'Reflections from the Mirror of Folly: Lord Londonderry and the Stock Market Bubbles of Paris, Amsterdam and London in 1720'

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• Professor Larry Neal (Illinois/LSE)
• Monday 11 January 2010, 17:00-19:00
• Lucia Windsor Room, Newnham College.

If you have a question about this talk, please contact D'Maris Coffman.

The experiences of Lord Londonderry during the bubble year of 1720 took him in succession through the Mississippi bubble in Paris, the South Sea bubble in London, a brief boom in Dutch West Indies stock in Amsterdam. He even initiated a bubble company of his own, the Bahamas Society in mid-1720. Although his speculations were undone time after time, in each case he managed to hedge his risks with a variety of stratagems moving among the several securities markets of the time. His resiliency in response to each setback provides an alternative set of moral lessons — the value of animal spirits combined with bourgeois virtues and perseverance to overcome adversity.

There are still some places left at dinner. Those who would like to sign up should contact D’Maris Coffman (ddc22) to register.

This talk is part of the Financial History Seminar series.

This talk is included in these lists:

• AUB_Cambridge Seminars
• CERF and CF Events
• Centre for Health Leadership and Enterprise
• Chris Davis' list
• Darwin Lectures and Seminars
• Economic and Social History Seminars
• Economics and Philosophy
• Financial History Seminar
• Lucia Windsor Room, Newnham College
• Neurons, Fake News, DNA and your iPhone: The Mathematics of Information
• history

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