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As the premier livery company, the Mercers Company in medieval England enjoyed a prominent role in London's governance and exercised much influence over England's overseas trade and political interests. This substantial two-volume set provides a comprehensive edition of the surviving Mercers' accounts from 1347 to 1464, and opens a unique window into the day-to-day workings of one of England's most powerful institutions at the height of its influence. The accounts list income, derived from fees for apprentices and entry fees, from fines (whose cause is usually given, sometimes with many details), from gifts and bequests, from property rents, and from other sources, and then list expenditures: on salaries to priests and chaplains, to the beadle, the rent-collector, and to scribes and scriveners; on alms payments; on quit-rents due on their properties; on repairs to properties; and on a whole host of other costs, differing from year to year, and including court cases, special furnishings for the chapel or Hall, negotiations over trade with Burgundy, transport costs, funeral costs or those for attendance at state occasions, etc. Included also in some years are ordinances, deeds and other material of which they wanted to ensure a record was kept. Beginning with an early account for 1347-48, and the company's ordinances of that year, the accounts preserved form an entire block from 1390 until 1464. The material is arranged in facing-page format, with an accurate edition of the original text mirrored by a translation into modern English. A substantial introduction describes the manuscripts in full detail and explains the accounting system used by the Mercers and the financial vocabulary associated with it. Exhaustive name and subject indexes ensure that the material is easily accessible and this edition will become an essential tool for all studying the social, cultural or economic developments of late-medieval England.
As residents of fourteenth-century London, Geoffrey Chaucer, John Gower, and Thomas Hoccleve each day encountered aspects of commerce such as buying, selling, and worrying about being cheated. Many of Chaucer’s Canterbury Tales address how pervasive the market had become in personal relationships. Gower's writings include praises of the concept of trade and worries that widespread fraud has harmed it. Hoccleve's poetry examines the difficulty of living in London on a slender salary while at the same time being subject to all the temptations a rich market can provide. Each writer finds that principal tensions in London focused on commerce - how it worked, who controlled it, how it was organized, and who was excluded from it. Reading literary texts through the lens of archival documents and the sociological theories of Pierre Bourdieu, this book demonstrates how the practices of buying and selling in medieval London shaped the writings of Chaucer, Gower, and Hoccleve. Craig Bertolet constructs a framework that reads specific Canterbury tales and pilgrims associated with trade alongside Gower's Mirour de L'Omme and Confessio Amantis, and Hoccleve's Male Regle and Regiment of Princes. Together, these texts demonstrate how the inherent instability commerce produces also produces narratives about that commerce.
The first comprehensive history of marine insurance transacted in London from the industry's beginnings, to the early-nineteenth-century, when legislative change ended parliamentary monopolies over the business.This book describes the development and evolution of the customary, legal, and commercial institutions of marine insurance, alongside its developing organisational structures. It analyses major market interventions during the period, including state-sponsored initiatives in the late sixteenth century, the introduction of new corporate forms in the early eighteenth century, and the formation and maturation of Lloyd's of London. The book examines the impact of crises such as the Smyrna catastrophe of 1693 and the South Sea Bubble, and makes comparisons with developments in other marine insurance markets. In revealing how the London insurance market changed over centuries, the book discusses issues of risk and uncertainty, the financial revolution, the development of trade, and the reciprocal developmental roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.l roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.l roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.l roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.
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.
The third volume of The Agrarian History of England and Wales, which was first published in 1991, deals with the last century and a half of the Middle Ages. It concerns itself with the new demographic and economic circumstances created in large measure by endemic plague.
A Companion to Chaucer and his Contemporaries provides a detailed introduction to medieval culture, broadly considered. This sourcebook gives readers fuller access to Middle English literary works by situating these works within their sometimes alien historical and cultural contexts. Chapters open with an overview that suggests how contemporary debates and attitudes influence meaning in works like the Canterbury Tales, Piers Plowman, and Mankind. The main body of the text is thematically arranged primary documents and illustrations, such as excerpts from the chronicles, law treatises, sermons, court records, medical and alchemical tracts, and performance records, as well as maps and manuscript illustrations.