English summary: The bankruptcy of 1720 was one of the most remarkable moments of French history, when thousands of people were financially ruined after the failed introduction of paper money in France. The present volume examines the rapid rise and career of John Law, the Scottish banker who created the idea when he served at the head of the French governments finances. French description: Parmi les moments de l'histoire de France ayant le plus marque nos memoires figure l'episode de la banqueroute de mai 1720 (la ...
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English summary: The bankruptcy of 1720 was one of the most remarkable moments of French history, when thousands of people were financially ruined after the failed introduction of paper money in France. The present volume examines the rapid rise and career of John Law, the Scottish banker who created the idea when he served at the head of the French governments finances. French description: Parmi les moments de l'histoire de France ayant le plus marque nos memoires figure l'episode de la banqueroute de mai 1720 (la fameuse rue Quincampoix ...) qui ruina des milliers de personnes, suite a l'introduction inedite et fracassante du papier-monnaie par John Law (1671-1730), le banquier d'origine ecossaise et bref Controleur general des finances, reduit a l'exil. En retracant avec soin sa fulgurante ascension politique, Nicolas Buat etablit que contrairement a sa reputation sulfureuse d'aventurier et de speculateur sans scrupule, John Law fut un genie de la finance, un remarquable theoricien de l'economie post-mercantiliste qui tenta de resorber l'immense dette publique de l'epoque en creant une Banque royale emettrice de billets se substituant a l'or. Le parallele esquisse avec la crise financiere de 2007 n'est pas fortuit: on y retrouve la plupart des ingredients qui ont fait la reussite et l'echec du systeme du premier banquier central de notre histoire, qui se brula les ailes en actionnant les leviers tout neufs de la creation monetaire et du soutien a l'economie. Au fil de ce recit a suspense qui fait revivre l'episode haut en couleurs de la Regence de Philippe d'Orleans (au cinema: Le Bossu , Que la fete commence ...) dont le tricentenaire interviendra en 2015, on croise aussi le tout jeune Louis XV, le memorialiste Saint-Simon, Montesquieu et meme Casanova: ce n'est pas l'un de ses moindres interets.
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Seller's Description:
New. Text in French. Trade paperback (US). Glued binding. 272 p. Penseurs de La Liberte, 5. Language: french-In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fine. Text in French. Trade paperback (US). Glued binding. 272 p. Penseurs de La Liberte, 5. Language: french-In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Text in French. Trade paperback (US). Glued binding. 272 p. Penseurs de La Liberte, 5. Language: french-In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
