This study utilizes standard models of macroeconomics and contract theory in order to explain various salient features of the medieval village economy. The economy of the medieval village may be used as a model to reflect the economic problems of many contemporary Third World agrarian villages.
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2 of 3 people found the following review helpful:
4.0 out of 5 stars
History and Economics : a very nice combination.,
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This review is from: The Medieval Village Economy (Hardcover)
This is a very interesting combination : very important economic models and concepts are explained and tested in the light of the economic life of medieval english villages. This makes the theory much more vivid. One problem tough, the notation is rather heavy.
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