The Coins of Venice by Peter E
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Merchants and the Origins of Capitalism
Merchants and the Origins of Capitalism Sophus A. Reinert Robert Fredona Working Paper 18-021 Merchants and the Origins of Capitalism Sophus A. Reinert Harvard Business School Robert Fredona Harvard Business School Working Paper 18-021 Copyright © 2017 by Sophus A. Reinert and Robert Fredona Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Merchants and the Origins of Capitalism Sophus A. Reinert and Robert Fredona ABSTRACT: N.S.B. Gras, the father of Business History in the United States, argued that the era of mercantile capitalism was defined by the figure of the “sedentary merchant,” who managed his business from home, using correspondence and intermediaries, in contrast to the earlier “traveling merchant,” who accompanied his own goods to trade fairs. Taking this concept as its point of departure, this essay focuses on the predominantly Italian merchants who controlled the long‐distance East‐West trade of the Mediterranean during the Middle Ages and Renaissance. Until the opening of the Atlantic trade, the Mediterranean was Europe’s most important commercial zone and its trade enriched European civilization and its merchants developed the most important premodern mercantile innovations, from maritime insurance contracts and partnership agreements to the bill of exchange and double‐entry bookkeeping. Emerging from literate and numerate cultures, these merchants left behind an abundance of records that allows us to understand how their companies, especially the largest of them, were organized and managed. -
Caterina Corner in Venetian History and Iconography Holly Hurlburt
Early Modern Women: An Interdisciplinary Journal 2009, vol. 4 Body of Empire: Caterina Corner in Venetian History and Iconography Holly Hurlburt n 1578, a committee of government officials and monk and historian IGirolamo Bardi planned a program of redecoration for the Sala del Maggior Consiglio (Great Council Hall) and the adjoining Scrutinio, among the largest and most important rooms in the Venetian Doge’s Palace. Completed, the schema would recount Venetian history in terms of its international stature, its victories, and particularly its conquests; by the sixteenth century Venice had created a sizable maritime empire that stretched across the eastern Mediterranean, to which it added considerable holdings on the Italian mainland.1 Yet what many Venetians regarded as the jewel of its empire, the island of Cyprus, was calamitously lost to the Ottoman Turks in 1571, three years before the first of two fires that would necessitate the redecoration of these civic spaces.2 Anxiety about such a loss, fear of future threats, concern for Venice’s place in evolving geopolitics, and nostalgia for the past prompted the creation of this triumphant pro- gram, which featured thirty-five historical scenes on the walls surmounted by a chronological series of ducal portraits. Complementing these were twenty-one large narratives on the ceiling, flanked by smaller depictions of the city’s feats spanning the previous seven hundred years. The program culminated in the Maggior Consiglio, with Tintoretto’s massive Paradise on one wall and, on the ceiling, three depictions of allegorical Venice in triumph by Tintoretto, Veronese, and Palma il Giovane. These rooms, a center of republican authority, became a showcase for the skills of these and other artists, whose history paintings in particular underscore the deeds of men: clothed, in armor, partially nude, frontal and foreshortened, 61 62 EMWJ 2009, vol. -
The Coinage of Akragas C
ACTA UNIVERSITATIS UPSALIENSIS Studia Numismatica Upsaliensia 6:1 STUDIA NUMISMATICA UPSALIENSIA 6:1 The Coinage of Akragas c. 510–406 BC Text and Plates ULLA WESTERMARK I STUDIA NUMISMATICA UPSALIENSIA Editors: Harald Nilsson, Hendrik Mäkeler and Ragnar Hedlund 1. Uppsala University Coin Cabinet. Anglo-Saxon and later British Coins. By Elsa Lindberger. 2006. 2. Münzkabinett der Universität Uppsala. Deutsche Münzen der Wikingerzeit sowie des hohen und späten Mittelalters. By Peter Berghaus and Hendrik Mäkeler. 2006. 3. Uppsala universitets myntkabinett. Svenska vikingatida och medeltida mynt präglade på fastlandet. By Jonas Rundberg and Kjell Holmberg. 2008. 4. Opus mixtum. Uppsatser kring Uppsala universitets myntkabinett. 2009. 5. ”…achieved nothing worthy of memory”. Coinage and authority in the Roman empire c. AD 260–295. By Ragnar Hedlund. 2008. 6:1–2. The Coinage of Akragas c. 510–406 BC. By Ulla Westermark. 2018 7. Musik på medaljer, mynt och jetonger i Nils Uno Fornanders samling. By Eva Wiséhn. 2015. 8. Erik Wallers samling av medicinhistoriska medaljer. By Harald Nilsson. 2013. © Ulla Westermark, 2018 Database right Uppsala University ISSN 1652-7232 ISBN 978-91-513-0269-0 urn:nbn:se:uu:diva-345876 (http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-345876) Typeset in Times New Roman by Elin Klingstedt and Magnus Wijk, Uppsala Printed in Sweden on acid-free paper by DanagårdLiTHO AB, Ödeshög 2018 Distributor: Uppsala University Library, Box 510, SE-751 20 Uppsala www.uu.se, [email protected] The publication of this volume has been assisted by generous grants from Uppsala University, Uppsala Sven Svenssons stiftelse för numismatik, Stockholm Gunnar Ekströms stiftelse för numismatisk forskning, Stockholm Faith and Fred Sandstrom, Haverford, PA, USA CONTENTS FOREWORDS ......................................................................................... -
Debt Policy Under Constraints: Philip II, the Cortes, and Genoese Bankers1 by CARLOS ÁLVAREZ-NOGAL and CHRISTOPHE CHAMLEY*
bs_bs_banner Economic History Review (2013) Debt policy under constraints: Philip II, the Cortes, and Genoese bankers1 By CARLOS ÁLVAREZ-NOGAL and CHRISTOPHE CHAMLEY* Under Philip II, Castile was the first country with a large nation-wide domestic public debt. A new view of that fiscal system is presented that is potentially relevant for other fiscal systems in Europe before 1800. The credibility of the debt, mostly in perpetual redeemable annuities, was enhanced by decentralized funding through taxes administered by cities making up the Realm in the Cortes.The accumulation of short-term debt depended on refinancing through long-term debt. Financial crises in the short-term debt occurred when the service of the long-term debt reached the revenues of its servicing taxes. They were not caused by liquidity crises and were resolved after protracted negotiations in the Cortes by tax increases and interest rate reductions. ing Philip II, as head of the first modern super-power, managed a budget on Ka scale that had not been seen since the height of the Roman Empire.2 No state before had faced such extraordinary fluctuations and imbalances, both in revenue and expenditure. Large military expenses were required by the politics of Europe and the revolution in military technology. The variability in both revenue and expenses, coupled with a large foreign component, was met by large public borrowings up to modern levels, a historical innovation that, in later centuries, would be followed by the Netherlands, France, and England. Like eighteenth- century England, Castile (about 80 per cent of modern-day Spain) established its military supremacy through its superior ability to mobilize large resources through borrowing. -
Europa E Italia. Studi in Onore Di Giorgio Chittolini
21 CORE VENICE AND THE VENETO Metadata, citation and similar papers at core.ac.uk Provided by Reti Medievali Open Archive DURING THE RENAISSANCE THE LEGACY OF BENJAMIN KOHL Edited by Michael Knapton, John E. Law, Alison A. Smith thE LEgAcy of BEnJAMin KohL BEnJAMin of LEgAcy thE rEnAiSSAncE thE during VEnEto thE And VEnicE Smith A. Alison Law, E. John Knapton, Michael by Edited Benjamin G. Kohl (1938-2010) taught at Vassar College from 1966 till his retirement as Andrew W. Mellon Professor of the Humanities in 2001. His doctoral research at The Johns Hopkins University was directed by VEnicE And thE VEnEto Frederic C. Lane, and his principal historical interests focused on northern Italy during the Renaissance, especially on Padua and Venice. during thE rEnAiSSAncE His scholarly production includes the volumes Padua under the Carrara, 1318-1405 (1998), and Culture and Politics in Early Renaissance Padua thE LEgAcy of BEnJAMin KohL (2001), and the online database The Rulers of Venice, 1332-1524 (2009). The database is eloquent testimony of his priority attention to historical sources and to their accessibility, and also of his enthusiasm for collaboration and sharing among scholars. Michael Knapton teaches history at Udine University. Starting from Padua in the fifteenth century, his research interests have expanded towards more general coverage of Venetian history c. 1300-1797, though focusing primarily on the Terraferma state. John E. Law teaches history at Swansea University, and has also long served the Society for Renaissance Studies. Research on fifteenth- century Verona was the first step towards broad scholarly investigation of Renaissance Italy, including its historiography. -
“Safe from Destruction by Fire” Isabella Stewart Gardner’S Venetian Manuscripts
“Safe from Destruction by Fire” Isabella Stewart Gardner’s Venetian Manuscripts Anne- Marie Eze Houghton Library, Harvard University ver a decade ago the exhibition Gondola Days: Isabella Stewart Gardner and the Palazzo Barbaro Circle explored the rich Pan- OEuropean and American expatriate culture that fl ourished in Venice at the end of the nineteenth century and inspired Isabella Stewart Gardner (1840–1924) to create a museum in Boston as a temple to Venetian art and architecture (fi g. 1). On this occasion, attention was drawn for the fi rst time to the museum’s holdings of Venetian manuscripts, and it was observed that in her day Gardner had been the only prominent American collector of manuscripts to focus on Venice.1 The Isabella Stewart Gardner Museum’s collection of Venetian manuscripts comprises more than thirty items, spanning the fi eenth to eighteenth centuries. The collections can be divided into four broad categories: offi cial documents issued by the Doges; histories of the Most Serene Republic of Venice—called the “Sereni- ssima”—its government, and its patriciate; diplomas; and a statute book of 1 Helena Szépe, “Isabella Stewart Gardner’s Venetian Manuscripts,” in Gondola Days: Isa- bella Stewart Gardner and the Palazzo Barbaro Circle, ed. Elizabeth Anne McCauley, Alan Chong, Rosella Mamoli Zorzi, and Richard Lingner (Boston: Isabella Stewart Gardner Museum, 2004), 233–3⒌ 190 | Journal for Manuscript Studies Figure 1. Veronese Room, Isabella Stewart Gardner Museum, Boston. a lay con aternity.2 Most of the manuscripts contain complete and dated texts, are illuminated, and survive in their original bindings. The Gardner’s collection not only charts the evolution over three centuries of Venetian book production, but also provides a wealth of sources for the study of the history, portraiture, iconography, genealogy, and heraldry of the Republic of Venice. -
Coin Strategy
CASE HISTORY COIN 1 COIN: one hundred years of history • 1916 Vittorio Coin starts the Gruppo Coin activities • 1926 First Coin Store (Mirano, Venice) • 1965 Coin P.za 5 Giornate opens (Milan) • 1972 First “Organizzazione Vendite Speciali” (Oviesse) store • 1986 Coin is the first retailer to develop a fidelity card program in Italy • 1995 Oviesse become an apparel retailer • 1998 Acquisition of La Standa • 1999 Listing of Gruppo Coin on the Milan Stock Exchange • 2005 PAI equity fund becomes Gruppo Coin majority shareholder • 2008 Acquisition of Melablu • 2010 Acquisition of UPIM • 2011 BC Partners becomes Gruppo Coin majority shareholder • 2011 Excelsior opens in Milan • 2012 Acquisition of IANA • 2013 Excelsior opens in Verona • 2014 Coin Excelsior opens in Rome 2 Coin in a snapshot Established in 1926, Coin is the largest Italian department store €413,2 m net sales in 2014 77 stores in Italy and 20 abroad, located downtown in the most important Italian cities and shopping areas Portfolio of 800 brands 46 million visitors every year 21,6 million items sold and 12 million receipts 3 Where we come from: Net Sales and Sqm building 2008–2010–2012 TOTAL CATEGORY (Beauty and Home not included) ● NET SALES 2008 2010 2012 11% 35% 33% hb 41% 50% 32% ws 57% concession 17% 24% NET SALES (€/1000): 232.935 NET SALES (€/1000): 273.814 NET SALES (€/1000): 276.158 ● SQM BUILDING 2008 2010 2012 8% 26% 35% hb 31% 43% ws 48% concession 61% 26% 22% SQM: 74.100 SQM: 82.010 SQM: 91.335 4 Where we come from: Trend 2007-2011 Ebitda trend (2007 – 2011 ) is positive -
The Istanbul Memories in Salomea Pilsztynowa's Diary
Memoria. Fontes minores ad Historiam Imperii Ottomanici pertinentes Volume 2 Paulina D. Dominik (Ed.) The Istanbul Memories in Salomea Pilsztynowa’s Diary »Echo of the Journey and Adventures of My Life« (1760) With an introduction by Stanisław Roszak Memoria. Fontes minores ad Historiam Imperii Ottomanici pertinentes Edited by Richard Wittmann Memoria. Fontes Minores ad Historiam Imperii Ottomanici Pertinentes Volume 2 Paulina D. Dominik (Ed.): The Istanbul Memories in Salomea Pilsztynowa’s Diary »Echo of the Journey and Adventures of My Life« (1760) With an introduction by Stanisław Roszak © Max Weber Stiftung – Deutsche Geisteswissenschaftliche Institute im Ausland, Bonn 2017 Redaktion: Orient-Institut Istanbul Reihenherausgeber: Richard Wittmann Typeset & Layout: Ioni Laibarös, Berlin Memoria (Print): ISSN 2364-5989 Memoria (Internet): ISSN 2364-5997 Photos on the title page and in the volume are from Regina Salomea Pilsztynowa’s memoir »Echo of the Journey and Adventures of My Life« (Echo na świat podane procederu podróży i życia mego awantur), compiled in 1760, © Czartoryski Library, Krakow. Editor’s Preface From the Polish-Lithuanian Commonwealth to Istanbul: A female doctor in the eighteenth-century Ottoman capital Diplomatic relations between the Ottoman Empire and the Polish-Lithuanian Com- monwealth go back to the first quarter of the fifteenth century. While the mutual con- tacts were characterized by exchange and cooperation interrupted by periods of war, particularly in the seventeenth century, the Treaty of Karlowitz (1699) marked a new stage in the history of Ottoman-Polish relations. In the light of the common Russian danger Poland made efforts to gain Ottoman political support to secure its integrity. The leading Polish Orientalist Jan Reychman (1910-1975) in his seminal work The Pol- ish Life in Istanbul in the Eighteenth Century (»Życie polskie w Stambule w XVIII wieku«, 1959) argues that the eighteenth century brought to life a Polish community in the Ottoman capital. -
Reinhold C. Mueller
Reinhold C. Mueller Aspects of Venetian Sovereignty in Medieval and Renaissance Dalmatia [A stampa in Quattrocento Adriatico , Fifteenth Century Art of the Adriatic Rim , Papers from a colloquium, Florence, 1994, edited by Charles Dempsey (Villa Spelman Colloquia Series, 5), Bologna, Nuova Alfa Editoriale, 1996, pp. 29-56 – Distribuito in formato digitale da “Reti Medievali”] The reader is forewarned that this paper, which maintains the character of the original oral presentation, makes no attempt at covering completely such a vast subject, on which there is an extensive bibliography - much of it in Serbo-Croatian, a language I do not know. My intent is simply to offer for discussion some little-exploited historical materials on well-known themes that exemplify contacts between the two coasts of the Adriatic Sea, especially - but not only - during the Quattrocento. Following an overview of the history of Venetian sovereignty in that part of the Stato da mar, attention will turn to aspects of politics and society, that is, to the political, financial and monetary administration of the subject territories and to the movement of people and peoples across the Adriatic. I. AN OVERVIEW OF HISTORY AND MYTH Venetian efforts at domination of the eastern Adriatic can be said to have begun in the year 1000, with the naval expedition commanded personally by doge Pietro II Orseolo, which put an end to the activity of pirates installed at the mouth of the Narenta River and first avowed control over the Adriatic as the “Gulf of Venice.” Lordship over the Adriatic was central to Venetian historiography and mythology over the centuries: from the supposed papal grant of lordship at the peace of 1177 with Barbarossa and the ceremony each Ascension day of the doge wedding the sea, to invocations of Jove and Neptune - all depicted as part of a political program in the redecoration of the Ducal Palace after the fire of 1577 As late as the eighteenth century, Tiepolo still represented Neptune and the sea as the source of Venice’s wealth, when that was already history. -
Procession in Renaissance Venice Effect of Ritual Procession on the Built Environment and the Citizens of Venice
Procession in Renaissance Venice Effect of Ritual Procession on the Built Environment and the Citizens of Venice Figure 1 | Antonio Joli, Procession in the Courtyard of the Ducal Palace, Venice, 1742. Oil on Canvas. National Gallery of Art Reproduced from National Gallery of Art, http://www.nga.gov/content/ngaweb/Collection/art-object-page.32586.html Shreya Ghoshal Renaissance Architecture May 7, 2016 EXCERPT: RENAISSANCE ARCH RESEARCH PAPER 1 Excerpt from Procession in Renaissance Venice For Venetians, the miraculous rediscovery of Saint Mark’s body brought not only the reestablishment of a bond between the city and the Saint, but also a bond between the city’s residents, both by way of ritual procession.1 After his body’s recovery from Alexandria in 828 AD, Saint Mark’s influence on Venice became evident in the renaming of sacred and political spaces and rising participation in ritual processions by all citizens.2 Venetian society embraced Saint Mark as a cause for a fresh start, especially during the Renaissance period; a new style of architecture was established to better suit the extravagance of ritual processions celebrating the Saint. Saint Mark soon displaced all other saints as Venice’s symbol of independence and unity. Figure 2 | Detailed Map of Venice Reproduced from TourVideos, http://www.lahistoriaconmapas.com/atlas/italy-map/italy-map-venice.htm 1 Edward Muir, Civic Ritual in Renaissance Venice (Princeton, NJ: Princeton University Press, 1981), 87. 2 Muir, Civic Ritual, 80-81. EXCERPT: RENAISSANCE ARCH RESEARCH PAPER 2 The Renaissance period in Venice, lasting through the Quattrocento and Cinquecento, was significant because of the city’s maintenance of civic peace; this was achieved in large part by the rise in number and importance of processional routes by the Doges, the elected leaders of the Republic.3 Venice proved their commitment to these processions by creating a grander urban fabric. -
VENICE Grant Allen's Historical Guides
GR KS ^.At ENICE W VENICE Grant Allen's Historical Guides // is proposed to issue the Guides of this Series in the following order :— Paris, Florence, Cities of Belgium, Venice, Munich, Cities of North Italy (Milan, Verona, Padua, Bologna, Ravenna), Dresden (with Nuremberg, etc.), Rome (Pagan and Christian), Cities of Northern France (Rouen, Amiens, Blois, Tours, Orleans). The following arc now ready:— PARIS. FLORENCE. CITIES OF BELGIUM. VENICE. Fcap. 8vo, price 3s. 6d. each net. Bound in Green Cloth with rounded corners to slip into the pocket. THE TIMES.—" Good work in the way of showing students the right manner of approaching the history of a great city. These useful little volumes." THE SCOTSMAN "Those who travel for the sake of culture will be well catered for in Mr. Grant Allen's new series of historical guides. There are few more satisfactory books for a student who wishes to dig out the Paris of the past from the im- mense superincumbent mass of coffee-houses, kiosks, fashionable hotels, and other temples of civilisation, beneath which it is now submerged. Florence is more easily dug up, as you have only to go into the picture galleries, or into the churches or museums, whither Mr. Allen's^ guide accordingly conducts you, and tells you what to look at if you want to understand the art treasures of the city. The books, in a word, explain rather than describe. Such books are wanted nowadays. The more sober- minded among tourists will be grateful to him for the skill with which the new series promises to minister to their needs." GRANT RICHARDS 9 Henrietta St. -
Venetian Foreign Affairs from 1250 to 1381: the Wars with Genoa and Other External Developments
Venetian Foreign Affairs from 1250 to 1381: The Wars with Genoa and Other External Developments By Mark R. Filip for the Degree of Bachelor of Arts in History College of Liberal Arts and Sciences University of Illinois Urbana, Illinois 1988 Table of Contents Major Topics page Introduction 1 The First and Second Genoese Wars 2 Renewed Hostilities at Ferrara 16 Tiepolo's Attempt at Revolution 22 A New Era of Commercial Growth 25 Government in Territories of the Republic 35 The Black Death and Third ' < 'ioese War 38 Portolungo 55 A Second Attempt at Rcvoiut.on 58 Doge Gradenigo and Peace with Genoa 64 Problems in Hungary and Crete 67 The Beginning of the Contarini Dogcship 77 Emperor Paleologus and the War of Chioggia 87 The Battle of Pola 94 Venetian Defensive Successes 103 Zeno and the Venetian Victory 105 Conclusion 109 Endnotes 113 Annotated Bibliography 121 1 Introduction In the years preceding the War of Chioggia, Venetian foreign affairs were dominated by conflicts with Genoa. Throughout the thirteenth and fourteenth centuries, the two powers often clashed in open hostilities. This antagonism between the cities lasted for ten generations, and has been compared to the earlier rivalry between Rome and Carthage. Like the struggle between the two ancient powers, the Venetian/Gcnoan hatred stemmed from their competitive relationship in maritime trade. Unlike land-based rivals, sea powers cannot be separated by any natural boundary or agree to observe any territorial spheres of influence. Trade with the Levant, a source of great wealth and prosperity for each of the cities, required Venice and Genoa to come into repeated conflict in ports such as Chios, Lajazzo, Acre, and Tyre.