Title: The Invention of Money: How Finance was Born in Italy
Author: Alessandro Marzo Magno
Data: 2013, 280 p., hardcover
Publisher: Garzanti Libri


Description: 

Forget New York and London, the financial systems as we know them were invented, created, and developed in Italy during the Middle Ages. The Invention of Money: How Finance was Born in Italy tells the incredible story in an easily understandable and charming way of how goods were first transformed into currency, allowing merchants to become bankers. The first banks were founded in Genoa, Florence, and Venice, which led to the creation of a multinational chain of banks across the Mediterranean. Italy developed the first insurance companies, the system of checks and deposits, and, consequently, the most sophisticated scamming and fraud schemes, such as the Ponzi, that the world knows today.

 

 

 

 

 

 

Foreign Rights Sold

Korea
(Chaek-Se-Sang)