Isbn: 9780243224319 - Histoire Des Banques En France (classic Reprint) (3 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book is the first volume of a two-volume work covering the history of banking in France. The volume opens during the reign of Louis XV and examines the state of credit in France following the death of Louis XIV. The author discusses the establishment of the first bank of circulation and deposit in France and traces the development of these institutions in Europe through the mid-18th century. The author gives special attention to John Law, a Scottish financier considered a genius by many of his contemporaries. Law's innovative ideas about economics and banking led to the creation of the Banque Gà nà rale, a private bank that eventually merged with the state to become the Banque Royale, the forerunner of the Banque de France. The author details the ups and downs of Law's ambitious plans, which included the consolidation of various commercial enterprises in America and Africa under a single company. The company's shares soared in a speculative bubble that burst in 1720, leading to a financial crisis in France. This book offers a fascinating glimpse into the early days of modern banking and the role of speculation in financial markets. Through the lens of Law's extraordinary life and career, the author brings to life this pivotal period in economic history. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…