"The Industrial Revolution is central to the teaching of economic history. It has also been key to historical research on the commercial expansion of Western Europe, the rise of factories, coal and iron production, the proletarianization of labour, and the birth and worldwide spread of...

"Davies's book examines the financial panics of 1873, considering both the financial speculations born of exuberance that led to these panics and the interpretative speculations born of the crises, and exploring what this in turn reveals about contemporary notions of the world economy and...

The year 1873 was one of financial crisis. A boom in railway construction had spurred a bull market-but when the boom turned to bust, transatlantic panic quickly became a worldwide economic downturn. In Transatlantic Speculations, Hannah Catherine Davies offers a new lens on the panics of 1873...