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The Economy of Renaissance Florence, by Richard A. Goldthwaite
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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.
- Sales Rank: #1057303 in eBooks
- Published on: 2009-02-13
- Released on: 2009-02-13
- Format: Kindle eBook
Review
Renaissance Florence has no more able defender in recent times than Professor Richard Goldthwaite.
(Washington Post Book World)
Richard Goldthwaite has served a long apprenticeship. As a dedicated student of the economy of Florence between the 13th and 16th centuries, he has published studies of the city's buildings and banks, its private wealth and the demand for its art. Now he has stood back and produced a magisterial history which brings all the strands of the story together and becomes, among its other virtues, a persuasive account of early capitalism.
(Economist)
Johns Hopkins University Press deserves praise for having so ably edited and published such a big book in this age of contraction and cost-cutting. It and the author have given us one of the most important books in Renaissance history to have appeared in many years: not simply a long-needed synthesis but a stimulating, insightful work that will guide research for a long time to come.
(Robert S. DuPlessis Renaissance Quarterly)
This book marks a crowning achievement of a distinguished academic career, and it achieves both authority in its exposition and modesty in its tone. An essential read for scholars interested in the study of Florence, and historical economics.
(Nicola Jones H-Italy, H-Net Reviews)
It is hard to do justice to so large, complex, and informative a work. A synthesis of the Florentine economy is a monumental undertaking. Goldthwaite offers a compelling image, which, like all such images, will draw its critics and admirers and set the parameters of the field for decades.
(Thomas Kuehn Journal of Modern History)
Masterful. So thorough, so inclusive, and so wide-ranging that its omission from the bibliography of on any future study on the Italian Renaissance will be a noticeable oversight.
(Brian Maxson Canadian Journal of History)
A highly readable, lashivly detailed study that much become essential reading.
(Nicholas Scott Baker European History Quarterly)
An important model that will be impossible for any future student of Florence's economic history to ignore.
(Franca R. Barricelli Journal of World History)
This book is essential reading not only for economic historians... but also for historians of Renaissance Florence generally. The Economy of Renaissance Florence will remain an indispensable point of reference and departure for research in the field for decades to come.
(Lawrin Armstrong Renaissance and Reformation)
Few people who know so much write so attractively as [Goldthwaite]. Take him as a model.
(Chronique)
From the Back Cover
Winner, Phyllis Goodhart Gordan Book Prize, the Renaissance Society of America
Outstanding Academic Title, Choice magazine
Honorable Mention, Economics, 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.
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.
"Renaissance Florence has no more able defender in recent times than Professor Richard Goldthwaite."— Washington Post Book World
"Richard Goldthwaite has served a long apprenticeship. As a dedicated student of the economy of Florence between the 13th and 16th centuries, he has published studies of the city's buildings and banks, its private wealth and the demand for its art. Now he has stood back and produced a magisterial history which brings all the strands of the story together and becomes, among its other virtues, a persuasive account of early capitalism."— The Economist
"This book marks a crowning achievement of a distinguished academic career, and it achieves both authority in its exposition and modesty in its tone. An essential read for scholars interested in the study of Florence, and historical economics."— H-Italy, H-Net Reviews
About the Author
Richard A. Goldthwaite is professor emeritus of history at the Johns Hopkins University. He is the author of The Building of Renaissance Florence: An Economic and Social History and Wealth and the Demand for Art in Italy, 1300–1600, both also published by Johns Hopkins.
Most helpful customer reviews
11 of 12 people found the following review helpful.
Outstanding Scholarship; 4.5 Stars
By R. Albin
A comprehensive examination of the Florentine economy across about 4 centuries, including both Medieval and Renaissance Florence. This topic is of particular interest because Florence played an important role in the economic history of Europe and also because the richness of surviving documentation provides more information about the economic history of Florence than any other European city during these periods. The basic outline is relatively straightforward. Situated in one of the most heavily urbanized parts of western Europe, Florence began to flourish as part of the commercial revolution that occurred in Medieval Europe. Florence became a leading industrial center producing woolen cloth and later silk fabrics, participating in a broad trade across western Europe and the Mediterranean. The expanding Florentine trade network led the entrepreneurial Florentines into a range of mercantile and banking activities across Europe, including major provision of credit to many monarchs and the Papacy. For a substantial period, Florence was a major economic power in Europe. By about 1600, the growth of the European economy and the vigor of other regions, particularly the Netherlands and Britain, led to a relative decline in the importance of the Florentine economy and Florence became a provincial center.
Motivated by a desire to explore as many facets of the Florentine economy as possible, and as deeply as possible, Goldthwaite does not use a chronological approach. He presents a series of well written and extremely well documented chapters addressing a series of crucial topics. He opens with an overview of Italian and European economic development, emphasizing Florence, to about 1300. By this time, the Florentines were established well on the European economic scene. Goldthwaite then presents a series of chapters covering international merchant banking, the shifts in trading patterns across the Medieval through Renaissance periods, the mechanics of banking and government financing, the structure and function of the Florentine industrial and local economy, and a good deal of relevant social history.
There is some overlap among chapters and, inevitably, some repetition. Goldthwaite, however, is very successful in conveying the richness of economic activity in and the dynamism of Renaissance Florence. While this book is not organized as a chronological narrative, he also gives a very good sense of the many changes that occurred in the structure of the European economy across the centuries he is discussing. Goldthwaite is very careful not to present Florance as paradigmatic and when possible, offers comparisons with other cities and states of these periods. The cumulative effect is to provide a great deal of insight the nature and changing character of the European economy of Medieval and Early Modern Europe.
While this book is factually fairly dense, it is well written and Goldthwaite is careful to avoid use of economic jargon. He is careful as well to point out where deficiencies in knowledge exist. This book, however, is written with a scholarly audience in mind, and to get the most out of it, a reasonably good knowledge of Medieval and Renaissance history in needed.
1 of 1 people found the following review helpful.
Amazing ... Has a lot of applicability
By Amazon Customer
This had a lot of application in how industry can change give global stress on a local system. I really enjoyed the book and found it very readable, even though I I only read a few popular books on the subject. I did get the kindle version, but this book is so excellent that I will get a physical version and start marking it.
1 of 1 people found the following review helpful.
thé reference in the field
By cc
this book is the point of reference about economics in Florence and beyond, and will stay that for many years, not only for economic historians, but for everybody who deals with markets in one way or another
See all 4 customer reviews...
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