The ‘Gambling’ Banker

Antoin E. Murphy

in John Law: Economic Theorist and Policy-maker

Published in print June 1997 | ISBN: 9780198286493
Published online November 2003 | e-ISBN: 9780191596674 | DOI:
 The ‘Gambling’ Banker

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Law was considered as a type of eighteenth‐century bookmaker rather than as a gambler. The chapter discusses his use of mathematical skills that ensured that he won at the gambling tables of Europe.

Keywords: bookmaking; gambling; probability

Chapter.  5386 words. 

Subjects: History of Economic Thought

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