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In the wake of Douglass North’s theories on institutions and economic growth, the last two decades have seen various kinds of medieval and early modern institutions increasingly regarded as factors aiding in, rather than obstructing, the transformative processes that eventually led to modern industrial capitalism in the 19th century.
This collection of essays forms an excellent Festschrift for Professor John Hatcher, whose eclectic range of research is displayed by the volume’s division into three parts: the first explores the medieval demographic system; the second charts the changing relationship between lords and peasants; and the third highlights the fortunes of trade and industry after the Black Death.
Jim Bolton is a much respected and well liked figure in London academic circles, who took up a post at Queen Mary College (as it was then called) in 1965 and has remained there ever since, despite his official retirement in 1994. He works on the medieval economy, and kept the subject alive during episodes when specialists in that subject were in short supply in the University of London.