Erasmus and the Humanist Republic of Letters — conclusion
Conclusion
Erasmus lived in Basel from 1521 to 1529 and again from 1535 until his death in 1536. He came for the printing house of Froben, for the intellectual environment of the city, for its independence and neutrality and for its quality of life, reasons that anticipate those of the foreign clients of the Swiss financial centre. He was the centre of the humanist republic of letters, a network of information and reputation that functioned in many ways like the financial networks of the period. He lived from a portfolio of pensions, gifts and payments. He entrusted the transfer of his income across borders to the Antwerp merchant Erasmus Schets, in a relationship that anticipates modern cross-border wealth management.
His views on taxation, coinage and war set out principles of good public finance that remain relevant. His satire of greed and of merchants reflects a moral critique of wealth that every financial centre must confront. His position between the confessions resembles the neutrality that Switzerland would adopt. And his will created a charitable foundation, administered by Bonifacius Amerbach and later by the university, which is an early example of the use of the foundation in wealth planning. The humanist circle around Erasmus, open to talent from many countries, made Basel an international meeting place. The next chapter turns to the Reformation of 1529, which Erasmus refused to accept and which transformed the civic and economic order of Basel.
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