Money and Credit in Pre-Modern Europe

History 103B.002

Spring 2016
3205 Dwinelle
Day & Time: 
M 1000-1200

Some believe that "in the good, old days" everybody paid in hard cash and no one was in debt. In fact, the supply of small-denomination specie was frequently insufficient. Debt was omnipresent. In a real sense, extensions of debt manifested religious ideals of economic behavior as well as relationships of power and of solidarity. What does "I have credit with somebody" mean? Why have credit "with" someone? Credit is never simply an economic institution, but is shaped by legal remedies and religious beliefs, then as now.

Course Books

The Great Divergence by Polanyi, Karl Beacon. ISBN: 9780807056431 Required
The House of Rothschild vol.1 by Ferguson, Niall Penguin. ISBN: 9780140240849 Required
Lending to the Borrower from Hell by Drelichman, Mauricio and Voth, Joachim Princeton. ISBN: 9780691151496 Required
The Richest Man Who Ever Lived by Steinmetz, Greg Simon & Schuster. ISBN: 9781451688559 Required
The Moral Economy by Fontaine, Laurence Cambridge. ISBN: 9781107603707 Required
A Country Merchant by Dyer, Christopher Oxford. ISBN: 9780199214242 Required
The Big Problem of Small Change by Sargent, Thomas and Velde, Fran├žois Princeton. ISBN: 9780691116358 Required