But what we meant was half right--they worship visible value: obvious, undeniable, intrusive result.
Walter Bagehot: “But what we meant was half right--they worship visible value: obvious, undeniable, intrusive result.”
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Walter Bagehot
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gutenberg.orgEditor's note · Context
Bagehot clarifies that Americans value tangible results rather than abstract concepts of wealth.
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I own that I do not entirely sympathise with the horror of these anomalies which haunts some of our best critics.
At last it strikes you that they grew up, house by house, on the devious tracks of the old green lanes; and if you follow on to the existing fields, you may often find the change half complete.
The lessons are good where its primitive assumptions hold, but may be false where those assumptions fail.
Our law very often reminds one of those outskirts of cities where you cannot for a long time tell how the streets come to wind about in so capricious and serpent-like a manner.





