Book Discussion - 1873

For this meeting, we’ll be discussing [1873: The Rothschilds, the First Great Depression, and the Making of the Modern World](https://www.goodreads.com/en/book/show/241125423-1873) by Liaquat Ahamed. Length: 365 pages \| 9h 40min \(audiobook\) Book Description Pulitzer Prize winner Liaquat Ahamed's history chronicles the world’s first global market meltdown, sparked by a bursting international railway bubble. The book explores how governments exacerbated the crisis by rushing onto a rigid gold standard, causing a quarter-century of severe deflation. This economic stagnation ultimately dealt a death blow to American Reconstruction, triggered the slow decline of the Ottoman Empire, and fueled a rise in populist nationalism that viciously scapegoated the prominent Rothschild banking dynasty