<p/><br></br><p><b> About the Book </b></p></br></br>"Excellent... and written in a gripping style." --<em>The Economist</em><p/><br></br><p><b> Book Synopsis </b></p></br></br><p>During the upheavals of 2007-09, the chairman of the Federal Reserve had the name of one Victorian icon on the tip of his tongue: Walter Bagehot. Banker, man of letters, and inventor of the Treasury bill, Bagehot prescribed the doctrines that--decades later--inspired the radical responses to the world's worst financial crises. Persuasive and precocious, he was also the esteemed editor of the <em>Economist</em>. He offered astute commentary on the financial issues of his day, held sway in political circles, made as many high-profile friends as enemies, and won the admiration of Matthew Arnold and Woodrow Wilson. Drawing on a wealth of historical documents, correspondence, and publications, James Grant paints a vivid portrait of the banker and his world.</p><p/><br></br><p><b> Review Quotes </b></p></br></br><br>A gem of a book: entertaining, wry, and gloriously eccentric.--Sebastian Mallaby "Foreign Affairs"<br><br>Bagehot was a financial journalist with a love of English literature and a facility for clear and cogent prose. So is Mr. Grant.... <em>Bagehot</em> is a terrific and efficient survey of the political and economic disputations of mid-Victorian England.--Barton Swaim "The Wall Street Journal"<br><br>Excellent.--Benjamin Schwarz "The New York Times Book Review"<br><br>James Grant [is] one of the most influential contemporary commentators on Wall Street.... In Grant's hands, Bagehot's life and career provide a superb prism through which to observe the extraordinary revolution in the British economy during the 19th century.--Simon Nixon "The Times (London)"<br><br>Lively.... Entertaining.--John Lanchester "The New Yorker"<br><br>Very enjoyable... Grant demonstrates that he has the measure of a fascinating--and great--Victorian.--John Plender "Financial Times"<br><br>The most perceptive and brilliant economic and political writer of his time deserves a biographer of equal literary merit. In James Grant, Walter Bagehot has found him.--Mervyn King, former governor of the Bank of England and author of The End of Alchemy<br>
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