The Politics of Utopia HC25 French and Germans
The Politics of Utopia HC25 French and GermansA fascinating retelling of the first banking and financial collapse in eighteenth century France. The Scottish economist John Law has been described as the architect of modern central banking. His System, established in Regency France between 1716 and 1720, saw the founding of a bank issuing paper money and the establishment of state commercial and colonial enterprises aimed at consolidating public debt. What at first seemed like financial wizardry,
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