Voltaire and F*** You Money
Voltaire is well known as one of France’s greatest writers and thinkers during the Enlightenment period. But did you know the following aspect of his life? Long before he became famous, Voltaire met a brilliant mathematician, Charles Marie de la Condamine, who suggested a scheme to get insanely rich by exploiting an opportunity that the French government had inadvertently created. What was that opportunity? Well, the French government of the day could offer only low rates of interest on bonds they wanted to sell. This, of course, made the bonds unattractive. So the Deputy Finance Minister came up with an idea to make the bonds more attractive: - Anyone who bought a bond would be eligible to buy a lottery ticket linked to the price of the bond (1/1000 of the bond value). - The winner of the lottery would get the value of his bond plus 500,000 livres . This was a hug...