Coinage and Money in Britain 973-1520
Prof Nick Mayhew
This paper will review developments in the subject since the 1990s. The first section - Money and Society - will address the role of money in urbanisation, and the associated process of monetisation, and the use of credit. The second section - Money and the Economy - will review recent work on money supply, [composition and aggregates], prices and GDP. The final section compares the currencies of England and Scotland, and the relative merits and demerits of strong and weak currencies.