ECONOMIST

John Law

1671 - 1729

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John Law (pronounced [lɑs] in French in the traditional approximation of Laws, the colloquial Scottish form of the name; 21 April 1671 – 21 March 1729) was a Scottish-French economist and financier. He rose to power in France where he created a novel financial scheme for French public finances known as Law's System (French: le système de Law) with two institutions at its core, John Law's Bank and John Law's Company (also known as the Mississippi company), ending in the devastating boom and bust "Mississippi Bubble" of 1720. Born in Scotland, Law was an accomplished gambler with an interest in the rules of probability. After killing a man in a duel and being sentenced to death, he fled to mainland Europe. Read more on Wikipedia

His biography is available in different languages on Wikipedia. John Law is the 17th most popular economist (down from 16th in 2019), the 303rd most popular biography from United Kingdom (down from 237th in 2019) and the 7th most popular British Economist.

John Law was a Scottish economist who was most famous for his economic theories and the establishment of the Banque Royale in France.

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Among ECONOMISTS

Among economists, John Law ranks 17 out of 414Before him are Milton Friedman, François Quesnay, Joseph Schumpeter, Mario Draghi, George Shultz, and Alfred Marshall. After him are Ludwig von Mises, W. Arthur Lewis, Klaus Schwab, William F. Sharpe, Jan Tinbergen, and Robert Lucas Jr..

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Contemporaries

Among people born in 1671, John Law ranks 2Before him is Tomaso Albinoni. After him are Gian Gastone de' Medici, Grand Duke of Tuscany, Frederick IV of Denmark, Nizam-ul-Mulk, Asaf Jah I, Christiane Eberhardine of Brandenburg-Bayreuth, Frederick IV, Duke of Holstein-Gottorp, Johann Christoph Bach, Anthony Ashley-Cooper, 3rd Earl of Shaftesbury, Louis Rudolph, Duke of Brunswick-Lüneburg, Duchess Charlotte Felicitas of Brunswick-Lüneburg, and Rob Roy MacGregor. Among people deceased in 1729, John Law ranks 1After him are Thomas Newcomen, Jacob Roggeveen, Leopold, Duke of Lorraine, Jean Meslier, John Ernest IV, Duke of Saxe-Coburg-Saalfeld, Alexander Danilovich Menshikov, Élisabeth Jacquet de La Guerre, Count Palatine Joseph Charles of Sulzbach, John William III, Duke of Saxe-Eisenach, Johann David Heinichen, and Anthony Collins.

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In United Kingdom

Among people born in United Kingdom, John Law ranks 303 out of 8,785Before him are Saint Ursula (400), Norman Haworth (1883), Edward Smith (1850), John Sulston (1942), John Logie Baird (1888), and Princess Alexandra, The Honourable Lady Ogilvy (1936). After him are Peter Higgs (1929), Harold Godwinson (1022), Henry IV of England (1367), Michael York (1942), Thomas Newcomen (1663), and Louise, Princess Royal (1867).

Among ECONOMISTS In United Kingdom

Among economists born in United Kingdom, John Law ranks 7Before him are Adam Smith (1723), John Maynard Keynes (1883), David Ricardo (1772), Thomas Robert Malthus (1766), John Stuart Mill (1806), and Alfred Marshall (1842). After him are John Hicks (1904), William Petty (1623), Ronald Coase (1910), Lionel Robbins (1898), Benjamin Graham (1894), and Beatrice Webb (1858).