John Law - The First Financial Engineer - A History of Paper Money and The Mississippi Bubble episode artwork

EPISODE · Jan 8, 2021 · 46 MIN

John Law - The First Financial Engineer - A History of Paper Money and The Mississippi Bubble

from Patrick Boyle On Finance · host Patrick Boyle

Send us a textJohn Law was a Scottish monetary reformer and originator of the “Mississippi scheme” for the development of French territories in America.After killing an adversary in a duel, he fled to Amsterdam, where he was a professional gambler and learned about banking operations. A decade later he returned to Scotland and wrote his best-known work, Money and Trade Considered, with a Proposal for Supplying the Nation with Money (available on Amazon at this link https://amzn.to/2Wkts7p). H...

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John Law - The First Financial Engineer - A History of Paper Money and The Mississippi Bubble

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