Money and banking in Medieval and Renaissance Venice. Volume I, Coins and moneys of account / Frederic Chapin Lane, Reinhold C. Mueller.

Format:

Book

Author/Creator:

Lane, Frederic Chapin, 1900-1984, author.

Mueller, Reinhold C., author.

Language:

English

Subjects (All):

Banks and banking.

Physical Description:

1 online resource (670 pages) : illustrations

Edition:

1st ed.

Other Title:

Money and Banking in Medieval and Renaissance Venice

Place of Publication:

Johns Hopkins University Press 2020

Baltimore : Johns Hopkins University Press, [2019]

Language Note:

English

Summary:

Originally published in 1985. Frederic C. Lane and Reinhold C. Mueller, in the first volume of Money and Banking in Medieval and Renaissance Venice, discuss Venice's economic achievement in terms of the complex system the city's inhabitants developed to manage moneys of account and coins. Money merchants of Venice developed a system whereby a premium attached to moneys of account acted as a stabilizing force and allowed merchants to engage in long-term trade. This system, according to the authors, helped establish Venice as a dominant city-state in international trade and exchange. This book outlines the development and success of this system through 1508. At the time it was first published, this book made a significant contribution to the history of money and economics by underscoring the large role that Venice played in the economic history of the West and the ascendance of capitalism as a structuring force of society.

Contents:

Cover

Copyright

Contents

List of Illustrations

List of Tables

Preface

List of Abbreviations

Part I. The Background

1. What Money Is and Was

i. Some Economists' Answers

ii. Money of Account and Trimetallic Coinage

iii. Medieval Monetary Doctrines

2. Seigniorage and International Flows of Silver and Gold

i. Seigniorage

ii. Exports and Imports of Bullion and Coin

iii. Effects of Mint Charges

3. Recoinage: Revaluations and Devaluations

i. Reasons for Recoinage

ii. Alternatives in Recoinage and Gresham 's Law

iii. Vocabulary

4. Bimetallism and Multiple Monetary Standards

i. Meanings of Bimetallism

ii. The Instability of a Bimetallic Standard

iii. Alternatives to a Bimetallic Standard

5. Metallic Values and Exchange Values

i. Metallic Equivalents and Link Coins

ii. New Links for Moneys of Account

iii. Habit versus Calculation

iv. Paper Money and Bank Credits

6. The Rise of Bankers

i. England's Place in Banking History

ii. International Bankers

iii. Consumer Credit

iv. Local Deposit Banks

7. Venice's Place in Monetary History

i. A Bullion Market in a Merchants' Republic

ii. The Republic's Governing Institutions

PART II. Venice's Moneys, Bullion Market, and Mint

8. The First Coins and Moneys of Account

i. Money in Venice before 1192

ii. The Monetary Reforms of Enrico Dandolo

iii. Three Moneys of Account

9. The Bullion Trade and Market Organization

i. The Geography of Bullion Flows

ii. The Ascent of the Venetian Market

iii. The Market Framework

iv. Competing Buyers

10. The Mint's Products, Purchases, and Prices

i. The Relation of Prices to Mint Charges

ii. Certified Silver Ingots

iii. Coins of Fine Silver

iv. Gold Ducats

v. Piccoli and Black Money

11. Communal Revenue

i. Brokerage Fees.

ii. Tariffs on Imports

iii. Seigniorage Compared with Other Revenues

iv. Black Money

12. Within the Mint

i. The Scale of Operations

ii. Top Management and Staff

iii. The Manufacturing Process

iv. Craftsmen in a Centralized Workshop

PART III. The Genesis and Persistence of Bimetallism

13. Competing Moneys and Venice's First Bimetallic Standard

i. Silver and Billon Coins Circulating within Venice

ii. Bimetallism in Overseas Trade

iii. The New Gold Coins of Western Rivals

iv. The Ducat and Venice's First Bimetallic Standard

14. The Rise of Gold

i. Changing Bimetallic Ratios

ii. Venice's Second Bimetallic Standard

iii. Effects on Exchange Rates, Colonial and Foreign

15. The Restructuring of Venice's Monetary System

i. The Deterioration and Revaluation of the Grosso

ii. The Support of the Ducat

iii. New Silver Coins and Scarce Grossi

16. The Multiplication of Moneys of Account

i. The Separation of "a Oro" from "a Moncte

ii. Link Coins after the Separation

iii. Coinage under Andrea Dandolo

iv. Complications Arising from Multiple Standards

v. Choices among Moneys of Account

vi. Some Temporary Simplification

17. The Fall of Gold

i. Silver Supply and Demand

ii. The Gold Glut

18. Devaluations of the Silver Money

i. The General Pattern, 1331-1472

ii. Steps in Devaluation

iii. Transitory Bimetallic Standards

19. Foreign Exchange during the Fall of Gold

i. Constantinople

ii. Venetian Romania and the Tornescllo

iii. Beyond the Alps

iv. Italy and the Horentinc Contrast

v. The Leadership of the Venetian Market

20. The Mobility and Utility of Europe's Moneys of Account

i. Contrasting Approaches

ii. Mobility and Bifurcation

iii. A Middle Period

21. Motivations in Venetian Monetary Policy

Appendixes

A. Mint Charges.

B. Volume and Rate of Production

C. Silver and Copper Prices

D. Domestic Exchange

E. Silver: Special Problems

F. The "Quindexena

G. Documents

Bibliography

Index.

Notes:

Description based on: online resource; title from PDF information screen (ACLS, viewed December 1, 2022).

Description based on publisher supplied metadata and other sources.

ISBN:

1-4214-3608-6

OCLC:

1528963583