Finance & History

Mississippi Bubble in Saint Domingue


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This episode tells the story of the rise and fall of the Mississippi Bubble (1720) in Saint Domingue (Haiti). Malick Ghachem (MIT) discusses with Carmen Hofmann (eabh)why money seems not to be working for Haiti today and how he sees the roots of the country's financial malfunction in its past. Listen to learn how Haiti's struggle for independence is connected to the debt crisis of Louis XIV and the invention of paper money in France.


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Finance & HistoryBy Carmen Hofmann

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