Saturday, April 21, 2007

John Law

Today would have been Scottish economist John Law's 336th birthday. Law was a fascinating character who was very much in the middle of the birth of modern finance and gambling probabilities in the late 17th and early 18th centuries.

I heartily recommend the book Millionaire : The Philanderer, Gambler, and Duelist Who Invented Modern Finance if you want to learn more about the life and times of John Law.

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