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I am not master of events : the speculations of John Law and Lord Londonderry in the Mississippi and South Sea bubbles /

Two of the greatest financial fiascos of all time took place at the same time and were instigated by two acquaintances: the Mississippi Bubble, on which John Law at first made a vast fortune and gained sway over French finances; and the South Sea Bubble, launched by Law and Thomas Pitt, Jr., Lord Lo...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Neal, Larry, 1941- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New Haven : Yale University Press, ©2012.
Colección:Yale series in economic and financial history.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Neal, Larry,  |d 1941-  |e author. 
245 1 0 |a I am not master of events :  |b the speculations of John Law and Lord Londonderry in the Mississippi and South Sea bubbles /  |c Larry Neal. 
260 |a New Haven :  |b Yale University Press,  |c ©2012. 
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490 1 |a Yale series in economic and financial history 
504 |a Includes bibliographical references and index. 
505 0 |a Storms in the Caribbean Sea and the life of Lord Londonderry -- The War of the Spanish succession and the Jacobite Rebellion -- The diamond deal -- Learning by doing : law and Londonderry before the bet -- The bet of the bubbles -- The blowing and bursting of bubbles -- The workout -- Family problems -- Did the speculations of law and Londonderry matter? -- Epilogue. 
588 0 |a Print version record. 
520 |a Two of the greatest financial fiascos of all time took place at the same time and were instigated by two acquaintances: the Mississippi Bubble, on which John Law at first made a vast fortune and gained sway over French finances; and the South Sea Bubble, launched by Law and Thomas Pitt, Jr., Lord Londonderry, his main partner in England. This book tells the story of these two financial schemes from the letters and accounts of two leading personalities. Larry Neal, a distinguished economic historian, highlights the rationality of each person and also finds that the primitive exchanges of the day, though informal and completely unregulated, actually performed reasonably well. 
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