The Financial Catastrophe of John Law's Bubble
John Law's 18th-century financial experiment in France led to a catastrophic failure with far-reaching consequences for the French monarchy, economy, and society.
John Law's 18th-century financial experiment in France led to a catastrophic failure with far-reaching consequences for the French monarchy, economy, and society.
The advent of modern finance in Northern Italy is a pivotal moment in European economic history, marked by the introduction of the Hindu-Arabic numeral system.