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Walter Bagehot (1826–1877)
Bagehot, Walter (baj’ot). An English writer on political economy and government; born in Langport, Somersetshire, Feb. 3, 1826; died there, March 24, 1877. After graduating from University College, London, he studied law and was admitted to the bar; but never entered practice, being drawn rather to the study of economics and political science. His principal works are: ‘The English Constitution’ (1867); ‘Physics and Politics,’ in which the life and growth of nations are studied in the light of Darwin’s theory (1863); and ‘Lombard Street: a Description of the Money Market’ (1873); ‘Literary Studies’ (1879); ‘Biographical Studies’ (1881). (See Critical and Biographical Introduction).