Credit and Trade in Later Medieval England, 1353-1532


Book Description

This book challenges the notion that economic crises are modern phenomena through its exploration of the tumultuous ‘credit-crunch’ of the later Middle Ages. It illustrates clearly how influences such as the Black Death, inter-European warfare, climate change and a bullion famine occasioned severe and prolonged economic decline across fifteenth century England. Early chapters discuss trends in lending and borrowing, and the use of credit to fund domestic trade through detailed analysis of the Statute Staple and rich primary sources. The author then adopts a broad-based geographic lens to examine provincial credit before focusing on London’s development as the commercial powerhouse in late medieval business. Academics and students of modern economic change and historic financial revolutions alike will see that the years from 1353 to 1532 encompassed immense upheaval and change, reminiscent of modern recessions. The author carefully guides the reader to see that these shifts are the precursors of economic change in the early modern period, laying the foundations for the financial world as we know it today.




Mortality, Trade, Money and Credit in Late Medieval England (1285-1531)


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.




Household Goods and Good Households in Late Medieval London


Book Description

Household Goods and Good Households in Late Medieval London looks at how increased consumption in the aftermath of the Black Death reconfigured long-held gender roles and changed the domestic lives of London's merchants and artisans for years to come.




Enterprise, Money and Credit in England before the Black Death 1285–1349


Book Description

This book charts the contributions made to the development of the late medieval English economy by enterprise, money, and credit in a period which saw its major export trade in wool, which earned most of its money-supply, suffer from prolonged periods of warfare, high taxation, adverse weather, and mortality of sheep. Consequently, the economy suffered from severe shortages of coin, as well as from internal political conflicts, before the plague of 1348-9 halved the population. The book examines from the Statute Merchant certificates of debt, the extent to which credit, which normally reflects economic activity, was affected by these events, and the extent to which London, and the leading counties were affected differently by them. The analysis covers the entire kingdom, decade by decade, and thereby contributes to the controversy whether over-population or shortage of coin most inhibited its development.




New Medieval Literatures 24


Book Description

This volume continues the series' engagement with intellectual and cultural pluralism in the Middle Ages, showcasing the best new work in this field. New Medieval Literatures is an annual of work on medieval textual cultures Its scope is inclusive of work across the theoretical, archival, philological, and historicist methodologies associated with medieval literary studies, and embraces the range of European cultures, capaciously defined. Texts analysed here range in date from the late ninth or early tenth centuries to the fifteenth century, and in provenance from the eastern part of the Hungarian kingdom to the British Isles. European understandings of the world are explored in several essays, including historiographical perspectives on the Mongol Empire and "world-building" in the romances of the Round Table. In their consideration of translation - of English diplomatic texts into French, of the Latin Boethius into Old English, of Old Turkic and Mongolian into Latin - several contributors reveal complex medieval multilingual societies, while translatio is shown to be weaponised in international scholarly rivalries. Bibliophilia, book collection, and book production inform identity-formation, shaping both nationalisms and the many-layered identities of fifteenth-century merchants. Several essays engage revealingly with economic humanities. Account books provide traces of book production capacity in the unlikely location of Calais; credit finance provides metaphors for human relations with the divine in the Book of mystic Margery Kempe; and women broker credit in real-world scenarios too. Other essays engage with sensory studies: sight and optics are shown to inform ethnography, while smell and taste - often considered beyond the reach of language - emerge as surprisingly central in some religious and philosophical writings.




Medieval women and urban justice


Book Description

This book provides a detailed analysis of women’s involvement in litigation and other legal actions within their local communities in late-medieval England. It draws upon the rich records of three English towns – Nottingham, Chester and Winchester – and their courts to bring to life the experiences of hundreds of women within the systems of local justice. Through comparison of the records of three towns, and of women’s roles in different types of legal action, the book reveals the complex ways in which individual women’s legal status could vary according to their marital status, different types of plea and the town that they lived in. At this lowest level of medieval law, women’s status was malleable, making each woman’s experience of justice unique.




Medieval English Travel


Book Description

Medieval English Travel: A Critical Anthology is a comprehensive volume that consists of three sections: concise introductory essays written by leading specialists; an anthology of important and less well-known texts, grouped by destination; and a selection of supporting bibliographies organised by type of voyage. This anthology presents some texts for the first time in a modern edition. The first section consists of six companion essays on 'Places, Real and Imagined', 'Maps the Organsiation of Space', 'Encounters', 'Languages and Codes', 'Trade and Exchange', and 'Politics and Diplomacy'. The organising principle for the anthology is one of expansive geography. Starting with local English narratives, the section moves to France, en-route destinations, the Holy Land, and the Far East. In total, the anthology contains 26 texts or extracts, including new editions of Floris & Blancheflour, The Stacions of Rome, The Libelle of Englyshe Polycye, and Chaucer's Squire's Tale, in addition to less familiar texts, such as Osbern Bokenham's Mappula Angliae, John Kay's Siege of Rhodes 1480, and Richard Torkington's Diaries of Englysshe Travell. The supporting bibliographies, in turn, take a functional approach to travel, and support the texts by elucidating contexts for travel and travellers in five areas: 'commercial voyages', 'diplomatic and military travel', 'maps, rutters, and charts', 'practical needs', and 'religious voyages'.




A Cultural History of Shopping in the Middle Ages


Book Description

A Cultural History of Shopping was a Library Journal Best in Reference selection for 2022. Throughout Europe, the collapse of Roman authority from the 5th century fractured existing networks of commerce and trade including shopping. The infrastructure of trade was slowly rebuilt over the centuries that followed with the growth of beach markets, emporia, seasonal fairs and periodic markets until, in the late Middle Ages, the permanent shop re-emerged as an established part of market spaces, both in towns and larger urban centers. Medieval society was a 'display culture' and by the 14th century there was a marked increase in the consumption of manufactures and imported goods among the lower classes as well as the elite. This volume surveys our understanding of medieval retail markets, shops and shopping from a range of perspectives - spatial, material culture, literary, archaeological and economic. A Cultural History of Shopping in the Middle Ages presents an overview of the period with themes addressing practices and processes; spaces and places; shoppers and identities; luxury and everyday; home and family; visual and literary representations; reputation, trust and credit; and governance, regulation and the state.




Government and Merchant Finance in Anglo-Gascon Trade, 1300–1500


Book Description

The Late Middle Ages (c.1300–c.1500) saw the development of many of the key economic institutions of the modern unitary nation-state in Europe. After the ‘commercial revolution’ of the thirteenth century, taxes on trade became increasingly significant contributors to government finances, and as such there were ever greater efforts to control the flow of goods and money. This book presents a case study of the commercial and financial links between the kingdom of England and the duchy of Aquitaine across the late-medieval period, with a special emphasis on the role of the English Plantagenet government that had ruled both in a political union since 1154. It establishes a strong connection between fluctuations in commodity markets, large monetary flows and unstable financial markets, most notably in trade credit and equity partnerships. It shows how the economic relationship deteriorated under the many exogenous shocks of the period, the wars, plagues and famines, as well as politically motivated regulatory intervention. Despite frequent efforts to innovate in response, both merchants and governments experienced a series of protracted financial crises that presaged the break-up of the union of kingdom and duchy in 1453, with the latter’s conquest by the French crown. Of particular interest to scholars of the late-medieval European economy, this book will also appeal to those researching wider economic or financial history.




Financing in Europe


Book Description

This book explores the evolution of credit and financing in Europe from the Middle Ages through to Modern Times. It engages with the distinct political, economic and institutional frameworks of the examined areas (England, Italy, France, Germany, Spain, the Netherlands and Turkey) and discusses how these affected the credit market. It covers a wide range of different types of lending and borrowing instruments, the destination of capital, the way it was raised, and the impact it had on local or national economies in a very long run. Presented in two parts, part one of the book focuses on credit markets in the preindustrial age, in particular the period before the advent of modern joint stock banks. Part two examines the evolution of credit at the time of the emergence of modern banks. This volume will be of interest to academics and researchers in the field of finance who are interested in the historic evolution of credit and the credit market.