Part 2/9:
John Law grew up in a household steeped in financial acumen; his father was a respected goldsmith, a position that during those times also conferred the roles of banker and financier. Growing up amidst a coin shortage that compelled goldsmiths to issue promissory notes, Law developed an early affinity for money and an innate mathematical skill.
However, the young Law was also drawn to gambling and the allure of risk. His indulgence in debauchery—drinking and gambling—would later feature heavily in his life decisions and ultimately contribute to his downfall. After squandering his inheritance and mortgaging his family estate, he found himself embroiled in a duel that resulted in the murder of Edward Wilson, bringing him close to execution.