Overview

""John Law: A Fantastic Financier 1671-1729"" is a compelling biography of the Scotsman who transformed the financial landscape of 18th-century Europe. John Law, a man of extraordinary vision and controversial methods, rose from the life of a gambler and fugitive to become the Controller General of Finances in France. This work explores his revolutionary ideas regarding paper money and credit, which culminated in the infamous Mississippi Scheme. Law's attempts to solve France's national debt through the creation of the Banque Générale and the development of French colonies in North America led to an unprecedented speculative frenzy known as the Mississippi Bubble. George Oudard's narrative captures the drama of Law's meteoric rise and his subsequent fall into exile, providing a detailed look at the man who pioneered modern central banking. The book serves as an essential study of one of history's most daring economic experiments and the volatile nature of early global finance. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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9781025329291

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