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Commercialization, Markets, and Technology

John Hatcher and Mark Bailey

in Modelling the Middle Ages: The History and Theory of England's Economic Development

Published in print:
2001
Published Online:
October 2011
ISBN:
9780199244119
eISBN:
9780191697333
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199244119.003.0004
Subject:
History, European Medieval History, Economic History

All models that stress the benefits arising from the growth of exchange and specialisation owe a great debt to Adam Smith, who formulated an extremely powerful and durable exposition of the manner in ... More


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