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I am not master of events [[electronic resource] ] : the speculations of John Law and Lord Londonderry in the Mississippi and South Sea bubbles / / Larry Neal



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Autore: Neal Larry <1941-> Visualizza persona
Titolo: I am not master of events [[electronic resource] ] : the speculations of John Law and Lord Londonderry in the Mississippi and South Sea bubbles / / Larry Neal Visualizza cluster
Pubblicazione: New Haven, : Yale University Press, c2012
Descrizione fisica: 1 online resource (229 p.)
Disciplina: 338.5/42
Soggetto topico: Business cycles - History - 18th century
Financial crises - History - 18th century
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Frontmatter -- Contents -- Preface -- Cast of Characters -- 1. Storms in the Ca rib be an Sea and the Life of Lord Londonderry -- 2. The War of the Spanish Succession and the Jacobite Rebellion -- 3. The Diamond Deal -- 4. Learning by Doing: Law and Londonderry Before the Bet -- 5. The Bet of the Bubbles -- 6. The Blowing and Bursting of Bubbles -- 7. The Workout -- 8. Family Problems -- 9. Did the Speculations of Law and Londonderry Matter? -- 10. Epilogue -- Appendix: Preliminary Cata logue of the Londonderry Papers -- Notes -- References -- Index
Sommario/riassunto: 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.
Titolo autorizzato: I am not master of events  Visualizza cluster
ISBN: 1-280-57162-4
9786613601223
0-300-15317-1
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910789911103321
Lo trovi qui: Univ. Federico II
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Serie: Yale series in economic and financial history.