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Hardcover The Underground Wealth of Nations: On the Capitalist Origins of Silver Mining, A.D. 1150-1450 Book

ISBN: 0300218222

ISBN13: 9780300218220

The Underground Wealth of Nations: On the Capitalist Origins of Silver Mining, A.D. 1150-1450

(Part of the Yale Series in Economic and Financial History Series)

Silver mining was a capitalist business long before the supposed origin of modern capitalism

Hundreds of years before a sixteenth-century crisis in European agriculture led to the origins of capital, investment, and finance, the silver mining industry exhibited many of the features of modern capitalism. Silver mines were large-scale businesses that demanded large investments and steady cash flow, achieved by spreading that risk through...

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Format: Hardcover

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