The Weird and Wonderful Economy of Vatican City
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- เผยแพร่เมื่อ 16 มิ.ย. 2024
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This is Vatican city. The smallest widely recognized sovereign state in the world.
This tiny nation exists entirely within these walls, but its influence is felt the world over.
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Vatican: the least country-like country
Hong Kong: the most country-like non-country
conservatives r happy with unscientific moneylenders.
Hong Kong is sadly losing its autonomy
@@takashi.mizuiro lost*
The round ups have already begun weeks ago.
Scotland and catalonia: ...
I think Taiwan is the most country-like non-country.
Last time I was this early, the Romans still worshiped Jupiter.
hahahaha me too
Love your videos
Your vids coolio! How are they so good! Edit: I'm not a bot
You should make a video on the economics of the porn industry. OnlyFans, Pornhub, etc.
You've been busy keep it up .
The economics of stock footage
haha one day, one day.
@@EconomicsExplained bruh, I'm itching for you to ditch the stock footages.
@@Angglio what's he supposed to use
Duo isn't holding my family hostage Hope your family escaped from Duo who didn’t hold them hostage
Jojo real footage? From other youtubers
Can you economically explain why I haven't done anything productive in the last week?
Sound like you need a 'Stimulus Package' :)
ehh, well if you haven't been fired yet, I suppose you are minimising resource use to maximise income!
If you haven't gotten the virus, or spread it to anyone else, you've saved thousands of dollars in personal hospital bills, burial costs,, spread those same savings to everyone you both did and didn't interact with, and saved your local hospital thousands of dollars in overtime for terminally overworked healthcare workers.
Its character stupid!
Your job's goal is to minimize pay for maximum output. Your goal is to maximize pay while minimizing output. As long as you don't get fired, all you gotta do is enough not to be hassled.
"Tourism has tripled"
Corona: I gonna destroy this country's whole career.
haha you're probably right, I can't imagine them getting that score for 2020. But we will let them have it for now.
*country's
@@EconomicsExplained see, this is why i love your sh*t. great sense of humor for an economist.
@@tompeled6193
Thanks.
God does not pick sides (Joshua chapter 5 delves into this)
“If all the economists were laid end to end, they’d never reach a conclusion.”
--George Bernard Shaw
If economists got laid id be one
4. Stability and Confidence
4. Growth
He has to be doing this in purpose now
See what you did their ;)
Noone:
The world: on fire
An emu in Oceania: Wanna hear about the a city state's economy ,eh?
oi, I am a kangaroo.
Its a FECKIN EMU
ITS NAME IS BORIS
@@EconomicsExplained I am offended by you criticising us birds.
ENOUGH WITH THE MAMMAL MAJORITY , DOWN WITH THE KANGAROOS!
*the US is on fire
*No one
its so small that I can probably whole-ly see all of it
eh.
@@EconomicsExplained ;-;
Popefully I would like to see it one day.
@@bananalord8461 aight have a lil heart
Economics Explained gasps in shock*
“Okay the chips and pop will be $2.25, how will you pay?”
“Bruh I’m the pope”
Name checks out
chips and pop ---> taxes
$2.25 ---> a fuckton of money
spot on
Let's SEE
@@adroitdroid5989 im writing this because there is no save comment function in youtube
"The smallest widely recognized souveran state in the world" [The Sovereign Military Order of Malta sighs]
Not sure it counts. Since it doesn't have any land, it doesn't have a size, therefore it cannot be smaller than another entity.
Agree. The Vatican is an INFINITE TIMES BIGGER than The Sovereign Military Order of Malta.
State =/= sovereign military
They don't have any territory, and only a dozen or so citizens.
And they aren't really sovereign as they're subjects of the papacy...
The financial independence of individual Catholic parishes is something that so many people seem to overlook. Especially lately with all the controversies about churches receiving coronavirus aid from the Trump administration, people have to realize that many, if not most parishes struggle just to support themselves. Even smaller parishes employ lay people to do administrative tasks, organize events, maintain the church grounds, etc.
Thomas Maddox this comments needs to be boosted.
@@user-nf9xc7ww7m In fairness, catholic priests all willingly join the organization, and it's not like the individual parishes don't support each other at all, sometimes churches may ask parishioners to donate, and that money will be given to another parish for upkeep, building costs etc. Additionally, all churches globally were affected by the pandemic so it's not like theirs a massive excess of money floating around.
@@user-nf9xc7ww7m well that is a good point, the Catholic church can't be compared with a corporation. When a corporation turns a profit the money will either be invested back into the business, or saved into the company account or squirreled away by the executives. However, as the video states, most of the donations given to the church are spent on upkeep, or given to various charitable causes. Additionally, there are more ways to offer support than money. Just at my local church, I've had different priests from 4 continents who have been sent over by the higher-ups, so while the individual churches may not receive monetary support, they may receive help from Rome in other ways.
@Darknees XL Where is the pope's jet, or any newly commissioned mansion? If you could direct me to where to look then I will, but as it stands you haven't substantiated your claims.
And the poor……homelessness and political abuses have diminished because of the Vatican……….said NOBODY……………
1: size
2: GDP per capita
4: stability and confidence
4: growth
5: industry
🤔
?
This is a problem with all video with leaderboard. I am not sure how it has not been noticed till now.
ahh haha you know nobody ever pointed that out
Paste a 3 with duct tape
What is the problem ?
Dude, your analysis is top notch. But what really makes you my most favorite channel by a loooooooong shot is your rate of putting out material. I can watch a new video of yours so often that you've legit become a part of my routine that I look forward to.
I was so prepared for him to show a picture of Istanbul when he said "This is Vatican City"
This is by far the most architecturally beautiful video of this youtube channel.
You mentioned that the Vatican City is a Monarchy. Due to their belief that the Pope is always accurate when speaking in his religious duties from the Holy See, as well as the Papacy not directly following a hereditary line (aside from their statement that they all follow Peter), I thought the Vatican would be termed a Theocracy by definition, not a Monarchy. Am I wrong in this thought?
@David Anthony De La Cruz Monarchy is inherited. The Pope isn't inherited that position, but chosen in a long process from the Cardinals.
@@fduranthesee False, many monarchies were elective. Most were theocracies like the Vatican.
The Netherlands and the Holy Roman Empire both are good examples of former elective monarchies.
Well actually its a "Theocratic Non-Hereditary Absolute Monarchy" 🇻🇦
It's a theocracy and a monarchy, the pope is also the king of the Vatican
@@hyperion3145 the "elected" emperors of the Holy Roman Empire still got their electable position from inheritance though. The Habsburgs were already royals, while the popes don't even have to come from an influential background (francis was a janitor in his youth)
slight correction: the Pope isn't a king. Before someone links the cpgrey vid yeah, he made made a slip up in the video. The pope is a monarch yes, but monarch (litterally one-ruler) includes a multitude of titles like dukes, counts, sultans, emperors and a multitude of others. The one the pope falls under is 'sovereign', not king. If the pope was a king we'd be calling it the kingdom of the Vatican city.
A sovereign just means a ruler. A monarch means one ruler (usually inherited but not always, elective monarchies are a thing). A king is usually the title for a male monarch. The Pope is a theocratic king (in Latin he's literally called Pontifex Maximus, the Supreme Priest).
The names of countries do not always match the government. The Roman Empire and Byzantium both referred to themselves as the "Senate and People of Rome" and sometimes the "Roman Republic" despite not being a republic most of the time and not owning Rome for most of the Byzantine period. A more proper name for Vatican City would be the Vatican Catholic Commune since it only really has part of a city.
@@hyperion3145 not entirely. He is The Pope, and that is all of titles he needs. Even at highs and lows of papal state times (anything between fall of rome till creation of Italy 150y or so ago) he was more than mere kings or Emperor of holy roman empire (technicaly ... some kings and emperors had somewhat different views on matter, usually accompanied with sword) . So do not bother give him labels or titles he does not have need for :). And theocracy is neither monarchy, nor monarchy of priests. They are different goverment types and while they may be at times similarities to monarchy you can also say that theocracy in Iran is Kapitalistic Comunism of priests, which is ofc same BS ...
Is the Jesuit Pope over and above in leadership of the Pope people more commonly know of? Aka the white pope?
This is one of the best TH-cam channel for marco-geo political economics. I really appreciate the quality of knowledge and info they share for a normal people like me.
Not to be corny thank you for making such informed and interesting videos man. I truly look forward everytime I am notified of a new release.
So unusual I was thinking of this just today, thanks Mr. Aussie Econ guy!
I live in Italy and, while uncommon, it is possible to see circulating Vatican euro coins. Once i got a Benedict XVI 50 cent coin as change from a coffee vending machine. Special limited editions however are minted in small numbers and sought after by collectors. Both the Vatican and San Marino have been making quite a bit of money off postage stamps/coin collectors since they adopted the lira.
This was a most subtle and unexpected explanation of the theology of the Two Kingdoms. You might not have even realized that! Top job mate.
Last time I was this early, Italy was still divided
ooh, that is early.
Last time I was this early humans did not live in Italy
“If you can't explain it to a six year old, you don't understand it yourself.”
― Albert Einstein
Great explanation!
Can you explain General relativity to 6 year old?🤔🤔
Can you explain Ww2 to a six year old?
@@gametmane1093 probably
Feynman: " If you could explain it to the average person, it would not have been worth a Nobel prize."
@@alchemist6819 there's a difference between explaining it and having the 6 year old understand it
Finally a story of the economics of the strange vatican
hopefully I do the topic justice :)
@@EconomicsExplained im italian from rome and nobody talks about it👌
@@EconomicsExplained I think you explained it very well! A lot of people assume all the money around the world is going to the Vatican.
17:02 nice shot of San Felipe de Neri Church in Albuquerque in the segment on the Catholic Church’s US “market.” It really shows off the historic church and the New Mexican sky. There were many, more famous locations in this video, but I appreciate this one the most. Good job including interesting and relevant images and video clips to keep this video visually interesting.
What an interesting video. Thank you for the time put on this.
Last time I was this early, Sevastopol was called Sevasto-POOR.
LMAOOO
Last time I was this early, the Tartars still lived in Crimea
Last time I was this early, Death star was still only a plan.
last time i was this early,Kaliningrad was still Koniggratz
Last time i as this early, Goolag is still a thing
At 8:52 I would like to comment that it is not true for all coins. I am Italian and over the course of 3 years I have found 3 50cent coin from Vatican city just circulating around from change
not bad! hope you held onto them.
@@EconomicsExplained I will! Awesome video btw
I found three coins in my gas station in the holy sees biggest market of America, gave one to my friend the cannon lawyer.
@@marcschaeffer1584 I didn't know cannons have lawyers lol you mean Canon Lawyers.
I did too, but I accidentally spent 2 of them. Am so angery
Hey, I was the one who requested this. And man, it is complex and cool. Thank you. Love it.
.
.
.
Although I don't know if I was even noticed.
Love these videos! You should do a video going back and ranking countries you did before starting the system
Hey,!I suggest you to do a video about about the economics of Argentina, it's a "peculiar" country when it comes to its economy.
It's one that we will actually be doing really soon!
@@EconomicsExplained I am an Argentinian and i would like you to analize monetary policies and sindicate corporations of Argentina from your perspective, if you want i can translate something you need.
Argentina? I thought its name was Peronia.
Argentina once had the largest or at least one of the largest GDP per capita in the world around 1895. Must a be a good example of how not to manage an economy after that.
@@David-bi6lf Yes, exactly.
Love how its still shaped like a medieval star fortress
Finally, a much essential take on what feels like a totally closed topic.
Thanks EE. You guys have brought out just the unthinkable. Keep up thr efforts. 💓
The only other channel that's equally competent in giving the most information is *Business Casual*.
can you do "the economy of wakanda" please, i know its not a real place but from an economist perspective would its economy thrive and survive with its secretive nature
That's an interesting one. May give that one a thought for sure!
Here's the summary: it doesn't work. Resources, even super natural ones, don't create innovation. People do. Specifically, economically free people. Those with free exchange of thoughts and interests.
Such an economy is not depicted in Black Panther. It's just magically super teched while being isolated from the world.
Did the movie ever said who they even sell all that valuable vibrantium to?
@@SangoProductions213 Maybe Vibranium is just so magical it automatically makes innovation.
@@oscarword775 Then Captain America's shield probably should have turned into a space ship by now. ;)
That big telescope in Arizona is on the mountain next to my hometown. When the mountain got a big forest fire, the Vatican dumped a ton of money into getting that fire put out. Well, at least it seemed like a lot of money to rural AZans.
"How many divisions do they have?" - Stalin, when told about how influential Vatican is.
And you learned that from Hoi4
@@friendlycrusader8892 It was some book about Stalin, haven't played hois. But it's good they have interesting quotes from the leaders.
John Paul II made sure that what stalin said didn't matter, thankfully
Stalin is now dead and his country no longer exists. The Vatican is still one of the most most influential institutions on earth. Your move, tankies.
@@toahordika6 "The Vatican is still one of the most most influential institutions on earth." - In area of covering up pedophilia perhaps. Otherwise countries do not care much what vatican says. WW2 was good example of it. Vatican didn't do anything against nazis.
I was just in the Vatican City / Rome while I was in Italy for a few months and wow! Amazing to tour around when there is nobody around, I was very lucky
Great video! Hoping to see one about Romania soon!
Nice work. In similar ways the Athonian Economy works. It's the economy of Mount Athos, a "monastery state" in Greece with great financial and political status in the Orthodox world.
The ranking of country economies was a brilliant addition to the series. My suggestion, on making it better, is to make a video (or a couple) in which the economies, of countries, that were explored before the introduction of the ranking system would be ranked and placed on the list. This would give us a complete overview of how the rankings compete against each other. Thank you for considering it and if it is possible I hope to see the videos. Cheers
I certainly did enjoy the video. Thank you.
I'd like to see more about Andorra, San Marino, Isle of man (and other non-UK, but under the British Crown countries) and, of course, my home country Cyprus (featuring the Northern part).
Thanks again.
This is so crazy to learn about!
Hey you should make a video on what the future world economy may look like, that would be a fun video!
That would just be speculation about the future and its almost impossible to speculate accurately, especially about something as vauge as a world economy.
Yeah, let him get his magic crystal ball and do video about future
A video about Spain?
I think it would be interesting. Is the last ''big'' economy without video (It's the 12/13 biggest world economy, 2019 data)
Joaquin Cimas It would be great
Is that why northern Europe is currently fighting over how much we need to give you? 😇 your big economy?
@@Ju-bj3ko Well, no, obviously the reason is the combination of how much Spain has suffered and how much money your country and their friends can reasonably spend. They don't agree on how those stack up, so they fight. It's not like Spain doesn't have a big economy; northern Europe has just been less affected and still has a good set of economies, and they're also ridiculously charitable people.
thank you ,so informative,God bless
Im only a minute in, but I just wanted to say that I really like the way you lay out your videos. You have a topic, and usually have 3 questions to ask on that topic. It makes things very easy to grasp :)
EE we want a video on economics of scams and con.
Let's see how they stack up against banking and accounting industries.
imagine living in a nation whose rank is lower than Vatican city
*Sad Brasil noises*
You should make a video on the economics of the porn industry. OnlyFans, Pornhub, etc.
hahaha, an interesting one for sure but I feel like mr algorithm would not like that!
@@EconomicsExplained but a big chunk of the market haha
So economics of twitch?
@@EconomicsExplained Economics of Vice
@@EconomicsExplained you're an economist, you specifically should be able to see the ramifications in subscribers this would have. You taught us to think in the long term, prove your mettle boyo
Should do a video ranking all the countries that you have previously covered in other videos.
Hey you should make a video on the economy of the middle ages espetially in europe
Hey Economics Explained, love your videos! I was wondering if you could do a video about the economics of free post secondary education? I live in Canada and our university and college programs are definitely not free like some European countries and I’d like to know if free tuition is viable in all countries and what sorts of trade offs do nations and governments have to make to make to offer it, as well as how does it effect the citizens of that country! Thank you for your hard work on these videos!
wow, you're going to be at 1mil subs soon
On the ranking of nations you went number 1,2,4,4. I saw this last time aswell, so probably a good idea to edit it out for the next video :)
Great video, as usual. One small correction: It's "The Catholic Church." "Roman" refers to the rite. There are other rites, e.g., Melkite, Syro-Malabar, etc. all of which are in communion with the Pope.
That's correct.
It's the Catholic church.
the telescope is actually part of the church's astronomic research. if i recall, the church's astronomic research is among the oldest.
Yeah i I recall the Catholic church has hand in many science fields.
People don't realize that whilst religious many of the upper ranking clergy men have stem degree... Besides the idea that the world is created by god and so we must learn about it which I've heard.
epic vid ngl
underrrated channel
Thanks mate, glad you enjoyed!
Still waiting for the Austria video, can't wait to get to know some facts I didn't know about my country and flame your team for getting things wrong :P
Hey mate!
Love your contents,I watch every episode.I have a question for you,are you going to make a video on Bangladesh?
I am!
I was hoping that you'd do a video on Venice
interesting one. Maybe a historical look. But it's not really a nation per say.
@@EconomicsExplained Oh! Sorry, I meant Venice the city-state prior to the Age of Exploration. It seems far more economically interesting to me than Rome.
@@EconomicsExplained Middle age Venice would be interesting. A city state so rich and powerful that it can stand up against much bigger kingdoms.
Check out for the War of the League of Cambrai!
@@dr_evil8686 I thought Venice had more territory than just the city? Or am I stupid?
@@oscarword775 no no, you are right! Especially after the 15th century, during the Renaissance. But before then, in the middle ages, Venice owned only small coastal colonies and commercial landings and was effectively a city state :)
Did anybody else notice that Stability+Confidence and Growth are both numbered '4' in the rankings at the end? I think it's like this on the other videos too.
Not all properties owned by the Holy See are extraterritorial, only those specified in the Lateran Treaty or embassies (Apostolic Nunciatures). The observatory in Arizona is neither and falls under U.S. law
The Holy See is (the "Chair of Peter," Sancta Sedes, etc.) a self-perpetuating ecclesiastical office that is not nearly as weird as suggested. It is very much like a secular throne that manifests traditional monarchical sovereignty. No one thinks it at all weird in a kingdom to say "the throne" this and "the throne" that. "The throne" is the office of the sovereign as distinct from the incumbent human sovereign. Human manifestations of that sovereignty occupy the throne, they come and go, but the throne continues, carrying property and rulership rights with it. It is so with the Holy See. It is an ecclesiastical see/chair/throne. The sovereign rulership of the Vatican City is a secular office (the prince/king of Vatican City) held in personal union with the Holy See by the occupant of the latter office.
4:55 "The Holy See is an invisible and hard to define power that acts in mysterious ways and uses the Pope as a vessel to communicate with the world."
You need more credit for your brilliant writing.
I was looking for a comment on that brilliant line
I live in Italy (not Rome) and I was given Vatican euro coins as change a couple of times. So it’s possible to come across them in daily life but very rare, for a collector it’s better to just buy a full set in a coin shop (it isn’t that expensive if you buy a set from the same year or one year back), unless you like challenges.
Do one on the City of London. Another city/polity within a city/polity
Just a little more, all properties of the Church in Italy (hospitals, schools, churches, real estate) is not taxed because of the Lateran Pacts
Not only in Italy. Almost everywhere they’re above the tax law.
All around they are above the tax laws which is bs
CoyoteOcean
Well since Saint Matthew was originally a tax collector, they’ve always known how to get around that sort of thing.
@@Abk367 I agree completely. If a religious institution cannot get by with taxes or is using most of its wealth on helping the community I think it shouldn’t be taxed
Reminds me of how Church of the Highlands- one of the largest churches in America- gets a few million dollars a year in tithes, but they spend less than the national average on staff and spent a huge portion of that on missions work, supporting new churches, etc...
Yeah, on paper the top people could be filthy rich but in reality most of the money goes to charitable works and supporting other churches.
A similar video about San Marino would be nice.
Can you make a video where you go back to rank the nations you already made an episode on?
The Vatican is a theocracy, not a monarchy. Significant difference ngl
Since you're covering theocracies, I think it would be interesting to do a video comparing Saudi Arabia's economy with the economic power wielded by its royals.
Hi. last time u gave me ♥️
Thank u
will you also add the nations that you already discussed to the leaderboard? Maybe as a complation video or something? :)
Yes soon :)
@@EconomicsExplained very nice :) looking forward to it!
The Vatican City State ranks higher than Brazil on your list.
What about the Economy of Denmark, or is too similar to Norway/Sweden ;?
we will eventually do it, we plan to do every country in the world soon enough :)
Economics Explained would love some old countries too like ex Yugoslavia or Rhodesia
@@EconomicsExplained That would be insane. I can't wait!
Thanks. Seems like a non-biased video.
Are you going to do a really long video at some point where you go back over the previous countries you did and just give them a score (so as to fill out your leaderboard)?
as a catholic it's always funny how economists try to explain the Church and how manages money, that said, one of the things that people don't understand is that the sole purpose of the Church is the pursue of faith through reason, fide et ratio as Pope John Paul II said, that's why the Church have that weird telescope shown at 4:24 ,and also why people find the Church kind of a weird entity, it's the only institution that I know of that try to explain the universe using both reason and faith, that's what most people don't understand, unfortunately the Church itself haven't be able to explain it too well in the past couple of decades, but that's another debate, as always great video!
Seems like only reason is enough and faith has no place left.
You probably haven't seen Judaism then. It's built entirely around using reason to find solutions and solve problems while following a strict ethical doctrine.
It should also be noted that the Catholic Church was not always progressive or reasonable... In fact, to the outside world, most people think it historically stifled rational thinking with the expulsions of heretics, denouncing things like the piano and coffee as sin while also executing thousands for reinterpreting the Bible. Recently a nun was exocommunicated for noting that Virgin Mary was not a virgin in the original text but what was interpreted as "virgin" was mistranslated from "young" while the original Hebrew and Aramaic texts were being translated. This was not new but it is definitely not a rational or even reasonable decision to make, but altering the original text and killing off the writers was also something the Catholic Church was intent on doing.
@@hyperion3145 I dont know much about that nun case you said, but what I can say is that new ideas within the Church must always be intensively discussed before drawing any conclusion, since it MUST be in accordance with a dogma dating back to Christ Himself and the canonical scripture, the Church can never be progressive at the pace the modern world dictates it to be, and although we had unfortunate cases throughout history, the fundamental purpose was never forgoten.
@@Marvinzum which is one of the motives people nowadays find no meaning in life
@@Marvinzum lol...an old,worn, failed and tried argument.
The economics of the Republic of Ireland would be good.
Strong trading economy, close trading relationships with US/UK/EU, interesting economic distortions around corporate profits and aircraft leasing, big role as pharmaceutical hub, corporate hq's, big beef industry and sonon
tax haven
@@fabioferrarese5600
Not correct
And why the citizens of Ireland have no where to live.
It would be interesting to learn the economics of the Church of England, that's a topic far less discussed but I am sure very interesting.
Could you do a video on the economic integration of the soon-to-be East African Federation, the hurdles when it comes to integrating economies and the place the EAF might have globally and regionally economic wise?
We all know what Vatican holds in their secret forbidden to enter libraries is the infinity gauntlet(!)
Raid the Vatican Archives: They can't @#%# us all
@@kenneth5355 Random Priest *is that a challenge*
@@kenneth5355 Actually ... if enough people stormed the place instantly you probably could ... i doubt vatican city has enough law enforcement to stop such an occasion and the question becomes whether the police of italy itself would intervene or whether that would constitute a breach of sovereignty. It's quite likely you could storm the place before the Italians make up their mind of actually intervening. If you do it fast enough, you might even just elect a new pope and declare a revolution ;D
Nah, it's probably just all their records of sexual abuse allegations against Catholic priests.
@@kenneth5355 The secret library isn't that secret: secret simply meant private and when states turned from entities relating to a person (eg. monarchies) to subjects of their own the word secret was kept - very oversimplified. Though recently the name was changed and 'secret' is not part of it anymore, as it is now a misleading term. And if the Vatican Archive is the treasure of humankind it is styled to be by those, who shun its secreteness, raiding it is the greatest disservice to humankind.
To understand it:
1. It is the private library of the Pope. All his writings after his death, from personal letters, semi-official ones, papal documents, and any written legal action will be stored in there. And Popes produce a lot of writing - and due to ease of writing nowadays, what they produce in writing is growing from Pope to Pope. As I said: a lot. So it is an always growing library.
2. It is huge! Really really huge. It is estimated to have 85km of shelves. Of course there are hidden gems in there but not even the organizers of the Archive themselves have any idea where to find them. Just think about organizing this stuff, that you might refind sth. after you have found sth. And it is very hard to judge how valueable sth. is to a historian and almost insane to allow anybody to go in there roam the shelves and pulling out books that they might be interested in! Apart from the fact, that this might be biggest waste of time for any scholar interested to study sources for a given subject any semblence of order would be lost in a matter of hours (even disregarding the danger of plain thievery). Even the archivers themselves don't walk to the looked for manuscript: they drive. It's a planned for trip: combined with fetching other manuscript and bringing back others and orderly storing them away so that they may be found again: if a manuscript is even stored in the shelve next to it, it might quite possibly not be refound in a century.
3. Organisation. It has several different archive systems devollepd and changed over centuries and some again forgotten, sometimes just stuffed in there. Then when trying to organize this kind of stuff - it is much easier to do that with more recent documents for various reasons - a simple example for this is, that in the case of book titles and any sort of hint on the contents of a given manuscript on the outside is a very late invention only *starting* with the printing press.
4. They are trying to digitize it and use software as a help but just remember how much pages there are to scan, all the while handling the very paper with utmost delicacy. Software can be only of very limited help if most of the stuff is handwritten and this also with the varying styles of centuries and huge amount different languages and over time varying dialects. Of course you want to prioritize the most important books. Actually they are working on digitalizing 82.000 of their most valuable manuscripts. Just think about this amount! This would be a huge library of its own.
5. The interest in thourough organization of the archive is actually quite late as the method of scholarly throurough work in acquiring access to various different sources and actively looking for those, that are not yet commonly known amongst scholars of a given subject, is actually rather new (think of Gibbon's history of the Fall of Rome, which was indeed a revolution in source work in history as a science, but is pretty abismal by today's standard). So the interest of scholars in the vatican archives is comparatively young especially young compared to the age of the archive
6. Funding is limited. It does not produce revenue. Scholars are charged nothing. It is financed solely by the Papacy and the Papacy has much more limited funds than commonly imagined all the while having to finance a huge variety of other stuff (which you might have taken up on in this video). How poor the Vatican City and the Holy See are in cash flows does not come quite clear in the Video: both have roughly a (combined) budget of 700 million Dollars, with the latter currently running a deficit of 70 million. Compare this with these budgets: University of Vienna (500+ million Euros), Oxford University (2.4 billions!), Harvard University (4.5 billion!). This might help you to understand how thight the budget of the Vatican actually is - all the while running the center piece of the largest organization in the world (the finances of the Church as whole are as decentralized as can be, which is both a product of history and practicability).
7. Professional personal is hard to come by: given the fact that being Archivist might not be chosen by many people tp begin with and not many people studying history - simply being a good archivist does not fulfill the job requirements at all. You also need to be an excellent historian scholar not only fluent in a variety of languages, also being able to read and understand historical changing varieties of language and a historically changing variety of scripts thereof.
That there is the access to scholars, that there is - at all - might be greatest achievement of archiving (and maybe budgeting as well) in all of history. At the very least appreciate the huge work that is done. and don't demand the impossible.
Such a HUUUGE small nation
the bigliest
It feel like i can tell this guy my problems and he will have the right answer for them
감사합니다♥
City of London:are we a joke to u🤣😂
Exactly
Are you ever gonna release the points for your already reviewed nations?
Hi, do you have plans to go back to economies you've already covered to add them to your rankings list?
The economics of States or Provinces, Do we really need them? would a single undivided country perform better?
Yes, no
Perform what?
Papal states have entered the chat
The Holy Roman emperor has left the chat.
Underrated
Do you think you will ever do the economics of Denmark? Perhaps with a discussion of the future economical opportunity’s of Greenland?
Economics of lawyers
can you imagine a world without lawyers?
@@EconomicsExplained sure but I'd rather not have no aid in navigating the law or council for settling civil or criminal grievances. It's nice to fantasize about a world where lawyers aren't necessary, but our current world without lawyers sounds like an actual nightmare.
@@user-nf9xc7ww7m They're just arguing different rights. That's all.
Last time I was this early, the romans had overthrown their king.
The economics of Uruguay!
Any plans on making a video about the prospects and implications of CANZUK?
Economics of Namibia? I don't know if there's enough data available for you, but Namibia is in many ways a socio-economic oddity.
we will do it eventually, we hope to one day have every country in the world finished.
Is it possible to do economics of Iraq?
(I've seen a less than ideal number of videos about it)
We will do it eventually for sure :)
@@EconomicsExplained Yay!!