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The Venetian Money Market - Banks, Panics, and the Public Debt, 1200-1500 (Paperback)
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The Venetian Money Market - Banks, Panics, and the Public Debt, 1200-1500 (Paperback)
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The long awaited conclusion to the magisterial Money and Banking in
Medieval and Renaissance Venice. Originally published in 1997. In
1985 Frederic C. Lane and Reinhold C. Mueller published the
magisterial Money and Banking in Medieval and Renaissance Venice,
volume 1: Coins and Moneys of Account. Now, after ten years of
further research and writing, Reinhold Mueller completes the work
that he and the late Frederic Lane began. The history of money and
banking in Venice is crucial to an understanding of European
economic history. Because of its strategic location between East
and West, Venice rapidly rose to a position of preeminence in
Mediterranean trade. To keep trade moving from London to
Constantinople and beyond, Venetian merchants and bankers created
specialized financial institutions to serve private entrepreneurs
and public administrators: deposit banks, foreign exchange banks, a
grain office, and a bureau of the public debt. This new book
clarifies Venice's pivotal role in Italian and international
banking and finance. It also sets banking—and panics—in the
context of more generalized and recurrent crises involving
territorial wars, competition for markets, and debates over
interest rates and the question of usury.
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