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Life is a school of probability.
Walter Bagehot
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Walter Bagehot
Age: 51 †
Born: 1826
Born: February 3
Died: 1877
Died: March 24
Businessperson
Economist
Engineer
Journalist
Political Scientist
Politician
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Langport
Somerset
School
Life
Probability
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More quotes by Walter Bagehot
A constitutional statesman is in general a man of common opinions and uncommon abilities.
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A great pleasure in life is doing what people say you cannot do.
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Throughout the greater part of his life George III was a kind of 'consecrated obstruction'.
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The Sovereign has, under a constitutional monarchy such as ours, three rights - the right to be consulted, the right to encourage, the right to warn. And a king of great sense and sagacity would want no others.
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Stupidity is nature's favorite resource for preserving consistency of opinion.
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An ambassador is not simply an agent he is also a spectacle.
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The best security for people's doing their duty is that they should not know anything else to do.
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The whole history of civilization is strewn with creeds and institutions which were invaluable at first, and deadly afterwards
Walter Bagehot
You may talk of the tyranny of Nero and Tiberius but the real tyranny is the tyranny of your next-door neighbor.
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One of the greatest pains to human nature is the pain of a new idea.
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Great and terrible systems of divinity and philosophy lie round about us, which, if true, might drive a wise man mad.
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The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.
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Public opinion is a permeating influence, and it exacts obedience to itself it requires us to drink other men's thoughts, to speak other men's words, to follow other men's habits.
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What impresses men is not mind, but the result of mind.
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In the faculty of writing nonsense, stupidity is no match for genius.
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The less money lying idle the greater is the dividend.
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Not only does a bureaucracy tend to under-government in point of quality it tends to over-government in point of quantity.
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It is good to be without vices, but it is not good to be without temptations.
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The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.
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The real essence of work is concentrated energy - people who really have that in a superior degree by nature are independent of the forms and habits and artifices by which less able and less active people are kept up to their labors.
Walter Bagehot
