1873 the Rothschilds, the first great depression, and the making of the modern world

"From the author of the Pulitzer-Prize-winning Lords of Finance, another magnificent and timely reckoning with the first truly global financial calamity through the prism of the famous banking family at the center of the whirlwind Over the course of the 1850s and 1860s, during the first era of globa...

Full description

Saved in:
Bibliographic Details
Main Author: Ahamed, Liaquat (Author)
Format: Books Print Book
Language:English
Published: New York : Penguin Press, 2026.
Subjects:
Tags: Add Tag
No Tags, Be the first to tag this record!

MARC

LEADER 00000cam a22000008i 4500
001 on1535606185
003 OCoLC
005 20260610162200.0
007 t|
008 260404s2026 nyu b 001 0 eng
010 |a  2025038724 
020 |a 9781594204173  |q hardcover 
020 |a 1594204179 
020 |z 9798217058884  |q ebook 
035 |a (OCoLC)1535606185 
040 |a DLC  |b eng  |e rda  |c DLC  |d BDX  |d IG#  |d TOH  |d YDX  |d OCLCO 
042 |a pcc 
043 |a e------  |0 http://id.loc.gov/authorities/subjects/sh85045631 
043 |a n-us---  |0 http://id.loc.gov/authorities/names/n78095330 
050 0 0 |a HB3717 1873  |b .A33 2026 
082 0 0 |a 330.9/034  |2 23/eng/20260410 
100 1 |a Ahamed, Liaquat  |e author 
245 1 0 |a 1873 :  |b the Rothschilds, the first great depression, and the making of the modern world /  |c Liaquat Ahamed. 
264 1 |a New York :  |b Penguin Press,  |c 2026. 
300 |a xxii, 346 pages :  |b illustrations ;  |c 25 cm. 
334 |a single unit  |b mono  |0 http://id.loc.gov/vocabulary/issuance/mono 
336 |a text  |b txt  |2 rdacontent  |0 http://id.loc.gov/vocabulary/contentTypes/txt 
337 |a unmediated  |b n  |2 rdamedia  |0 http://id.loc.gov/vocabulary/mediaTypes/n 
338 |a volume  |b nc  |2 rdacarrier  |0 http://id.loc.gov/vocabulary/carriers/nc 
353 |a bibliography  |b bibliography  |0 http://id.loc.gov/vocabulary/msupplcont/bibliography 
353 |a index  |b index  |0 http://id.loc.gov/vocabulary/msupplcont/index 
504 |a Includes bibliographical references and index. 
505 0 |a The Boom: 1867-1870 -- In Bonds We Trust -- The Gods of Our Time: London, Paris, Vienna -- An American Rothschild?: New York -- God's Chosen Instrument: Philadelphia -- The Greatest Financial Event in History: Paris and London -- Euphoria: 1870-1873 -- Drunken Cities: Berlin and Vienna -- Ingenious Mendacity: London, New York and Berlin -- Blind Capital: Constantinople and Cairo -- The Bust: 1873-1876 -- The Desolate Home of the Ruined Gamester: Vienna -- A Financial Thunderbolt: New York -- The Crimes of 1873: Paris, Berlin and Washington -- Chaff Before an Autumnal Gale: Washington DC -- Palace Intrigues: Constantinople and Cairo -- Part Four -- The Aftermath: 1876-1886 -- "The Jews Themselves Are to Blame": Berlin -- Stealing The Election: Washington DC -- A Bondholders War: Constantinople and Cairo -- Le Krach de l'Union Générale: Paris -- "We Don't Need to Make Money". 
520 |a "From the author of the Pulitzer-Prize-winning Lords of Finance, another magnificent and timely reckoning with the first truly global financial calamity through the prism of the famous banking family at the center of the whirlwind Over the course of the 1850s and 1860s, during the first era of globalization, the world experienced an unprecedented economic boom. Fueling this expansion was an explosion in borrowing through the global bond market, which provided financing for the century's most costly and transformative innovation: the railroad. At the hub of the bond market stood one family-the Rothschilds. With offices in London, Paris, Vienna, and Frankfurt, and through their agent August Belmont in New York, the Rothschilds were arguably the wealthiest and most powerful family in world history, possessing an unmatched ability to mobilize capital on a massive scale and wielding unparalleled political influence. The boom predictably swelled into a series of bubbles that burst simultaneously in the early 1870s, cascading from one country to the next across Europe and the world. Governments of the major economic powers responded by blundering amid the tumult into a precipitous remaking of the global currency system-a move that not only exacerbated the ensuing economic collapse but set the stage for a prolonged twenty-year period of punitive deflation. This deflation sparked waves of populism and anti-globalization sentiment. As Liaquat Ahamed shows us in this enthralling history, the crisis of 1873 was, among other things, a death blow to Reconstruction in the United States and the proximate cause of the Ottoman Empire's slow death spiral and Britain's takeover of Egypt. Ironically, as markets grew irrationally frenzied, the Rothschilds had presciently managed to protect themselves from the worst financial effects. Nevertheless, when the deluge came, they were viciously scapegoated everywhere as part of a wider spasm of hatred directed at "Jewish finance," a strain of antisemitism that would come to full evil flower in Austria and Germany during the 20th century. 1873 is a marvelous birds-eye reckoning with the full dimension of the crisis, from its build-up to its long aftermath. Through the Rothschilds and a cast of other eyewitnesses, including Karl Marx and Mark Twain making cameos at crucial moments, we have witnesses on the ground to give us the human perspective. And we have a great and brilliant financial historian's firm grasp of the larger forces at play to create a truly cohesive global narrative with thrilling explanatory power"-- Provided by publisher. 
600 3 0 |a Rothschild family. 
600 1 0 |a Marx, Karl,  |d 1818-1883 
650 0 |a Depressions  |y 1873  |z Europe. 
650 0 |a Depressions  |y 1873  |z United States. 
650 0 |a Jewish capitalists and financiers  |z England  |z London. 
650 0 |a Financial crises  |z Great Britain  |x History  |y 20th century. 
650 0 |a Globalization. 
600 3 6 |a Rothschild (Famille) 
758 |1 http://id.loc.gov/resources/instances/in00024536025 
758 |4 http://id.loc.gov/ontologies/bibframe/instanceOf  |1 http://id.loc.gov/resources/works/in00024536025 
776 0 8 |i Online version  |4 http://id.loc.gov/entities/relationships/onlineversion  |a Ahamed, Liaquat  |t 1873  |d New York : Penguin Press, 2026  |z 9798217058884  |w (DLC) 2025038725 
884 |a DLC bibframe2marc v3.1-dev  |g 20260410  |q DLC  |u https://github.com/lcnetdev/bibframe2marc/tree/v3.1-dev 
994 |a C0  |b PCB 
949 |a CCL  |b CadNFN  |c 330.9034 Ah  |d o  |e 39241503937992  |f 823595  |g ddc  |j 07/14/2026 
949 |a schlow  |b SANONNE  |c 330.9034 AHA  |d o  |e 39635104877733  |f 819726  |g ddc  |j 05/27/2026 
999 |a 519234