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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.
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.
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.
'David Carpenter deserves to replace Sir James Holt as the standard authority, and an unfailingly readable one too.' Ferdinand Mount, TLS 'An invaluable new commentary' Jill Leopore, New Yorker With a new commentary by David Carpenter "No free man shall be seized or imprisoned, or stripped of his rights or possessions, or outlawed or exiled, or deprived of his standing in any other way, nor will we proceed with force against him, or send others to do so, except by the lawful judgment of his equals or by the law of the land." Magna Carta, forced on King John in 1215 by rebellion, is one of the most famous documents in world history. It asserts a fundamental principle: that the ruler is subject to the law. Alongside a new text and translation of the Charter, David Carpenter's commentary draws on new discoveries to give an entirely fresh account of Magna Carta's text, origins, survival and enforcement, showing how it quickly gained a central place in English political life. It also uses Magna Carta as a lens through which to view thirteenth-century society, focusing on women and peasants as well as barons and knights. The book is a landmark in Magna Carta studies. 2015 is the 800th anniversary of Magna Carta's creation - an event which will be marked with exhibitions, commemorations and debates in all the countries over whose constitutions and legal assumptions the shadow of Magna Carta hangs.
The conflict that swept over France from 1337 to 1453 remains the longest military struggle in history. A bitter dynastic fight between Plantagenet and Valois, The Hundred Years War was fought out on the widest of stages while also creating powerful new nationalist identities. In his vivid new history, Michael Prestwich shows that it likewise involved large and charismatic individuals: Edward III, claimant to the French throne; his son Edward of Woodstock, the Black Prince; wily architect of the first French victories, Bertrand du Guesclin; chivalric hero Jean Boucicaut; inspirational leader Henry V, unlikely winner at Agincourt (1415), who so nearly succeeded in becoming King of France; and the martyred Maid of Orleans, Joan of Arc, thought to be divinely inspired. Offering an up-to-date analysis of military organization, strategy and tactics, including the deadly power of English archery, the author explains the wider politics in a masterful account of the War as a whole: from English victory at Sluys (1340) to the turn of the tide and French revival as the invader was driven back across the Channel.
A major reassessment of the vikings and their legacy The Vikings maintain their grip on our imagination, but their image is too often distorted by myth. It is true that they pillaged, looted, and enslaved. But they also settled peacefully and traveled far from their homelands in swift and sturdy ships to explore. The Age of the Vikings tells the full story of this exciting period in history. Drawing on a wealth of written, visual, and archaeological evidence, Anders Winroth captures the innovation and pure daring of the Vikings without glossing over their destructive heritage. He not only explains the Viking attacks, but also looks at Viking endeavors in commerce, politics, discovery, and colonization, and reveals how Viking arts, literature, and religious thought evolved in ways unequaled in the rest of Europe. The Age of the Vikings sheds new light on the complex society, culture, and legacy of these legendary seafarers.
‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Robinson Rössner shows how, when looked at in the face of history, it has usually been the other way around. This book follows the development of capitalism from the Middle Ages through the industrial revolution to the modern day, casting new light on the areas where premodern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations. Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.
Turold, Wadard and Vitalis: Why Are They on the Bayeux Tapestry?
The links between Cornwall, a county frequently considered remote and separate in the Middle Ages, and the wider realm of England are newly discussed. Winner of The Federation of Old Cornwall Societies (FOCS) Holyer an Gof Cup for non-fiction, 2020. Stretching out into the wild Atlantic, fourteenth-century Cornwall was a land at the very ends of the earth. Within itsboundaries many believed that King Arthur was a real-life historical Cornishman and that their natal shire had once been the home of mighty giants. Yet, if the county was both unusual and remarkable, it still held an integral place in the wider realm of England. Drawing on a wide range of published and archival material, this book seeks to show how Cornwall remained strikingly distinctive while still forming part of the kingdom. It argues that myths, saints, government, and lordship all endowed the name and notion of Cornwall with authority in the minds of its inhabitants, forging these people into a commonalty. At the same time, the earldom-duchy and the Crown together helped to link the county into the politics of England at large. With thousands of Cornishmen and women drawn east of the Tamar by the needs of the Crown, warfare, lordship, commerce, the law, the Church, and maritime interests, connectivity with the wider realm emerges as a potent integrative force. Supported by a cast of characters ranging from vicious pirates and gentlemen-criminals through to the Black Prince, the volume sets Cornwall in the latest debates about centralisation, devolution, and collective identity, about the nature of Cornishness and Englishness themselves. S.J. DRAKE is a Research Associate at the Institute of Historical Research. He was born and brought up in Cornwall.
A clear and accessibly written guide to the medieval cloth-making trade in England.