By Edwin S. Hunt
This ebook breaks new floor via featuring an in depth description and background of 1 of the main well-known businesses of the early fourteenth century. This research of the Peruzzi corporation produces an intensive reassessment of what made the Florentine super-companies so remarkable: commodity buying and selling, specially in grain, which required heavy capital, subtle association, and a world community. however the ebook additionally exposes the restrictions in their monetary strength, and explodes the parable that the cave in of the Peruzzi and its joint-venture accomplice, the Bardi, used to be brought on by undesirable loans to Edward III to finance his invasions of France.
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Additional info for The Medieval Super-Companies: A Study of Peruzzi Company of Florence
109 j n Fig U r e s A2 and A3, asterisks include the family members who died in 1348. 36 Medieval super-companies means to escape to safer areas, but the death rate for the family does seem surprisingly low. Other important families suffered heavy losses, some more than half the male relatives. 110 Thus, the family continued to prosper but, with the exception of a few like Simone di Rinieri, as landowners and rentiers rather than entrepreneurs. 111 And although the individual household units of the lineage went their separate ways with regard to their economic status and choice of occupations, they were remarkably cohesive overall.
237 s7 for fifty foot soldiers who accompanied Giovanni di Giotto Peruzzi in the Battle of Montecatini, but he offers no source and dates the event twenty years later, suggesting that the item may refer to another conflict. The company and the family 27 73 participation in military activity. Most, however, were extensively involved in community or diplomatic endeavors even if very few chose public service as a full-time occupation. Of the many capable Peruzzi individuals who lived during the first half of the fourteenth century, there were three who so distinguished themselves that they deserve special attention.
5, and Sapori, Storia economica, for various references. M. Luzzati, Villani e Buonaccorsi, 39, estimated the Buonaccorsi capital at only li. 15,000 in 1324 and noted that although it grew rapidly thereafter, the firm was relatively undercapitalized (82). According to Yver, Le commerce, 292, the Frescobaldi set up a branch in Naples very early, but nothing seems to have come of it. The Ricciardi are not mentioned at all in Yver's work; neither the Ricciardi nor the Frescobaldi are named in Henri Bresc's massive study of Sicily, Un monde Mediterraneen; economie et societe enSicile, 1300-1450 (Rome, 1986).