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SUMMARY:'Reflections from the Mirror of Folly: Lord Londonderry and the St
 ock Market Bubbles of Paris\, Amsterdam and London in 1720' - Professor La
 rry Neal (Illinois/LSE)
DTSTART:20100111T170000Z
DTEND:20100111T190000Z
UID:TALK22242@talks.cam.ac.uk
CONTACT:D'Maris Coffman
DESCRIPTION:The experiences of Lord Londonderry  during the bubble year of
  1720 took him in succession through the Mississippi bubble in Paris\, the
  South Sea bubble in London\, a brief boom in Dutch West Indies stock in A
 msterdam.  He even initiated a bubble company of his own\, the Bahamas Soc
 iety in mid-1720.  Although his speculations were undone time after time\,
  in each case he managed to hedge his risks with a variety of stratagems m
 oving among the several securities markets of the time.  His resiliency in
  response to each setback provides an alternative set of moral lessons —
  the value of animal spirits combined with bourgeois virtues and persevera
 nce to overcome adversity.\n\nThere are still some places left at dinner. 
 Those who would like to sign up should contact D'Maris Coffman (ddc22) to 
 register.
LOCATION:Lucia Windsor Room\, Newnham College
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