John Law was a Scottish economist and banker who lived from 1671 to 1729. He is best known for his role in the financial and economic reforms in France during the early 18th century. Law is often credited with being one of the earliest proponents of paper money and central banking. He is also known for his involvement in the Mississippi Company, a trading company that played a significant role in the economic bubble known as the Mississippi Bubble. Law's financial theories and policies had a lasting impact on the development of modern banking and finance.