Episode 60 • • 17:55 - 22:07
60: We're Celebrities Get Us Out of Here!
The Ascent of Money, French Revolution and John Law
The Channel 4 documentary series The Ascent of Money details how Scotsman John Law established the first French central bank and triggered a massive financial bubble in the early 1700s. Law's use of paper shares and the subsequent collapse of the Mississippi Company mirror modern economic crises. The historical parallels include the East India Company's role in the development of the first stock markets in Amsterdam.