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The English Wool Market, c.1230-1327 (Hardcover)
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The English Wool Market, c.1230-1327 (Hardcover)
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The wool market was extremely important to the English medieval
economy and wool dominated the English export trade from the late
thirteenth century to its decline in the late fifteenth century.
Wool was at the forefront of the establishment of England as a
European political and economic power and this volume is the first
study of the medieval wool market in over 20 years. It investigates
in detail the scale and scope of advance contracts for the sale of
wool; the majority of these agreements were formed between English
monasteries and Italian merchants, and the book focuses on the data
contained within them. The pricing structures and market efficiency
of the agreements are examined, employing practices from modern
finance. A detailed case study of the impact of entering into such
agreements on medieval English monasteries is also presented, using
the example of Pipewell Abbey in Northamptonshire.
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