Millionaire

The Philanderer, Gambler, and Duelist Who Invented Modern Finance

By: Janet Gleeson

Business & Economics

john law, notorious for killing a man in a duel and acquiring a huge fortune from gambling, found a more congenial atmosphere for pursuing his financial visions in the bankrupt court of france's louis xv. his idea of establishing a bank to issue paper money with credit revived the french economy and earned law the right to trade in france's vast american territories. shareholder profits from his...