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Introduction: “Greet prees at Market”—Money Matters in Medieval English Literature

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Money, Commerce, and Economics in Late Medieval English Literature

Part of the book series: The New Middle Ages ((TNMA))

Abstract

This collection represents the burgeoning interest in money, markets, and economics in medieval English literature. The introductory opening chapter establishes the social and theoretical contexts. The social conditions include changes in climate, politics, demography, and commerce that caused major disruptions of social structures in the late Middle Ages. The theoretical contexts reveal medieval literary criticism returning to economic and monetary matters as central themes in the wake of New Historicism’s emphasis on power discourses as an alternative to Marxist historiography. The ensuing chapters find the writers of fourteenth-century England working to understand the commercial economy, in which money is both a means of exchange and a commodity, innovative economic practices challenge traditional social relations, and the culture of gift-exchange persists alongside the cash nexus.

Greet prees at market maketh dere ware,

And to greet cheep is holde at litel prys.

Chaucer ( 1899 ), The Wife of Bath’s Prologue, 522–3

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Notes

  1. 1.

    Of course, money and economics were never absent from medieval criticism . See, for instance , Shell (1978), Shoaf (1983), Vance (1986). But whereas Woodmansee and Osteen, among others, depicted New Historicism as an alternative to Post-Structuralism and the other theoretical models that had dominated criticism in the 1970s and 1980s, these medieval studies were applications of theory, and were interested in money as a system of representation analogous to language and literature.

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Bertolet, C.E., Epstein, R. (2018). Introduction: “Greet prees at Market”—Money Matters in Medieval English Literature. In: Bertolet, C., Epstein, R. (eds) Money, Commerce, and Economics in Late Medieval English Literature. The New Middle Ages. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-71900-9_1

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