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Bagehot - The Life and Times of the Greatest Victorian (Hardcover)
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Bagehot - The Life and Times of the Greatest Victorian (Hardcover)
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During the upheavals of 2007-9, Ben Bernanke, chairman of the
Federal Reserve, had the name of a Victorian icon on the tip of his
tongue: Walter Bagehot. Banker, man of letters, inventor of the
Treasury bill and author of Lombard Street, Bagehot prescribed the
doctrines that-decades later-inspired the radical responses to the
world's worst financial crises. In James Grant's colourful and
groundbreaking biography, Bagehot appears as both an ornament to
his own age and a muse to our own. Brilliant and precocious, he was
influential in political circles, making high-profile friends,
including William Gladstone-and enemies in Lord Overstone and
Benjamin Disraeli. As an essayist on wide-ranging topics, he won
the admiration of Matthew Arnold and Woodrow Wilson. He was also a
misogynist, and while he opposed slavery, he misjudged Abraham
Lincoln and the Civil War. As editor of the Economist, he offered
astute commentary on the financial issues of his day and his name
lives on in an eponymous weekly column.
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