Part 2: Bonds of War

S1, E102: Part 2: Bonds of War

Available on CuriosityStream, PBS Video, HBO Max
In the second episode of the four-hour series THE ASCENT OF MONEY, economist and historian Niall Ferguson explores John Law and his Louisiana territory Ponzi scheme that wrecked the economy of 18th Century France; and the innovations that let bond markets support warfare in Europe.