Bagehot Returns to the Center of Western Political Economy
policytensor.substack.com
Nineteenth century English political economist Walter Bagehot has made a dramatic comeback in the past decade. The twin crises of American political economy---the financial crisis and the crisis of US security policy since 9/11---have generated currents of investigation that have both, quite remarkably, ended up at Bagehot's door. More precisely, the two currents I have in mind have taken Bagehot's writing as the point of departure. And his thinking provides the unifying framework of analysis in both cases.
Bagehot Returns to the Center of Western Political Economy
Bagehot Returns to the Center of Western…
Bagehot Returns to the Center of Western Political Economy
Nineteenth century English political economist Walter Bagehot has made a dramatic comeback in the past decade. The twin crises of American political economy---the financial crisis and the crisis of US security policy since 9/11---have generated currents of investigation that have both, quite remarkably, ended up at Bagehot's door. More precisely, the two currents I have in mind have taken Bagehot's writing as the point of departure. And his thinking provides the unifying framework of analysis in both cases.