Crashes and Crises: Lessons from a History of Financial Disasters

The Mississippi Bubble (1x6)

Air date: Aug 16, 2018

Delve into the details of the Mississippi bubble, an early 18th-century financial crisis sparked by speculation in the anticipated wealth of French Louisiana. Learn how the bubble’s instigator, John Law, a Scottish gambler and convicted murderer, gained control of the French economy and pushed ideas that were ahead of their time—so far ahead that they plunged France into economic collapse.