The World Threw a Party

Colin Read
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Colin Read: SUNY College at Plattsburgh

Chapter 6 in Global Financial Meltdown, 2009, pp 45-55 from Palgrave Macmillan

Abstract: Abstract Modern financial markets were a European Renaissance innovation. The merchants of Venice had been trading in various securities in the thirteenth century, and the Dutch East Indies Company began issuing stock in the seventeenth century. Indeed, the wealth from banking and trade allowed these Merchants of Venice, must notably the Medici family, to patronize the arts and sciences in the Renaissance. Soon thereafter, the Dutch created a market that resembles the modern stock exchange in many significant ways.

Keywords: Income Inequality; Economic World; Develop Nation; Rapid Economic Growth; Young Professional (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59518-7_6

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DOI: 10.1057/9780230595187_6

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