Lombard Street: A Description of the Money Market
by Walter Bagehot
- Used
- Hardcover
- first
- Condition
- Very Good Indeed
- Seller
-
BATH, Somerset, United Kingdom
Item Price
€2,075.85€1,868.26
Payment Methods Accepted
About This Item
London: Henry S. King & Co, 1873 . Cloth. Very Good Indeed. 8" by 5.5". None. A handsome copy of the second edition of Walter Bagehot's seminal economic work, providing a comprehensive analysis of the British banking system. The very scarce second edition of this work, published in the same year as the first edition.Termed an 'undying classic' by Keynes, Bagehot's work was published in part as a reaction to the collapse of the Overend-Gurney bank, which caused widespread panic in England in the 1860s.The economist Sir Paul Tucker analysed the message of Bagehot's work as relaying the message that: 'to avert panic, central banks should lend early and freely (ie without limit), to solvent firms, against good collateral, and at "high rates"'.Bagehot's work lays out principles for the managing financial crises, including the need for prompt and decisive action by central banks, transparency in their operations, and the establishment of rules to guide their interventions.The second edition of a classic work of economic theory; Bagehot's recommendation that the Bank alter gold reserves based on economic cycles was highly influential. In the publisher's original cloth binding. Front board exceptionally bright, with light tide mark to the tail of the rear board. A touch of discolouration to back strip, with bumping to spine head and tail, and minor losses to the cloth in these regions. Internally, firmly bound. Pages lightly age toned, with instances of spotting throughout, most concentrated to first and last few leaves. Very Good Indeed
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Details
- Bookseller
- Rooke Books (GB)
- Bookseller's Inventory #
- 857F33
- Title
- Lombard Street: A Description of the Money Market
- Author
- Walter Bagehot
- Illustrator
- None
- Format/Binding
- Cloth
- Book Condition
- Used - Very Good Indeed
- Quantity Available
- 1
- Binding
- Hardcover
- Publisher
- Henry S. King & Co
- Place of Publication
- London
- Date Published
- 1873
- Size
- 8" by 5.5"
- Keywords
- economics Walter Bagehot corporate finance banking Walter Bagehot
Terms of Sale
Rooke Books
Books are sent on approval and may be returned in like condition for any reason within 14 days of receipt. Responsibility of return to be with the purchaser.
About the Seller
Rooke Books
Biblio member since 2007
BATH, Somerset
About Rooke Books
Welcome to Rooke Books Antiquarian Bookseller
We are a small team dedicated to bringing you very scarce books at reasonable prices. We specialise in rare and hard to come by works on all subjects over the last 500 years, together with modern first editions and decorative sets and bindings. Our library has something for every interest and specialism. We deliver worldwide using a fully tracked and insured courier delivery service.
Where are We?
Based in the literary city of Bath, our offices are housed in the Eastern Dispensary. Built in 1845, the building originally existed as a charitable institution providing medical care. The building now houses our collection of over twenty thousand books and has five full time members of staff.
We are a small team dedicated to bringing you very scarce books at reasonable prices. We specialise in rare and hard to come by works on all subjects over the last 500 years, together with modern first editions and decorative sets and bindings. Our library has something for every interest and specialism. We deliver worldwide using a fully tracked and insured courier delivery service.
Where are We?
Based in the literary city of Bath, our offices are housed in the Eastern Dispensary. Built in 1845, the building originally existed as a charitable institution providing medical care. The building now houses our collection of over twenty thousand books and has five full time members of staff.
Glossary
Some terminology that may be used in this description includes:
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
- Cloth
- "Cloth-bound" generally refers to a hardcover book with cloth covering the outside of the book covers. The cloth is stretched...
- Spine
- The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
- Tail
- The heel of the spine.
- Leaves
- Very generally, "leaves" refers to the pages of a book, as in the common phrase, "loose-leaf pages." A leaf is a single sheet...