John Law's Company
Also known as: Mississippi scheme · Mississippi Bubble
John Law's Company, founded in 1717 by Scottish economist and financier John Law, was a joint-stock company that occupies a unique place in French and European monetary history, as it was for a brief moment granted the entire revenue-raising capacity of the French state.
Connections1
historical example of a speculative bubble
This 18th-century French corporation's stock bubble is a classic historical case study often compared to modern stock market bubbles.