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.
Discover the history behind the French Company of the West, a joint-stock company that transformed France's overseas empire and marked the beginning of financial capitalism.