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John Law and Richard Cantillon: The First Mississippi Fortune — Phase One

Antoin E. Murphy

in Richard Cantillon: Entrepreneur and Economist

Published in print:
1989
Published Online:
November 2003
ISBN:
9780198286820
eISBN:
9780191596681
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286821.003.0005
Subject:
Economics and Finance, History of Economic Thought

Cantillon's financial career was closely linked with that of John Law (1671–1729). Law wished to solve France's twin crises, the shortage of money and the high level of state indebtedness, through ... More


A Specie‐Less France, 1720

Antoin E. Murphy

in John Law: Economic Theorist and Policy-maker

Published in print:
1997
Published Online:
November 2003
ISBN:
9780198286493
eISBN:
9780191596674
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019828649X.003.0015
Subject:
Economics and Finance, History of Economic Thought

Because of his success with the Mississippi Company, John Law was appointed Contrôlleur Général des Finances in January, 1720. This meant he was the equivalent of the Prime Minister. Further ... More


Henry Thornton: The Lender of Last Resort

Antoin E. Murphy

in The Genesis of Macroeconomics: New Ideas from Sir William Petty to Henry Thornton

Published in print:
2008
Published Online:
May 2009
ISBN:
9780199543229
eISBN:
9780191715709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543229.003.0009
Subject:
Economics and Finance, Economic History, History of Economic Thought

This chapter discusses Henry Thornton's background and contributions to macroeconomics. Topics covered include his writing of Paper Credit, his criticisms of Adam Smith's monetary economics, and ... More


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