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Millionaire

By: Material type: TextTextPublication details: Simon & SchusterDescription: 304 pagesISBN:
  • 9780684872957
Subject(s): DDC classification:
  • 332.092
LOC classification:
  • HG172.L3
Summary: John Law, notorious for killing a man in a duel and acquiring a huge fortune from gambling, found a more congenial atmosphere for pursuing his financial visions in the bankrupt court of France's Louis XV. His idea of establishing a bank to issue paper money with credit revived the French economy and earned Law the right to trade in France's vast American territories. Shareholder profits from his company created history's first millionaires and sent Paris into a frenzy of speculation, conspiracies, and conspicuous consumption. Janet Gleeson recreates in lively detail the meteoric rise and spectacular fall of Law's fame and fortune, its repercussions throughout Europe at the time, and its enduring legacy in today's markets.
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Item type Current library Call number Copy number Status Date due Barcode
Book Book Lake Chapala Society 332.09 GLEE (Browse shelf(Opens below)) 1 Available 38100

John Law, notorious for killing a man in a duel and acquiring a huge fortune from gambling, found a more congenial atmosphere for pursuing his financial visions in the bankrupt court of France's Louis XV. His idea of establishing a bank to issue paper money with credit revived the French economy and earned Law the right to trade in France's vast American territories. Shareholder profits from his company created history's first millionaires and sent Paris into a frenzy of speculation, conspiracies, and conspicuous consumption. Janet Gleeson recreates in lively detail the meteoric rise and spectacular fall of Law's fame and fortune, its repercussions throughout Europe at the time, and its enduring legacy in today's markets.

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