The South Sea Bubble By Robert Wernick
by Robert Wernick /
2014 / English / EPUB
2.9 MB Download
At the end of the seventeenth century, English investors began to see money-making in a new light. A piece of paper – a share or a bond - could be as profitable as holdings in land and far less cumbersome to administer. Furthermore, while land was taxed, profits from these new securities were not.
