Can I read Millionaire : The Philanderer, Gambler, and Duelist Who Invented Modern Finance on EtoBox?

Millionaire : The Philanderer, Gambler, and Duelist Who Invented Modern Finance by Janet Gleeson is a history book available to read on EtoBox.

What is Millionaire : The Philanderer, Gambler, and Duelist Who Invented Modern Finance about?

On the death of France's most glorious king, Louis XIV, in 1715, few people benefited from the shift in power more than the intriguing financial genius from Edinburgh, John Law. Already notorious for killing a man in a duel and for acquiring a huge fortune from gambling, Law had proposed to the English monarch that a bank be established to issue paper money with the credit based on the value of land. But Queen Anne was not about to take advice from a gambler and felon. So, in exile in Paris, he convinced the bankrupt court of Louis XV of the value of his idea. Law soon engineered the revival of the French economy and found himself one of the most powerful men in Europe. In August 1717, he founded the Mississippi Company, and the Court granted him the right to trade in France's vast territory in America. The shareholders in his new trading company made such enormous profits that the term'millionaire'was coined to describe them. Paris was soon in a frenzy of speculation, conspiracies, and insatiable consumption. Before this first boom-and-bust cycle was complete, markets throughout Europe crashed, the mob began calling for Law's head, and his visionary ideas about what money could do

Who reads Millionaire : The Philanderer, Gambler, and Duelist Who Invented Modern Finance?

Author

Janet Gleeson

Publisher

Simon & Schuster Paperbacks

Published

1999

Language

EN

ISBN

9780684872957

Category

history

Subjects

Memoir, Finance, Fiction

Rating

3.68 / 5 (180 ratings)

Updated

2026-03-14