2min chapter

Planet Money cover image

Summer School 1: An Economic History of the World

Planet Money

CHAPTER

The Rise and Fall of John Law's Financial System and Its Impact on Modern Finance

Explore the intriguing tale of John Law, the controversial figure known for introducing paper money and modern finance in France, only to face turmoil and ruin. Learn how Law's legacy of innovative financial concepts still resonates in current financial systems, despite his historical failures and controversial reputation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode