On February 3, 1783, Spain recognized United States independence. Walter Bagehot (pronounced “badge-it”; pictured), famed editor of The Economist and author of Lombard Street, was born on this date in 1826. By: Redactor First President Groundhog! 1 Comment Daniel says: February 3, 2017 at 5:14 am I thought that there were an unspoken, unwritten rule that no one should ever explain how to pronounce “Bagehot”. Reply Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website nine − eight = Notify me of follow-up comments by email. Notify me of new posts by email.