Running and securing an empire can get expensive–especially one known for its opulence, like the Mughal Empire, which conquered much of northern India before rapidly declining in the 18th century. But how did the Mughals get their money? Often, it was through wealthy merchants, like the Jhaveri family, who willingly—and then not-so-willingly–funded the empire’s activities.
Finance
Although subtitled “Family Fortunes” and presented as being the story of the Jhaveri business family in Gujarat, Sudev Sheth’s recent history Bankrolling Empire is as much, if not more, about the wider arc of the decline of the Mughal Empire. Whether one is interested in the specific role of finance in the Mughal Empire or the jigsaw puzzle that is Mughal history, one is likely to come away from this well-written and colorful book quite the wiser.
With a surname like Silber, a book on silver is perhaps inevitable. And if you thought a book entitled The Story of Silver: How the White Metal Shaped America and the Modern World and published by the venerable and academic Princeton University Press would be a dull, dense, heavily-footnoted tome, you’d be wrong (although not about the footnotes).
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