History of the Bank of England 1640 to 1903

by Andreas Michaēl Andreadēs

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Genres: History, Nonfiction, Research

455 pages, Hardcover

First published November 1, 1966

Reviews

[Darius · Rating 3 out of 5]

An early history of the Bank of England (up to the late 1800's). Too detailed for anyone who is not particularly interested in the subject (Bagehot's "Lombard Street" is a little more contemporary). Still, for the right audience, the book is useful in understanding how the Bank of England grew and evolved. More broadly, it shows an example of how central banks in Western countries often began as a private banks that were helped by governments and given monopoly powers, then evolved -- with each new bail-out -- into wholly government-controlled entities.