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The first thing that stands out from this study is how passionate and volcanic was E. P. Thompson’s intellectual life as a historian, Marxist thinker, and informed campaigner. He was devoted to reason. Indeed, one of the left-wing journals with which he was involved was entitled The New Reasoner.
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Starting in around 1530, Craig Muldrew argues in this important, phenomenally good book, the English economy developed rapidly. Population growth fed commercialization; markets developed and embedded; people did not just grow and make things, they bought and sold, bargained and trucked. Yet there were few actual coins.
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Mercantilism, Lars Magnusson believes, was at its core ‘a series of discussions that tried to grapple with a rapid developing world of commerce and the effects it had on polities and communities in Europe during the early modern period’ (p. 48).