Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)

This article is centred on baratto, or market exchange, which consisted in making payments in kind even in the context of a monetised economy. Documentary evidence shows how frequently this type of commercial transaction was adopted in late-medieval long-distance trade, and which strategies led to i...

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Autor principal: GUIDI BRUSCOLI, FRANCESCO
Format: Online
Idioma:anglès
Publicat: Firenze University Press 2025
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Accés en línia:ONIX_20241220_9791221503470_214
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author GUIDI BRUSCOLI, FRANCESCO
author_browse GUIDI BRUSCOLI, FRANCESCO
author_facet GUIDI BRUSCOLI, FRANCESCO
author_sort GUIDI BRUSCOLI, FRANCESCO
collection Directory of Open Access Books
description This article is centred on baratto, or market exchange, which consisted in making payments in kind even in the context of a monetised economy. Documentary evidence shows how frequently this type of commercial transaction was adopted in late-medieval long-distance trade, and which strategies led to its adoption. Far from being a feature of a ‘primitive’ economy, baratto in international trade implied a network of information, a knowledge of the demand and an ability to connect marketplaces, that only few possessed. Examples are taken mainly from account-books and correspondence of Italian (Florentine) merchants, who we able both to assess the monetary value of each merchandise and to know the market where it would be more profitable to sell it for cash or, again, through baratto.
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spelling doab-20.500.12854ir-1508012025-01-31T09:54:33Z Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries) GUIDI BRUSCOLI, FRANCESCO Barter silk Levant Florentine merchants thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history This article is centred on baratto, or market exchange, which consisted in making payments in kind even in the context of a monetised economy. Documentary evidence shows how frequently this type of commercial transaction was adopted in late-medieval long-distance trade, and which strategies led to its adoption. Far from being a feature of a ‘primitive’ economy, baratto in international trade implied a network of information, a knowledge of the demand and an ability to connect marketplaces, that only few possessed. Examples are taken mainly from account-books and correspondence of Italian (Florentine) merchants, who we able both to assess the monetary value of each merchandise and to know the market where it would be more profitable to sell it for cash or, again, through baratto. 2025-01-31T09:54:32Z 2025-01-31T09:54:32Z 2024-12-20T12:35:32Z 2024 chapter ONIX_20241220_9791221503470_214 2975-1195 https://library.oapen.org/handle/20.500.12657/96419 9791221503470 https://directory.doabooks.org/handle/20.500.12854/150801 eng Datini Studies in Economic History open access image/jpeg Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/96419/1/41427.pdf Firenze University Press 10.36253/979-12-215-0347-0.14 10.36253/979-12-215-0347-0.14 2ec4474d-93b1-4cfa-b313-9c6019b51b1a 9791221503470 17 Florence open access
spellingShingle Barter
silk
Levant
Florentine merchants
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
GUIDI BRUSCOLI, FRANCESCO
Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)
title Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)
title_full Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)
title_fullStr Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)
title_full_unstemmed Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)
title_short Chapter ‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)
title_sort chapter wherever they consider it more profitable for cash baratto or credit florentine merchants and the export of silk cloth 15th 16th centuries
topic Barter
silk
Levant
Florentine merchants
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
topic_facet Barter
silk
Levant
Florentine merchants
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
url ONIX_20241220_9791221503470_214
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