This article demonstrates the usefulness of the notion of embeddedness to the historical study of Italian industrial districts of small firms and of local economic change more generally. The development of gold jewelry production in two Italian towns, Valenza Po and Arezzo, shows that vertical...

The socialists' "city of gold" : Valenza Po's jewelry industry from the 1890s to the fascist era -- Negotiating the economic miracle : Valenza Po's jewelry industry in the post-World War II decades -- From craftsmen to craftsmen : the development of Vicenza's jewelry industry -- A pyramid of...

<i>In Gold We Trust</i> is a historical and sociological account of how, by the late 1960s, three small Italian towns had come to lead the world in the production of gold jewelry--even though they had virtually no jewelry industry less than a century before, and even though Italy had western Europe's...