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Author: Jim Bolton Publisher: Manchester University Press ISBN: 9780719050404 Category : History Languages : en Pages : 352
Book Description
The importance of money as one of the key variables in the workings of the medieval economy is often overlooked. This new study first provides the reader with a background to the problems of modeling the medieval economy and the value of the Fisher equation of exchange to monetary historians, to the practical processes of striking coins from silver and gold acquired through foreign trade and to the importance of royal control over mints and exchanges. These theories are then used to analyze how money worked within the economy of the early, central, and late middle ages with fluctuations in the size of the circulating medium and the availability of credit acting as either a brake on or a stimulus to economic expansion. A full money economy did not emerge until c. 1300, but its existence and flexibility helped the economy survive the severe shocks of the late middle ages.
Author: Jim Bolton Publisher: Manchester University Press ISBN: 9780719050404 Category : History Languages : en Pages : 352
Book Description
The importance of money as one of the key variables in the workings of the medieval economy is often overlooked. This new study first provides the reader with a background to the problems of modeling the medieval economy and the value of the Fisher equation of exchange to monetary historians, to the practical processes of striking coins from silver and gold acquired through foreign trade and to the importance of royal control over mints and exchanges. These theories are then used to analyze how money worked within the economy of the early, central, and late middle ages with fluctuations in the size of the circulating medium and the availability of credit acting as either a brake on or a stimulus to economic expansion. A full money economy did not emerge until c. 1300, but its existence and flexibility helped the economy survive the severe shocks of the late middle ages.
Author: Pamela Nightingale Publisher: Routledge ISBN: 1000092135 Category : Architecture Languages : en Pages : 300
Book Description
The eleven articles in this volume examine controversial subjects of central importance to medieval economic historians. Topics include the relative roles played by money and credit in financing the economy, whether credit could compensate for shortages of coin, and whether it could counteract the devastating mortality of the Black Death. Drawing on a detailed analysis of the Statute Merchant and Staple records, the articles chart the chronological and geographical changes in the economy from the late-thirteenth to the early-sixteenth centuries. This period started with the triumph of English merchants over alien exporters in the early 1300s, and concluded in the early 1500s with cloth exports overtaking wool in value. The articles assess how these changes came about, as well as the degree to which both political and economic forces altered the pattern of regional wealth and enterprise in ways which saw the northern towns decline, and London rise to be the undisputed financial as well as the political capital of England.
Author: M. Allen Publisher: Springer ISBN: 1137394021 Category : Business & Economics Languages : en Pages : 284
Book Description
Nick Mayhew has made key contributions to fields as diverse as medieval European monetary history, numismatics, financial history, price and wage history, and macroeconomic history. These essays, in his honour, demonstrate the analytical power and chronological reach of the novel interdisciplinary approach he has nurtured in himself and others.
Author: Daniel Lord Smail Publisher: Harvard University Press ISBN: 0674737288 Category : Business & Economics Languages : en Pages : 351
Book Description
As a Europe grew rich in the Middle Ages, the well-made clothes, linens, and wares of households often substituted for hard currency. Pawnbrokers kept goods in circulation, and sergeants of the law marched into debtors’ homes to seize belongings equal in value to debts owed. David Smail describes a material world on the cusp of modern capitalism.
Author: Anne Schuurman Publisher: Cambridge University Press ISBN: 100938595X Category : Literary Criticism Languages : en Pages : 269
Book Description
Anne Schuurman makes the striking argument that medieval literature engenders the spirit of capitalism by defining the sinner as debtor.
Author: Craig E. Bertolet Publisher: Springer ISBN: 3319719009 Category : Literary Criticism Languages : en Pages : 185
Book Description
This is the first collection of essays dedicated to the topics of money and economics in the English literature of the late Middle Ages. These essays explore ways that late medieval economic thought informs contemporary English texts and apply modern modes of economic analysis to medieval literature. In so doing, they read the importance and influence of historical records of practices as aids to contextualizing these texts. They also apply recent modes of economic history as a means to understand the questions the texts ask about economics, trade, and money. Collectively, these papers argue that both medieval and modern economic thought are key to valuable historical contextualization of medieval literary texts, but that this criticism can be advanced only if we also recognize the specificity of the economic and social conditions of late-medieval England.
Author: Christine Desan Publisher: OUP Oxford ISBN: 0191025380 Category : Law Languages : en Pages : 460
Book Description
Money travels the modern world in disguise. It looks like a convention of human exchange - a commodity like gold or a medium like language. But its history reveals that money is a very different matter. It is an institution engineered by political communities to mark and mobilize resources. As societies change the way they create money, they change the market itself - along with the rules that structure it, the politics and ideas that shape it, and the benefits that flow from it. One particularly dramatic transformation in money's design brought capitalism to England. For centuries, the English government monopolized money's creation. The Crown sold people coin for a fee in exchange for silver and gold. 'Commodity money' was a fragile and difficult medium; the first half of the book considers the kinds of exchange and credit it invited, as well as the politics it engendered. Capitalism arrived when the English reinvented money at the end of the 17th century. When it established the Bank of England, the government shared its monopoly over money creation for the first time with private investors, institutionalizing their self-interest as the pump that would produce the money supply. The second half of the book considers the monetary revolution that brought unprecedented possibilities and problems. The invention of circulating public debt, the breakdown of commodity money, the rise of commercial bank currency, and the coalescence of ideological commitments that came to be identified with the Gold Standard - all contributed to the abundant and unstable medium that is modern money. All flowed as well from a collision between the individual incentives and public claims at the heart of the system. The drama had constitutional dimension: money, as its history reveals, is a mode of governance in a material world. That character undermines claims in economics about money's neutrality. The monetary design innovated in England would later spread, producing the global architecture of modern money.
Author: Diane Cady Publisher: Springer Nature ISBN: 3030262618 Category : Literary Criticism Languages : en Pages : 189
Book Description
The Gender of Money in Middle English Literature: Value and Economy in Late Medieval England explores the vital and under-examined role that gender plays in the conceptualization of money and value in a period that precedes and shapes what we now recognize as the discipline of political economy. Through readings of a range of late Middle English texts, this book demonstrates the ways in which gender ideology provided a vocabulary for articulating fears and fantasies about money and value in the late Middle Ages. These ideas inform beliefs about money and value in the West, particularly in realms that are often seen as outside the sphere of economy, such as friendship, love and poetry. Exploring the gender of money helps us to better understand late medieval notions of economy, and to recognize the ways in which gender ideology continues to haunt our understanding of money and value, albeit often in occluded ways.
Author: Giles E. M. Gasper Publisher: Routledge ISBN: 1317094352 Category : History Languages : en Pages : 357
Book Description
Bringing together essays from experts in a variety of disciplines, this collection explores two of the most important facets of life within the medieval Europe: money and the church. By focusing on the interactions between these subjects, the volume addresses four key themes. Firstly it offers new perspectives on the role of churchmen in providing conceptual frameworks, from outright condemnation, to sophisticated economic theory, for the use and purpose of money within medieval society. Secondly it discusses the dichotomy of money for the church and its officers: on one hand voices emphasise the moral difficulties in engaging with money, on the other the reality of the ubiquitous use of money in the church at all levels and in places within Christendom. Thirdly it places in dialogue interdisciplinary perspectives and approaches, and evidence from philosophy, history, literature and material culture, to the issues of money and church. Lastly, the volume provides new perspectives on the role of the church in the process of monetization in the High Middle Ages. Concentrating on northern Europe, from the early eleventh century to the beginning of the thirteenth century, the collection is able to explore the profound changes in the use of money and the rise of a money-economy that this period and region witnessed. By adopting a multi-disciplinary approach, the collection challenges current understanding of how money was perceived, understood and used by medieval clergy in a range of different contexts. It furthermore provides wide-ranging contributions to the broader economic and ethical issues of the period, demonstrating how the church became a major force in the process of monetization.
Author: Dariusz Adamczyk Publisher: Routledge ISBN: 1000382524 Category : Business & Economics Languages : en Pages : 184
Book Description
Monetisation and Commercialisation in the Baltic Sea, 1050–1450 explores the varied uses of silver and gold in the Baltic Sea zone during the medieval period. Ten original contributions examine coins and currencies, trade, economy, and power, taking care to avoid an out-of-date approach to economic history which assumes a progression from ‘primitive’ forms to ‘developed’ structures. Combining a variety of methodological approaches, and drawing on written sources, archaeological and numismatic evidence, and anthropological perspectives, the book considers the various ways in which silver and gold were used as monetary currency, fiscal instruments of power, and gifts in the High and Late Medieval societies of the Baltic Sea. This book will appeal to scholars and students of medieval European history, as well as those interested in economic history, and the history of trade and commerce.
Author: Jim Bolton
Author: Jim Bolton
Author: Pamela Nightingale
Author: M. Allen
Author: Daniel Lord Smail
Author: Anne Schuurman
Author: Craig E. Bertolet
Author: Christine Desan
Author: Diane Cady
Author: Giles E. M. Gasper
Author: Dariusz Adamczyk