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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.
- Economist, banker, financier, author, controller-general of finances
Mar 20, 2024 · John Law (baptized April 21, 1671, Edinburgh, Scotland—died March 21, 1729, Venice, Italy) was a Scottish monetary reformer and originator of the “Mississippi scheme” for the development of French territories in America. Law studied mathematics, commerce, and political economy in London.
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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 ...
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.
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.
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. By Lucy Hughes-Hallett. “I am a human being,” said John Law to his patron, the regent of France. “I have made great errors.”
May 23, 2018 · John Law of Lauriston (1671–1729), economist, banker, merchant, and statesman, founded the first Bank of France and is generally held responsible for the Mississippi Bubble. He was born in Edinburgh, the son of a prosperous goldsmith–banker, who died when Law was only 13.
