In the twilight of the Renaissance, the grand duke of Tuscany--a scion of the fabled Medici family of bankers--invited foreign merchants, artisans, and ship captains to settle in his port city of Livorno. The town quickly became one of the most bustling port cities in the Mediterranean, presenting a rich tableau of officials, merchants, mariners, and slaves. Nobody could have predicted in 1600 that their activities would contribute a chapter in the history of free trade. Yet by the late seventeenth century, the grand duke's invitation had evolved into a general program of hospitality towards foreign visitors, the liberal treatment of goods, and a model for the elimination of customs duties. Livorno was the earliest and most successful example of a free port in Europe. The story of Livorno shows the seeds of liberalism emerging, not from the studies of philosophers such as Adam Smith, but out of the nexus between commerce, politics, and identity in the early modern Mediterranean.

In early modern Europe, free ports were places where merchants of any nation, religion, or ethnicity could trade on equal terms; and where there were no import and export taxes. This work shows how free trade emerged from the interstices of European commercial institutions by examining the history of the free port of Livorno

In the twilight of the Renaissance, the grand duke of Tuscany-a scion of the fabled Medici family of bankers-invited foreign merchants, artisans, and ship captains to settle in his port city of Livorno. The town quickly became one of the most bustling port cities in the Mediterranean, presenting a rich tableau of officials, merchants, mariners, and slaves. Nobody could have predicted in 1600 that their activities would contribute a chapter in the history of free trade. Yet by the late seventeenth century, the grand duke's invitation had evolved into a general program of hospitality towards foreign visitors, the liberal treatment of goods, and a model for the elimination of customs duties. Livorno was the earliest and most successful example of a free port in Europe. The story of Livorno shows the seeds of liberalism emerging, not from the studies of philosophers such as Adam Smith, but out of the nexus between commerce, politics, and identity in the early modern Mediterranean.

How did free trade emerge in early-modern times? How did the Mediterranean as a specific region – with its own historical characteristics – produce a culture in which the free port appeared? What was the relation between the type of free trade created in early-modern Italy and the development of global trade and commercial competition between states for hegemony in the eighteenth century? And how did the position of the free port, originally a Mediterranean ‘invention’, develop over the course of time? The contributions to this volume address these questions and explain the institutional genealogy of the free port. Free Trade and Free Ports in the Mediterranean analyses the atypical history and conditions of the Mediterranean region in contradistinction with other regions as an explanation for how and why free ports arose there. This volume engages with the diffusion of free ports from a Mediterranean to a global phenomenon, whilst staying focused on how this diffusion was experienced in the Mediterranean itself. The contributions to this volume bring together the traditional issues of religious openness and tolerance in physically separated areas and the role of consuls and governors, via fiscal techniques, architectural and administrative aspects, with questions about geopolitical balance and primacy. The book will be of interest to scholars in a wide range of historical sub-disciplines (early modern, Mediterranean, global economic, political, and institutional, just to mention a few) and to students wishing to perfect their knowledge of the Mediterranean and its global interconnections, and of the origins of free trade.

Florence in the Early Modern World offers new perspectives on this important city by exploring the broader global context of the fifteenth and sixteenth centuries, within which the experience of Florence remains unique. By exploring the city’s relationship to its close and distant neighbours, this collection of interdisciplinary essays reveals the transnational history of Florence. The chapters orient the lenses of the most recent historiographical turns perfected in studies on Venice, Rome, Bologna, Naples, and elsewhere towards Florence. New techniques, such as digital mapping, alongside new comparisons of architectural theory and merchants in Eurasia, provide the latest perspectives about Florence’s cultural and political importance before, during, and after the Renaissance. From Florentine merchants in Egypt and India, through actual and idealized military ambitions in the sixteenth-century Mediterranean, to Tuscan humanists in late medieval England, the contributors to this interdisciplinary volume reveal the connections Florence held to early modern cities across the globe. This book steers away from the historical narrative of an insular Renaissance Europe and instead identifies the significance of other global influences. By using Florence as a case study to trace these connections, this volume of essays provides essential reading for students and scholars of early modern cities and the Renaissance.

This open access book explores the history of risk management in medieval and early modern European maritime business, focusing particularly on 'General Average' – a mechanism by which extraordinary expenses regarding ship or cargo, incurred during a voyage to save the venture, are shared between all participants to protect equity. This volume traces the history of this risk management tool from its origins in the pre-Roman Mediterranean through to its use in the shipping sector today. Contributions range from the Islamic Mediterranean to the Low Countries, and taken together, provide a wide-ranging analysis of social, cultural, and political aspects of pre-modern maritime commerce in Europe.

Analysing a struggle for neutrality amid a rapidly changing European scene, this book illustrates how the small state of Tuscany cunningly managed to preserve its sovereignty and independence during a dangerous diplomatic dispute with England. Endangered Neutrality follows the actions of William Plowman (1660-?), who sparked the dispute, and those of two of the main characters of the story, Iacopo Giraldi (1663-1738), Tuscan ambassador to England, and Lambert Blackwell (d.1727), English envoy to Tuscany. Through these privileged points of view, the reader is plunged into the highest levels of European politics and diplomacy of the period. This book offers a radically new approach to the study of Tuscan history, particularly in relation to the reign of Cosimo III de’ Medici. It underlines the weakness of the concept of the ‘small state’, showing how Tuscany managed openly to confront a much more powerful country such as England. Tuscany built a ‘system of neutrality’ which, leveraging the economic importance of the Mediterranean trade routes and of the port of Livorno, allowed the Grand Duchy to preserve its independence. Analysis of the case also offers a unique perspective on the functioning of the Tuscan and English diplomatic corps, assessing the impact of the Glorious Revolution on English diplomatic capabilities. Special attention is devoted to the importance of symbolism in diplomatic practice and to the role of trade and public opinion in resolving international disputes.

This book explores how the Medici Grand Dukes pursued ways to expand their political, commercial, and cultural networks beyond Europe, cultivating complex relations with the Ottoman Empire and other Islamicate regions, and looking further east to India, China, and Japan. The chapters in this volume discuss how casting a global, cross-cultural net was part and parcel of the Medicean political vision. Diplomatic gifts, items of commercial exchange, objects looted at war, maritime connections, and political plots were an inherent part of how the Medici projected their state on the global arena. The eleven chapters of this volume demonstrate that the mobility of objects, people, and knowledge that generated the global interactions analyzed here was not unidirectional—rather, it went both to and from Tuscany. In addition, by exploring evidence of objects produced in Tuscany for Asian markets,this book reveals hitherto neglected histories of how Western cultures projected themselves eastwards.

Trading Companies and Travel Knowledge in the Early Modern World explores the links between trade, empire, exploration, and global information trans>fer during the early modern period. By charting how the leaders, members, employees, and supporters of different trading companies gathered, pro>cessed, employed, protected, and divulged intelligence about foreign lands, peoples, and markets, this book throws new light on the internal uses of information by corporate actors and the ways they engaged with, relied on, and supplied various external publics. This ranged from using secret knowl>edge to beat competitors, to shaping debates about empire, and to forcing Europeans to reassess their understandings of specific environments due to contacts with non-European peoples. Reframing our understanding of trading companies through the lens of travel literature, this volume brings together thirteen experts in the field to facilitate a new understanding of how European corporations and empires were shaped by global webs of information exchange

A thought-provoking study of how knowledge of provenance was not transferred with enslaved people and goods from the Portuguese trading empire to Renaissance Italy In the fifteenth and sixteenth centuries, Renaissance Italy received a bounty of "goods" from Portuguese trading voyages—fruits of empire that included luxury goods, exotic animals and even enslaved people. Many historians hold that this imperial "opening up" of the world transformed the way Europeans understood the global. In this book, K.J.P. Lowe challenges such an assumption, showing that Italians of this era cared more about the possession than the provenance of their newly acquired global goods. With three detailed case studies involving Florence and Rome, and drawing on unpublished archival material, Lowe documents the myriad occasions on which global knowledge became dissociated from overseas objects, animals and people. Fundamental aspects of these imperial imports, including place of origin and provenance, she shows, failed to survive the voyage and make landfall in Europe. Lowe suggests that there were compelling reasons for not knowing or caring about provenance, and concludes that geographical knowledge, like all knowledge, was often restricted and not valued. Examining such documents as ledger entries, journals and public and private correspondence as well as extant objects, and asking previously unasked questions, Lowe meticulously reconstructs the backstories of Portuguese imperial acquisitions, painstakingly supplying the context. She chronicles the phenomenon of mixed-ancestry children at Florence’s foundling hospital; the ownership of inanimate luxury goods, notably those possessed by the Medicis; and the acquisition of enslaved people and animals. How and where goods were acquired, Lowe argues, were of no interest to fifteenth- and sixteenth-century Italians; possession was paramount.