John Law of Lauriston / Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.

Name: John Law of Lauriston / Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.
Author: A. W. Wiston-Glynn

By A. W. Wiston-Glynn

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Biographies Economics History - European History - Modern (1750+)

About This Book

The biography follows an ambitious financier from his formative years through gambling-driven exile and sustained experiments in banking and public finance. It charts his efforts to remedy national indebtedness with proposals such as a land bank, the founding of a private bank that became a royal institution, and the creation and expansion of a trading company whose shares fueled a speculative mania. The account details the resulting economic boom and collapse, administrative conflicts, and personal ascendancy and downfall, while examining underlying financial theories, contemporary reactions, and archival sources to assess his methods and legacy.

About the Author

A. W. Wiston-Glynn

A. W. Wiston-Glynn is an author known for his historical work on John Law, a prominent financier and statesman of the early 18th century. His notable book, "John Law of Lauriston / Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.," explores Law's significant contributions to finance and his controversial role in economic history. Wiston-Glynn's writing provides insights into Law's life and the impact of his financial schemes, particularly the Mississippi Bubble, which had lasting effects on European economies. Through his work, Wiston-Glynn contributes to the understanding of historical financial systems and their architects.