Financial legislation demonstrates the advancing role of law in the later middle ages.

This book challenges the notion that economic crises are modern phenomena through its exploration of the tumultuous ‘credit-crunch’ of the later Middle Ages. It illustrates clearly how influences such as the Black Death, inter-European warfare, climate change and a bullion famine occasioned severe and prolonged economic decline across fifteenth century England. Early chapters discuss trends in lending and borrowing, and the use of credit to fund domestic trade through detailed analysis of the Statute Staple and rich primary sources. The author then adopts a broad-based geographic lens to examine provincial credit before focusing on London’s development as the commercial powerhouse in late medieval business. Academics and students of modern economic change and historic financial revolutions alike will see that the years from 1353 to 1532 encompassed immense upheaval and change, reminiscent of modern recessions. The author carefully guides the reader to see that these shifts are the precursors of economic change in the early modern period, laying the foundations for the financial world as we know it today.

Drawing on an array of archival evidence from court records to the poems of Chaucer, this work explores how medieval thinkers understood economic activity, how their ideas were transmitted and the extent to which they were accepted. Moving beyond the impersonal operations of an economy to its ethical dimension, Hole’s socio-cultural study considers not only the ideas and beliefs of theologians and philosophers, but how these influenced assumptions and preoccupations about material concerns in late medieval English society. Beginning with late medieval English writings on economic ethics and its origins, the author illuminates a society which, although strictly hierarchical and unequal, nevertheless fostered expectations that all its members should avoid greed and excess consumption. Throughout, Hole aims to show that economic ethics had a broader application than trade and usury in late medieval England.

Surveying government and crowd responses ranging from the late Middle Ages through to the early modern era, Buchanan Sharp's illuminating study examines how the English government responded to one of the most intractable problems of the period: famine and scarcity. The book provides a comprehensive account of famine relief in the late Middle Ages and evaluates the extent to which traditional market regulations enforced by thirteenth-century kings helped shape future responses to famine and scarcity in the sixteenth century. Analysing some of the oldest surviving archival evidence of public response to famine, Sharp reveals that food riots in England occurred as early as 1347, almost two centuries earlier than was previously thought. Charting the policies, public reactions and royal regulations to grain shortage, Sharp provides a fascinating contribution to our understanding of the social, economic, cultural and political make-up of medieval and early modern England.

The Black Death of 1348-9 is the most catastrophic event and worst pandemic in recorded history. After the Black Death offers a major reinterpretation of its immediate impact and longer-term consequences in England. After the Black Death reassesses the established scholarship on the impact of plague on fourteenth-century England and draws upon original research into primary sources to offer a major re-interpretation of the subject. It studies how the government reacted to the crisis, and how communities adapted in its wake. It places the pandemic within the wider context of extreme weather and epidemiological events, the institutional framework of markets and serfdom, and the role of law in reducing risks and conditioning behaviour. The government's response to the Black Death is reconsidered in order to cast new light on the Peasants' Revolt of 1381. By 1400, the effects of plague had resulted in major changes to the structure of society and the economy, creating the pre-conditions for England's role in the Little Divergence (whereby economic performance in parts of north western Europe began to move decisively ahead of the rest of the continent). After the Black Death explores in detail how a major pandemic transformed society, and, in doing so, elevates the third quarter of the fourteenth century from a little-understood paradox to a critical period of profound and irreversible change in English and global history.

Numerous aspects of the medieval economy are covered in this new collection of essays, from business fraud and changes in wages to the production of luxury goods. Long dominated by theories of causation involving class conflict and Malthusian crisis, the field of medieval economic history has been transformed in recent years by a better understanding of the process of commercialisation. Inrecognition of the important work in this area by Richard Britnell, this volume of essays brings together studies by historians from both sides of the Atlantic on fundamental aspects of the medieval commercial economy. From examinations of high wages, minimum wages and unemployment, through to innovative studies of consumption and supply, business fraud, economic regulation, small towns, the use of charters, and the role of shipmasters and peasants as entrepreneurs, this collection is essential reading for the student of the medieval economy. Contributors: John Hatcher, John Langdon, Derek Keene, John S. Lee, James Davis, Mark Bailey, Christine M. Newman, Peter L. Larson, Maryanne Kowaleski, Martha Carlin, James Masschaele, Christopher Dyer

This book examines the view of women held by medieval common lawyers and legislators, and considers medieval women’s treatment by and participation in the processes of the common law. Surveying a wide range of points of contact between women and the common law, from their appearance (or not) in statutes, through their participation (or not) as witnesses, to their treatment as complainants or defendants, it argues for closer consideration of women within the standard narratives of classical legal history, and for re-examination of some previous conclusions on the relationship between women and the common law. It will appeal to scholars and students of medieval history, as well as those interested in legal history, gender studies and the history of women.