Chapter

Requiem for the Banknote

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: http://dx.doi.org/10.1093/019828649X.003.0019
 Requiem for the Banknote

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The growing collapse of the System was mirrored by the restoration of gold and silver along with the public burning of banknotes, the continued fall in the price of the Mississippi Company's shares, and John Law's enforced departure from France.

Keywords: Specie; banknotes; bubbles; exile; Mississippi Company

Chapter.  9483 words. 

Subjects: History of Economic Thought

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