Walter Bagehot

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All the inducements of early society tend to foster immediate action; all its penalties fall on the man who pauses; the traditional wisdom of those times was never weary of inculcating that "delays are dangerous," and that the sluggish man the man "who roasteth not that which he took in hunting" will not prosper on the earth, and indeed will very soon perish out of it. And in consequence an inability to stay quiet, an irritable desire to act directly, is one of the most conspicuous failings of mankind.
- Walter Bagehot
Collection: Fall
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Money is economic power.
- Walter Bagehot
Collection: Money
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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
Collection: Bankers
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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
Collection: Society
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We see but one aspect of our neighbor, as we see but one side of the moon; in either case there is also a dark half, which is unknown to us. We all come down to dinner, but each has a room to himself.
- Walter Bagehot
Collection: Dark
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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
Collection: Wise
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Nine tenths of modern science is in this respect the same: it is the produce of men whom their contemporaries thought dreamers - who were laughed at for caring for what did not concern them - who, as the proverb went, 'walked into a well from looking at the stars' - who were believed to be useless, if anyone could be such.
- Walter Bagehot
Collection: Life
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The whole history of civilization is strewn with creeds and institutions which were invaluable at first, and deadly afterwards
- Walter Bagehot
Collection: Civilization
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There seems to be an unalterable contradiction between the human mind and its employments. How can a soul be a merchant? What relation to an immortal being have the price of linseed, the brokerage on hemp? Can an undying creature debit petty expenses and charge for carriage paid? The soul ties its shoes; the mind washes its hands in a basin. All is incongruous.
- Walter Bagehot
Collection: Shoes
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Business is really more agreeable than pleasure; it interests the whole mind, the aggregate nature of man more continuously, and more deeply. But it does not look as if it did.
- Walter Bagehot
Collection: Business
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The characteristic merit of the English constitutions is, that its dignified parts are very complicated and somewhat imposing, very old and rather venerable, while its efficient part, at least when in great and critical action, is decidedly simple and modern.
- Walter Bagehot
Collection: Simple
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When great questions end, little parties begin.
- Walter Bagehot
Collection: Party
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The apparent rulers of the English nation are like the most imposing personages of the a splendid procession; it is by them that the mob are influenced; it is they who the inspectors cheer. The real rulers are secreted in second hand carriages; no one cares for them or asks about them, but they are obeyed implicitly and unconsciously by reason of the splendour of those who eclipsed and preceded them.
- Walter Bagehot
Collection: Cheer
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But of all nations in the world the English are perhaps the least a nation of pure philosophers.
- Walter Bagehot
Collection: World
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One cannot make men good by Act of Parliament.
- Walter Bagehot
Collection: Men
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Life is not a set campaign, but an irregular work, and the main forces in it are not overt resolutions, but latent and half-involuntary promptings.
- Walter Bagehot
Collection: Life
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The caucus is a sort of representative meeting which sits voting and voting till they have cut out all the known men against whom much is to be said, and agreed on some unknown man against whom there is nothing known, and therefore nothing to be alleged.
- Walter Bagehot
Collection: Cutting
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Not only does a bureaucracy tend to under-government in point of quality; it tends to over-government in point of quantity.
- Walter Bagehot
Collection: Government
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No man has come so near our definition of a constitutional statesman – the powers of a first-rate man and the creed of a second-rate man.
- Walter Bagehot
Collection: Firsts