Book Chapter

‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)

  • Francesco Guidi Bruscoli

This article is centred on baratto, or market exchange, which consisted in making payments in kind even in the context of a monetised economy. Documentary evidence shows how frequently this type of commercial transaction was adopted in late-medieval long-distance trade, and which strategies led to its adoption. Far from being a feature of a ‘primitive’ economy, baratto in international trade implied a network of information, a knowledge of the demand and an ability to connect marketplaces, that only few possessed. Examples are taken mainly from account-books and correspondence of Italian (Florentine) merchants, who we able both to assess the monetary value of each merchandise and to know the market where it would be more profitable to sell it for cash or, again, through baratto.

  • Keywords:
  • Barter,
  • silk,
  • Levant,
  • Florentine merchants,
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Francesco Guidi Bruscoli

University of Florence, Italy - ORCID: 0000-0002-8389-0613

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Chapter Information

Chapter Title

‘Wherever they consider it more profitable, for cash, baratto or credit’. Florentine merchants and the export of silk cloth (15th-16th centuries)

Authors

Francesco Guidi Bruscoli

Language

English

DOI

10.36253/979-12-215-0347-0.14

Peer Reviewed

Publication Year

2024

Copyright Information

© 2024 Author(s)

Content License

CC BY 4.0

Metadata License

CC0 1.0

Bibliographic Information

Book Title

Mezzi di scambio non monetari. Merci e servizi come monete alternative nelle economie dei secoli XIII-XVIII / Alternative currencies. Commodities and services as exchange currencies in the monetarized economies of the 13th to 18th centuries

Editors

Angela Orlandi

Peer Reviewed

Number of Pages

592

Publication Year

2024

Copyright Information

© 2024 Author(s)

Content License

CC BY 4.0

Metadata License

CC0 1.0

Publisher Name

Firenze University Press

DOI

10.36253/979-12-215-0347-0

ISBN Print

979-12-215-0346-3

eISBN (pdf)

979-12-215-0347-0

eISBN (xml)

979-12-215-0348-7

Series Title

Datini Studies in Economic History

Series ISSN

2975-1241

Series E-ISSN

2975-1195

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