Profile | Major Works | Resources |
English journalist, closely associated with the English institutionalist-historicist tradition, One of the early editors of the famous and influential "Manchester School" newspaper The Economist. Bagehot was not avidly opposed to contemporary Classical economics, but he stressed the need for more institutional content - especially cultural and social factors. He was one of the first economists to discuss the concept of the business cycle.
In his most famous book, Lombard Street (1873), Bagehot introduced a distinct theory of central banking.
After Bagehot's death in 1877, The Economist was taken over jointly by the banking expert R.H. Inglis Palgrave and journalist Daniel Conner Lathbury, pipping out its first choice of successor, Robert Giffen, who went on to found the rival The Statist.
Major Works of Walter Bagehot
|
HET
|
Resources on Walter Bagehot
|
All rights reserved, Gonçalo L. Fonseca