 Money and Rural Credit in the Later Middle Ages RevisitedChris Briggs Chapter 7 in Money, Prices and Wages, 2015, pp 129-142 from Palgrave Macmillan Abstract: Abstract In a series of influential papers Nick Mayhew has argued consistently and persuasively for the importance of money in the medieval English economy. He has emphasized, in particular, that the economy was monetized — by which he means that a significant share of all payments were made in coin — from a comparatively early date. The Domesday Book, Mayhew has stressed, shows considerable evidence of rents and taxes being paid in coin in 1086 (Mayhew, 2004; 2007). This process of monetization increased further over the succeeding two centuries and more, and involved the peasantry and the rural economy in general as well as the towns in the extensive use of coin in a wide variety of transactions (Mayhew, 1995a; 2002). Another of Mayhew’s key contributions has been to emphasize the importance of monetary influences on prices, and to argue that in this regard medieval and early modern prices behaved in essentially the same fashion as prices today (Mayhew, 2013b). Keywords: Money Supply; Fifteenth Century; Court Record; Agrarian Credit; Rural Credit (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-1-137-39402-6_8 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan |
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