Naismith, Rory
Making Money in the Early Middle Ages
- ISBN 13:
- 9780691177403
- author:
- Naismith, Rory
- format:
- Hardback
- publisher:
- Princeton University Press
- language:
- English
- Publication Year:
- 2021
- Pages:
- 540
- Dimensions:
- 23.6 x 15.4 x 4 centimetres (0.9
- Genre:
- Business, Economic History, History,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Coined money played a significant role in early medieval Europe, despite its scarcity and high value. In this study, Rory Naismith examines how it was used by rulers, aristocrats, and peasants between the end of the Roman Empire and the economic transformations of the twelfth century. Naismith argues that using coined money carried special significance when there was less of it around, and he uses detailed case studies to propose a new reading of early medieval money as a point of contact between economic, social, and institutional history. The book explores structural issues such as metal mining and circulation, the use of bullion and other commodities as money, and the chronological development of monetary systems. By examining how coins were used in everyday life - for gifts, rents, and market transactions - Naismith challenges the conventional view that early medieval currency was the domain of elite gift-givers and long-distance traders.
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