When Wall Street Became the Capital of the World

17 Jan

The First World War underway 100 years ago was a military conflagration of unprecedented extent. It was also a occasion of major economic transition.

James Bratt, historian at Calvin College, provides a crisp review of a sobering new history of this economic transition by Adam Tooze: The Deluge: The Great War, America and the Remaking of the Global Order, 1916-1931. You can read Bratt’s review at The Twelve here: When Wall Street Became the Capital of the World – THE TWELVE.

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