Originally published in 1988. The economic changes and the growth
of commerce in fourteenth century England precipitated both social
changes and a preoccupation with material wealth. This book
examines Chaucer's treatment of economic and ethical value in The
Canterbury Tales within the context of contemporary economic and
social change and in relation to the scholastic economic theory
that attempted to formulate ethical standards for commercial
conduct. The importance of value and its determination and
transformation is evident from the two enterprises that Chaucer
defines as the motivating principles for his poem. The pilgrimage
to St. Thomas's shrine should effect a transformation of their
spiritual value. The story-telling competition that produces the
tales themselves is established to judge the value of the pilgrims'
literary productions. In the Middle Ages, economic value and
ethical value were not perceived as unrelated phenomena. Chaucer's
concern with the interrelationship of material and moral value is
apparent in the number of pilgrims who are interested in material
value at the obvious expense of moral value. This book examines
this along with a discussion or money's growing importance in the
late Middle Ages and the determination of its value.
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