Summary of Medici Money

Banking, Metaphysics, and Art in Fifteenth-Century Florence

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Medici Money book summary
History seen through banking: how the Medici ruled Florence for five generations of tyranny, war, usury and art.

Rating

9 Overall

7 Innovation

10 Style

Recommendation

If your knowledge of the Medici family begins and ends with their patronage of Renaissance artists, sharp-penned writer Tim Parks has some revelations to share. True, the Medicis used the wealth they amassed from their bank to turn Florence, Italy, into the Mecca of fifteenth-century culture. Yet, the Medici clan also perfected the arts of vanquishing foes and allying with the rich and powerful to gain a stranglehold on political power - all in bold-faced defiance of Catholic Church doctrine. The Vatican held that paying or collecting so much as a penny of interest was a mortal sin. Parks’ book shows you what the Medici made of that, and his arch, witty style is a joy to read. Perhaps the only caution is that this history is more a study of the spiritual and social history of Florence than a guide to the Medicis’ business successes and failures. getAbstract.com recommends this history to anyone interested in the intersection of money, politics and religion.

In this summary, you will learn

  • How the Catholic Church defined usury - and European society - in the fifteenth century
  • How the Medici family set the stage for modern secular society
  • Why the Medici bank rose and fell
 

Summary

Usury: Any Interest Is a Sin
The Medici name is synonymous with high finance, extravagant wealth and generous patronage of the groundbreaking art that defined the Renaissance. Indeed, the meteoric rise, iron-fisted reign and fast fall of the Medici banking family came at a particularly...
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About the Author

Tim Parks is the author of 11 novels, including Europa, Destiny and Rapids. Parks also has written three memoirs of his life in northern Italy and is a prolific translator of Italian writers.


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