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LOCATION:\, Maison Française\, Buell Hall East Gallery
DTSTAMP:20210221T33300Z
DTSTART;TZID=America/New_York:20170424T140000
DTEND;TZID=America/New_York:
SUMMARY:The Architecture\, Experience\, and Aftermath of a Financial D
 isaster
DESCRIPTION:In an effort to marshal resources to meet the escalating dem
 ands of war\, empire\, and state formation\, European governmen
 ts developed a set of sophisticated financial mechanisms aro
 und the turn of the eighteenth century. Soon\, however\, the a
 lready impressively complex financial architecture nearly cr
 umbled due to a series of cataclysmic stock market crashes. 
 The South Sea Bubble in England and the Mississippi Bubble i
 n France left the newly formed modern culture of credit in c
 omplete disarray. In this one-day workshop\, six French histo
 rians explore the conditions that led to the creation of Joh
 n Law’s financial scheme\, the intellectual context in whic
 h it became possible for people to believe in modern finance
 \, the role that political ideology played during the bubble\,
  the experience of living during the immediate aftermath of 
 the crash\, and the overall geopolitical context of the rise 
 and fall of Law’s system.
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