Tag Archives: John Law The Mississippi Bubble

liberation: french identity on the short leash

Posted on September 2, 2012 by Dave

The liberation of Mme de Tencin. From convent to court, from bank to boudoir, she was always prone to argue. It was the end of the Louis XIV reign, a hey-day of cynical license that characterized the Regency period that … Continue reading →

Posted in Feature Article, Ideas/Opinion | Tagged Abbe Dubois, Abbe Prevost, Abbe Raynal, Abbe Tencin, Chevalier Destouches, Claudine Alexandrine Guerin de Tencin, Claudine de Tencin, D'Alembert, Fontenelle, Helvetius, Jean Antoine Watteau, Jean Le Rond, John Law The Mississippi Bubble, La Fresnais and Mme de Tencin, La Fresnais suicide, Lord Bolingbroke, Lord Chesterfield, Manon Lescaut, Marivaux, Matthew Prior, Mme de Tencin, Montesquieu, Pyramus-and-Thisbe, Voltaire, Voltaire in the Bastille | Leave a comment

tencin: stockjobbing the abbe and others

Posted on August 31, 2012 by Dave

It was the Regency period in France, beginning in 1715 and was a hey-day of cynical license in the last legs of the aged Louis XIV. And Mme Alexandrine de Tencin found no lack of companions. Her vows from the … Continue reading →

Posted in Feature Article, Ideas/Opinion | Tagged Abbe Dubois, Abbe Raynal, Abbe Tencin, Chevalier Destouches, D'Alembert, Denis Diderot, francois boucher paintings, Guillaume Thomas Francois abbe Raynal, Jean-Honore Fragonard, John Law, John Law The Mississippi Bubble, Lord Bolingbroke, Madame Pickwick, madame pickwick art blog, Matthew Prior, Philippe d'Orleans | Leave a comment

bank heist: meltdown on the Mississippi

Posted on March 31, 2012 by Dave

It is really a case of the greater fool hypothesis. That is, no matter how high the price of something gets whipped up in speculative frenzy, there are always others who are willing to pay for it. The Mississippi Bubble … Continue reading →

Posted in Feature Article, Ideas/Opinion | Tagged Francois Boucher, francois boucher paintings, Greater fool hypothesis, James Turk, John Kenneth Gailbraith, John Law banking and finance, John Law The Mississippi Bubble, John Law The System, Joseph Schumpeter, Lady Catherine Senor, Madame Pickwick, madame pickwick art blog, max keiser, Philippe d'Orleans | Leave a comment

mega millions for all

Posted on March 30, 2012 by Dave

John Law. He rescued France from ruin, then ruined her again by basing prosperity on credit with the famous Mississippi bubble. He showed us how the future could not work: today’s examples would be the tech bubble of 2000, the … Continue reading →

Posted in Feature Article, Ideas/Opinion | Tagged bretton woods system, John Law, John Law The Mississippi Bubble, joseph stieglitz, Lady Catherine Senor, Madame Pickwick, madame pickwick art blog, Mississippi Bubble, Montesquieu, Niall Ferguson, Paul Krugman, Philiipe d'Orleans, Voltaire | Leave a comment

Ole’ Miss: beating the system

Posted on March 29, 2012 by Dave

A Scottish libertine named John Law rescued France from certain ruin after the death of Louis XIV, the Sun King who had emptied the treasury. However Law then ruined France a second time by basing prosperity on credit; which in … Continue reading →