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Walter Bagehot was an English journalist, businessman, and essayist. He was born on February 3, 1826, in Langport, Somerset, England. He died on March 24, 1877, in Langport.

Bagehot co-founded the National Review in 1855, and he became editor-in-chief of The Economist in 1861. He is known for his works The English Constitution and Lombard Street: A Description of the Money Market.

Bagehot was a conservative Liberal, and he believed that the British constitution was a system of checks and balances. He also believed that the monarchy was an important part of the constitution, as it provided stability and continuity.

Bagehot was a prolific writer, and he wrote on a wide range of topics, including government, economics, literature, and race. He is considered one of the most important thinkers of the Victorian era.