The Economy Of Renaissance Italy

Drawing on a wide range of literature and adopting a macroeconomic approach, this book provides a comprehensive overview of the Italian economy during the Renaissance, focusing on the period between 1348, the year of the Black Death, and 1630. The Italian Renaissance played a crucial role in the formation of the modern world, with developments in culture, art, politics, philosophy, and science sitting alongside, and overlapping with, significant changes in production, forms of organization, trades, finance, agriculture, and population. Yet, it is usually argued that splendour in culture coexisted with economic depression and that the modernity of Renaissance culture coincided with an epoch of epidemics, famines, economic crisis, poverty, and destitution. This book examines both faces of the Italian economy during the Renaissance, showing that capital per worker was plentiful and productive capacity and incomes were relatively high. The endemic presence of the plague, curbing population growth, played an important role in this. It is also shown that the organization of production in industry and finance, consumerism, human capital, and mercantile rationality were the forerunners of modern-day capitalism. This book is an invaluable resource for scholars and students of the Renaissance and Italian economic history.

Winner, 2010 Phyllis Goodhart Gordan Book Prize, the Renaissance Society of America2009 Outstanding Academic Title, ChoiceHonorable Mention, Economics, 2009 PROSE Awards, Professional and Scholarly Publishing division of the Association of American Publishers Richard A. Goldthwaite, a leading economic historian of the Italian Renaissance, has spent his career studying the Florentine economy. In this magisterial work, Goldthwaite brings together a lifetime of research and insight on the subject, clarifying and explaining the complex workings of Florence’s commercial, banking, and artisan sectors. Florence was one of the most industrialized cities in medieval Europe, thanks to its thriving textile industries. The importation of raw materials and the exportation of finished cloth necessitated the creation of commercial and banking practices that extended far beyond Florence’s boundaries. Part I situates Florence within this wider international context and describes the commercial and banking networks through which the city's merchant-bankers operated. Part II focuses on the urban economy of Florence itself, including various industries, merchants, artisans, and investors. It also evaluates the role of government in the economy, the relationship of the urban economy to the region, and the distribution of wealth throughout the society. While political, social, and cultural histories of Florence abound, none focuses solely on the economic history of the city. The Economy of Renaissance Florence offers both a systematic description of the city's major economic activities and a comprehensive overview of its economic development from the late Middle Ages through the Renaissance to 1600.

This book is the first to provide English readers with a brief and comprehensive survey of economic life in Italy during the period of its greatest splendour: the Middle Ages and Renaissance. The wealth of Renaissance Italy was the product of centuries of growth, and the great Renaissance cities, Venice, Milan and Florence, were first and foremost centres of international trade, which taught the rest of Europe the rudiments of modern business techniques. In a masterly synthesis, based upon a lifetime of study and research, Professor Gino Luzzatto, the greatest of living Italian historians, describes the main changes in Italian economic conditions from the end of the Roman Empire, when Italy ceased to be the centre of a European state, to the end of the Middle Ages when Italy lost the leadership of European trade and banking. The narrative chapters, which deal with barbarian Italy, feudal Italy and Italy in the age of the communes, are followed by a valuable analysis of medieval agriculture, industry, commerce and finance, in her principal Italian states. The range of discussion is wide and offers an excellent introduction to the economic history not only of Italy but of the whole Mediterranean region. This classic text was first published in 1961.

Harry A. Miskimin examines the economic structure of early Renaissance Europe in 1300-1460.

Italy faced a number of catastrophes in the long sixteenth century. This economic and demographic history follows the consequences of these catastrophes - the action of the Horsemen of the Apocalypse - War, Famine and Plague, all followed by Death.

Wealth and the Demand for Art in Italy represents a departure from previous studies, both in its focus on demand and in its emphasis on the history of the material culture of the West. By demonstrating that the roots of modern consumer society can be found in Renaissance Italy, Richard Goldthwaite offers a significant contribution to the growing body of literature on the history of modern consumerism--a movement which he regards as a positive force for the formation of new attitudes about things that is a defining characteristic of modern culture.

"In this volume, Lauren Jacobi explores some of the repercussions of early capitalism through a study of the location and types of spaces that were used for banking and minting in Florence and other mercantile centers in Europe"--