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Features the Palazzo Medici, a building designed by Florentine architect Michelozzo Michelozzi that during the Middle Ages served as the house of Florence's ruler Cosimo de' Medici. Description of the house's interiors; Move by other affluent families in Florence, Italy, to erect their own private palaces; Illustrious guests that the Medici family entertained at the Palazzo.

Presents a biographical sketch of Cosimo de' Medici, head of one of the most powerful families in Florence, Italy, in the Middle Ages. Early education; Effort by Cosimo's father to train him to run the Medici family banking business; Cosimo's increased political influence in the 1400s; His manipulation of the tax system to ruin his enemies.