The "South Sea Bubble", 1720
The "South Sea Bubble", 1720
The South Sea Bubble of 1720 was a major financial crash in London. It immediately followed a similar crash on the Paris stock market, known as the Mississippi Bubble. The origins of both episodes are complex. However, the South Sea Bubble was popularly supposed to have been caused by fraud and folly. The financial centres of Europe were interlinked and hence the South Sea Bubble had effects beyond the London market. The crash inspired plays, satirical prints and political writings. Many artworks were refashioned along a South Sea theme to capitalise on a public taste for financial scandalmongering.
Paul, Helen J
d925e4be-28d4-42f5-824d-aec37750e062
Paul, Helen J
d925e4be-28d4-42f5-824d-aec37750e062
Paul, Helen J
(2015)
The "South Sea Bubble", 1720.
European History Online.
Abstract
The South Sea Bubble of 1720 was a major financial crash in London. It immediately followed a similar crash on the Paris stock market, known as the Mississippi Bubble. The origins of both episodes are complex. However, the South Sea Bubble was popularly supposed to have been caused by fraud and folly. The financial centres of Europe were interlinked and hence the South Sea Bubble had effects beyond the London market. The crash inspired plays, satirical prints and political writings. Many artworks were refashioned along a South Sea theme to capitalise on a public taste for financial scandalmongering.
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e-pub ahead of print date: 4 November 2015
Organisations:
Economics
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Local EPrints ID: 383968
URI: http://eprints.soton.ac.uk/id/eprint/383968
PURE UUID: 78463b45-5b0f-47a3-a61e-6678528412d4
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Date deposited: 01 Dec 2015 13:50
Last modified: 15 Mar 2024 03:27
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