" An element of exaggeration clings to the popular judgment: great vices are made greater, great virtues greater also; interesting incidents are made more interesting, softer legends more soft. "
- Walter Bagehot

In simple terms, this quote by Walter Bagehot suggests that when people discuss notable figures or events, they tend to embellish both their strengths and weaknesses as well as any intriguing stories associated with them. This means that individuals or groups often amplify aspects of a person's character—whether positive traits like bravery or negative ones like dishonesty—to create a more compelling narrative.

Digging deeper into the quote’s significance reveals its reflection on human psychology and the nature of storytelling. People have an innate desire to make stories more engaging by exaggerating details, which can distort reality but often makes for better tales. This tendency isn't limited to personal anecdotes; it also applies to how history is recorded or retold over generations. By magnifying virtues and vices as well as softening or romanticizing certain events, we create a narrative that resonates more strongly with our emotions and cultural values. However, this embellishment can lead to misinformation if taken too seriously, highlighting the need for critical thinking when evaluating historical accounts or public personas.

Walter Bagehot was an influential 19th-century British journalist, economist, and political scientist known for his insightful writings on finance and government policy. His work often focused on understanding the complexities of economic systems and political dynamics within societies, making him a respected figure in both academic and journalistic circles during his time.