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The European Guilds - An Economic Analysis (Hardcover) Loot Price: R994
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The European Guilds - An Economic Analysis (Hardcover): Sheilagh Ogilvie

The European Guilds - An Economic Analysis (Hardcover)

Sheilagh Ogilvie

Series: The Princeton Economic History of the Western World

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List price R1,071 Loot Price R994 Discovery Miles 9 940 | Repayment Terms: R93 pm x 12* You Save R77 (7%)

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A comprehensive analysis of European craft guilds through eight centuries of economic history Guilds ruled many crafts and trades from the Middle Ages to the Industrial Revolution, and have always attracted debate and controversy. They were sometimes viewed as efficient institutions that guaranteed quality and skills. But they also excluded competitors, manipulated markets, and blocked innovations. Did the benefits of guilds outweigh their costs? Analyzing thousands of guilds that dominated European economies from 1000 to 1880, The European Guilds uses vivid examples and clear economic reasoning to answer that question. Sheilagh Ogilvie's book features the voices of honourable guild masters, underpaid journeymen, exploited apprentices, shady officials, and outraged customers, and follows the stories of the "vile encroachers"-women, migrants, Jews, gypsies, bastards, and many others-desperate to work but hunted down by the guilds as illicit competitors. She investigates the benefits of guilds but also shines a light on their dark side. Guilds sometimes provided important services, but they also manipulated markets to profit their members. They regulated quality but prevented poor consumers from buying goods cheaply. They fostered work skills but denied apprenticeships to outsiders. They transmitted useful techniques but blocked innovations that posed a threat. Guilds existed widely not because they corrected market failures or served the common good but because they benefited two powerful groups-guild members and political elites. Exploring guilds' inner workings across eight centuries, The European Guilds shows how privileged institutions and exclusive networks shape the wider economy-for good or ill.

General

Imprint: Princeton University Press
Country of origin: United States
Series: The Princeton Economic History of the Western World
Release date: February 2019
First published: 2019
Authors: Sheilagh Ogilvie
Dimensions: 235 x 155 x 43mm (L x W x T)
Format: Hardcover - Trade binding
Pages: 672
ISBN-13: 978-0-691-13754-4
Categories: Books > Business & Economics > Economics > Development economics
Books > Business & Economics > Economics > Political economy
Books > Humanities > History > World history > 500 to 1500
Books > Humanities > History > European history > General
Books > Humanities > History > History of specific subjects > Economic history
Books > Business & Economics > Economics > Economic systems > General
Books > History > European history > General
Books > History > History of specific subjects > Economic history
Books > History > World history > 500 to 1500
LSN: 0-691-13754-4
Barcode: 9780691137544

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