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BUSINESS > economist, editor, critic, analyst > Walter Bagehot

History is strewn...

Source: BUSINESS

History is strewn with the wrecks of nations which have gained a little progressiveness at the cost of a great deal of hard manliness, and have thus prepared themselves for destruction as soon as the movements of the world gave a chance for it.

Source: Physics and Politics, ch. 2, sct. 2 (1872).
-- Walter Bagehot, (Feb 3 1826-1877), English economist, editor, critic, analyst; He founded and edited The Economist 1860-77; wrote English Constitution, 1867.


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