The Rise and Fall of John Law's System
Learn about John Law's financial system that dominated France in the early 18th century but ultimately collapsed due to inflation, speculation, and government intervention.
Learn about John Law's financial system that dominated France in the early 18th century but ultimately collapsed due to inflation, speculation, and government intervention.
Discover the rise and fall of the 18th-century Mississippi Bubble, a financial experiment that captivated the French aristocracy and led to devastating consequences.
Learn about the 18th-century financial experiment that collapsed due to speculative investing and monetary expansion, causing devastating consequences for investors and the French economy.
In 1716, France established a public bank to revive economic confidence by issuing paper money and consolidating debt.
Discover John Law's 18th-century financial reforms that merged elements of public banking and monopoly trading companies, shaping the economic landscape of France.