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Persecution in intellectual countries produces a superficial conformity, but also underneath an intense, incessant, implacable doubt.

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
Propaganda
Intense
Implacable
Countries
Incessant
Intellectual
Underneath
Produce
Persecution
Doubt
Conformity
Also
Superficial
Country
Produces

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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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Business is really more agreeable than pleasure it interests the whole mind, the aggregate nature of man more continuously, and more deeply. But it does not look as if it did.
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The best history is but like the art of Rembrandt it casts a vivid light on certain selected causes, on those which were best and greatest it leaves all the rest in shadow and unseen.
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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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One cannot make men good by Act of Parliament.
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It has been said that England invented the phrase, 'Her Majesty's Opposition' that it was the first government which made a criticism of administration as much a part of the polity as administration itself. This critical opposition is the consequence of cabinet government.
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In every particular state of the world, those nations which are strongest tend to prevail over the others and in certain marked peculiarities the strongest tend to be the best.
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The caucus is a sort of representative meeting which sits voting and voting till they have cut out all the known men against whom much is to be said, and agreed on some unknown man against whom there is nothing known, and therefore nothing to be alleged.
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The most essential mental quality for a free people, whose liberty is to be progressive, permanent and on a large scale, is much stupidity.
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If you have to prove you are worthy of credit, your credit is already gone.
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Stupidity is nature's favorite resource for preserving consistency of opinion.
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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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When great questions end, little parties begin.
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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 greatest mistake is trying to be more agreeable than you can be.
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We must not let daylight in upon the magic.
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Nothing is more unpleasant than a virtuous person with a mean mind.
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Credit means that a certain confidence is given, and a certain trust reposed. Is that trust justified? And is that confidence wise? These are the cardinal questions. To put it more simply credit is a set of promises to pay will those promises be kept?
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An element of exaggeration clings to the popular judgment: great vices are made greater, great virtues greater also interesting incidents are made more interesting, softer legends more soft.
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What impresses men is not mind, but the result of mind.
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