Lombard Street

A Description of the Money Market

By: Walter Bagehot

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eBook | 16 November 2016 | Edition Number 1

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Bagehot was one of the first writers to describe and explain the world of international and corporate finance, banking, and money in understandable language. The book was in part a reaction to the 1866 collapse of Overend, Gurney and Company, located at 65 Lombard Street, from which the title draws its name. Bagehot's description, and knowledge, is timeless and a must for anyone who wants to understand our money market and economy.