Tag Archives: Lady Catherine Senor

when you can charge it

Posted on April 7, 2012 by Dave

He was called the scoundrel who invented credit. He was a Scottish libertine named John Law who rescued France from ruin, then ruined France again by applying his theory of prosperity based on credit. Law showed us the future and … Continue reading →

Posted in Feature Article, Ideas/Opinion | Tagged greg smith goldman sachs, greg smith resignation, Hannah Humphrey, James Gillray, John Law, Lady Catherine Senor, Louis XIV Sun King, Madame Pickwick, madame pickwick art blog, Philippe d'Orleans | Leave a comment

get rich quick : bubbles in biloxi

Posted on April 6, 2012 by Dave

He was brilliant. But he was something of a scoundrel. Some of the ideas were there that bore resemblance to John Maynard Keynes. Some of the ideas were there that resembled the classic stock swindle and Ponzi scheme, mortgage backed … Continue reading →

Posted in Feature Article, Ideas/Opinion | Tagged Bernard Madoff, Jean Antoine Watteau, John Law, John Law Mississippi Bubble, John Maynard Keynes, Lady Catherine Senor, Lord Banbury, Madame Pickwick, madame pickwick art blog, Montesquieu, Niall Ferguson, Philippe d'Orleans, Voltaire, William Hogarth | 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 →

Posted in Feature Article, Ideas/Opinion | Tagged Francois Bernard paintings, John Law, John Law The Mississippi Bubble, John Law The System, Lady Catherine Senor, Lord Banbury, Madame Pickwick, madame pickwick art blog, NFB John Law animation, Philippe d'Orleans | Leave a comment

print, borrow and occupy

Posted on March 28, 2012 by Dave

He was called the scoundrel who invented credit. John Law was a Scottish libertine who rescued France from ruin, then ruined her again, by basing prosperity on credit. He gave us a glimpse of the future. It didn’t work then, … Continue reading →