Professor Robert Lopez provides an incisive analysis of the economic structure of the Middle Ages. He makes use of modern economic concepts to explain how an underdeveloped economic system gave birth to the commercial revolution through which Europe succeeded in developing itself. The book goes far beyond the familiar picture of medieval European society, with its magnificent cathedrals and imposing castles, to concentrate instead on the walled cities and open countryside, for it was here that the revolution was born. Deftly and concisely, Professor Lopez traces the history of this remarkable economic upheaval which saw the rise of merchants and craftsmen and the decline of agricultural dependence by the society.
The Commercial Revolution of the Middle Ages, 950-1350
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An analysis of the economic structure of the Middle Ages making use of modern economic concepts to explain how an underdeveloped economic system gave birth to the commercial revolution which shaped Europe. Previously published by Prentice-Hall.
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54 of 56 people found the following review helpful:
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Comprehensive review of a misjudged era,
By Dr. Roger McIntyre (Bethel, NC) - See all my reviews
This review is from: The Commercial Revolution of the Middle Ages, 950-1350 (Paperback)
This book reveals that the middle ages were not dead time as most think but the beginning of a transition from self sufficiency to taking advantage of comparative advantage by trading with others. Lopez starts out with a review of the Roman world and its commerce, transitions to the impact of the barbarian invasions, and only then turns to the takeoff of commercial growth. He describes key factors in the takeoff as creation of an agricultural surplus, the business acumen of the Jews, the adventurousness of the Italians, the role of coins and credit, the value of contracts, and developments in transportation. Of particular interest to me were his comments on the objects and patterns of trade, the pre-Columbus Italian explorations for trade, and the role of guilds in furthering and hindering economic growth. The book is well written and easy to read. Readers of this book might also want to look at The Medieval Machine by Gimpel; Cathedral, Forge, and Waterwheel by the Gies as well as Life in a Medieval City. Sacred Trust by Ekelund et al economically analyzes the medieval church as a business firm which also illustrates the commercial flavor of the times. See also N J G Pounds An Economic History of Medieval Europe, and also Gold and Spices.
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Inside This Book
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First Sentence:
History is an ever-changing continuum; without some account of the earlier period, we can hardly understand why the Commercial Revolution was at the same time the end product of a long tradition and the beginning of a new one. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
preindustrial rise, barbarian age, barbarian period, commercial revolution, deposit bankers, heavy plough Key Phrases - Capitalized Phrases (CAPs): (learn more)
Catholic Europe, Byzantine Empire, North Sea, Asia Minor, Black Sea, Carolingian Empire, The Birth of Europe, Benedetto Zaccaria, Central Asia, Hanseatic League, Low Countries New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
History is an ever-changing continuum; without some account of the earlier period, we can hardly understand why the Commercial Revolution was at the same time the end product of a long tradition and the beginning of a new one. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
preindustrial rise, barbarian age, barbarian period, commercial revolution, deposit bankers, heavy plough Key Phrases - Capitalized Phrases (CAPs): (learn more)
Catholic Europe, Byzantine Empire, North Sea, Asia Minor, Black Sea, Carolingian Empire, The Birth of Europe, Benedetto Zaccaria, Central Asia, Hanseatic League, Low Countries New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 20
books:
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32
books
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- The Birth of Europe by Robert Lopez on 5 pages
- The Middle Ages (Discovering History) by John Salt on page 91, and Back Matter
- Rural Economy and Country Life in the Medieval West (Middle Ages) by Georges Duby in Back Matter
- The Historian and the City by Oscar Handlin in Back Matter
- Studies in the Economic History of the Middle East (School of Oriental & African S) by M. A. Cook in Back Matter
See all 20 books this book cites
- The Rise of Early Modern Science: Islam, China and the West by Toby E. Huff on page 141, page 315, and Back Matter
- Trade, Travel, and Exploration in the Middle Ages: An Encyclopedia (Routledge Encyclopedias of the Middle Ages) by John Block Friedman on page 171, and Back Matter
- Cathedral, Forge and Waterwheel: Technology and Invention in the Middle Ages by Joseph Gies in Back Matter (1), and Back Matter (2)
- The Worlds of Christopher Columbus by William D. Phillips Jr in Back Matter (1), and Back Matter (2)
- The Worlds of Christopher Columbus by William D. Phillips Jr in Back Matter (1), and Back Matter (2)
See all 32 books citing this book
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