Instituce Monte di Pieta: příspěvek k dějinám ekonomiky neziskových organizací

Title in English Monte di Pieta: Contribution to history of non-profit organisation

SVOBODA František

Year of publication 2013
Type Article in Periodical
Magazine / Source Scientia et Societas
MU Faculty or unit

Faculty of Economics and Administration

Field Management and administrative
Keywords charitable institutions usury interest pawnshop banking
Attached files
Description If economic history would be written as the history of business ethics, we would probably find that the familiar milestones, characterized by different stages of economic theory and practice, raises new milestones that allow us to look at the development of world economy and its institutions in a different perspective. One of these forgotten chapters of economic history is story of Monte di pieta. These companies (from the Middle Ages to the present) are the pawn shop, providing a slightly lower interest loan, in exchange for a pledge. Their service used mainly by the lower and middle classes, both for loans and deposits of which were secured against theft, available on request and also served for a benevolence
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