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Civilized ages inherit the human nature which was victorious in barbarous ages, and that nature is, in many respects, not at all suited to civilized circumstances.
Walter Bagehot
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Walter Bagehot
Age: 51 †
Born: 1826
Born: February 3
Died: 1877
Died: March 24
Businessperson
Economist
Engineer
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Political Scientist
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Langport
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Human
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More quotes by Walter Bagehot
So long as war is the main business of nations, temporary despotism - despotism during the campaign - is indispensable.
Walter Bagehot
Efficiency in an assembly requires a solid mass of steady votes and these are collected by a deferential attachment to particular men, or by a belief in the principles that those men represent, and they are maintained by fear of those men - by the fear that if you vote against them, you may soon yourself have no vote at all.
Walter Bagehot
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.
Walter Bagehot
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.
Walter Bagehot
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?
Walter Bagehot
The most essential mental quality for a free people, whose liberty is to be progressive, permanent and on a large scale, is much stupidity.
Walter Bagehot
A democratic despotism is like a theocracy: it assumes its own correctness.
Walter Bagehot
Capital must be propelled by self-interest it cannot be enticed by benevolence.
Walter Bagehot
The cure for admiring the House of Lords is to go and look at it.
Walter Bagehot
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.
Walter Bagehot
What we opprobriously call stupidity, though not an enlivening quality in common society, is nature's favorite resource for preserving steadiness of conduct and consistency of opinion.
Walter Bagehot
The whole history of civilization is strewn with creeds and institutions which were invaluable at first, and deadly afterwards
Walter Bagehot
Money is economic power.
Walter Bagehot
An ambassador is not simply an agent he is also a spectacle.
Walter Bagehot
Go ahead and do the impossible. It's worth the look on the faces of those who said you couldn't.
Walter Bagehot
Royalty is a government in which the attention of the nation is concentrated on one person doing interesting actions.
Walter Bagehot
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.
Walter Bagehot
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.
Walter Bagehot
A constitutional statesman is in general a man of common opinions and uncommon abilities.
Walter Bagehot
Nations touch at their summits.
Walter Bagehot
