Early markets and the market cross

George Williams

A chapter in Economic Action in Theory and Practice: Anthropological Investigations, 2010, pp 257-274 from Emerald Group Publishing Limited

Abstract: The market cross was a common structure and symbol used in early markets in England and Scotland. Although its precise origin is obscure, its use appears to be connected with religious traditions. Early markets in medieval Britain, especially rural markets with no central authority present, likely faced obstacles in serving as places of trade between strangers. Many market towns and trading centers did exist at church or religious gatherings, but these might have followed pre-Christian or pagan sites, and similarly, the market cross itself may be related to the pre-Christian practice of constructing stone pillars to create trade sanctuaries or to represent a divine witness. Such structures used as religious symbols, therefore, are likely to have facilitated the emergence of impersonal markets of exchange.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eme:reanzz:s0190-1281(2010)0000030014

DOI: 10.1108/S0190-1281(2010)0000030014

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