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Cities of Commerce
Cities of Commerce develops a model of institutional change in European commerce based on urban rivalry. Cities continuously competed with each other by adapting commercial, legal, and financial institutions to the evolving needs of merchants. Oscar Gelderblom traces the successive rise of Bruges, Antwerp, and Amsterdam to commercial primacy between 1250 and 1650, showing how dominant cities feared being displaced by challengers while lesser cities sought to keep up by cultivating policies favorable to trade. He argues that it was this competitive urban network that promoted open-access institutions in the Low Countries, and emphasizes the central role played by the urban power holders--the ...
The Rise of the Amsterdam Market and Information Exchange
Most scholars agree that during the sixteenth century, the centre of European international trade shifted from Antwerp to Amsterdam, presaging the economic rise of the Dutch Republic in the following century. Traditionally this shift has been accepted as the natural consequence of a dynamic and progressive city, such as Amsterdam, taking advantage of expanding commercial opportunities at the expense of a more conservative rival hampered by outmoded medieval practices. Yet, whilst this theory is widely accepted, is it accurate? In this groundbreaking study, Clé Lesger argues that the shift of commercial power from Antwerp to Amsterdam was by no means inevitable, and that the highly specializ...
Orsanmichele
This work provides a new narrative for Orsanmichele in the era before the Renaissance. It examines Orsanmichele from the mid-thirteenth century, as the piazza transformed into the city’s grain market. It considers the market’s tandem confraternity, with its stunning Madonnas over three successive loggias. It examines the grain market and confraternity from a social, economic, political, and artistic perspective. It provides extensive data on the Florentine grain trade, sales at the market, and the nexus between traders, political leaders, and the confraternity. The work suggests that developments at Orsanmichele during the medieval period formed the basis for the Renaissance structure.
How Transformative Innovations Shaped the Rise of Nations
Over the last 2,000 years, critical innovations have transformed small regions into global powers. But these powers have faded when they did not embrace the next big innovation. Gerard J. Tellis and Stav Rosenzweig argue that openness to new ideas and people, empowerment of individuals and competition are key drivers in the development and adoption of transformative innovations. These innovations, in turn, fuel economic growth, national dominance and global leadership. In How Transformative Innovations Shaped the Rise of Nations, Tellis and Rosenzweig examine the transformative qualities of concrete in Rome; swift equine warfare in Mongolia; critical navigational innovations in the golden ages of Chinese, Venetian, Portuguese and Dutch empires; the patent system and steam engine in Britain; and mass production in the United States of America.
The Political Economy of the Dutch Republic
In the first half of the seventeenth century the Dutch Republic emerged as one of Europe's leading maritime powers. The political and military leadership of this small country was based on large-scale borrowing from an increasingly wealthy middle class of merchants, manufacturers and regents This volume presents the first comprehensive account of the political economy of the Dutch republic from the sixteenth to the early nineteenth century. Building on earlier scholarship and extensive new evidence it tackles two main issues: the effect of political revolution on property rights and public finance, and the ability of the nation to renegotiate issues of taxation and government borrowing in ch...
Pioneers of Capitalism
How medieval Dutch society laid the foundations for modern capitalism The Netherlands was one of the pioneers of capitalism in the Middle Ages, giving rise to the spectacular Dutch Golden Age while ushering in an era of unprecedented, long-term economic growth. Pioneers of Capitalism examines the formal and informal institutions in the Netherlands that made this economic miracle possible, providing a groundbreaking new history of the emergence and early development of capitalism. Drawing on the latest quantitative theories in economic research, Maarten Prak and Jan Luiten van Zanden show how Dutch cities, corporations, guilds, commons, and other private and semipublic organizations provided ...
The Dutch Republic in the Seventeenth Century
The Dutch are 'the envy of some, the fear of others, and the wonder of all their neighbours'. So wrote the English ambassador to the Dutch Republic, Sir William Temple, in 1673. Maarten Prak offers a lively and innovative history of the Dutch Golden Age, charting its political, social, economic and cultural history through chapters that range from the introduction of the tulip to the experiences of immigrants and Jews in Dutch society, the paintings of Vermeer and Rembrandt, and the ideas of Spinoza. He places the Dutch 'miracle' in a European context, examining the Golden Age both as the product of its own past and as the harbinger of a more modern, industrialised and enlightened society. A fascinating and accessible study, this 2005 book will prove invaluable reading to anyone interested in Dutch history.
Money Changes Everything
"[A] magnificent history of money and finance."—New York Times Book Review "Convincingly makes the case that finance is a change-maker of change-makers."—Financial Times In the aftermath of recent financial crises, it's easy to see finance as a wrecking ball: something that destroys fortunes and jobs, and undermines governments and banks. In Money Changes Everything, leading financial historian William Goetzmann argues the exact opposite—that the development of finance has made the growth of civilizations possible. Goetzmann explains that finance is a time machine, a technology that allows us to move value forward and backward through time; and that this innovation has changed the very...
The Same but Different?
Using cutting-edge theory regarding trade networks and diaspora, this study challenges the historiographical argument that the Sephardim, and indeed, a variety of religio-ethnic groups, achieved their commercial success by relying on geographically dispersed family members and fellow ethnics. The book’s findings challenge the reigning understanding that commercial success stemmed from endogamous business relationships and socio-cultural insularity. The book demonstrates that the most successful Sephardic merchants of early seventeenth century Amsterdam built their fortunes not thanks to familial or diasporic connections, but through “loose ties,” economic networks comprised of non-Sephardim. Focusing on three of the most prominent Sephardic merchants in Amsterdam, and a random sampling of other Sephardi merchants, the book reveals a multi-ethnic and multi-religious trade network of non-Jewish merchants.
