1873: The Rothschilds, the First Great Depression, and the Making of the Modern World
Liaquat Ahamed (Penguin Press)
Getting antsy that the next big bubble’s about to burst? Ahamed offers some sharp insight into the matter in this follow-up to his 2010 Pulitzer winner Lords of Finance, in which he explores an 1873 market crash—the first to actually be called a “great depression”—that not only played out much as future crashes would but also, like future crashes, provoked reactionary backlash movements around the world.
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