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purchasing power of industrial wages) that only the very rich could afford to buy these textiles: that the principal markets were …
Persistent link: https://www.econbiz.de/10005704782
In 1306, at the peak of a severe financial and monetary crisis, Philippe the Fair expelled the Jews from his kingdom, declared himself creditor of their debts, seized their property and auctioned it off. Was this a clever move, financially speaking? Did Philippe gain more, by killing the goose...
Persistent link: https://www.econbiz.de/10005827267
The objectives of this paper are three-fold. The first is to rebut Charles Kindleberger�s famous dictum that usury �belongs less to economic history than to the history of ideas�; and in particular to demonstrate that the resuscitation of the anti-usury campaign from the early...
Persistent link: https://www.econbiz.de/10005827219
for Florence: for its luxury woollens industry soon became late-medieval Italy's single most important export …-eminent leaders - those in the southern Low Countries (Flanders and Brabant); and in Mediterranean markets of this era, Florentine … reorientation to very narrow luxury markets, with very restricted demand; and especially the complete dependence on imported, tax …
Persistent link: https://www.econbiz.de/10010850123
In a path-breaking but largely overlooked study, published in a festchrift thirty years ago (1975), Herman Van der Wee provided a comparison of prices and real wages of building craftsmen in the regions of Antwerp and south-eastern England, from 1400 to 1700. To do so, he constructed a composite...
Persistent link: https://www.econbiz.de/10005704755
This study is a much revised and extended version of two previously issued working papers on the production, sale, and consumption of woollen textiles in England and the Low Countries, from the fourteenth to the sixteenth centuries. It focuses on the hey-day of the production and international...
Persistent link: https://www.econbiz.de/10005704757
If mankind’s three basic necessities have always been food, clothing, and shelter, whose production, trade, and consumption have rightly been a primary focus of economists and economic historians for many generations, we may ask this vital question: how do they distinguish between necessities...
Persistent link: https://www.econbiz.de/10005704785
This study analyses the impact of Protestantism on interest rates in England from the 16th century to the Industrial Revolution. One of many myths about the usury doctrine - the prohibition against demanding anything above the principal in a loan (mutuum) - is that it ceased to be observed in...
Persistent link: https://www.econbiz.de/10009144870
The renown or infamy of Henry VIII's Great Debasement (1542 - 1553), which the government of his successor, Edward VI, continued for another six years after his death, has unfairly obscured his earlier and far more modest coinage changes and public-spirited monetary policies. Furthermore,...
Persistent link: https://www.econbiz.de/10008742964
Coinage debasement in medieval and early modern Europe remains an ill-understood topic; and indeed an often cited article ("The Debasement Puzzle": Velde and Weber, 1996) sought to demonstrate that coinage debasements were both impractical and economically futile. The purpose of this study is to...
Persistent link: https://www.econbiz.de/10011132479