A Very English Deceit The South Sea Bubble And The World's First Great Financial Scandal

Author: Malcolm Balen

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Price : 29.99 NZD
ISBN : 9781841155531
Publisher : HarperCollins
Imprint : Fourth Estate
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Publication date : 01 January 2003
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Author : Malcolm Balen
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Reading Level : very good
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Pages : 260
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9781841155531

Description

The early years of the eighteenth century produced two great monuments: one, Christopher Wren's new cathedral of St Pauls, an enduring testament to principled craft and masterful construction, the other, an empty fraud of such magnitude that its collapse threatened to overturn monarchies and governments. The full scale of this deceit was quietly covered up, its enduring legacy a poorly understood colloquialism: the South Sea Bubble. For the first time, Malcolm Balen uncovers the story of corruption and scandal that attended the birth of the first shareholder economy, and with it uncovers a parable for our times.

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