The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 136
... never prepared for sudden improvements . A board of upright and sensible merchants will always act according to what it considers ' safe ' principles - that is , according to the received maxims of the mercantile world then and there ...
... never prepared for sudden improvements . A board of upright and sensible merchants will always act according to what it considers ' safe ' principles - that is , according to the received maxims of the mercantile world then and there ...
Стр. 319
... never thought of the matter ; there was nothing ' practical ' as they would speak in considering it . The knowledge ... never very seriously considered the subject . The management of the Bank of England before 1844 was so bad that they ...
... never thought of the matter ; there was nothing ' practical ' as they would speak in considering it . The knowledge ... never very seriously considered the subject . The management of the Bank of England before 1844 was so bad that they ...
Стр. 492
... never thinks of repaying , however much it may be demanded . There is , indeed , often greater excuse for the insolvency of a government than for the insolvency of an individual . The strain upon national finance at a crisis such as has ...
... never thinks of repaying , however much it may be demanded . There is , indeed , often greater excuse for the insolvency of a government than for the insolvency of an individual . The strain upon national finance at a crisis such as has ...
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Editors Preface | 19 |
Foreign Countries 186376 | 22 |
Note on the Text | 25 |
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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