
Photo: Attributed to Alexis Simon Belle / Public domain (source: Wikimedia Commons)
My Take
John Law, the Scottish-French economist who lived from 1671 to 1729, is one of history's most instructive cautionary tales. He talked his way to the top of French finance and built Law's System around his bank and his company, an early experiment in paper money to revive a struggling economy. Then the Mississippi bubble inflated and burst spectacularly, one of the first great financial crashes the world had seen. What gets me every time is that a textbook figure was, at heart, such a gambler. He embodies the light and the shadow of financial innovation in a single life. Brilliant, reckless, and unforgettable.
Overview
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 (…
Summary adapted from Wikipedia, licensed under CC BY-SA 4.0.
1. Profile
- Name (English)
- John Law
- Name (Japanese)
- ジョン・ロー
- Reading
- じょん・ろー
- Born
- April 21, 1671 – March 21, 1729
- Zodiac / Chinese zodiac
- Taurus / Boar
- Origin
- Edinburgh, United Kingdom
- Blood type
- Private
- Height
- Private
- Agency
- Private
- Occupation
- economist / financier / statistician / bretteur / finance minister
2. Background
- Elementary school
- Private
- Junior high
- Private
- High school
- Private
- University
- Private
3. Relationships
- Spouse
- Private
- Children
- Private
- Parents
- Private
- Siblings
- Private
4. Personality
Motto
Private
6. Links
Economist — see all → · Financier — see all → · More people from United Kingdom →
7. About this entry
Tags
- Last updated
- 2026-06-02
Facts are limited to publicly available information up to 2024; non-public items are marked "Private / Unknown". English text is machine-assisted (facts translated by Sonnet, "My Take" written by Opus 4.8). The Japanese page is the source of record.