367;
"I have lost track of how many times over the years I have either reread this book in its entirety or dipped into it to refresh my memory of its wisdom."—From the Foreword by Peter L. Bernstein author of Against the Gods. First published in 1873, this classic book is a timeless excursion through Lombard Street, the original district of finance and the birthplace of the money market. Written by esteemed British economist and historian Walter Bagehot, it delivers observations, insights, and truths that ring as true today as they did more than a century ago. Acclaim for Lombard Street. "Walter Bagehot was a great economist and a great writer—though there is a question as to which was the greater. Lombard Street, first publishedin 1873, is more than ever timely in the age of Asian financial flu, Long-Term Capital Management, problems in Russia, Brazil, and on the horizon elsewhere. Central bankers and finance ministers such as Alan Greenspan and Robert Rubin...