John Law (1671-1729) was a a Scottish economist (and convicted murderer) who pioneered the use of paper money when, after moving to France, he established himself as the Controller General and then subsequently engineered the greatest money swindle in history up till that time - which became known as "The Mississippi Bubble", that ended in the collapse of the French economy. INFO:
http://en.wikipedia.org/wiki/John_Law_(economist)
http://en.wikipedia.org/wiki/Mississippi_Company
An entertaining animated short detailing the swindle HERE:
http://www.youtube.com/watch?v=ADv5-Pen1L4
An insightful hourlong video presentation explaining more about John Law and the evolution of his and other moneymaking schemes HERE:
http://www.pbs.org/wnet/ascentofmoney/featured/the-ascent-of-money-episode-2-bonds-of-war/90/
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