«Publicatios on the History of Money»

The Medici Family and Their Florence

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In Florence, Italy, until the 11th century an old, landholding nobility was in power. But with the upswing of trade, a new elite established – a number of families who had gained richness in the market economy. From those privileged families a few dynasties arose, who would control the fates of the city during centuries to come.

The Medici Family and Their Florence