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The Price of Trust: How Medieval Europe Learned to Trade with Strangers

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Sometime in the 1340s, in Florence, a man who had spent a good part of his life among merchants sat down to explain how the greatest banking houses in Christendom had failed. Giovanni Villani was a chronicler, but he was also a businessman of the kind his readers knew well: a partner in a commercial company, a holder of civic office, a man who knew what a ledger was for. He had been a partner in the Buonaccorsi company, which came to grief in the same years as the houses he was writing about, and he knew what it was to owe more than could be paid.

What you get

• 14 sections, about 32,100 words, written as one argument
• PDF in A4, US Letter and a mobile page size, plus EPUB

For: Readers who want the argument rather than the legend, set out at book length with the sources named.

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