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Gold that makes corporate culture grow

The latest book by Salvatore Rossi tells a story that entrepreneurs and managers need to know

Good corporate culture is also fostered by good history. Not arid erudition, but a source of information about the past better to understand the present, to act with greater care, to manage their production organisation with prudent wisdom, to look at the role of the company beyond mere black and red numbers on a balance sheet. A necessity for all, the historical knowledge of economic facts is even more important for entrepreneurs and managers. Reading “Oro” (Gold) by Salvatore Rossi (current General Manager of Banca d’Italia), is therefore a dutiful act for anyone who wants to understand more about the economy today, but it is also something to do with the intention of finding out more about the issues that affect everyone’s lives, even if only a few people realise this.

Rossi is an economist capable of telling a story and making sure the reader understands it. The reasoning focuses on the significance of gold in history and in the economy of both past and present. Starting with an observation. Gold is linked to an ancestral sentiment: the confidence that it can always be exchanged, wherever and whenever. And not just that. Gold has always been a symbol of wealth, beauty, divinity, power. But also of savings and exchange. Whoever owns some keeps it safely caskets, safes, strongboxes and vaults. Even today, in the age of digitalisation of our lives. Rossi wonders why. And he tries to find an answer to this question starting from the premise that gold is a mystery that has resisted six thousand years. Today, in the age of paper money and virtual money, gold should appear anachronistic to us. Yet it is not at all forgotten by those who are looking for a safe place for their savings. Starting with Countries and central banks, this metal remains the safe haven par excellence, the linchpin of economies and monetary systems.

To explain and understand, Rossi begins with people (with the fascinating and dramatic tale of what happened at Banca d’Italia in 1943), then he continues to write about the ties between gold and people as well as with the economic forms that have been built over time and affording digressions as important as the one on the production and distribution of wealth. Gold, therefore, is topical.

What emerges is a remarkable story, but also and above all a tale where there is a thick intertwining bond between economy and humanity, between production and the use of the same, between wealth and poverty. A rare quality in “technicians”, the clarity and transparency with which Rossi wrote “Oro” make this book a gem to read in one go.A good story for good business culture.

Oro (Gold)

Salvatore Rossi

Il Mulino, 2018

The latest book by Salvatore Rossi tells a story that entrepreneurs and managers need to know

Good corporate culture is also fostered by good history. Not arid erudition, but a source of information about the past better to understand the present, to act with greater care, to manage their production organisation with prudent wisdom, to look at the role of the company beyond mere black and red numbers on a balance sheet. A necessity for all, the historical knowledge of economic facts is even more important for entrepreneurs and managers. Reading “Oro” (Gold) by Salvatore Rossi (current General Manager of Banca d’Italia), is therefore a dutiful act for anyone who wants to understand more about the economy today, but it is also something to do with the intention of finding out more about the issues that affect everyone’s lives, even if only a few people realise this.

Rossi is an economist capable of telling a story and making sure the reader understands it. The reasoning focuses on the significance of gold in history and in the economy of both past and present. Starting with an observation. Gold is linked to an ancestral sentiment: the confidence that it can always be exchanged, wherever and whenever. And not just that. Gold has always been a symbol of wealth, beauty, divinity, power. But also of savings and exchange. Whoever owns some keeps it safely caskets, safes, strongboxes and vaults. Even today, in the age of digitalisation of our lives. Rossi wonders why. And he tries to find an answer to this question starting from the premise that gold is a mystery that has resisted six thousand years. Today, in the age of paper money and virtual money, gold should appear anachronistic to us. Yet it is not at all forgotten by those who are looking for a safe place for their savings. Starting with Countries and central banks, this metal remains the safe haven par excellence, the linchpin of economies and monetary systems.

To explain and understand, Rossi begins with people (with the fascinating and dramatic tale of what happened at Banca d’Italia in 1943), then he continues to write about the ties between gold and people as well as with the economic forms that have been built over time and affording digressions as important as the one on the production and distribution of wealth. Gold, therefore, is topical.

What emerges is a remarkable story, but also and above all a tale where there is a thick intertwining bond between economy and humanity, between production and the use of the same, between wealth and poverty. A rare quality in “technicians”, the clarity and transparency with which Rossi wrote “Oro” make this book a gem to read in one go.A good story for good business culture.

Oro (Gold)

Salvatore Rossi

Il Mulino, 2018