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Author : Adolphe Thiers
Publisher : Unknown
Page : 376 pages
File Size : 48,7 Mb
Release : 1859
Category : Darien (Panama and Colombia)
ISBN : HARVARD:32044020406005
Author : Anonim
Publisher : ReadHowYouWant.com
Page : 450 pages
File Size : 54,9 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9781442906747
Author : Thomas B. Costain
Publisher : Rare Treasure Editions
Page : 127 pages
File Size : 50,5 Mb
Release : 2022-06-15T00:00:00Z
Category : History
ISBN : 9781773238777
“The Mississippi Bubble” was a wild, giddy, devastating, international episode in eighteenth century French and American history that ought to be better known, if, as nothing else, a cautionary tale. At its simplest, a Scottish fugitive named John Law convinced the rulers of France to let him use France as a laboratory for his economic theories, and one of his schemes was selling shares for a new colony in America, eventually centered around what was to become New Orleans. The sales pitches weren’t tethered to reality, especially as the scheme got more and more out of hand. Costain does a good job of following the twists and turns and tyrannical moves that were put in play to try to prop things up...
Author : Emerson Hough
Publisher : Fireship Press
Page : 306 pages
File Size : 44,9 Mb
Release : 2009-09
Category : Fiction
ISBN : 9781934757888
In 1716 France was broke. A series of wars waged by Louis XIV had left the economy in ruins, the king in debt, and the government coffers empty. France did not even have enough gold to produce new coins. Into this breech stepped John Law, a brilliant Scottish economist, and a man on the run from British justice. He knew that France could never recover if it continued to base it's money on precious metals that the government actually owned. So, he set up a bank and obtained the right to issue "paper money"-pieces of paper that stood for value, but had no intrinsic worth of its own. Next, he bought a nearly defunct entity called the Mississippi Company, spun stories of gold and gems for the taking in France's Louisiana territories, and issued shares of stock. To sweeten the deal, he offered nearly unlimited credit and would guarantee the share's value. People flocked from all over France to buy Mississippi Company stock. By 1719, 500 livre shares were selling for 5000 livres. Overnight, poor people were becoming rich, and the rich were becoming even wealthier. At some point the bubble had to burst; and, in 1720, it did. The value of Mississippi Company shares began decreasing; and people started asking, if my paper stock shares were losing value, what was happening to my paper money? This began a run of people demanding gold for paper, which the banks could not provide. When the Mississippi bubble burst, tens of thousands were left impoverished. John Law was forced to flee the country, to die three years later-penniless. Emerson Hough has beautifully captured the triumph and tragedy of that era in his best selling novel: The Mississippi Bubble. It's a must read for anyone interested in how greed can overcome common sense in even the most rational of people.
Author : Adolphe Thiers
Publisher : BoD – Books on Demand
Page : 342 pages
File Size : 51,9 Mb
Release : 2023-05-04
Category : Fiction
ISBN : 9783382326562
Reprint of the original, first published in 1859. The publishing house Anatiposi publishes historical books as reprints. Due to their age, these books may have missing pages or inferior quality. Our aim is to preserve these books and make them available to the public so that they do not get lost.
Author : Emerson Hough
Publisher : DigiCat
Page : 314 pages
File Size : 48,7 Mb
Release : 2022-11-13
Category : Fiction
ISBN : EAN:8596547395812
The Mississippi Bubble revolves around the story of John Law and the famous "Mississippi Bubble", an economic crisis of speculative investment in the French colony of Louisiana. Upon finishing his education John Law intends to pursue a financial career in London, but gets involved in a duel. He escapes the sentence and travels abroad and explores the upper reaches of the St. Lawrence and to the Mississippi. John gets involved in dubious money printing business and chance has thrown him together with a woman who he takes as mistress. Emerson Hough (1857–1923) was an American author best known for writing western stories, adventure tales and historical novels. His best known works include western novels The Mississippi Bubble and The Covered Wagon, The Young Alaskans series of adventure novels, and historical works The Way to the West and The Story of the Cowboy.
Author : Adolphe 1797-1877 Thiers,Francis Skinner 1825-1907 Fiske
Publisher : Unknown
Page : 366 pages
File Size : 54,7 Mb
Release : 2016-08-28
Category : History
ISBN : 1372744673
Author : Anonim
Publisher : ReadHowYouWant.com
Page : 326 pages
File Size : 51,6 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9781442906723
Author : Thomas Bertram Costain
Publisher : New York : Random House
Page : 200 pages
File Size : 48,5 Mb
Release : 1955
Category : Law, John, 1671-1729
ISBN : IND:30000113615359
Story of the early days and rapid growth of the Louisiana colony.
Author : Thomas Bertram Costain
Publisher : Unknown
Page : 185 pages
File Size : 54,8 Mb
Release : 1968
Category : Finance
ISBN : OCLC:221692296
Author : Emerson Hough
Publisher : ReadHowYouWant.com
Page : 470 pages
File Size : 55,5 Mb
Release : 1902
Category : Americana
ISBN : UOM:39015050991135
A story of the fortunes of John Law, the financier, and of his schemes to colonize the Mississippi Valley.
Author : Emerson Hough
Publisher : CreateSpace
Page : 150 pages
File Size : 52,6 Mb
Release : 2014-12-06
Category : Electronic
ISBN : 1505387825
"Gentlemen, this is America!" The speaker cast upon the cloth-covered table a singular object, whose like none of those present had ever seen. They gathered about and bent over it curiously. "This is that America," the speaker repeated. "Here you have it, barbaric, wonderful, abounding!" With sudden gesture he swept his hand among the gold coin that lay on the gaming table. He thrust into the mouth of the object before him a handful of louis d'or and English sovereigns. "There is your America," said he. "It runs over with gold. No man may tell its richness. Its beauty you can not imagine."
Author : Adolphe Thiers
Publisher : Nabu Press
Page : 342 pages
File Size : 54,7 Mb
Release : 2013-10
Category : Electronic
ISBN : 1294082361
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. ++++ The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to ensure edition identification: ++++ The Mississippi Bubble: A Memoir Of John Law Adolphe Thiers Francis Skinner Fiske W.A. Townsend & Company, 1859 History; United States; State & Local; General; Darien (Panama and Colombia); History / General; History / United States / General; History / United States / State & Local / General; New Caledonia (Colony); Scots
Author : Adolphe Thiers (1797-1877)
Publisher : Unknown
Page : 0 pages
File Size : 42,8 Mb
Release : 1969
Category : Electronic
ISBN : OCLC:1337796328
Author : Peter M. Garber
Publisher : MIT Press
Page : 180 pages
File Size : 46,7 Mb
Release : 2001-08-24
Category : Business & Economics
ISBN : 0262571536
The jargon of economics and finance contains numerous colorful terms for market-asset prices at odds with any reasonable economic explanation. Examples include "bubble," "tulipmania," "chain letter," "Ponzi scheme," "panic," "crash," "herding," and "irrational exuberance." Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event. In this book Garber offers market-fundamental explanations for the three most famous bubbles: the Dutch Tulipmania (1634-1637), the Mississippi Bubble (1719-1720), and the closely connected South Sea Bubble (1720). He focuses most closely on the Tulipmania because it is the event that most modern observers view as clearly crazy. Comparing the pattern of price declines for initially rare eighteenth-century bulbs to that of seventeenth-century bulbs, he concludes that the extremely high prices for rare bulbs and their rapid decline reflects normal pricing behavior. In the cases of the Mississippi and South Sea Bubbles, he describes the asset markets and financial manipulations involved in these episodes and casts them as market fundamentals.