Published originally in 1873, this work is a masterpiece of economics, described by J. M. Keynes as 'an undying classic'. It explains the world of banking and finance, particularly financial crisis management. The ideas remain relevant today, especially in view of the global financial crisis that started in 2007.
Published in 1873, this is Bagehot's masterpiece on financial crisis management, described by J. M. Keynes as 'an undying classic'.