Title
Lombard Street: A Description Of The Money Market (Wiley Investment Classics),Used
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Lombard Street began as a series of articles the esteemed essayist and financial advisor, Walter Bagehot had written for The Economist during the 1850s. First published in book form in 1873, it is a vivid description of the money market that seamlessly brings together theoretical analyses, historical anecdotes, and incisive commentary on sociology, politics, and the Street's various personalities.Sharing his invaluable insights and unique observations, Bagehot touches on everything from the mechanics of deposit banking within a fractional reserve system to the nature of foreign deposits in Britain. Along with a clear explanation of why economic growth and rising living standards are dependent upon a wellmanaged financial system, he offers straightforward guidelines for the function of lenderoflast resort; a penetrating look at the consequences of uncontrolled credit and speculation; and an indepth examination of the exchequer in the money market that includes a stimulating analysis of the interaction between the government's fiscal operations and the functioning of the Bank of England, the commercial banks, and the money market. Perhaps most importantly, Lombard Street features Bagehot's prescription for crisis management, which after nearly 150 years, remains the formula of choice for containingand curtailingfinancial crises.Filled with descriptions of Lombard Street that still ring true today, this jewel of a book has withstood the test of time to become a true investment classicone that will appeal as much to the readers of today as it did to those of years ago.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main theme of 'Lombard Street: A Description of the Money Market'? A: The main theme of 'Lombard Street' revolves around the evolution of the financial markets, particularly focusing on the banking and credit systems during Bagehot's era, offering insights that remain relevant today.
- Q: Who is the author of 'Lombard Street' and what is his significance? A: The author, Walter Bagehot, was a prominent English journalist and economist known for his influential writings on finance and economics, particularly his analysis of the banking system.
- Q: What condition is the book in and what does 'Good' condition mean? A: 'Good' condition indicates that the book is used but remains in a satisfactory state, with minimal wear and tear, ensuring that it is readable and intact.
- Q: How many pages does 'Lombard Street' have? A: 'Lombard Street' contains 359 pages, providing a comprehensive exploration of the money market.
- Q: What type of binding does this book have? A: The book is published in paperback binding, making it lightweight and flexible for reading.
- Q: When was 'Lombard Street' published? A: 'Lombard Street' was published on January 1, 1999, as part of the Wiley Investment Classics series.
- Q: Is there a return policy for this book? A: Yes, there is a 'no quibbles' return policy, allowing customers to return the book if they are not satisfied with their purchase.
- Q: What features make this book appealing to readers? A: This book is new, in mint condition, dispatched the same day for orders received before noon, and comes with guaranteed packaging.
- Q: What category does 'Lombard Street' fall under? A: 'Lombard Street' is categorized under Economics, making it suitable for readers interested in financial history and market analysis.
- Q: What insights can readers expect from this classic text? A: Readers can expect insightful analyses of the banking and credit system's evolution during Bagehot's time, along with critical reflections that are still applicable today.