The Knight-Bagehot Fellowship offers experienced journalists the opportunity to enhance their understanding of business and ...

Walter Bagehot, who used to figure at Crabb Robinson's famous breakfasts, expatiates on Robinson's chin,—"a chin of excessive length and portentous power of extension." The old gentleman "made ...

An investigation has revealed that the King and Prince of Wales’ private estates have struck rental deals with the NHS, ...

Free banking is one alternative to central banks, but would switching to a radical new system be worth the risk?

Walter Bagehot's anatomy of The English Constitution is a classic of English political writing. In this new Cambridge Texts edition it appears for the first time in its original (1867) book version, ...

RBI has tightened its regulation of banks considerably but bankers rarely show resistance in public. This doesn’t mean they ...

But the role of a central bank in a crisis, in a panic -- and this goes back to the panic of 1825 and basically the handbook that was written by a man named [Walter] Bagehot with the Bank of ...

The Federal Reserve risks moving beyond its role as a lender of last resort to a prop markets need to function even in normal ...

Mr. Norris attended the University of California in Irvine. He was a Walter Bagehot Fellow in Economics and Business Journalism at Columbia University for two terms and received an MBA in 1982.

First word IN my opinion, the most telling exchange between ex-president Rodrigo Duterte and Sen. Risa Hontiveros at the ...

LENDER OF LAST RESORT A central bank's role as a lender of last resort was first theorized by the 19th century economist Walter Bagehot, who wrote it was needed to prevent bank panics. The Fed ...