Katrina Gulliver

The South Sea Company’s bonds were never meant to be a scam

The Company’s founders were naive, argues Thomas Levenson, and the Bubble was the result of folly, not deliberate fraud

London’s Exchange Alley during the South Sea Bubble frenzy of 1720
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  • Money for Nothing: The South Sea Bubble and the Invention of Modern Capitalism

    Thomas Levenson

    Head of Zeus, pp. 336, £20

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