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Power and Profit: The Merchant in Medieval Europe

di Peter Spufford

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1973137,797 (4.29)2
The years between 1200 and 1500 saw the economy of Europe transformed from being rural, feudal and localized to being urban, capitalist and expansionist. Professor Spufford, who has made a lifelong study of these changes, here brings together a vast amount of material from archives all over the world - letters, account books, legal documents, civil records - to build up a comprehensive general picture. He has also personally travelled many of the roads, rivers and mountain passes that were the arteries of medieval trade, bringing the whole subject to vivid life. The eight chapters of the book cover the financial revolutions of the 13th century that led to the rise of modern banking, borrowing and insurance; the market in luxuries and the role of the great courts; international fairs; trade routes and the hazards of transport; raw materials; manufactured goods; the wealth of cities and nations; and the balance of trade between countries.… (altro)
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Pros: lots of images and maps, so much good information

Cons: dense, took me several weeks to read

The book consists of 8 chapters: The transformation of trade; Courts and consumers; From court to counting house; Helps and hindrances to trade; Trade in manufactured goods; Trade in foodstuffs, raw materials and slaves; Imbalances in trade; and Conclusion: the pattern of trade.

The book on the whole goes into the nitty gritty of all aspects of trade, so if you’re not interested in how long it took for couriers to go from one place to another vs the same route travelled by a 4 wheeled wagon, 2 wheeled wagon, or pack animal, then this isn’t for you.

I found the writing style rather dry and academic at times. At other times it grabbed my interest, even if the section wasn’t on a topic I was particularly interested in. For example, I found the sections of the cost of road maintenance and who was expected to perform and pay for it really interesting.

Each chapter is subdivided, though unless you know where the information you want is located, you may not find it easily. For example, the section on how quickly couriers can travel isn’t in the same chapter as that of wheeled wagons, though the author does put in page numbers at times to help you find complementary information. I tried to return to an interesting paragraph about bridge building done by merchants and experienced some frustration as it wasn’t in any of the sections labelled as being about bridges, but in a section called ‘Commercial pressure for improvement’.

If trade in the middle ages is of particular interest to you than you will learn a lot about it here. If you’re interested in fleshing out a novel, again, there are some real gems though you may find it a bit tiresome locating them.

A few things I learned: some merchants paid innkeepers to store and repack good, then arrange transit to the next inn. Rooms in inns contained several beds separated by curtains and travellers found themselves sharing beds with strangers. Merchants braved passes in the Alps during the winter, even when the passes were dangerous. In some cases merchant houses paid for repairs (and even the building) of bridges if the communities responsible for them neglected them. Cities quickly grew up around fairs, and died out quickly if those fairs moved. Though inns were profitable businesses, hospices (hostels for pilgrims or the poor/hospitals), even when properly run, were not. Slaves were traded by Southern Italians from the 1300s on, and owning them was only illegal if they were Christians (and some, captured in the Balkans, were). The children of slaves were free, so there was no ‘self-perptuating’ market.

Chapter 5 on where and how trade goods were manufactured was very interesting. Each section was fairly short but packed in a ton of information. Chapter 6 on bulk trade items (things like raw wool and grain) was also interesting, talking about which goods were worth transporting and how larger cities needed to import food as the local areas couldn’t support them.

The book has a large number of black and white as well as colour images illustrating medieval processes. These are often later woodcuts, manuscript images or close-ups of the background in paintings where painters added scenes from daily life. There is also a lot of maps so it’s easy to understand the various trade routes and manufacturing centres.

It took a while to read as the information is very dense, but it’s worth the time and effort and you’ll come away knowing a lot more about the interconnectedness of the medieval world. ( )
  Strider66 | Sep 15, 2020 |
The title of Peter Spufford's book is a little deceptive, as it is much more than a study of merchants in the Middle Ages. What Peter Spufford has done in this book is to provide an accessible description of the nature and forms of commerce in medieval Europe. This may sound like a dull subject, but in Spufford's hands it is anything but. Demolishing many myths, he demonstrates that the medieval European economy was both highly integrated and increasingly sophisticated, with numerous business innovations (such as marine insurance and the holding company) pioneered during this era. In successive chapters he describes such aspects of the medieval economy as markets, commodities, and trading routes, explaining what was traded, where, and why. It's a fascinating take on an era more often associated with armored knights and peasants, any one that demonstrates that "globalization" is hardly a phenomenon exclusive to our modern era. Simply put, this is a magnificent study, and one that needs to be read by anyone interested in the Middle Ages. ( )
  MacDad | Mar 27, 2020 |
A fascinating account on medieval trade, focusing on long-distance trade of both bulk, standard goods and luxury items. Mostly seems to cover 13th, 14th and 15th century developments.
There's information on goods (interesting from a medieval consumer point of view), travel routes, technology, merchant methods, banking, money...
It has many illustrations which are already interesting if you are curious about medieval culture and lifestyles. ( )
  mariannep | Oct 28, 2009 |
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The years between 1200 and 1500 saw the economy of Europe transformed from being rural, feudal and localized to being urban, capitalist and expansionist. Professor Spufford, who has made a lifelong study of these changes, here brings together a vast amount of material from archives all over the world - letters, account books, legal documents, civil records - to build up a comprehensive general picture. He has also personally travelled many of the roads, rivers and mountain passes that were the arteries of medieval trade, bringing the whole subject to vivid life. The eight chapters of the book cover the financial revolutions of the 13th century that led to the rise of modern banking, borrowing and insurance; the market in luxuries and the role of the great courts; international fairs; trade routes and the hazards of transport; raw materials; manufactured goods; the wealth of cities and nations; and the balance of trade between countries.

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