Friday, March 20, 2009

John Law and the Mississippi Bubble

For decades and decades now, the National Film Board of Canada has been financing, producing, and distributing amusing and informative films. Now just about the entire output of the NFB is available free for nothing at their website. My colleague Françoise Noël points out that one of their featured items at the moment is a cartoon account of one of the first get rich quick schemes to wreck an economy with paper money and inflated assets -- The Mississippi Bubble. Go here and learn about the most infamous of Scottish economists, John Law.

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