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Walter Bagehot (1826-1877)

He was born in Langport, Somerset, England on the 3rd of February 1826. He attended University College London, where he earned a master's degree in 1848. He was called to the Bar, but did not practice, and joined his father in the banking business. He wrote for various periodicals, but gained notice as an early editor of The Economist newspaper, which had been founded by his father-in-law. After taking over in 1861, he expanded the publication's reporting on the United States and on politics, and is considered to have increased its influence among policymakers, since he is one of the most important nineteenth century British economist.
In 1867, he wrote a book called The English Constitution which explored the constitution of the United Kingdom, in particular the functioning of Parliament and the British monarchy and the contrasts between British and American government. The book is an important work which was translated into several languages.
He also wrote Physics and Politics (1872), and Lombard Street (1873), a valuable financial work.
A collection of essays, biographical and economic, was published after his death. He died on the 24th of March 1877.

a vida é uma escola de probabilidade