Data Talks

Richest five families in Florence 🇮🇹 from 1427 are still the richest today (archival data). Not only the top shows persistence. Any family who was in the (1427) top third is almost certain to still be there today. Likely many Florences out there

Paper in Review of Econ Studies pic.twitter.com/sfTn4sBvMF

— Philipp Heimberger (@heimbergecon) February 2, 2024