"I Am Not Master of Events"
The Speculations of John Law and Lord Londonderry in the Mississippi and South Sea Bubbles
Will be published approx. on 3. February 2012
Book
Hardback
232 pages
978-0-300-15316-3 (ISBN)
Description
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.
More details
Series
Language
English
Place of publication
United States
Target group
College/higher education
Product notice
Cloth over boards
Illustrations
10 b-w illus.
Dimensions
Height: 234 mm
Width: 156 mm
Thickness: 18 mm
Weight
538 gr
ISBN-13
978-0-300-15316-3 (9780300153163)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Erik Levi
I Am Not Master of Events
The Speculations of John Law and Lord Londonderry in the Mississippi and South Sea Bubbles
E-Book
11/2009
1st Edition
Yale University Press
€73.95
Available for download
Person
Larry Neal is emeritus professor of economics at the University of Illinois at Urbana-Champaign, research associate of the National Bureau of Economic Research, and visiting professor at the London School of Economics.