Original: John Law (baptised 21 April 1671 â "died 21 March 1729) was a Scottish economist who believed that money was only a means of exchange that did not constitute wealth in itself and that national wealth depended on trade.
Simplified: John Law (baptized 21 April 1671 - 21 March 1729) was a Scottish economist who believed that money was only a means of exchange that did not have wealth in itself, and that national wealth depended on trade.