Medieval History
A new study of the foreign-exchange market in the Middle Ages, conducted by the University of Reading?s ICMA Centre, has documented a medieval system of exchange-rate manipulation similar to today?s.
That system also led to public outcry, a parliamentary investigation and the impeachment of a famous financier.
A major aim of financial innovation throughout history has been to circumvent regulations and restrictions placed on the industry. In the Middle Ages, an important obstacle was the religious disapproval of usury -- the charging of interest or ?making money from money.? Dante condemned the usurer to the lowest level of the seventh circle of Hell. To avoid the ?taint of usury,? medieval financiers developed various methods of disguising interest within other transactions.
Click here to read this article from Futures
- Researchers ?closer Than Ever? To Cracking 5000 Year Old Writings
New technology has allowed researchers to come closer than ever to cracking the world?s oldest undeciphered writing system. Researchers from the University of Oxford and the University of Southampton have developed a Reflectance Transformation Imaging...
- Norway: Ancient Coins Offer Clues About Medieval Society
Norway?s economic system in the Middle Ages was more sophisticated than previously thought. This claim is based on research on coin circulation in Norwegian society in the years between 1050 to 1320. In this period the use of coins was widespread...
- The Society For The Public Understanding Of The Middle Ages
Interest in the Middle Ages seems to be stronger than ever ? movies like Kingdom of Heaven and novels such as Pillars of the Earth draw millions of fans, while medieval festivals and museums featuring artifacts from the Vikings, Anglo-Saxons and other...
- Society For The Public Understanding Of The Middle Ages Call For Papers 2012
Society for the Public Understanding of the Middle Ages Call for Papers 2012 We invite abstracts for the following sessions at the 2012 ICMS and IMC. Abstracts (between 250 and 500 words) should be submitted electronically to [email protected]...
- Call For Papers: ?reading The Middle Ages?
Call for Papers ?Reading the Middle Ages? The Graduate Medievalists at Berkeley invite submissions for the UC Berkeley conference on the practice of reading in the Middle Ages 25-27 March 2011 UC Berkeley Keynote Address by Rita Copeland Edmund...
Medieval History
Libor scandal is no match for its medieval precedent
That system also led to public outcry, a parliamentary investigation and the impeachment of a famous financier.
A major aim of financial innovation throughout history has been to circumvent regulations and restrictions placed on the industry. In the Middle Ages, an important obstacle was the religious disapproval of usury -- the charging of interest or ?making money from money.? Dante condemned the usurer to the lowest level of the seventh circle of Hell. To avoid the ?taint of usury,? medieval financiers developed various methods of disguising interest within other transactions.
Click here to read this article from Futures
- Researchers ?closer Than Ever? To Cracking 5000 Year Old Writings
New technology has allowed researchers to come closer than ever to cracking the world?s oldest undeciphered writing system. Researchers from the University of Oxford and the University of Southampton have developed a Reflectance Transformation Imaging...
- Norway: Ancient Coins Offer Clues About Medieval Society
Norway?s economic system in the Middle Ages was more sophisticated than previously thought. This claim is based on research on coin circulation in Norwegian society in the years between 1050 to 1320. In this period the use of coins was widespread...
- The Society For The Public Understanding Of The Middle Ages
Interest in the Middle Ages seems to be stronger than ever ? movies like Kingdom of Heaven and novels such as Pillars of the Earth draw millions of fans, while medieval festivals and museums featuring artifacts from the Vikings, Anglo-Saxons and other...
- Society For The Public Understanding Of The Middle Ages Call For Papers 2012
Society for the Public Understanding of the Middle Ages Call for Papers 2012 We invite abstracts for the following sessions at the 2012 ICMS and IMC. Abstracts (between 250 and 500 words) should be submitted electronically to [email protected]...
- Call For Papers: ?reading The Middle Ages?
Call for Papers ?Reading the Middle Ages? The Graduate Medievalists at Berkeley invite submissions for the UC Berkeley conference on the practice of reading in the Middle Ages 25-27 March 2011 UC Berkeley Keynote Address by Rita Copeland Edmund...