#middleages #medievalhistory #politicalscience #economy
Throughout the 12th century, liquid money increased in circulation as Medieval Europe faced economic and population expansion. Society also saw increased commerce and trade, in what Medievalists call the “Commercial Revolution” of the Middle Ages. These changes led to, among other things, disputes over land, more land clearances, and a growing land market. In England especially, the land market became mature enough that financial speculation and investment became real activities in the Middle Ages. Financial activity regarding land and property rose so much that one could argue that the very first Real Estate bubble happened in Medieval England.
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- What Really Were Medieval Knights?
The Crisis of the Twelfth Century (outline only):
- The Age of Lordship (875-1150)
- The Experience of Power (1050-1150)
- Crises of Power (1060-1150)
- Intrusions of Government (1150-1215)
- Celebration and Persuasion (1160-1225)
Fantasy Lore:
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The Great Famine:
- The Famine in Rural Lands
- The Famine in Cities
- Epilogue
References
Bell, Adrian R., Chris Brooks, and Helen Killick. “Medieval property investors, ca. 1300–1500.” Enterprise & Society 20.3 (2019): 575-612.
Bell, Adrian R., Chris Brooks, and Helen Killick. “A reappraisal of the freehold property market in late medieval England.” Continuity and change 34.3 (2019): 287-313.
Bell, Adrian R., Chris Brooks, and Helen Killick. “The first real estate bubble? Land prices and rents in medieval England c. 1300–1500.” Research in International Business and Finance 62 (2022): 101700.
Schaller, Huntley, and Simon van Norden. “Fads or bubbles?.” Empirical Economics 27 (2002): 335-362.
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Middle Ages | Medieval History | Political Science | Economics