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Tag Archives: Lord Banbury
get rich quick : bubbles in biloxi
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
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Ole’ Miss: beating the system
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
print, borrow and occupy
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
Posted in Feature Article, Ideas/Opinion
Tagged aron kay, Aron Kay the pieman, greg smith goldman sachs, greg smith resignation, James Gillray, John Law, la Duclos actress, Lady Catherine Senor, Lord Banbury, Madame Pickwick, madame pickwick art blog, occupy wall street, Philippe d'Orleans
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