The South Sea Bubble
Feb 2017 · New Word City
eBook
25
Pages
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About this eBook
At the end of the seventeenth century, English investors began to see money-making in a new light. A piece of paper - a share or a bond - could be as profitable as holdings in land and far less cumbersome to administer. Furthermore, while land was taxed, profits from these new securities were not. This inevitably led to abuse. In this short-form book, New York Times bestselling author Robert Wernick traces the remarkable history of the South Sea Bubble, one of the greatest financial scandals of all time.
About the author
Salvador Dali once called him the stupidest man in the world; Cary Grant described him as the smartest. New York Times bestselling author Robert Wernick is certainly talented. He has penned more than a dozen books and has contributed to a host of magazines, ranging from Life to Vanity Fair. His topics are as varied as the birth of town planning in the Mesolithic Age to a soul-baring Ferris-wheel ride with Marilyn Monroe to a climb up Mount Sinai. He has made his home in Manhattan, Algiers, a ranch in the Nevada desert, San Francisco, the Basque coast, the Golden Isles of Georgia, and, most recently, the 14th Arrondissement of Paris.
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