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Lombard Street: A Description of the Money Market - Wikipedia Lombard Street: A Description of the Money Market (1873) is a book by Walter Bagehot. 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 initially printed in Great Britain by Henry S. King & Co. in 1873. Lombard Street: A Description of the Money Market - Econlib When Walter Bagehot wrote Lombard Street: A Description of the Money Market, in 1873, he did the unthinkable: In language as fresh and clear today as it was over 100 years ago, he respectfully dissected the Bank of Englands foundations, economic incentives, goals, and functions. In the process, he illuminated in a mere few hundred brilliant ... Lombard Street: A Description of the Money Market. Lombard Street: A Description of the Money Market. Walter Bagehot CHAPTER I - Introductory I venture to call this Essay Lombard Street,' and not the Money Market,' or any such phrase, because I wish to deal, and to show that I mean to deal, with concrete realities. A notion prevails
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