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John Law (pronounced in French in the traditional approximation of Laws, the colloquial Scottish form of the name; 21 April 1671 – 21 March 1729) was a Scottish-French economist who distinguished money, a means of exchange, from national wealth dependent on trade.
Aug 30, 2018 · In January 1720, the grateful regent appointed Law France’s first foreign finance minister. “It was a type of miracle”, wrote a wistful contemporary 20 years later, “that posterity will ...
Sep 5, 2020 · John Law killed a man in a duel, brought the first paper money to France, and became one of the richest people in the world. Then it all collapsed.
John Law (baptized April 21, 1671 - March 21, 1729) was a Scottish economist who believed that money was only a means of exchange that did not constitute wealth in itself, and that national wealth depended on trade.
Aug 29, 2018 · John Law: the 18th-century Scot who became richer than the king of France. The remarkable story of how John Law transformed the French economy after establishing a national bank.
Jun 26, 1997 · Despite his popular reputation as a rake and a gambler, John Law (1671–1729) left a remarkable legacy of economic concepts at a time when economi.
Mississippi Bubble, a financial scheme in 18th-century France that triggered a speculative frenzy and ended in financial collapse. The scheme was engineered by John Law, a Scottish adventurer, economic theorist, and financial wizard who was a friend of the regent, the Duke d’Orléans.
