English economist and political analyst (1826-1877)
The less money lying idle the greater is the dividend.
WALTER BAGEHOT
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Lombard Street
Many men—most men—get to like or think they like that which is ever before them, and which those around them like, and which received opinion says they ought to like; or if their minds are too marked and oddly made to get into the mould, they give up reading altogether, or read old books and foreign books, formed under another code and appealing to a different taste. The principle of 'elimination,' the 'use and disuse' of organs which naturalists speak of, works here. What is used strengthens; what is disused weakens: 'to those who have, more is given;' and so a sort of style settles upon an age, and imprinting itself more than anything else in men's memories becomes all that is thought of about it.
WALTER BAGEHOT
Physics and Politics
In general, too, the conquerors would be better than the conquered (most merits in early society are more or less military merits), but they would not be very much better, for the lowest steps in the ladder of civilization are very steep, and the effort to mount them is slow and tedious.
WALTER BAGEHOT
Physics and Politics
We are not now concerned with perfection or excellence; we seek only for simple fitness and bare competency.
WALTER BAGEHOT
The English Constitution
To state the matter shortly, royalty is a government in which the attention of the nation is concentrated on one person doing interesting actions. A Republic is a government in which that attention is divided between many, who are all doing uninteresting actions. Accordingly, so long as the human heart is strong and the human reason weak, royalty will be strong because it appeals to diffused feeling, and Republics weak because they appeal to the understanding.
WALTER BAGEHOT
The English Constitution
The idea that the head of the Government is the head of society is so fixed in the ideas of mankind that only a few philosophers regard it as historical and accidental, though when the matter is examined, that conclusion is certain and even obvious.
WALTER BAGEHOT
The English Constitution
You have not a perception of the first elements in this matter till you know that government by a CLUB is a standing wonder.
WALTER BAGEHOT
The English Constitution
Probably we pursue an insoluble problem in seeking a suitable education for a morbidly melancholy mind.
WALTER BAGEHOT
Literary Studies
A settled and practical people are distinctly in favor of heavy relaxations, placid prolixities, slow comforts.
WALTER BAGEHOT
Literary Studies
Space has failed us, and we must be unmeaningly brief.
WALTER BAGEHOT
Literary Studies
English history has been in substance the same, though its form is different, and its growth far slower and longer. The scale was larger, and the elements more various. A Greek city soon got rid of its kings, for the political sacredness of the monarch would not bear the daily inspection and constant criticism of an eager and talking multitude. Everywhere in Greece the slave population—the most ignorant, and therefore the most unsusceptible of intellectual influences—was struck out of the account. But England began as a kingdom of considerable size, inhabited by distinct races, none of them fit for prosaic criticism, and all subject to the superstition of royalty. In early England, too, royalty was much more than a superstition. A very strong executive was needed to keep down a divided, an armed, and an impatient country; and therefore the problem of political development was delicate. A formed free government in a homogeneous nation may have a strong executive; but during the transition state, while the republic is in course of development and the monarchy in course of decay, the executive is of necessity weak. The polity is divided, and its action feeble and failing. The different orders of English people have progressed, too, at different rates. The change in the state of the higher classes since the Middle Ages is enormous, and it is all improvement; but the lower have varied little, and many argue that in some important respects they have got worse, even if in others they have got better. The development of the English Constitution was of necessity slow, because a quick one would have destroyed the executive and killed the State, and because the most numerous classes, who changed very little, were not prepared for any catastrophic change in our institutions.
WALTER BAGEHOT
The English Constitution
Review writing is one of the features of modern literature. Many able men really give themselves up to it. Comments on ancient writings are scarcely so common as formerly; no great part of our literary talent is devoted to the illustration of the ancient masters; but what seems at first sight less dignified, annotation on modern writings was never so frequent.
WALTER BAGEHOT
Literary Studies
The change is what every one feels, though no one can define it. Each predominant mind calls out a corresponding sentiment in the country: most feel it a little. Those who feel it much express it much; those who feel it excessively express it excessively; those who dissent are silent, or unheard.
WALTER BAGEHOT
Physics and Politics
It is an inevitable defect, that bureaucrats will care more for routine than for results.
WALTER BAGEHOT
The English Constitution
A democracy will never, save after an awful catastrophe, return what has once been conceded to it, for to do so would be to admit an inferiority in itself, of which, except by some almost unbearable misfortune, it could never be convinced.
WALTER BAGEHOT
The English Constitution
Custom is the first check on tyranny; that fixed routine of social life at which modern innovations chafe, and by which modern improvement is impeded, is the primitive check on base power.
WALTER BAGEHOT
The English Constitution
The purse strings tie us to our kind.
WALTER BAGEHOT
Literary Studies
The free discussion of daily matters, the delicate delineation of domestic detail, the passing narrative of fugitive occurrences, would seem light and transitory, if it were not broken by the interruption of a terrible earnestness, and relieved by the dark background of a deep and foreboding sadness.
WALTER BAGEHOT
Literary Studies
First, it is laid down as a principle of the English polity, that in it the legislative, the executive, and the judicial powers are quite divided—that each is entrusted to a separate person or set of persons—that no one of these can at all interfere with the work of the other. There has been much eloquence expended in explaining how the rough genius of the English people, even in the middle ages, when it was especially rude, carried into life and practice that elaborate division of functions which philosophers had suggested on paper, but which they had hardly hoped to see except on paper.
WALTER BAGEHOT
The English Constitution
The newspapers only repeat the side their purchasers like: the favourable arguments are set out, elaborated, illustrated; the adverse arguments maimed, misstated, confused.
WALTER BAGEHOT
The English Constitution