Best The Rise and Decline of the Medici Bank, 1397-1494 By Prof. Raymond de Roover
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Ebook About 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 ReviewBook The Rise and Decline of the Medici Bank, 1397-1494 Review :
I've tried retrace the bank's history on my own and failed miserably quite often. But this book gave me the insight I needed in a full thesis like format. The best thing were the references, which assured me of clarity and objectivity(which I also checked against my own findings). No other book clearly defines the system and structure of the bank and the economy that it operated in like this one(coz there is literally no other book).In my terms, this book looses one star for one good reason. The fall of the bank and it's rise as well was partly due to the involvement of the Medici in Florine, Tuscan and Papal politics. I would suggest that the author incorporate significant aspects of the political decisions affecting the bank and the lives of it's partners, as there are some occasions in the book where petty political conclusions like exile are mentioned, whereas their reason is not. This in my terms would affect badly for a reader who knows nothing of Italian renaissance politics. This was truly a life-changing book for me when I read it 25-30 years ago. Up til then I had thought of myself as a kind of Bohemian, more interested in the arts and "higher things" than anything like business. At the time I was a penniless freelance writer, working in a library job that bored me. I was attracted to the book by the Renaissance Italy theme, but what I found was quite a revelation.The Medici engaged in some of the same sorts of sophisticated financial transactions that people use today -- including currency arbitrage and venture capital. But since the objects of the transactions were very concrete, physical things (coins, precious stones, etc.), it's easy to get a good understanding of what they were doing. That's how I got interested in business, and ultimately into a career as a corporate lawyer and venture capitalist.I also learned that many of the familiar masterpieces of Renaissance painting in museums around the world had been commissioned by branch managers of the Medici Bank. When the Medici found out that one of their managers had commissioned a painting, they figured his head had gotten too big, and they fired him. Very entertaining history! Read Online The Rise and Decline of the Medici Bank, 1397-1494 Download The Rise and Decline of the Medici Bank, 1397-1494 The Rise and Decline of the Medici Bank, 1397-1494 PDF The Rise and Decline of the Medici Bank, 1397-1494 Mobi Free Reading The Rise and Decline of the Medici Bank, 1397-1494 Download Free Pdf The Rise and Decline of the Medici Bank, 1397-1494 PDF Online The Rise and Decline of the Medici Bank, 1397-1494 Mobi Online The Rise and Decline of the Medici Bank, 1397-1494 Reading Online The Rise and Decline of the Medici Bank, 1397-1494 Read Online Prof. Raymond de Roover Download Prof. Raymond de Roover Prof. Raymond de Roover PDF Prof. Raymond de Roover Mobi Free Reading Prof. Raymond de Roover Download Free Pdf Prof. Raymond de Roover PDF Online Prof. Raymond de Roover Mobi Online Prof. Raymond de Roover Reading Online Prof. Raymond de RooverDownload PDF Protection & Reversal Magick: A Witch's Defense Manual (Beyond 101) By Jason Miller
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