9781529155853

1873: The First Great Depression and the Making of the Modern World by Liaquat A

/ 31 de julho de 2026

And in his hands, it is. Not least, he shows how a huge boom-and-bust cycle combined with the decision to make gold the sole monetary anchor, to create a first global ‘great depression’. — Martin Wolf, author of The Crisis of Democratic Capitalism.

Liaquat Ahamed 1873 (Hardback) (UK IMPORT)

/ 31 de julho de 2026

Title: 1873. It was the first global crash in history. And it was to have calamitous consequences. Format: Hardback. Topic: Society & Culture, History. He describes how the growth of the international bond market in the 1850s and 60s funded a frenzy of speculation in railways, construction and nation-building.