How This Financial Bubble Made Isaac Newton Lose a Fortune | Economic History for Sleep
Baker's Ledger
0:00 / 0:00
How This Financial Bubble Made Isaac Newton Lose a Fortune | Economic History for Sleep
39 просмотров · 6 дней назад
Baker's Ledger
2 подписчика
39 просмотров · 6 дней назад
Welcome to Baker's Ledger, a sleep channel about the history of money.
Tonight, the story of the South Sea Bubble. In the year seventeen twenty, London lost its mind over a company that did almost nothing at all, and even Isaac Newton, the cleverest man alive, lost a fortune before the year was out. This is the calm, slow story of how the world's most famous financial mania rose, and how quietly it fell. No jump cuts, no loud music, just one candle, one story, and an hour or so of quiet.
Dim the lights, get comfortable, and let the ledger do the counting.
Written, researched, and fact-checked by an economics graduate. New episodes weekly.
Sources:
Famous First Bubbles: The Fundamentals of Early Manias, Peter M. Garber
The South Sea Bubble: An Economic History of its Origins and Consequences, Helen Paul
Further reading:
Millionaire: The Philanderer, Gambler, and Duelist Who Invented Modern Finance, Janet Gleeson