The Rise and Decline of the Medici Bank, 1397-1494

The Rise and Decline of the Medici Bank, 1397-1494 PDF Author: Prof. Raymond de Roover
Publisher: Pickle Partners Publishing
ISBN: 1789120772
Category : Travel
Languages : en
Pages : 577

Book Description
The roots of modern capitalism go back to the Italian banking system of the late Middle Ages and the Renaissance. In the fifteenth century, the Medici Bank succeeded in overshadowing its competitors, the Bardi and the Peruzzi, who were the giants of the fourteenth century, and grew into a vast establishment with branches in most of the large cities of Western Europe. A study of its operations is essential to an understanding of the economic conditions in Europe in the fifteenth century. From a careful study of pertinent documents, including a set of libri segreti (confidential ledgers) discovered in 1950, Professor de Roover has reconstructed the details of the bank’s organization and operating methods; its loan policies, which reflected the Church’s doctrine on usury; its trading and industrial investments; its roles within the Florentine gild system and tax structure; and its activities as financial agent of the Church. He covers every aspect of the bank’s history, from its early years under the management of Giovanni di Bicci de’ Medici to its collapse with the expulsion of the Medici from Florence. “An invaluable contribution to the economic history of the period....A splendid book.”—Harry A. Miskimin, The American Economic Review “The most important work in English on a medieval or Renaissance bank.”—The Economist “The best book ever written on the medieval banking system.”—John T. Noonan, Jr., Harvard Law Review “The most authoritative treatment of its subject in any language.”—Rondo Cameron, The Accounting Review

The Rise and Decline of the Medici Bank, 1397-1494

The Rise and Decline of the Medici Bank, 1397-1494 PDF Author: Prof. Raymond de Roover
Publisher: Pickle Partners Publishing
ISBN: 1789120772
Category : Travel
Languages : en
Pages : 577

Book Description
The roots of modern capitalism go back to the Italian banking system of the late Middle Ages and the Renaissance. In the fifteenth century, the Medici Bank succeeded in overshadowing its competitors, the Bardi and the Peruzzi, who were the giants of the fourteenth century, and grew into a vast establishment with branches in most of the large cities of Western Europe. A study of its operations is essential to an understanding of the economic conditions in Europe in the fifteenth century. From a careful study of pertinent documents, including a set of libri segreti (confidential ledgers) discovered in 1950, Professor de Roover has reconstructed the details of the bank’s organization and operating methods; its loan policies, which reflected the Church’s doctrine on usury; its trading and industrial investments; its roles within the Florentine gild system and tax structure; and its activities as financial agent of the Church. He covers every aspect of the bank’s history, from its early years under the management of Giovanni di Bicci de’ Medici to its collapse with the expulsion of the Medici from Florence. “An invaluable contribution to the economic history of the period....A splendid book.”—Harry A. Miskimin, The American Economic Review “The most important work in English on a medieval or Renaissance bank.”—The Economist “The best book ever written on the medieval banking system.”—John T. Noonan, Jr., Harvard Law Review “The most authoritative treatment of its subject in any language.”—Rondo Cameron, The Accounting Review

The Rise and Decline of the Medici Bank

The Rise and Decline of the Medici Bank PDF Author: Raymond Adrien De Roover
Publisher:
ISBN: 9780393003505
Category : Banks and banking
Languages : en
Pages : 500

Book Description


The Rise and Decline of the Medici Bank, 1397-1494

The Rise and Decline of the Medici Bank, 1397-1494 PDF Author: Raymond De Roover
Publisher: Beard Books
ISBN: 9781893122321
Category : Business & Economics
Languages : en
Pages : 544

Book Description
A classic history of banking and trade in the medieval period, combining superb research and analysis with graceful writing. The Medici Bank was the most powerful banking house of the 15th century. Headquartered in Florence, Italy, it established branches in Rome, Venice, Geneva, Lyons, Bruges, London, and many other cities. The bank served as financial agent of the Church, extended credit to monarchs, and facilitated international trade in Western Europe. By their personal influence and the use of their profits, the owners and administrators of the bank contributed significantly to the development of Florence as the greatest center of the Renaissance.

The Rise and Decline of the Medici Bank, 1397-1494

The Rise and Decline of the Medici Bank, 1397-1494 PDF Author: Raymond De Roover
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 500

Book Description
Money changers guild - Cosimo - Medici as merchants - Tavola in Florence - Fondaco in Venice - Silk industry - Patronage - Strozzi family.

The Medici Bank

The Medici Bank PDF Author: Prof. Raymond de Roover
Publisher: Pickle Partners Publishing
ISBN: 1787207714
Category : Travel
Languages : en
Pages : 138

Book Description
Professor Raymond de Roover received his MBA from Harvard University in June 1938, and it was during that summer that he, together with his wife, Florence Edler, an American scholar studying European economic history, photographed the records that would form the basis for this Medici Bank study. First published in 1948, this publication examines the structural organization and eventual fall of the Medici Bank, the largest and most respected bank in Europe during its prime in the 15th century (1397-1494). The book includes in-depth chapters covering the Florentine banking system; the structure of the Medici firm; the central administration and the branches; the management of the branches; the management of the industrial establishments in Florence; banking and exchange transactions; commercial transactions; the alum cartel; the sources of invested funds; and, finally, the causes of the decline. An important addition to the historical analysis of banking during the formative period of modern institutions.

The Rich

The Rich PDF Author: John Kampfner
Publisher: Hachette UK
ISBN: 1405519738
Category : History
Languages : en
Pages : 384

Book Description
From the Orwell Prize shortlisted author of Freedom for Sale, The Rich is the fascinating history of how economic elites from ancient Egypt to the present day have gained and spent their money. Starting with the Romans and Ancient Egypt and culminating with the oligarchies of modern Russia and China, it compares and contrasts the rich and powerful down the ages and around the world. What unites them? Have the same instincts of entrepreneurship, ambition, vanity, greed and philanthropy applied throughout? As contemporary politicians, economists and the public wrestle with the inequities of our time - the parallel world inhabited by the ultra-wealthy at a time of broader hardship - it is salutary to look to history for explanations. This book synthesises thousands of years of human behaviour and asks the question: is the development of the globalised super-rich over the past twenty years anything new?

The Reckoning

The Reckoning PDF Author: Jacob Soll
Publisher: Hachette UK
ISBN: 0465036635
Category : History
Languages : en
Pages : 312

Book Description
Whether building a road or fighting a war, leaders from ancient Mesopotamia to the present have relied on financial accounting to track their state's assets and guide its policies. Basic accounting tools such as auditing and double-entry bookkeeping form the basis of modern capitalism and the nation-state. Yet our appreciation for accounting and its formative role throughout history remains minimal at best-and we remain ignorant at our peril. The 2008 financial crisis is only the most recent example of how poor or risky practices can shake, and even bring down, entire societies. In The Reckoning, historian and MacArthur "Genius" Award-winner Jacob Soll presents a sweeping history of accounting, drawing on a wealth of examples from over a millennia of human history to reveal how accounting has shaped kingdoms, empires, and entire civilizations. The Medici family of 15th century Florence used the double-entry method to win the loyalty of their clients, but eventually began to misrepresent their accounts, ultimately contributing to the economic decline of the Florentine state itself. In the 17th and 18th centuries, European rulers shunned honest accounting, understanding that accurate bookkeeping would constrain their spending and throw their legitimacy into question. And in fact, when King Louis XVI's director of finances published the crown's accounts in 1781, his revelations provoked a public outcry that helped to fuel the French Revolution. When transparent accounting finally took hold in the 19th Century, the practice helped England establish a global empire. But both inept and willfully misused accounting persist, as the catastrophic Stock Market Crash of 1929 and the Great Recession of 2008 have made all too clear. A masterwork of economic and political history, and a radically new perspective on the recent past, The Reckoning compels us to see how accounting is an essential instrument of great institutions and nations-and one that, in our increasingly transparent and interconnected world, has never been more vital.

The Morgans

The Morgans PDF Author: Vincent P. Carosso
Publisher: Harvard University Press
ISBN: 9780674587298
Category : Biography & Autobiography
Languages : en
Pages : 940

Book Description
The House of Morgan personified economic power in the late 19th/early 20th centuries. Carosso constructs an in-depth account of the evolution, operations, and management of the Morgan banks at London, New York, Philadelphia, and Paris, from the time Junius Spencer Morgan left Boston for London to the death of his son, John Pierpont Morgan.

Art Patronage, Family, and Gender in Renaissance Florence

Art Patronage, Family, and Gender in Renaissance Florence PDF Author: Maria DePrano
Publisher:
ISBN: 1108416055
Category : Art
Languages : en
Pages : 453

Book Description
This book examines a Renaissance Florentine family's art patronage, even for women, inspired by literature, music, love, loss, and religion.

The Rise and Fall of the House of Medici

The Rise and Fall of the House of Medici PDF Author: Christopher Hibbert
Publisher: Penguin UK
ISBN: 0141927143
Category : History
Languages : en
Pages : 368

Book Description
At its height Renaissance Florence was a centre of enormous wealth, power and influence. A republican city-state funded by trade and banking, its often bloody political scene was dominated by rich mercantile families, the most famous of which were the Medici. This enthralling book charts the family’s huge influence on the political, economic and cultural history of Florence. Beginning in the early 1430s with the rise of the dynasty under the near-legendary Cosimo de Medici, it moves through their golden era as patrons of some of the most remarkable artists and architects of the Renaissance, to the era of the Medici Popes and Grand Dukes, Florence’s slide into decay and bankruptcy, and the end, in 1737, of the Medici line.