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Poverty is an anomaly to rich people it is very difficult to make out why people who want dinner do not ring the bell.
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
Sociologist
Langport
Somerset
Rich
Bell
Difficult
Bells
Make
Inequality
People
Ring
Rings
Dinner
Poverty
Anomaly
Wealth
Anomalies
More quotes by Walter Bagehot
One cannot make men good by Act of Parliament.
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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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What impresses men is not mind, but the result of mind.
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A constitutional statesman is in general a man of common opinions and uncommon abilities.
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The whole history of civilization is strewn with creeds and institutions which were invaluable at first, and deadly afterwards
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We see but one aspect of our neighbor, as we see but one side of the moon in either case there is also a dark half, which is unknown to us. We all come down to dinner, but each has a room to himself.
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No man has come so near our definition of a constitutional statesman - the powers of a first-rate man and the creed of a second-rate man.
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The most intellectual of men are moved quite as much by the circumstances which they are used to as by their own will. The active voluntary part of a man is very small, and if it were not economized by a sleepy kind of habit, its results would be null.
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Under a Presidential government, a nation has, except at the electing moment, no influence it has not the ballot-box before it its virtue is gone, and it must wait till its instant of despotism again returns.
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Dullness in matters of government is a good sign, and not a bad one - in particular, dullness in parliamentary government is a test of its excellence, an indication of its success.
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It is often said that men are ruled by their imaginations but it would be truer to say they are governed by the weakness of their imaginations.
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The most melancholy of human reflections, perhaps, is that, on the whole, it is a question whether the benevolence of mankind does most good or harm.
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In the faculty of writing nonsense, stupidity is no match for genius.
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The peculiar essence of our banking system is an unprecedented trust between man and man. And when that trust is much weakened by hidden causes, a small accident may greatly hurt it, and a great accident for a moment may almost destroy it.
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The characteristic danger of great nations, like the Romans or the English which have a long history of continuous creation, is that they may at last fail from not comprehending the great institutions which they have created
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No great work has ever been produced except after a long interval of still and musing meditation.
Walter Bagehot
Most men of business think Anyhow this system will probably last my time. It has gone on a long time, and is likely to go on still.
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Every banker knows that if he has to prove that he is worthy of credit, however good may be his arguments, in fact his credit is gone: but what we have requires no proof.
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A severe though not unfriendly critic of our institutions said that the cure for admiring the House of Lords was to go and look at it.
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One of the greatest pains to human nature is the pain of a new idea. It...makes you think that after all, your favorite notions may be wrong, your firmest beliefs ill-founded....Naturally, therefore, common men hate a new idea, and are disposed more or less to ill-treat the original man who brings it.
Walter Bagehot
