Medieval Europe
Banking, in the modern sense of the word, is traceable to medieval and early Renaissance Italy, to rich cities in the north such as Florence, Venice, and Genoa.
Read more about this topic: History Of Banking
Famous quotes containing the words medieval and/or europe:
“The medieval university looked backwards; it professed to be a storehouse of old knowledge.... The modern university looks forward, and is a factory of new knowledge.”
—Thomas Henry Huxley (1825–1895)
“Humanism, it seems, is almost impossible in America where material progress is part of the national romance whereas in Europe such progress is relished because it feels nice.”
—Paul West (b. 1930)