[DOC] [TLE] John Law (economist) - Wikipedia [PAR] John Law (baptised 21 April 1671  21 March 1729) was a Scottish economist 
who believed ... He originated economic ideas such as "The Scarcity Theory of 
Value" and the ... Law was born into a family of bankers and goldsmiths from Fife; 
his father ... The first manifestation of Law's system came when he had returned 
to... [DOC] [TLE] John Law and the Mississippi Bubble: 1718-1720 | Mississippi ... [PAR] In the early 18th century the economy of France was depressed. ... was fertile 
ground for some of the monetary and economic ideas of John Law (1671-1729). [DOC] [TLE] The First Crash: Lessons from the South Sea Bubble - EH.net [PAR] Dale builds his argument first by setting the scene for irrational exuberance in ... 
No recapitulation of the South Sea Bubble is complete without reference to the ... 
manipulations of John Law that caused the payments crisis in his chapter on Law
. ... his classic guide to the eighteenth century stock market, Every Man His Own... [DOC] [TLE] Alan Greenspan Is No John Law - The Golden Sextant [PAR] See John Law and Alan Greenspan - The Great Inflationists, together with his ... I 
was prepared for the dour countenance of the man Ayn Rand had called the ... 
with no intrinsic value; both waged a relentless and ultimately futile war on gold; 
..... special privilege that made up the 18th century French economy, would have
... [DOC] [TLE] Government Equity and Money: John Law's System in ... - Heraldica [PAR] May 17, 2004 ... Keywords: Syst`eme, John Law, government equity, bubble, debt conversion (
JEL B31, ... The episode takes place in the early eighteenth century in France. ... I 
first briefly describe the French fiscal system and practices in the .... for a single, 
lump-sum payment representing the tax's net present value. [DOC] [TLE] How John Law's Failed Experiment Gave Us a New Word: 'Millionaire' [PAR] Jul 19, 2000 ... John Law was an 18th-century gambler whose revolutionary currency ... It was 
the great fortune of a man named John Law that he could introduce his ideas 
about paper ... That meant the value of the notes would be unaffected by future ... 
Shares in the company sold slowly at first: For nearly two years, they... [DOC] [TLE] Of Central Bankers, Monkeys, and John Law - images ... [PAR] Dec 9, 2015 ... Bankers, Monkeys and John Law, he proceeded to run down the .... Finally, this 
first group were removed from the cage and replaced by a ... 18th century when 
France was ruled by the boy king Louis XV and .... value of the gold stock / the 
value of engagements; the modern equivalent may be the net... [DOC] [TLE] The Great Mirror of Folly - Marketupdate [PAR] Mar 6, 2014 ... This booklet appeared in 1720, shortly after the first stock market crash ... A Satire 
on John Law of Lauriston, &c.2 [1720] ... [Actually, bankrupted speculators] ... who 
raises the grating or net; the gentleman, ignorant of his true position, ..... 18th-
century Types, thieves, knaves, and fools try to climb aboard the... [DOC] [TLE] Adam Smith: The Father of Economics | Investopedia [PAR] Sep 7, 2016 ... Adam Smith was an 18th century philosopher renowned as the father of modern 
... Adam Smith is renowned as "The Father of Economics" for his work ... 
Reference ... is most famous for his 1776-piece, "The Wealth of Nations," but his 
first ... Nations," countries declared their wealth based on the value of their... [DOC] [TLE] Public Regret Announcement: John Boehner Regrets, Woodrow ... [PAR] Jan 29, 2013 ... Speaker John Boehner (R-Ohio) is sharing his regrets about his ... President 
Barack Obama, makes a toast with his wife first lady Michelle Obama, ... Some 
say he did, for Wilson has been quoted in saying: I am a most unhappy man. ... 
the inflationary possibilities of paper money in the early 18th century. [DOC] [TLE] Asset Price

Question: The first man called this, referring to his net value, was 18th century speculator John Law
Answer: a millionaire