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Credit and Trade in Later Medieval England, 1353-1532 (Hardcover, 1st ed. 2016)
Loot Price: R4,042
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Credit and Trade in Later Medieval England, 1353-1532 (Hardcover, 1st ed. 2016)
Series: Palgrave Studies in the History of Finance
Expected to ship within 12 - 17 working days
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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.
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