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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...
Author
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English
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...
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