Credit And Trade In Later Medieval England, 1353-1532 (palgrave Studies In The History Of Finance)
by Richard Goddard /
2016 / English / PDF
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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.
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.
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.