The Postulates of English Political Economy

• Walter Bagehot (author)
• Alfred Marshall (foreword)

Alfred Marshall, in his introduction to this book, argued that Bagehot provided a useful service to readers by removing the older and less understood Ricardian aspects from political economy and reworking them. Bagehot in turn in his introduction, thought that English political economy in the 100 years since Adam Smith had been misunderstood abroad by being exlsively identified with the cause of free trade and English business .