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Lombard Street

A Description of the Money Market

Language EnglishEnglish
Book Paperback
Book Lombard Street Walter Bagehot
Libristo code: 08800983
Publishers Martino Fine Books, February 2014
2014 Reprint of 1962 Edition. Full facsimile of the original edition, not reproduced with Optical R... Full description
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3 549 Ft
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2014 Reprint of 1962 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. With an introduction by Frank C. Genovese. "Lombard Street: A Description of the Money Market" (1873) remains to this day an influential book in the field of economics and trade. Bagehot was one of the first writers to describe and explain the world of international and corporate finance, banking, and money in understandable language. Lombard Street is known for its analysis of the Bank of England's response to the Overend-Gurney crisis. Bagehot's advice for the lender of last resort during a credit crunch ("Bagehot's dictum") is often summarized as follows: 1. Lend freely. 2. At a high rate of interest. 3. On good banking securities.

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About the book

Full name Lombard Street
Author Walter Bagehot
Language English
Binding Book - Paperback
Date of issue 2014
Number of pages 196
EAN 9781614275787
ISBN 9781614275787
Libristo code 08800983
Publishers Martino Fine Books
Weight 304
Dimensions 220 x 173 x 13

Categories

Economics, Finance, Business & Management > Finance & accounting > Finance > Banking
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