The earliest medieval merchants wrote down their sums in Roman numerals and made their calculations with the help of an abacus. This is how Pietro Bernardone dei Moriconi, a merchant of Assisi, must have made the small fortune that allowed him to spoil his handsome son Francis, at least until the day that Francis fell seriously ill and decided to reject his family’s materialistic way of life...
By the time Saint
Francis stripped off his peacock garments and exchanged them for a
homespun robe in 1206, Italian trading networks had already spread
throughout the Mediterranean; a vast web of agents traded Chinese silk
for English wool or wove the two together in the fabric called damask,
after the city of Damascus, an important stop on the Silk Road. At about
the same time that Francis was preaching to the birds, a merchant of
Pisa named Leonardo Fibonacci, from a base in Bugia on the Algerian
coast, threw over family tradition as egregiously as Francis, although
in an entirely different realm: he abandoned the old European way of
reckoning for the numbering system of his Arab colleagues, who claimed
to have gotten it from the Indians. In 1202, Fibonacci presented these
“nine numbers of the Indians” for his fellow Italians in a book called Liber Abaci. In the business world abaco,
“abacus,” was a synonym for “commercial arithmetic.” He wrote in Latin
so that he could be understood throughout the Italian peninsula, and
beyond. And he was understood, so well that he changed the way that
Italian merchants did business.
Quadratic equations were already in use by Fibonacci’s time, and the ability to make quick calculations would eventually have a decisive impact on the discipline not yet called science...
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