The Politics of Utopia
Orain, Arnaud / Brown, Andrew A fascinating retelling of the first banking and financial collapse in eighteenth-century France. The Scottish economist John Law has been described as the architect of modern central banking. His "System, " established in Regency France between 1716 and 1720, saw the founding of a bank issuing paper money and the establishment of State commercial and colonial enterprises aimed at consolidating public debt. What at first seemed like financial ...