Lombard Street: A Description of the Money Market
Tipo de material:
TextoIdioma: en Editor: Salt Lake City, UT : Project Gutenberg, 2003Descripción: 1 online resource : multiple file formatsTipo de contenido: - text
- computer
- online resource
- HG
- Produced by Edited by Charles Aldarondo
Wikipedia page about this book: https://en.wikipedia.org/wiki/Lombard_Street:_A_Description_of_the_Money_Market
Release date is 2003-08-01
Produced by Edited by Charles Aldarondo
"Lombard Street: A Description of the Money Market" by Walter Bagehot is a financial work published in 1873. Written in response to a devastating banking collapse that triggered panic across Britain, the book explains international finance and banking in clear language. Bagehot outlines crucial principles for how central banks should respond during credit crises, offering guidance on lending practices that would protect the financial system while preventing widespread alarm among solvent institutions. (This is an automatically generated summary.)
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