The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 73
... panic grows by what it feeds on ; if it devours these second - class men , shall we , the first class , be safe ? ' A panic , in a word , is a species of neuralgia , and according to the rules of science you must not starve it . The ...
... panic grows by what it feeds on ; if it devours these second - class men , shall we , the first class , be safe ? ' A panic , in a word , is a species of neuralgia , and according to the rules of science you must not starve it . The ...
Стр. 79
... panic or much help it if it tries . The real reason has not been distinctly seen . As has been already said - but on ... panic , yet as they do not do so on any distinct principle , they naturally do it hesitatingly , reluctantly , and ...
... panic or much help it if it tries . The real reason has not been distinctly seen . As has been already said - but on ... panic , yet as they do not do so on any distinct principle , they naturally do it hesitatingly , reluctantly , and ...
Стр. 147
... panic ; and the advances should , if possible , stay the panic . And for this purpose there are two rules : First , that these loans should only be made at a very high rate of interest . This will operate as a heavy fine on unreasonable ...
... panic ; and the advances should , if possible , stay the panic . And for this purpose there are two rules : First , that these loans should only be made at a very high rate of interest . This will operate as a heavy fine on unreasonable ...
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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