31 of 34 people found the following review helpful
5.0 out of 5 stars
A well-written history book (for a change)!, Feb 7 2006
By Nicholas Warren - Published on Amazon.com
This review is from: Medici Money (Hardcover)
The focus of the book is the rise, and fall, of the Medici bank, rather than the Medici themselves. However, the former explains a lot about the latter. It takes you through the founding of the business, as a not-wholly reputable business conducted by merchants and sailing very close to the winds of usury, to the over-stretching of the bank and its demise. However, by this time, the Medici had become indispensible to the financing of wars, which had enabled them to become politically very powerful. Ironically, they could now afford to neglect the very business that had initially been responsible for their power and concentrate on dynastic marriages among the nobility of Europe (by the sixteenth century, Marie and then Catherine de Medici had become queens of France).
Along the way, the reader is introduced to the scions of the Medici family, including the two best known, Cosimo (also styled pater patriae) and Lorenzo (il magnifico) and something about their patronage of the arts at the time of the Italian renaissance. Concentrating on the running of the bank, the book has fascinating insights, such the significance of natural cash imbalances in different parts of the banking empire and what thet meant for the business when it was highly risky to physically transport gold coin from one location to another in Europe.
Medici Money was well-written, easy to read and most enjoyable. Naturally, it was writen by an author, not a professional historian. Don't expect a dry, academic book with every statement footnoted to sources. Do expect the author to sometimes interject his opinions and to make statements without backing them up (we just have to trust that he has done his research thoroughly). That's a trade-off, of course, but one I would like to see occur more frequently. The non-specialist reader may well learn more about history in this way and, most importantly, be encouraged to explore history further.
Bravo, Tim Parks! It's made me want to explore your novels.
20 of 22 people found the following review helpful
5.0 out of 5 stars
An Engaging Read, May 6 2005
By Ladyness "Booklover" - Published on Amazon.com
This review is from: Medici Money (Hardcover)
I've only read two of Tim Parks books: "Italian Neighbors" and "Italian Education". I loved both of them. I like his nonchalant style which takes the reader right to the point.
"Medici Money" was a good surprise. I had never read anything about the most famous family in Florence, so this book was a good introduction to the fortunes and misfortunes of the power and money hungry Medicis. Because I don't have a background in economics, some parts were a little more difficult to grasp for me, but otherwise it was a witty account of the Medici's bank rise and fall. I only wished it had more on the metaphysics aspect of Renaissance life and how it related to banking. I also think the book would benefit if it had more illustrations and a better genealogy table (some dates were different from the text). Overall it was a pleasant and informative read. I specially liked his suggestions in the bibliography. In sum, I enjoyed the book very much and if you're interested in learning a bit more about Renaissance and the Medici, it's a good start.
15 of 17 people found the following review helpful
2.0 out of 5 stars
Disappointing & Cynical, Jan 14 2006
By David Mullet - Published on Amazon.com
This review is from: Medici Money (Hardcover)
I enjoy reading about the Italian Renaissance, especially about Florence and its history. While I have read a number of good books, I would not count "Medici Money" among the best of them.
Tim Parks relates the rise and fall of the Medici family's banking business through the fifteenth century in a cynical, sarcastic tone. While he is to be given his due for not producing a fairy-tale profile of one of the most important families in Italian history, I get the impression that Parks finds very little to like about the Medici and would very much like us to share his low opinion of Lorenzo and Company.
His writing style, perhaps intended to be conversational, is littered with rhetorical questions and incomplete sentences that I found distracting ("For me or against me. Your fate. What could a banker do?"). Parks provides neither footnotes nor endnotes, and routinely quotes unnamed sources. As a result, I sometimes found it difficult to separate historical fact from author's conjecture.
Perhaps "Medici Money" is intended as a realistic counterbalance to less-critical accounts of the Medici, but I would rank it below other works on the period, such as "April Blood" and "Brunelleschi's Dome".