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Lane, who specialized in medieval Venetian history.
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.
Additional chapters detail the actual process of ship construction, the organization and activity of the craft guilds, and the development and management of the Arsenal.
"Frederic Lane has achieved what is the often unfulfilled dream of every historian who has devoted his entire work to the exploration of partial aspects of a single broad subject: he has given us a comprehensive, thoughtful, readable, beautifully illustrated general history of Venice from the origins to the beginning of decline."--'Speculum.'
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