John Law (1671–1729) was a Scottish economist who believed that money was only a means of exchange that did not constitute wealth in itself and that national wealth depended on trade. He was appointed Controller General of Finances of France. He established the Banque Générale in France, the first central bank of the nation. He was responsible for the Mississippi Company bubble and a chaotic economic collapse in France. He was a gambler and a brilliant mental calculator. He originated economic ideas such as "The Scarcity Theory of Value" and the "real bills doctrine." Law’s views held that money creation will stimulate the economy.

Law killed a man in a duel with a sword.

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