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Between the end of the 14th century and the beginning of the 15th century, the Republic of Florence was almost constantly engaged in war. As a result, public debt in a short time increased from 1 million to 3 million flo...

In traditional historiography, the wartime context is often judged to have had a uniformly negative impact on medieval economies. While this assessment holds in many respects, it has overlooked the specific sector of arm...