A. W. Wiston-Glynn
Published: 2022-07-21
Total Pages: 158
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This book is a biography of John Law, a Scottish economist who distinguished money, a means of exchange, from national wealth dependent on trade. He served as Controller General of Finances under the Duke of Orleans, who was regent for the juvenile Louis XV of France. In 1716, Law set up a private Banque Générale in France, which effectively made it the nation's first central bank.