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The 'New Institutional Economics' and the Changing Fortunes of Fairs in Medieval and Early Modern Europe: the Textile Trades, Warfare, and Transaction Costs

Munro, John H. - Volkswirtschaftliche Fakultät, … - 2000

This paper revisits, modifies, and combines elements of three major ‘institutional’ international-trade models, none of which has yet fully received the attention that it deserves, to provide a new explanation for the growth, decline, and then rebirth of internationally-oriented fairs in the...

Persistent link: https://www.econbiz.de/10005835820

Hanseatic commerce in textiles from the Low Countries and England during the Later Middle Ages: changing trends in textiles, markets, prices, and values, 1290 - 1570

Munro, John H. - Volkswirtschaftliche Fakultät, … - 2007

era when the ‘draperies’ or cloth industries of the late-medieval Low Countries and England had become increasingly … transaction costs that, in turn, had three major consequences for the Low Countries’ and England’s textile-based economies: (1) to … Countries and England to re-orient their export-oriented cloth production more and more towards high-priced ultra-luxury quality …

Persistent link: https://www.econbiz.de/10005837276

Industrial energy from water-mills in the European economy, 5th to 18th Centuries: the limitations of power,

Munro, John H. - Volkswirtschaftliche Fakultät, … - 2002

The water-mill, though known in the Roman Empire from the second century BCE, did not come to enjoy any widespread use until the 4th or 5th centuries CE, and then chiefly in the West, which was then experiencing not only a rapid decline in the supply of slaves, but also widespread depopulation,...

Persistent link: https://www.econbiz.de/10005837349

The medieval origins of the 'Financial Revolution': usury, rentes, and negotiablity

Munro, John H. - Volkswirtschaftliche Fakultät, … - 2002

of annuities or rentes, and bills of exchange, is generally thought to have originated in eighteenth century England; but …

Persistent link: https://www.econbiz.de/10005031390