The Collected Works of Walter Bagehot: The economic essays |
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Стр. 86
At the beginning of history , we find it doing everything which society wants done , and forbidding everything which society does not wish done . In trade , at present the first commerce in a new place is a general shop which ...
At the beginning of history , we find it doing everything which society wants done , and forbidding everything which society does not wish done . In trade , at present the first commerce in a new place is a general shop which ...
Стр. 127
Such a period naturally excites the sanguine and the ardent ; they fancy that the prosperity they see will last always , that it is only the beginning of a greater prosperity . They altogether over - estimate the demand for the article ...
Such a period naturally excites the sanguine and the ardent ; they fancy that the prosperity they see will last always , that it is only the beginning of a greater prosperity . They altogether over - estimate the demand for the article ...
Стр. 176
Not only did they keep their reserve from the beginning at the Bank of England , but they did not keep so much reserve as they would have kept if there had been no Bank of England . For a long time this was hardly noticed .
Not only did they keep their reserve from the beginning at the Bank of England , but they did not keep so much reserve as they would have kept if there had been no Bank of England . For a long time this was hardly noticed .
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Editors Preface | 19 |
Foreign Countries 186376 | 22 |
Note on the Text | 25 |
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Часто встречающиеся слова и выражения
advances alarm amount augmented Bagehot balance Bank directors bank notes Bank of England Bank of France bankers banking department banking reserve bill brokers borrow bullion capital cash cause cent cheque circulation coin commercial commodities companies consequence currency danger dealers demand deposit banking depreciation diminished discount dividend doubt economic Economist effect English evil exchange Exchequer export foreign give gold Governor greater important increase industry joint stock banks joint stock companies keep lend lent less loans Lombard Street London Lord Overstone means ment mercantile merchants metallic money market monopoly nation natural never note issue obtain opinion Overend paid panic paper payment Peel's Act persons present principle private banks profit quantity railway rate of interest rise of prices Scotland securities shareholders Sir Robert Peel's theory trade transactions value of money Walter Bagehot wealth whole