Networks of the Hanseatic League - The Hanseatic League was a late-medieval network of economically largely independent long-distance trade merchants which was based on trust, reputation and reciprocal relations. The informal cooperation among its members kept transactional, informational and organizational costs low, allowing the Hanse merchants to make good profits from the long-distance trade between the Baltic and the North Seas. Thanks to personal and institutional links with confederations of towns, the Hanse merchants were initially able to strengthen their international position of power. Since the late 15th century, however, the transaction costs of long-distance trade increased as a result of growing exclusivity and formalization efforts in the Hanseatic league. Moreover, changes in the European economic structure, triggered by the discovery of America, and internal conflicts ultimately led to the disintegration of the Hanseatic networks.
posted by infini
on Dec 29, 2012 -
In my unending search for just the right vintage images for our articles, I have looked through thousands of photographs of men from the last century or so. One of the things that I have found most fascinating about many of these images, is the ease, familiarity, and intimacy, which men used to exhibit in photographs with their friends and compadres.Male Affection: A Photographic History Tour
posted by byanyothername
on Aug 13, 2012 -