Money and Promises

Money and Promises Seven Deals That Changed the World

Hardback (14 Mar 2024)

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Publisher's Synopsis

In the twelfth-century, Pisa was a powerhouse of global trade, a city that stood at the centre of Medieval Europe. But Pisa had a problem. It was running out of coins. In the face of a looming financial crisis, the city's rulers and its moneylenders forged a deal that laid the foundations of the modern state and of present-day banking. In Money and Promises, the distinguished banker and scholar Paolo Zannoni examines the extraordinary relationship between states and banks. He draws upon seven case studies: the republic of twelfth-century Pisa, seventeenth-century Venice, the early years of the Bank of England, Imperial Spain, the Kingdom of Naples, the nascent USA during the American Revolution, and Bolshevik Russia in 1917-21. Spanning a multitude of countries, political systems and historical eras, Zannoni shows that at the heart of our institutions lies an intricate exchange of debt and promises that has shaped the modern world. Featuring pioneering research and original insights, this authoritative yet accessible book explores the vital relationship upon which our financial and political systems still depend.

Book information

ISBN: 9781804542804
Publisher: Bloomsbury Publishing (UK)
Imprint: Apollo
Pub date:
DEWEY: 330.9
DEWEY edition: 23
Language: English
Number of pages: 304
Weight: 728g
Height: 162mm
Width: 241mm
Spine width: 28mm