Medieval History
How a Medieval Friar Forever Changed Finance
Consider some headlines from the past week. China announced its gross domestic product had slowed to a three-year low of 7.6 percent in the latest quarter. The International Monetary Fund cut its global growth forecasts to 3.9 percent for 2013. And Citigroup Inc. announced its net income was down 12 percent.
The system that generates these 21st-century accounting figures -- the numbers that run our nations and corporations -- was first codified by a Renaissance friar named Fra Luca Bartolomeo de Pacioli. He was at one time more famous, as a mathematician, than his collaborator Leonardo da Vinci.
Pacioli is remembered today, if he?s remembered at all, as the father of accounting. He wrote the first mathematical encyclopedia of Europe, which made two critical contributions to modern science and commerce: It was the first printed book to explain Hindu-Arabic arithmetic and its offshoot, algebra, and it contained the first printed treatise on Italian accounting.
Click here to read this article from Bloomberg
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American Historical Association: Openings And New Phds On The Rise: The 2012 Jobs Report
The number of job openings advertised with the AHA in the 2011?12 academic year increased by 18 percent over the year before?rising for the second time in a row. Unfortunately, other evidence shows the competition for academic positions also continued...
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15th Century Italian Banking Records Discovered In London Manuscript
A rare accounting document, half-concealed beneath a coat of arms design, has revealed the activities of Italian bankers working in early 15th century London, decades before the capital became a financial powerhouse. The discovery was made by economic...
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Exhibition Reveals The Genius Of Leonardo?s Anatomical Work
Leonardo da Vinci?s ground-breaking studies of the human body and anatomy are to go on display this week in London, England. The exhibition, which takes place almost 500 years after his death, will feature 87 pages from Leonardo?s notebooks, including...
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Coin Of Charlemagne Sells For 160,000 Euros
New record hammer price for a Medieval coin at Künker?s: the portrait denarius of Charlemagne, that had been estimated at 30,000 euros, was sold for 160,000 euros. The winner was an anonymous bidder by telephone. That result was the outright highlight...
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Art And Science In The Italian Renaissance
'Art and Science in the Italian Renaissance: The Animal World', London, 7 November 2008 LEONARDO DA VINCI SOCIETY http://www.bbk.ac.uk/hosted/leonardo/ The conference is a contribution to the Leonardo da Vinci...
Medieval History