Lombard Street in London is the original district of finance, the birthplace of the money market, and the model for Wall Street. This 1873 classic endeavors to explain the money market to investors – from the theory of a national reserve to the principles of credit and lending. This book chronicles the history and purpose of Lombard Street, the foundation of today’s world economy.
Book Details:
- Author: Walter Bagehot
- ISBN: 9780471344995
- Year Published: 1999
- Pages: 384
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
Lombard Street in London is the original district of finance, the birthplace of the money market, and the model for Wall Street. This 1873 classic endeavors to explain the money market to investors – from the theory of a national reserve to the principles of credit and lending. This book chronicles the history and purpose of Lombard Street, the foundation of today’s world economy.
This book will be popular among investors who are interested in the principles behind today’s markets. It is a good fit in the Wiley Investment Classics series. This title is in the public domain, although no major house has published it recently.
Features a new foreword by Peter Bernstein, author of the best-selling Against the Gods.
About the Author
WALTER BAGEHOT is one of the most celebrated finance writers ever. One of the most lucid and discerning critics of his time, Bagehot was editor of the highly regarded Economist. Widely acknowledged as an expert on banking and finance, he was frequently consulted by Parliament.