MUNRO, John H. - University of Toronto, Department of Economics - 2012
taken from both England and Flanders (up to ca. 1500): i.e., from both a basically rural agrarian economy (England) and a … depopulation (falling perhaps from ca. 1320) - by about 50% in England ca. 1450 - drastically altered the land:labour ratio so that … Hundred Years' War and by civil wars in Flanders. Deflation resumed in the very late 15th century, enduring until the eve of …
