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Walter Bagehot

LOMBARD STREET

A Description of the Money Market

Buch

The Government is necessarily at times possessed of large sums in cash. It is by far the richest corporation in the country; its annual revenue payable in money far surpasses that of any other body or person.... A modern Government is like a very rich man with very great debts which he cannot well pay; its credit is necessary to its prosperity, almost to its existence, and if its bankers fail when one of its debts becomes due its difficulty is intense.-from Chapter IV: The Position of the Chancellor of the Exchequer in the Money MarketMuch of what we consider modern economics is the work of British journalist and economist Walter Bagehot,… Mehr

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Produktdetails


  • ISBN: 978-1-59605-507-0
  • EAN: 9781596055070
  • Produktnummer: 2448264
  • Verlag: Cosimo Classics
  • Sprache: Englisch
  • Erscheinungsjahr: 2006
  • Seitenangabe: 404 S.
  • Masse: H20.3 cm x B12.7 cm x D2.3 cm 458 g
  • Abbildungen: Paperback
  • Gewicht: 458

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