John Law of Lauriston by A. W. Wiston-Glynn

Description

John Law of Lauriston by A. W. Wiston-Glynn is a historical account written in the early 20th century. The book explores the remarkable life of John Law, a financier and statesman of the early 18th century known for his role in founding the Bank of France and initiating the controversial Mississippi Scheme. It delves into how Law’s groundbreaking financial theories, captivating personality, and tumultuous career dramatically influenced the economic landscape of France and beyond. The opening of the work sets the stage for Law’s intriguing story, detailing his background, early education, and the pivotal events that led him to France after being accused of murder in England. It describes his early fascination with finance, his experiences as a gambler on the Continent, and how he meticulously studied existing banking systems. Law emerges as a complex figure driven by ambition and intellect, positioning himself in an era rife with economic challenges that he hoped to remedy with his innovative financial ideas. The narrative begins to outline his aspirations, the struggle for recognition amid political turmoil, and foreshadows the significant impacts his schemes would have on France’s economy. (This is an automatically generated summary.)