The importance of money as one of the key variables in the workings of the medieval economy is often overlooked. This new study first provides the reader with a background to the problems of modeling the medieval economy and the value of the Fisher equation of exchange to monetary historians, to the practical processes of striking coins from silver and gold acquired through foreign trade and to the importance of royal control over mints and exchanges. These theories are then used to analyze how money worked within the economy of the early, central, and late middle ages with fluctuations in the size of the circulating medium and the availability of credit acting as either a brake on or a stimulus to economic expansion. A full money economy did not emerge until c. 1300, but its existence and flexibility helped the economy survive the severe shocks of the late middle ages.

The eleven articles in this volume examine controversial subjects of central importance to medieval economic historians. Topics include the relative roles played by money and credit in financing the economy, whether credit could compensate for shortages of coin, and whether it could counteract the devastating mortality of the Black Death. Drawing on a detailed analysis of the Statute Merchant and Staple records, the articles chart the chronological and geographical changes in the economy from the late-thirteenth to the early-sixteenth centuries. This period started with the triumph of English merchants over alien exporters in the early 1300s, and concluded in the early 1500s with cloth exports overtaking wool in value. The articles assess how these changes came about, as well as the degree to which both political and economic forces altered the pattern of regional wealth and enterprise in ways which saw the northern towns decline, and London rise to be the undisputed financial as well as the political capital of England.

This is the first collection of essays dedicated to the topics of money and economics in the English literature of the late Middle Ages. These essays explore ways that late medieval economic thought informs contemporary English texts and apply modern modes of economic analysis to medieval literature. In so doing, they read the importance and influence of historical records of practices as aids to contextualizing these texts. They also apply recent modes of economic history as a means to understand the questions the texts ask about economics, trade, and money. Collectively, these papers argue that both medieval and modern economic thought are key to valuable historical contextualization of medieval literary texts, but that this criticism can be advanced only if we also recognize the specificity of the economic and social conditions of late-medieval England.

The centuries after the Norman Conquest saw the consolidation of a pattern of settlement which lasted, in the main, until the Industrial Revolution. The study of England's medieval foundations is therefore fundamental, but it is a complex subject, with a considerable literature. This book is an attempt to ... give a clear introduction to the economic history of the period, which will equip the reader to tackle the numerous more specialist studies.

Nick Mayhew has made key contributions to fields as diverse as medieval European monetary history, numismatics, financial history, price and wage history, and macroeconomic history. These essays, in his honour, demonstrate the analytical power and chronological reach of the novel interdisciplinary approach he has nurtured in himself and others.

Reading Medieval Sources is an exciting new series which leads scholars and students into some of the most challenging and rewarding sources from the European Middle Ages, and introduces the most important approaches to understanding them. Written by an international team of twelve leading scholars, this volume Money and Coinage in the Middle Ages presents a set of fresh and insightful perspectives that demonstrate the rich potential of this source material to all scholars of medieval history and culture. It includes coverage of major developments in monetary history, set into their economic and political context, as well as innovative and interdisciplinary perspectives that address money and coinage in relation to archaeology, anthropology and medieval literature. Contributors are Nanouschka Myrberg Burström, Elizabeth Edwards, Gaspar Feliu, Anna Gannon, Richard Kelleher, Bill Maurer, Nick Mayhew, Rory Naismith, Philipp Robinson Rössner, Alessia Rovelli, Lucia Travaini, and Andrew Woods.

Bringing together essays from experts in a variety of disciplines, this collection explores two of the most important facets of life within the medieval Europe: money and the church. By focusing on the interactions between these subjects, the volume addresses four key themes. Firstly it offers new perspectives on the role of churchmen in providing conceptual frameworks, from outright condemnation, to sophisticated economic theory, for the use and purpose of money within medieval society. Secondly it discusses the dichotomy of money for the church and its officers: on one hand voices emphasise the moral difficulties in engaging with money, on the other the reality of the ubiquitous use of money in the church at all levels and in places within Christendom. Thirdly it places in dialogue interdisciplinary perspectives and approaches, and evidence from philosophy, history, literature and material culture, to the issues of money and church. Lastly, the volume provides new perspectives on the role of the church in the process of monetization in the High Middle Ages. Concentrating on northern Europe, from the early eleventh century to the beginning of the thirteenth century, the collection is able to explore the profound changes in the use of money and the rise of a money-economy that this period and region witnessed. By adopting a multi-disciplinary approach, the collection challenges current understanding of how money was perceived, understood and used by medieval clergy in a range of different contexts. It furthermore provides wide-ranging contributions to the broader economic and ethical issues of the period, demonstrating how the church became a major force in the process of monetization.

A major reassessment of the vikings and their legacy The Vikings maintain their grip on our imagination, but their image is too often distorted by myth. It is true that they pillaged, looted, and enslaved. But they also settled peacefully and traveled far from their homelands in swift and sturdy ships to explore. The Age of the Vikings tells the full story of this exciting period in history. Drawing on a wealth of written, visual, and archaeological evidence, Anders Winroth captures the innovation and pure daring of the Vikings without glossing over their destructive heritage. He not only explains the Viking attacks, but also looks at Viking endeavors in commerce, politics, discovery, and colonization, and reveals how Viking arts, literature, and religious thought evolved in ways unequaled in the rest of Europe. The Age of the Vikings sheds new light on the complex society, culture, and legacy of these legendary seafarers.

The construction of a church was undoubtedly one of the most demanding events to take place in the life of a medieval parish. It required a huge outlay of time, money and labour, and often a new organisational structure to oversee design and management. Who took control and who provided the financing was deeply shaped by local patterns in wealth, authority and institutional development - from small villages with little formal government to settlements with highly unequal populations. This all took place during a period of great economic and social change as communities managed the impact of the Black Death, the end of serfdom and the slump of the mid-fifteenth century. This original and authoritative study provides an account of how economic change, local politics and architecture combined in late-medieval England. It will be of interest to researchers of medieval, socio-economic and art history.

'David Carpenter deserves to replace Sir James Holt as the standard authority, and an unfailingly readable one too.' Ferdinand Mount, TLS 'An invaluable new commentary' Jill Leopore, New Yorker With a new commentary by David Carpenter "No free man shall be seized or imprisoned, or stripped of his rights or possessions, or outlawed or exiled, or deprived of his standing in any other way, nor will we proceed with force against him, or send others to do so, except by the lawful judgment of his equals or by the law of the land." Magna Carta, forced on King John in 1215 by rebellion, is one of the most famous documents in world history. It asserts a fundamental principle: that the ruler is subject to the law. Alongside a new text and translation of the Charter, David Carpenter's commentary draws on new discoveries to give an entirely fresh account of Magna Carta's text, origins, survival and enforcement, showing how it quickly gained a central place in English political life. It also uses Magna Carta as a lens through which to view thirteenth-century society, focusing on women and peasants as well as barons and knights. The book is a landmark in Magna Carta studies. 2015 is the 800th anniversary of Magna Carta's creation - an event which will be marked with exhibitions, commemorations and debates in all the countries over whose constitutions and legal assumptions the shadow of Magna Carta hangs.