This paper explores the origins and evolving role of money. It stresses the role of money in solving coordination problems. This role is present with or without exchange. A historical overview of money stresses the evolutionary aspects of monetary institutions. The analysis develops a general...

This paper examines the empirical data relevant in the analysis of the agrarian transformation of England in the Middle Ages. It presents an empirical analysis of available data that investigates the role and extent of resource scarcity in 14th-century England. The analysis offers a way forward...