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The House of Rothschild: The World's Banker, 1849-1998: 2

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The House of Rothschild: The World's Banker, 1849-1998: 2
by: Niall Ferguson

 : The House of Rothschild: The World's Banker, 1849-1998: 2

List Price: £14.99
Price: £11.18
You Save: £3.81 (25%)
Prices subject to change.



Availability: Usually dispatched within 1-2 business days




Binding: Paperback
Dewey Decimal Number: 332.109224
EAN: 9780140286625
Edition: Revised edition
ISBN: 0140286624
Label: Penguin
Manufacturer: Penguin
Number Of Items: 1
Number Of Pages: 544
Publication Date: September 28, 2000
Publisher: Penguin
Studio: Penguin




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Editorial Review:

Amazon.co.uk Review:
For nearly 200 years, the famed Rothschild banking family has weathered political revolutions, world wars and international financial crises. The House of Rothschild chronicles the family's rise and fall, and now its rise again, and describes the reasons for its lasting power. "Part of the secret of long-run success in banking is, of course, not to go bust; the Rothschilds' relative risk aversion is one reason for their financial longevity," writes author Niall Ferguson, who was surprised to discover during his research that the family had a return on capital as low as an average 3.9 percent from 1900-1909.

This book, the second of two volumes, is an authorised history. While members of the family read the manuscript, Ferguson said they did not censor his work. Ferguson details the Rothschilds' creation of the international bond market in the 1800s, through offices that stretched from London to Naples, and their eventual eclipse by American bankers like J. P. Morgan. He also explores the family's relationship to others in the Jewish community, the Rothschilds' climb up the social ranks and their role as adviser to kings and politicians during times of war and peace. The House of Rothschild is primarily an academic work with its footnotes, bibliography and quotations from Rothschild correspondence. The book is perhaps of most interest to fans of European political and economic history. But in the epilogue, where he describes the current resurgence of the House of Rothschild, Ferguson draws lessons about international finance that should interest those in the field today. --Dan Ring, Amazon.com



Customer Reviews
Average Rating:  out of 5 stars

Rating: 3 out of 5 stars - err... bought the wrong book.
err my fault as I bought the wrong book when I wanted the first volume. I expected to look at the personalities behind the House of Rothschild but you rarely get that and instead I found it to be boring trawling through the numerous financial trades they made at the time. Not really interested in the financial history but characters. Wrong expectation I guess.



Rating: 5 out of 5 stars - Best account of Rothschild history
Niall Ferguson has written the best account thus far of one of the world's preeminent banking families in history.
Most interesting and rewarding was the author's extensive coverage of the money making process as it developed from the beginnings.
A very major achievement.




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