The Jewish community in Rome is the oldest in Europe, the only one
to have existed continuously for over 2,000 years. This detailed
study of the Jewish banking community in Italy is therefore of
special value and interest. Poliakov's classic account of the rise
and fall of the Jewish bankers is at the same time the story of
medieval finance in general, its decline, and the birth of 'modern'
finance. The author traces the economic and theological implication
of each stage in the ambiguous relationship that developed between
the Jewish money trade and the Holy See. He shows that the
protection enjoyed by the Jews from the Holy See had not only
theological, but also economic roots. The study ends with an
account of the introduction of modern, 'capitalist' techniques and
of the consequent inevitable decline of the Jewish money trade.
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