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Prices and Wages at Paris under John Law's System

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  • Earl J. Hamilton

Abstract

Introduction, 42.—I. Economic conditions in France upon the death of Louis XIV, 43.—II. The General Bank and the Company of the West, 44.— III. The Royal Bank and the Company of the Indies, 47.— IV. Sources of price and wage statistics, 48.— V. Commodity prices, 50.— VI. Why prices rose, 62.— VII. Group price movements, 64.— VIII. Wages: money and real, 66.— IX. Comparison of prices at London, Madrid, Philadelphia, and Paris, 67.—X. Summary and Conclusions, 69.

Suggested Citation

  • Earl J. Hamilton, 1936. "Prices and Wages at Paris under John Law's System," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(1), pages 42-70.
    • Handle: RePEc:oup:qjecon:v:51:y:1936:i:1:p:42-70.
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    Cited by:

    1. Francois R. Velde, 2003. "Government equity and money: John Law’s system in 1720 France," Working Paper Series WP-03-31, Federal Reserve Bank of Chicago.
    2. Condorelli, Stefano, 2014. "The 1719-20 stock euphoria: a pan-European perspective," MPRA Paper 68652, University Library of Munich, Germany, revised Dec 2015.
    3. David Mitch, 2010. "Chicago and Economic History," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 8, Edward Elgar Publishing.
    4. Bryan P Cutsinger & Vincent Geloso & Mathieu Bédard, 2022. "The wild card: colonial paper money in French North America, 1685 to 1719 [Economic Structure and Agricultural Productivity in Europe, 1300–1800]," European Review of Economic History, European Historical Economics Society, vol. 26(2), pages 185-207.
    5. Stanley Fischer & Ratna Sahay & Carlos A. Végh, 2002. "Modern Hyper- and High Inflations," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 837-880, September.
    6. Robert F. Bruner & Scott C. Miller, 2020. "The First Modern Financial Crises: The South Sea and Mississippi Bubbles in Historical Perspective," Journal of Applied Corporate Finance, Morgan Stanley, vol. 32(4), pages 17-33, December.

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