Benedetto Cotrugli – The Book of the Art of Trade : With by Carlo Carraro, Giovanni Favero, John Francis Phillimore

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By Carlo Carraro, Giovanni Favero, John Francis Phillimore

This is the 1st English translation of Benedetto Cotrugli's The e-book of the artwork of Trade, a full of life account of the lifetime of a Mediterranean service provider within the Early Renaissance, written in 1458. The publication is an impassioned safeguard of the legitimacy of mercantile practices, and comprises the 1st scholarly point out of double-entry bookkeeping. Its 4 elements concentration respectively on buying and selling recommendations, from accounting to coverage, the faith of the service provider, his public lifestyles, and kin issues.

Originally handwritten, the publication was once revealed in 1573 in Venice in an abridged and revised model. This new translation makes connection with the recent serious version, in accordance with an past manuscript that has just recently been discovered.

With scholarly essays putting Cotrugli's paintings into historic context and highlighting key topics, this quantity is a crucial contribution to our realizing of the origins of administration and exchange practices.

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Read Online or Download Benedetto Cotrugli – The Book of the Art of Trade : With Scholarly Essays from Niall Ferguson, Giovanni Favero, Mario Infelise, Tiziano Zanato and Vera Ribaudo PDF

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Extra resources for Benedetto Cotrugli – The Book of the Art of Trade : With Scholarly Essays from Niall Ferguson, Giovanni Favero, Mario Infelise, Tiziano Zanato and Vera Ribaudo

Sample text

And thus we will be able to claim that our definition is, as it seems to us, perfect, in that embraces both its intrinsic nature through universals and its variations through particulars. Its essential, universal nature is what is meant by calling it an “art or rather a discipline”, a term signifying no more than that it is governed by a set of precepts directed to a particular end. The variations are made up of everything remaining that is covered by the above definition, which we may clarify as follows.

19’) Giovanni Imbrattamondo [John Worldfouler], Antonio Gabbadio6 [Anthony Godswindler] and suchlike. None the less I should make clear that in my own experience I have met and had to do with many common and attractive names behind which a man of worth was in no way to be found, and the opposite too, names I will not cite to avoid rancour from any side. And if therefore good and attractive names can turn out to be hateful, how much more so are names that within and without testify to villainy! And the lesson we can draw from this is that one gift a father can bestow on a son, at no cost to himself, is a good name; another is to rear him in a good area or in a good country; and a third to give him a good grounding in a profession, since, as they say: “Where there’s a craft, there’s a raft”.

And the same seems to have happened with trade, which first took shape, as we have said, from the promptings of nature and human necessity; then, over the centuries, it showed itself to be very useful to merchants, who, thanks to this utility, were able to embellish it with so many admirable innovations that only a most expert merchant could credit them, as will become clear as our treatise proceeds. We have explored all this purely in order to clarify that part of our definition of trade from the point where we have called it “an art, or rather a discipline primarily instituted for the needs of the human race”, moving on to speak of the invention of money, which proved so useful for those merchants who engaged in the profession to answer to the needs of humankind (f.

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