SKU: 11468455383

1873: The Rothschilds, the First Great Depression, and the Making of the Modern World

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1873: The Rothschilds, the First Great Depression, and the Making of the Modern WorldNamed a Most Anticipated Book of 2026 by Literary Hub From the author of the Pulitzer Prizewinning Lords of Finance, a magnificent and timely reckoning with the first truly global financial calamity and 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 the global bond

Named a Most Anticipated Book of 2026 by Literary Hub

From the author of the Pulitzer Prize–winning Lords of Finance, a magnificent and timely reckoning with the first truly global financial calamity and 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 the global bond market, at the hub of which stood one family—the Rothschilds, arguably the wealthiest banking family in history. While the giant sums of capital provided through the bond market built the railroads, the century’s most transformative investments, the money raised also unleashed a frenzy of speculation, massive overinvestment, and wasteful borrowing by governments.

With excessive euphoria leading to disappointed expectations, in the early 1870s the bubble burst. Stock markets from Vienna to New York crashed, and dozens of railroads and many governments defaulted. Financial officials responded by blundering into a precipitous remaking of the global currency system—exacerbating the ensuing economic collapse and setting the stage for decades of a punitive deflation that sparked waves of anti-globalist populism. 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. Ironically, though the Rothschilds had presciently kept a low profile during the bubble, when the deluge came, they were viciously scapegoated as part of a wider hatred directed at “Jewish finance,” a strain of antisemitism that would come to full evil flower during the twentieth century.

1873 is a bird’s-eye reckoning with the full dimension of the crisis, from its buildup to its long aftermath. The Rothschilds and a cast of other witnesses give us the human perspective. And we have a brilliant financial historian’s grasp of the larger forces at play, resulting in a global narrative with thrilling explanatory power.

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SKU: 11468455383

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Steve from ATX
Lexington, US
★★★★★ 5
Good finish, nice wood, good price
I have done quite a lot of woodworking in my life, and this is a nice piece of work. Great finish and nice looking.
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Reviewed in the United States on October 7, 2024
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John
Draper, US
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Easy install
Just installed in our bathroom. Feels solid. We have a potted plant on it now. You will want a drill bit extender to clear the shelf. I use the flexible type. Otherwise you won’t be able to get the screws in at a 90 degree angle.
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Lulu G. Lee
New York, US
★★★★★ 4
Very nice, well made.
The nine-inch oak shelf is well made, and is 45 degrees. The wall where I planned to install it was not, and I suspect this is the problem some of the reviews saying the shelf was not made at 45 degrees. In my case, we removed wood a bit at a time until we achieved a good fit. We did receive all of the hardware, but beware. The plastic straight insert anchors do not snug up with the supplied screws. However we used the supplied plastic toggles with better results. The hardware is why I rate this 4 stars. Otherwise, it is a nice piece, and well worth the price.
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Reviewed in the United States on September 13, 2024
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Kendall nakao
Dallas, US
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Nice
Enjoyed the complete contents of kit, even a small bubble level and sticky patches to cover screw heads. Quality wooden shelf, good looking
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Reviewed in the United States on November 28, 2024
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How Roode
Omaha, US
★★★★★ 2
Pieces missing, poor instructions, would not buy again!
Let's start with the good news: I did, eventually, get the shelves hung after a trip to the hardware store and some trial and error. Now for the bad news: * One of the screws holding the brace to the shelf was missing, making the shelf wobbly before I even hung it. * The directions for hanging the shelves show a different anchor than the one that comes packaged with them. This anchor will ONLY work in sturdy drywall and it's going to leave a huge hole behind. * The directions tell you to flip the shelf upside-down to position and mark the screw holes, BUT that means the sides of the shelf are reversed, and the hole positions do not match on each side. So if you start hammering or drilling based on those marks, they don't align and now you have extra holes in your wall. Honestly, I regret buying these and wish I'd just chosen a free-standing shelf instead. But I made it work for me, so I guess there's that.
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Reviewed in the United States on May 26, 2023

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