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El. knyga: Credit and Trade in Later Medieval England, 1353-1532

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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 Londons 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 arethe precursors of economic change in the early modern period, laying the foundations for the financial world as we know it today.
1 The Statute Staple and Trade Finance in Later Medieval England
1(48)
Introduction
1(3)
The Statute Staple
4(3)
Stage One The Recognisance
7(2)
Stage Two The Certificate
9(7)
Stage Three The Extent
16(3)
The Statute Staple and the Financing of English Trade
19(10)
The Repayment of Staple Debts
29(9)
The Charging of Interest in Staple Debts
38(2)
Beyond the Staple: Alternative Sources of Trade Finance
40(9)
2 Merchants and Trade
49(48)
Introduction
49(4)
Staple Credit and Domestic Trade: Wool
53(2)
Thomas Cressy and the Domestic Wool Trade
55(8)
Staple Credit and Domestic Trade: Cloth
63(2)
Cloth Manufacture and Staple Credit
65(4)
The Distribution of Finished Cloth and Staple Credit
69(1)
John Beauchamp and the Domestic Cloth Trade
70(10)
Staple Credit and the Trade in Imports
80(5)
The Trade in Imports at Provincial Towns: Lincoln and Boston, Chichester and Southampton
85(3)
Provincial Merchants and the Trade in Imports: Boket and Fetplace
88(3)
The Trade in Imports: John Norwich and the Turtledoves
91(6)
3 Boom and Bust: Patterns of Borrowing in Later Medieval England
97(50)
Introduction
97(3)
The Later Fourteenth Century: Boom
100(9)
The Early Fifteenth Century: Bust
109(10)
The Later Fifteenth Century: A Faltering Revival
119(2)
The Early Sixteenth Century: Recovery
121(8)
Theoretical Approaches: Long Waves, Shocks and Asset Bubbles
129(18)
4 The Geography of Recession: Provincial Credit in Later Medieval England
147(48)
Introduction
147(9)
Regional Economic Disparity
156(3)
The Central Region
159(3)
The Eastern Region
162(7)
The South West Region and the Geography of Recession
169(12)
The South East Region and the `Irresistible' Pull of London
181(14)
5 London: The Commercial Powerhouse
195(48)
A City of Superlatives
195(3)
The Westminster Staple
198(14)
Size Matters
212(24)
Theoretical Approaches
236(7)
6 Conclusion
243(8)
Bibliography 251(20)
Index 271
Richard Goddard is Associate Professor of Medieval History at the University of Nottingham, UK. He is author of Lordship and Medieval Urbanization: Coventry, 1043-1355 (Woodbridge, 2004) and co-editor of Survival and Discord in Medieval Society (Turnhout, 2010). He has written extensively on the economic and social history of later medieval England.