Nothing Learned in 300 Years – Bernie Madoff, John Law, the South Sea Bubble, Etc
by p_x_g Nothing Learned in 300 Years – Bernie Madoff, John Law, the South Sea Bubble, Etc The scandal around Bernie Madoff’s alleged Ponzi scheme recalls many historical examples of human greed and stupidity, notably the Mississippi Scheme of John Law in France and Britain’s South Sea Bubble, both of which contributed to European economic [...]

