This ULTIMATE collection of Walter Bagehot's works contains the following books:Early Essays, Lombard Street, The Metaphysical Basis of Toleration, Monsieur Guizot, Professor Cairnes, The Public Worship Regulation Bill, The English Constitution, THE DEPRECIATION OF SILVER, THE CURRENCY, MONOPOLY, PRINCIPLES OF POLITICAL ECONOMY, Political, & Literary, Essays, PHYSICS AND POLITICS, MEMOIR, Historical & Literary Essays, Historical & Financial EssaysABOUT THE AUTHOR:Bagehot was called to the bar by Lincoln's Inn, but preferred to join his father in 1852 in his family's shipping and banking business. He wrote for various periodicals, and in 1855 founded the National Review with his friend Richard Holt Hutton. Later becoming editor-in-chief of The Economist, which had been founded by his father-in-law, James Wilson, in 1860, Bagehot expanded The Economist's reporting on the United States and on politics and is considered to have increased its influence among policymakers over the seventeen years he served as editor. In honour of his contributions, the paper's weekly commentary on current affairs in the UK is entitled "Bagehot," just as its "Lexington" column addresses the United States, "Charlemagne" addresses Europe, "Banyan" addresses Asia, "Schumpeter" addresses business, and "Buttonwood" addresses financial markets.In 1867, he wrote The English Constitution, a book that explored the nature of the constitution of the United Kingdom, specifically the functioning of Parliament and the British monarchy and the contrasts between British and American government. The book appeared at the same time that Parliament enacted the Reform Act of 1867, requiring Bagehot to write an extended introduction to the second edition, which appeared in 1872. The book became an instant classic, has been translated into many languages, and is still available in scholarly editions from Oxford University Press (in its "World's Classics" series) and Cambridge University Press.Bagehot also wrote Physics and Politics (1872), in which he coined the still-current expression, "the cake of custom," to describe the tension between social institutions and innovations. In his contributions to sociological theory within historical studies, Bagehot may be compared to his contemporary, Henry James Sumner Maine.Lombard Street (1873), explains the world of finance and banking and focuses particularly on issues in the management of financial crises. Bagehot’s observations on finance remain relevant and cited by central bankers, most recently in the wake of the global financial crisis that began in 2007.Collections of Bagehot's literary, political, and economic essays were published after his death. Their subjects ranged from Shakespeare and Disraeli to the price of silver.