Bindseil, Ulrich; Pfeil, Christian - In: Journal of Institutional and Theoretical Economics (JITE) 155 (1999) 4, pp. 738-738
In the period from the 9th to the 12th century, Germany witnessed essential steps from a backward agrarian society towards a considerable degree of specialization and trade. The two main institutional innovations of this development were the rise of market places (until the 11th century) and...