This book is an economic analysis of the Kipper und Wipper inflation of 1619–23, the most serious German inflation before the hyperinflation following World War I, with a particular focus on how it affected people's lives and behavior. The volume features full-page reproductions of rare contemporary broadsheets—early forerunners of the modern newspaper—with striking illustrations and engaging texts. Published here in their entirety and for the first time in superb English translation, they are a unique window on society at the time and give a voice to the people who were actually devastated by the inflation.
Monetary law is essential to the functioning of private transactions and international dealings by the state: nearly every legal transaction has a monetary aspect. Money in the Western Legal Tradition presents the first comprehensive analysis of Western monetary law, covering the civil law and Anglo-American common law legal systems from the High Middle Ages up to the middle of the 20th century. Weaving a detailed tapestry of the changing concepts of money and private transactions throughout the ages, the contributors investigate the special contribution made by legal scholars and practitioners to our understanding of money and the laws that govern it. Divided in five parts, the book begins with the coin currency of the Middle Ages, moving through the invention of nominalism in the early modern period to cashless payment and the rise of the banking system and paper money, then charting the progression to fiat money in the modern era. Each part commences with an overview of the monetary environment for the historical period written by an economic historian or numismatist. These are followed by chapters describing the legal doctrines of each period in civil and common law. Each section contains examples of contemporary litigation or statute law which engages with the distinctive issues affecting the monetary law of the period. This interdisciplinary approach reveals the distinctive conception of money prevalent in each period, which either facilitated or hampered the implementation of economic policy and the operation of private transactions.
La dinamica dei prezzi è uno degli argomenti classici della storia economica. L'attenzione per questo tema fu particolarmente viva a partire dagli anni trenta del novecento, in tutti i paesi europei. I materiali raccolti e pubblicati a quell'epoca continuano a costituire una base documentaria importante per ogni ricerca sull'andamento economico delle economie pre-industriali. L'interesse per i prezzi si ridusse dagli anni settanta agli anni novanta. È ripreso, tuttavia, negli ultimi quindici-venti anni come conseguenza della rinnovata attenzione per il tema della crescita e per i cambiamenti di lungo periodo nelle economie del passato. Il confronto fra i livelli di sviluppo di economie diverse, come quella europea e quella asiatica, insieme con l'uso di strumenti statistici più avanzati nel campo della storia economica, ha rafforzato l'interesse per i prezzi. I contributi presenti in questo volume si articolano intorno a due macro-temi: La formazione dei prezzi nelle economie e società pre-industriali durante i secoli dal XII all'inizio del XIX e il movimento dei prezzi nel lungo periodo, nonché il rapporto esistente con quello di altre variabili economiche e non-economiche, quali la popolazione, la massa monetaria, il prodotto, la produttività, la velocità di circolazione della moneta, i cambiamenti nelle istituzioni.
This volume presents Martin Luther’s contribution to the modern economic sciences, providing a detailed introduction and revised translation of his major pamphlet on economic matters, ‘On Commerce and Usury’ (‘Von Kauffshandlung vnd Wucher’, 1524). In his teachings on indulgences Luther picked up on the question of hoarding money, and was among the earliest voices in early modern Europe calling for an ‘ethical’ economics. Luther’s work prefigured many later contributions to modern economic theory, from the mercantilists and cameralists to the German Historical School.
An Economist and Sunday Times Best Book of the Year “Deserves to be hailed as a magnum opus.” —Tom Holland, The Telegraph “Ambitious...seeks to rehabilitate the Holy Roman Empire’s reputation by re-examining its place within the larger sweep of European history...Succeeds splendidly in rescuing the empire from its critics.” —Wall Street Journal Massive, ancient, and powerful, the Holy Roman Empire formed the heart of Europe from its founding by Charlemagne to its destruction by Napoleon a millennium later. An engine for inventions and ideas, with no fixed capital and no common language or culture, it derived its legitimacy from the ideal of a unified Christian civilization—though this did not prevent emperors from clashing with the pope for supremacy. In this strikingly ambitious book, Peter H. Wilson explains how the Holy Roman Empire worked, why it was so important, and how it changed over the course of its existence. The result is a tour de force that raises countless questions about the nature of political and military power and the legacy of its offspring, from Nazi Germany to the European Union. “Engrossing...Wilson is to be congratulated on writing the only English-language work that deals with the empire from start to finish...A book that is relevant to our own times.” —Brendan Simms, The Times “The culmination of a lifetime of research and thought...an astonishing scholarly achievement.” —The Spectator “Remarkable...Wilson has set himself a staggering task, but it is one at which he succeeds heroically.” —Times Literary Supplement
The Rise of the Military Entrepreneur explores how a new kind of international military figure emerged from, and exploited, the seventeenth century's momentous political, military, commercial, and scientific changes. In the era of the Thirty Years' War, these figures traveled rapidly and frequently across Europe using private wealth, credit, and connections to raise and command the armies that rulers desperately needed. Their careers reveal the roles international networks, private resources, and expertise played in building and at times undermining the state. Suzanne Sutherland uncovers the influence of military entrepreneurs by examining their activities as not only commanders but also diplomats, natural philosophers, information brokers, clients, and subjects on the battlefield, as well as through strategic marital and family allegiances. Sutherland focuses on Raimondo Montecuccoli (1609–80), a middling nobleman from the Duchy of Modena, who became one of the most powerful men in the Austrian Habsburg monarchy and helped found a new discipline, military science. The Rise of the Military Entrepreneur explains how Montecuccoli successfully met battlefield, court, and family responsibilities while contributing to the world of scholarship on an often violent, fragmented political-military landscape. As a result, Sutherland shifts the perspective on war away from the ruler and his court to instead examine the figures supplying force, along with their methods, networks, and reflections on those experiences.
The Tyranny of Nations places the ground-shaking political and economic events of modern times in context. Palak Patel draws on his experience investing in government bond markets to demonstrate how the present fits a specific historical pattern that has defined the past 500 years. Modern-day trade liberalization and financial expansion all share distinct parallels with similar events in the 1600s and 1800s. Likewise, China's economic trajectory matches that of 19th-century Prussia and 17th-century France. And a certain British Prime Minister, foreshadowing Donald Trump's populism 150 years later, launched a similar attack on globalization after the financial crisis of 1866. In The Tyranny of Nations, there are no "isms"--no capitalism, socialism, or feudalism--but instead, only privileged interests vying for power. Challenging both the mainstream and its critics, Palak Patel shows how an endless cycle of cooperation and conflict between nations drives societal change. This unique perspective on the intersection of macroeconomics, history, and politics offers the reader a compass for navigating the future.
The contributors use fresh archival research from Spain, Portugal, Brazil, Bolivia, Mexico, and the Philippines to examine the lives of slaves and farmworkers as well as self-serving magistrates, bishops, and traders in contraband.
This abridgment of Tryntje Helfferich's acclaimed 2009 anthology The Thirty Years War features an expanded General Introduction and annotation designed to support student readings in swift-moving surveys of European and World history.
Austria Supreme (if it so wishes) (1684) provides a translation of and a scholarly introduction to the Austrian-German Mercantilist classic Oesterreich über Alles Wann es Nur Will (1684) by Philipp Wilhelm von Hörnigk. Published a few months after the unsuccessful 1683 siege of Vienna by the Turks, a turning point in European history, the book stayed in print for more than 100 years. This was the most widely read German language economic textbook of the period, containing, in a nutshell, the essential ingredients of economic strategy that would make Austria and Europe grow rich and eventually overtake the rest of the world as the first world region that experienced an industrial revolution. In Oesterreich über Alles Wann es Nur Will Hörnigk updates and redefines the Mercantilist political economy – a strategy for achieving national wealth and political strength simultaneously by building up a competitive domestic manufacturing industry with the help of the state. Austria Supreme (if it so wishes) (1684) is the first-ever English translation of a work whose importance for European economic development and the ‘European Miracle’ cannot be overestimated.
