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TIP505: The Price of Time w/ Edward Chancellor
We Study Billionaires - The Investor’s Podcast Network
John Law and the World's First Experiment With Easy Money
Scottish economist John Law conducted the world's first experiment with easy money. He was sentenced to death in absence, but escapes jail and flees to Europe. After 20 years touring around Europe he develops an interest in economics. In 17th century law proposed a bank that would lend money against land.
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