chapter  5
14 Pages

Networks and Merchant Diasporas: Florentine Bankers in Lyon and Antwerp in the Sixteenth Century – Heinrich Lang

Networks and Markets In his recently published Economy of Renaissance Florence, Richard Goldthwaite describes how the Florentine economy and its position in later medieval and early modern or pre-capitalist Europe were developed by the Florentine network outside Florence:

In short, many more Florentines must have taken their chances in foreign trade, and numbers alone can explain greater geographical di usion and growth of a more extensive, denser trade network abroad than merchants from small places could possibly have formed among themselves … By their sheer numbers, not to mention the density of the network they built up among themselves, Florentines eventually shoved the other Tuscans out of the markets where they did business.1