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Over the years, one financial crisis after another has ruined – or profited – those caught in the middle of it. The pay and benefits of UK residents is still being affected by the latest crisis of a decade ago.

So when has financial advice eased, exacerbated, or even created these downturns?

Researchers at the universities of Southampton, Edinburgh, Lancaster and Manchester – funded by the Arts and Humanities Research Council – have explored the history of financial advice, and how it is represented in culture. The findings are part of a free, online course.

Professor Nicky Marsh, principal investigator on the project, has picked out some examples from art and literature and explains what they tell us.

The South Sea Bubble

The failure of the South Sea Company was the crisis that shaped our understanding of the dangers of speculative bubbles.

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