Book of the Week: Lombard Street
25 Nov 2016
This week I partially read Lombard Street: A Description of the Money Market by Walter Bagehot, because this book was reference in another book that I read. This book was written in 1873. Normally I’d be really interested in books like these. I am, but I need to focus on cut down on nonessential reading since I can’t absorb any information while my mind is somewhere else. It is funny that money hasn’t changed much in over 100 years. What was applicable back then is still applicable today. Amazing. Ties in nicely with how finance enables large scale projects like railroads and how banking is built on credit and trust. Since I moved to privately published posts, I feel no obligation to write more. Like Marie Kondo says, remove stuff that doesn’t bring joy.