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Prof. Richard Sylla gives a presentation on the art of banking at the Frick museum

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Excerpt from Fora.tv -- "Banks, for centuries, have played a key role in economic development...the countries that had the most developed banks and really the most developed financial systems early on were the ones that were successful in modern history. The Northern Italian city-states are an example and what I noted here was that these city-states of Northern Italy 600-700 years ago developed modern banking, innovated it and they also innovated double-entry bookkeeping."

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