[Mobile library] Lombard Street: A Description of the Money Market






 | #456870 in eBooks |  2015-06-30 |  2015-06-30 | File Name: B00ZE97I9S


||9 of 9 people found the following review helpful.| First class author, but amateurishly printed by Echo Library|By Adam Smith|I'm about 1/3 into this book, and it's excellent. I wish I had read it many years ago. But I have to wince at the terrible job Echo Library did in printing it.

It's full of obvious missing spaces so that words run together, likethesewords.
This happens on almost every page. The author|.com |People panicked during a credit crunch or economic downturn on London's Lombard Street of the 1800s just as they do on Wall Street today. That's only one reason this reprint of the classic book by famed 19th-century economist Walter Bagehot offers lesson

Financial observer and journalist Walter Bagehot sheds light on the world of banking in his influential tract

Written in response to a nineteenth-century banking crisis in England, Walter Bagehot’s influential treatise was one of the first to clearly explain complex financial systems like international banking, currency, and corporate finance in clear and easy-to-understand language. Credit, Bagehot suggests, is based primarily on trust. Wh...


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