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John Senex's map (1721), with a dedication to William Law, probably a relative of John Law (possibly his brother), who bore much of the blame for the financial panic known as the "Mississippi Bubble". The Compagnie du Mississippi was originally chartered in 1684 by the request of René-Robert Cavelier (de La Salle) who sailed in that year from ...
The Mississippi Bubble is a 1902 novel by American author Emerson Hough. It was Hough's first bestseller, and the fourth-best selling novel in the United States in 1902. [2] The historical novel revolves around the story of John Law (1671-1729) and the "Mississippi Bubble", an economic bubble of speculative investment in the French colony of ...
The Mississippi bubble coincided with the South Sea bubble in England, which allegedly took ideas from it. Law was a gambler who would win card games by mentally calculating odds . He propounded ideas such as the scarcity theory of value [ 5 ] and the real bills doctrine . [ 6 ]
Daniel Knopf, agent of the bank Malacrida & Cie. (1716) The Republic of Bern invested its money as early as the 17th century, and also abroad in the 18th century. A speculative bubble with securities on the stock exchanges of Paris (Mississippi bubble) and London (South Sea bubble) had far-reaching international consequences around 1720.
[2] [3] It focuses on the early eighteenth century Scottish financier John Law and his efforts to establish the Mississippi Company in Paris which ultimately went bankrupt after a speculative bubble. [4] In 1871 Ainsworth wrote a serialised novel The South Sea Bubble focusing on the near-contemporary collapse of the British South Sea Bubble. [5]
At least two people have died as severe storms and tornadoes tore through parts of Texas and Mississippi on Saturday, officials said, while a parade of atmospheric river-fueled storms batters the ...
Covered Wagon was his biggest best-selling novel since Mississippi Bubble in 1902. [28] North of 36, another Hough novel, later became a popular silent film as well, "making him one of the first Western authors to enter into the motion picture industry." [29] He is buried in Galesburg, Illinois. [30]
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