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October 4, 2013 10:18PM 

# The Sage of Equipoise 

By [George Selgin](https://www.cato.org/people/george-selgin) 

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[My review](http://online.wsj.com/article/SB10001424052702304213904579095363873665336.html#articleTabs%3Darticle) of Frank Prochaska’s *The Memoirs of Walter Bagehot.*. (If the page is gated try a google search.) Other Free​bank​ing​.org posts concerning Bagehot are [here](http://www.freebanking.org/2011/08/19/walter-bagehot-father-of-central-banking-and-supporter-of-free-banking/), [here](http://www.freebanking.org/2012/08/13/walter-bagehots-drivers-license/), and [here](http://www.freebanking.org/2012/02/09/the-other-bagehot/).

##### Related Tags 

[Monetary Policy](https://www.cato.org/monetary-policy), [Alt-M](https://www.cato.org/alt-m), [Center for Monetary and Financial Alternatives](https://www.cato.org/center-monetary-financial-alternatives) 

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