Money And Its Use In Medieval Europe

This is a full-scale study that explores every aspect of money in Europe and the Middle Ages.

Bringing together essays from experts in a variety of disciplines, this collection explores two of the most important facets of life within the medieval Europe: money and the church. By focusing on the interactions between these subjects, the volume addresses four key themes. Firstly it offers new perspectives on the role of churchmen in providing conceptual frameworks, from outright condemnation, to sophisticated economic theory, for the use and purpose of money within medieval society. Secondly it discusses the dichotomy of money for the church and its officers: on one hand voices emphasise the moral difficulties in engaging with money, on the other the reality of the ubiquitous use of money in the church at all levels and in places within Christendom. Thirdly it places in dialogue interdisciplinary perspectives and approaches, and evidence from philosophy, history, literature and material culture, to the issues of money and church. Lastly, the volume provides new perspectives on the role of the church in the process of monetization in the High Middle Ages. Concentrating on northern Europe, from the early eleventh century to the beginning of the thirteenth century, the collection is able to explore the profound changes in the use of money and the rise of a money-economy that this period and region witnessed. By adopting a multi-disciplinary approach, the collection challenges current understanding of how money was perceived, understood and used by medieval clergy in a range of different contexts. It furthermore provides wide-ranging contributions to the broader economic and ethical issues of the period, demonstrating how the church became a major force in the process of monetization.

Reading Medieval Sources is an exciting new series which leads scholars and students into some of the most challenging and rewarding sources from the European Middle Ages, and introduces the most important approaches to understanding them. Written by an international team of twelve leading scholars, this volume Money and Coinage in the Middle Ages presents a set of fresh and insightful perspectives that demonstrate the rich potential of this source material to all scholars of medieval history and culture. It includes coverage of major developments in monetary history, set into their economic and political context, as well as innovative and interdisciplinary perspectives that address money and coinage in relation to archaeology, anthropology and medieval literature. Contributors are Nanouschka Myrberg Burström, Elizabeth Edwards, Gaspar Feliu, Anna Gannon, Richard Kelleher, Bill Maurer, Nick Mayhew, Rory Naismith, Philipp Robinson Rössner, Alessia Rovelli, Lucia Travaini, and Andrew Woods.

The publication of Peter Spufford’s book Money and its Use in Medieval Europe in 1988 was a major landmark in the history of its subject. It has served as an inspiration for generations of scholars, many of whom have contributed to this volume. The twelve chapters in this volume build upon the themes of Money and its Use in Medieval Europe and take them further. The subjects covered include the use of money in various parts of Europe, Italian mint masters and bankers, debasement, and the use of silver ingots or credit instead of coins.

The importance of money as one of the key variables in the workings of the medieval economy is often overlooked. This new study first provides the reader with a background to the problems of modeling the medieval economy and the value of the Fisher equation of exchange to monetary historians, to the practical processes of striking coins from silver and gold acquired through foreign trade and to the importance of royal control over mints and exchanges. These theories are then used to analyze how money worked within the economy of the early, central, and late middle ages with fluctuations in the size of the circulating medium and the availability of credit acting as either a brake on or a stimulus to economic expansion. A full money economy did not emerge until c. 1300, but its existence and flexibility helped the economy survive the severe shocks of the late middle ages.

Bringing together essays from experts in a variety of disciplines, this collection explores two of the most important facets of life within the medieval Europe: money and the church. By focusing on the interactions between these subjects, the volume addresses four key themes. Firstly it offers new perspectives on the role of churchmen in providing conceptual frameworks, from outright condemnation, to sophisticated economic theory, for the use and purpose of money within medieval society. Secondly it discusses the dichotomy of money for the church and its officers: on one hand voices emphasise the moral difficulties in engaging with money, on the other the reality of the ubiquitous use of money in the church at all levels and in places within Christendom. Thirdly it places in dialogue interdisciplinary perspectives and approaches, and evidence from philosophy, history, literature and material culture, to the issues of money and church. Lastly, the volume provides new perspectives on the role of the church in the process of monetization in the High Middle Ages. Concentrating on northern Europe, from the early eleventh century to the beginning of the thirteenth century, the collection is able to explore the profound changes in the use of money and the rise of a money-economy that this period and region witnessed. By adopting a multi-disciplinary approach, the collection challenges current understanding of how money was perceived, understood and used by medieval clergy in a range of different contexts. It furthermore provides wide-ranging contributions to the broader economic and ethical issues of the period, demonstrating how the church became a major force in the process of monetization.

Newly available in paperback, this is a wonderfully readable account of the role of merchants and money in the medieval world. Professor Spufford, who has made a lifelong study of the subject, brings together a vast amount of material from archives all over the world to build up this important economic history of the origins of capitalism essential reading for the scholar, but also engaging and entertaining to the layman.

Money provides a unique and illuminating perspective on the Middle Ages. In much of medieval Europe the central meaning of money was a prescribed unit of precious metal but in practice precious metal did not necessarily change hands and indeed coinage was very often in short supply. Money had economic, institutional, social, and cultural dimensions which developed the legacy of antiquity and set the scene for modern developments including the rise of capitalism and finance as well as a moralized discourse on the proper and improper uses of money. In its many forms - coin, metal, commodity, and concept - money played a central role in shaping the character of medieval society and, in turn, offers a vivid reflection of the distinctive features of medieval civilization. Drawing upon a wealth of visual and textual sources, A Cultural History of Money in the Medieval Age presents essays that examine key cultural case studies of the period on the themes of technologies, ideas, ritual and religion, the everyday, art and representation, interpretation, and the issues of the age.