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As a world economy emerged from the 16th-17th centuries onwards, a global cashless payment system arose. This had its base in Europe, first in Italy, then in the rising regions of the north-west, with Amsterdam and then London as the central financial market. The mutual quotation of exchange rates, which provide the data tabulated and analysed here, mark the integration into a global network of all areas with significant economic potential.The primary aim of this book is to provide a compact account of the exchange rates in all these financial markets, from the late 16th century up to the First World War. This makes possible an instant conversion between the major world currencies at nearly any date within that period, while the important introduction provides the explanation and context of developments. The present handbook therefore serves as an invaluable resource for those concerned with all aspects of commercial and financial history.
Today, it has largely been forgotten that fairs played a decisive role in trade and finance in pre-modern Europe. In the Middle Ages and Early Modern period, many cities endeavoured to obtain a fair privilege and attract as many merchants as possible. Through the economic activities and infrastructures provided, a supra-regional spatial configuration gradually emerged, which was not only made up of places within a region, but across the whole of Europe and in some cases the wider world. The contributions in this volume are based on a project jointly funded by the French Agence Nationale de la Recherche and the German Research Foundation, which focussed mainly on fairs and cities in France, t...
‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Robinson Rössner shows how, when looked at in the face of history, it has usually been the other way around. This book follows the development of capitalism from the Middle Ages through the industrial revolution to the modern day, casting new light on the areas where premodern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations. Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.
This book offers a new perspective on the concept of modernity. Since its invention as a contrast to Antiquity or the Middle Ages, modernity has been tied to ideas of superiority, progress, and efficiency. As a counterpart to the Marxist “history of class struggle”, “modernization theories” have transformed modernity into an almost teleological concept of historical development. These strong connotations obstruct a clear look at other forms of modernity. The contributions of the volume will show in a comparative perspective how modernity can also be understood and analyzed as multiple responses of societies and polities to organize themselves in facing ever more complex and integrated interactions at ever larger scales.
The Global Lives of Things considers the ways in which ‘things’, ranging from commodities to works of art and precious materials, participated in the shaping of global connections in the period 1400-1800. By focusing on the material exchange between Asia, Europe, the Americas and Australia, this volume traces the movements of objects through human networks of commerce, colonialism and consumption. It argues that material objects mediated between the forces of global economic exchange and the constantly changing identities of individuals, as they were drawn into global circuits. It proposes a reconceptualization of early modern global history in the light of its material culture by asking...
Lucas Haasis found a time capsule: A complete mercantile letter archive of the merchant Nicolaus Gottlieb Luetkens who lived in 18th century Hamburg. Luetkens travelled France between 1743-1745 in order to become a successful wholesale merchant. He succeeded in this undertaking via both shrewd business practice and proficient skills in the practice of letter writing. Based on this unique discovery, in this microhistorical study Lucas Haasis examines the crucial steps and activities of a mercantile establishment phase, the typical letter practices of Early Modern merchants, and the practical principles of persuasion leading to success in the 18th century.
Austria Supreme (if it so wishes) (1684) provides a translation of and a scholarly introduction to the Austrian-German Mercantilist classic Oesterreich über Alles Wann es Nur Will (1684) by Philipp Wilhelm von Hörnigk. Published a few months after the unsuccessful 1683 siege of Vienna by the Turks, a turning point in European history, the book stayed in print for more than 100 years. This was the most widely read German language economic textbook of the period, containing, in a nutshell, the essential ingredients of economic strategy that would make Austria and Europe grow rich and eventually overtake the rest of the world as the first world region that experienced an industrial revolution. In Oesterreich über Alles Wann es Nur Will Hörnigk updates and redefines the Mercantilist political economy – a strategy for achieving national wealth and political strength simultaneously by building up a competitive domestic manufacturing industry with the help of the state. Austria Supreme (if it so wishes) (1684) is the first-ever English translation of a work whose importance for European economic development and the ‘European Miracle’ cannot be overestimated.
Seventeenth-century Dutch and Flemish paintings were aesthetic, intellectual, and economic touchstones in the Parisian art world of the Revolutionary era, but their importance within this framework, while frequently acknowledged, never attracted much subsequent attention. Darius A. Spieth’s inquiry into Revolutionary Paris and the Market for Netherlandish Art reveals the dominance of “Golden Age” pictures in the artistic discourse and sales transactions before, during, and after the French Revolution. A broadly based statistical investigation, undertaken as part of this study, shows that the upheaval reduced prices for Netherlandish paintings by about 55% compared to the Old Regime, and that it took until after the July Revolution of 1830 for art prices to return where they stood before 1789.
A history of the continent-spanning Armenian print tradition in the early modern period Early Modernity and Mobility explores the disparate yet connected histories of Armenian printing establishments in early modern Europe and Asia. From 1512, when the first Armenian printed codex appeared in Venice, to the end of the early modern period in 1800, Armenian presses operated in nineteen locations across the Armenian diaspora. Linking far-flung locations in Amsterdam, Livorno, Marseille, Saint Petersburg, and Astrakhan to New Julfa, Madras, and Calcutta, Armenian presses published a thousand editions with more than half a million printed volumes in Armenian script. Drawing on extensive archival ...
Eighteenth-century Europe witnessed a commercialization of culture as it became less courtly and more urban. The marketing of culture became separate from the production of culture. New cultural entrepreneurs entered the stage: the impresario, the publisher, the book seller, the art dealer, the auction house, and the reading society served as middlemen between producers and consumers of culture, and constituted at the same time the beginning of a cultural service sector. Cultural consumption also played a substantial role in creating social identity. One could demonstrate social status by attending an auction, watching a play, or listening to a concert. Moreover, and eventually more signific...