By Christopher Dyer
Christopher Dyer examines the transition within the economic climate and society of britain among 1250 and 1550. utilizing new resources of proof, he demonstrates that vital structural adjustments after 1350 equipped at the advertisement development of the 13th century. He indicates that improvement of person estate, reaction to new intake styles, and use of credits and funding, got here from the peasantry instead of the aristocracy. An Age of Transition?, an important new paintings through a best medievalist, unearths how England used to be set heading in the right direction to turn into the 'first business nation'.
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Extra info for An Age of Transition?: Economy and Society in England in the Later Middle Ages (The Ford Lectures Delivered in the University of Oxford in Hilary Term 2001)
506–8; ii. 466. A New Middle Ages 22 N T R. nt re Castle Donington R. Wrea ke Loughborough Mountsorrel Ashby de la Zouch Melton Mowbray LEICESTER R . Soa r Market Bosworth Hallaton Hinckley Market Harborough County town Lutterworth Market town 0 5 10mls Minor or doubtful town 0 10 20km Fig. 2. Towns in Leicestershire in the fourteenth century. Source: see n. 50. with their rural surroundings, and which could ensure a flow of goods and people between towns, including the carriage of bulky and relatively cheap commodities such as grain, herring, fodder, fuel, and building materials.
To these must be added the man-made destruction and instability of large-scale and prolonged war, beginning in the mid-1290s, with its associated high taxes and monetary problems. The expense of trade (‘transaction costs’) in money, time, and anguish was raised by military threats and customs duties. The market eventually became glutted, as demand for traded and manufactured goods reached a ceiling. 78 The growth in population may have had its own momentum, but it had been stimulated by the prospect of employment which commercial expansion encouraged.
In the same way a downturn in trade discouraged marriage and depressed fertility. The results of the crisis are more easily identified than its enigmatic causes. Its importance lies in its promotion of structural change. There was a degree 75 C. , Everyday Life, 23–5. 76 R. M. Smith, ‘Human Resources’, in G. Astill and A. ), The Countryside of Medieval England (Oxford, 1988), 202–11. 77 D. M. Nicholas, ‘Economic Reorientation and Social Change in Fourteenth-Century Flanders’, P&P 70 (1976), 5–13; J.
An Age of Transition?: Economy and Society in England in the Later Middle Ages (The Ford Lectures Delivered in the University of Oxford in Hilary Term 2001) by Christopher Dyer