Drawing on an array of archival evidence from court records to the poems of Chaucer, this work explores how medieval thinkers understood economic activity, how their ideas were transmitted and the extent to which they were accepted. Moving beyond the impersonal operations of an economy to its ethical dimension, Hole’s socio-cultural study considers not only the ideas and beliefs of theologians and philosophers, but how these influenced assumptions and preoccupations about material concerns in late medieval English society. Beginning with late medieval English writings on economic ethics and its origins, the author illuminates a society which, although strictly hierarchical and unequal, nevertheless fostered expectations that all its members should avoid greed and excess consumption. Throughout, Hole aims to show that economic ethics had a broader application than trade and usury in late medieval England.

The Routledge History of Emotions in Europe: 1100–1700 presents the state of the field of pre-modern emotions during this period, placing particular emphasis on theoretical and methodological aspects of current research. This book serves as a reference to existing research practices in emotions history and advances studies in the field across a range of scholarly approaches. It brings together the work of recognized experts and new voices, and represents a wide range of international and interdisciplinary perspectives from different schools of research practice, including art history, literature and culture, philosophy, linguistics, archaeology and music. Throughout the book, central and recurrent themes in emotional culture within medieval and early modern Europe are highlighted from different angles, and each chapter pays specialist attention to illustrative examples showing theory and method in application. Exploring topics such as love, war, sex and sexuality, death, time, the body and the family in the context of emotional culture, The Routledge History of Emotions in Europe: 1100–1700 reflects the sharp rise in scholarship relating to the history of emotions in recent years and is an essential resource for students and researchers of the history of pre-modern emotions.

This book asks why tax policy is both attracted to and repelled by the idea of justice. Accepting the invitation of economist Henry Simons to acknowledge that tax justice is a theological concept, the work explores theological doctrines of taxation to answer the presenting question. The overall message of the book is that taxation is an instrument of justice, but only when taxes take into account multiple goods in society: the requirements of the government, the property rights of society’s members, and the material needs of the poor. It is argued that this answer to the presenting question is a theological and ethical answer in that it derives from the insistence of Christian thinkers that tax policy take into account material human need (necessitas). Without the necessitas component of the tax balance, tax systems end up honoring only one of the three components of the tax equation and cease to reflect a coherent idea of justice. The book will be of interest to academics and researchers working in the areas of tax law, economics, theology, and history.

First published as part of the best-selling The Oxford Illustrated History of Britain, John Gillingham and Ralph A. Griffiths' Very Short Introduction to Medieval Britain covers the establishment of the Anglo-Norman monarchy in the early Middle Ages, through to England's failure to dominate the British Isles and France in the later Middle Ages. Out of the turbulence came stronger senses of identity in Scotland, Wales, and Ireland. Yet this was an age, too, of growing definition of Englishness and of a distinctive English cultural tradition. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

This important study examines the market trade of medieval England by providing a wide-ranging critique of the moral and legal imperatives that underpinned retail trade. James Davis shows how market-goers were influenced not only by practical and economic considerations of price, quality, supply and demand, but also by the moral and cultural environment within which such deals were conducted. This book draws on a broad range of cross-disciplinary evidence, from the literary works of William Langland and the sermons of medieval preachers, to state, civic and guild laws, Davis scrutinises everyday market behaviour through case studies of small and large towns, using the evidence of manor and borough courts. From these varied sources, Davis teases out the complex relationship between morality, law and practice and demonstrates that even the influence of contemporary Christian ideology was not necessarily incompatible with efficient and profitable everyday commerce.

The Invisible Hand? offers a radical departure from the conventional wisdom of economists and economic historians, by showing that 'factor markets' and the economies dominated by them — the market economies — are not modern, but have existed at various times in the past. They rise, stagnate, and decline; and consist of very different combinations of institutions embedded in very different societies. These market economies create flexibility and high mobility in the exchange of land, labour, and capital, and initially they generate economic growth, although they also build on existing social structures, as well as existing exchange and allocation systems. The dynamism that results from the rise of factor markets leads to the rise of new market elites who accumulate land and capital, and use wage labour extensively to make their wealth profitable. In the long term, this creates social polarization and a decline of average welfare. As these new elites gradually translate their economic wealth into political leverage, it also creates institutional sclerosis, and finally makes these markets stagnate or decline again. This process is analysed across the three major, pre-industrial examples of successful market economies in western Eurasia: Iraq in the early Middle Ages, Italy in the high Middle Ages, and the Low Countries in the late Middle Ages and the early modern period, and then parallels drawn to England and the United States in the modern period. These areas successively saw a rapid rise of factor markets and the associated dynamism, followed by stagnation, which enables an in-depth investigation of the causes and results of this process.

The Southampton brokage books are the best source for English inland trade before modern times. Internal trade always matched overseas trade. Between 1430 and 1540 the brokage series records all departures through SouthamptonÕs Bargate, the owner, carter, commodity, quantity, destination and date, and many deliveries too. Twelve such years make up the database that illuminates SouthamptonÕs trade with its extensive region at the time when the city was at its most important as the principal point of access to England for the exotic spices and dyestuffs imported by the Genoese. If SouthamptonÕs international traffic was particularly important, the townÕs commerce was representative also of the commonplace trade that occurred throughout England. Seventeen papers investigate SouthamptonÕs interaction with Salisbury, London, Winchester, and many other places, long-term trends and short-term fluctuations. The rise and decline of the Italian trade, the dominance of Salisbury and emergence of Jack of Newbury, the recycling of wealth and metals from the dissolved monasteries all feature here. Underpinning the book are 32 computer-generated maps and numerous tables, charts, and graphs, with guidance provided as to how best to exploit and extend this remarkable resource. An accompanying web-mounted database (http://www.overlandtrade.org) enables the changing commerce to be mapped and visualised through maps and trade to be tracked week by week and over a century. Together the book and database provide a unique resource for Southampton, its trading partners, traders and carters, freight traffic and the genealogies of the middling sort.

The Late Middle Ages (c.1300–c.1500) saw the development of many of the key economic institutions of the modern unitary nation-state in Europe. After the ‘commercial revolution’ of the thirteenth century, taxes on trade became increasingly significant contributors to government finances, and as such there were ever greater efforts to control the flow of goods and money. This book presents a case study of the commercial and financial links between the kingdom of England and the duchy of Aquitaine across the late-medieval period, with a special emphasis on the role of the English Plantagenet government that had ruled both in a political union since 1154. It establishes a strong connection between fluctuations in commodity markets, large monetary flows and unstable financial markets, most notably in trade credit and equity partnerships. It shows how the economic relationship deteriorated under the many exogenous shocks of the period, the wars, plagues and famines, as well as politically motivated regulatory intervention. Despite frequent efforts to innovate in response, both merchants and governments experienced a series of protracted financial crises that presaged the break-up of the union of kingdom and duchy in 1453, with the latter’s conquest by the French crown. Of particular interest to scholars of the late-medieval European economy, this book will also appeal to those researching wider economic or financial history.

The Black Death of 1348-9 is the most catastrophic event and worst pandemic in recorded history. After the Black Death offers a major reinterpretation of its immediate impact and longer-term consequences in England. After the Black Death reassesses the established scholarship on the impact of plague on fourteenth-century England and draws upon original research into primary sources to offer a major re-interpretation of the subject. It studies how the government reacted to the crisis, and how communities adapted in its wake. It places the pandemic within the wider context of extreme weather and epidemiological events, the institutional framework of markets and serfdom, and the role of law in reducing risks and conditioning behaviour. The government's response to the Black Death is reconsidered in order to cast new light on the Peasants' Revolt of 1381. By 1400, the effects of plague had resulted in major changes to the structure of society and the economy, creating the pre-conditions for England's role in the Little Divergence (whereby economic performance in parts of north western Europe began to move decisively ahead of the rest of the continent). After the Black Death explores in detail how a major pandemic transformed society, and, in doing so, elevates the third quarter of the fourteenth century from a little-understood paradox to a critical period of profound and irreversible change in English and global history.