Here are some one liners...
The Royal Bank of Scotland and the Wonders of Overdraft Protection -- I talk about how banks in Scotland were formed and how the Subprime mortgage collapse was in part due to an implied guarantee that the government would not let the banks fail.
The Escape Artist and the Invention of Scandal Journalism -- Before Gentleman Jack is hanged he publishes his autobiography on his short life of debauchery and crime. It is scandal journalism.
Don't Tread on My Birthday -- The guy who designed the flag with the snake on it is born.
The Royal Bank of Scotland and the Wonders of Overdraft ProtectionThe Scotland Company is a merchant company that has become a lender. It is taking a long time to develop its markets in Africa and the Indies, so they have a lot of money sitting around doing nothing. In Scotland, banking is wide open. (It is a freakin' Libertarian dream.) They set up "The Equivalent Company" to lend out their idle money. When the Bank of Scotland is suspected of harboring disloyal thoughts about King George, the Scottish Parliament will grant a charter to the Equivalent Company in 1727 as a public bank (that is, a limited liability bank with implied government guarantees). They rename the company "The Royal Bank of Scotland," to emphasize their support for the Protestant King George the 1st. Their mission will be to attract more depositors and do better business than the Old Bank of Scotland. By 1728, the Royal Bank of Scotland will introduce a banking innovation: the overdraft... an instant loan. William Hog, a merchant, will immediately withdraw the equivalent of over $100,000 more than he will have on deposit in the bank. (And the crowd roars.)      
The Escape Artist and the Invention of Scandal JournalismJack Sheppard, otherwise known as "Gentleman Jack", has escaped from prison 4 times this year alone. The fifth time is the charm, but not for Jack. After several years of a successful apprenticeship to a carpenter, he was led to drink, and debauchery under the ministrations of the prostitute, Edgewood Bess. He was also taught pickpocketing and highway robbery by his partner in crime, Joseph "Blueskin" Blake. "Gentleman Jack" has been on a two year crime spree, and it is all coming to an end. Sheppard has been caught dead drunk after spending time with two women of negotiable virtue. It is such a scandal that before Jack Sheppard is executed he publishes his autobiography entitled "The History of the Remarkable Life of John Sheppard". It is probably ghostwritten by Daniel Defoe, the author of "Robinson Caruso". It sells like hotcakes.... especially at the hanging. Government officials are dismayed by Sheppard's popularity even after his death, so they ban all plays with the name "Jack Sheppard" in the title. The ban will remain in effect for the next 40 years.    
Don't Tread on My Birthday
- * Christopher Gadsden - The designer of the Don't Tread on Me flag is born in Charleston, South Carolina. 
- * Immanuel Kant - Born in Prussia, he is one of the greatest of philosophers of all time. 
This Year in Wikipedia
Year 1724, Wikipedia.