Hostname: page-component-7479d7b7d-wxhwt Total loading time: 0 Render date: 2024-07-11T05:15:41.400Z Has data issue: false hasContentIssue false
  • English
  • Français

Barter, Money, and Commercial Arithmetic

Published online by Cambridge University Press:  21 December 2023

Sasan Fayazmanesh
Sasan Fayazmanesh*
Affiliation:
Department of Economics, California State University, Fresno
Get access Rights & Permissions [Opens in a new window]

Extract

The manuscripts dealing with commercial practices in Europe from the thirteenth to early seventeenth centuries have been the subject of numerous studies by those interested in the history of mathematics and sociology of knowledge. Indeed, these manuscripts shed a great deal of light on how modern mathematics, as well as mechanistic naturalism of the Enlightenment, can be traced to commercial arithmetic of the medieval and Renaissance periods. As such, the recent interest in these early manuscripts is well understood. But there is another aspect of these writings that has received far less attention: the economic contents of these manuscripts and their implications. for economic theory. In what follows, I will attempt to remedy this shortcoming by looking at the monetary lessons of these manuscripts concerning barter.

Type
Research Article
Information
Journal of the History of Economic Thought , Volume 23 , Issue 1 , March 2001 , pp. 77 - 98
Copyright
Copyright © The History of Economics Society 2001

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Al-Khwarizmi, Muhammad Ibn Musa. 1831. al-Kitab al-mukhtasar fi hisab al-jabar walmuqabala. In Rosen, Frederic, ed., The Algebra of Mohammad ben Musa. Reprint. Hildesheim: Georg Olms Verlag, 1986.Google Scholar
Aristotle. 1915. Ethica Nicomachea. In Ross, W.D., ed., The Works of Aristotle, Volume IX. Oxford: Clarendon Press.Google Scholar
Aristotle. 1921. Politica. In Ross, W.D., ed., The Works of Aristotle, Volume X. Oxford: Clarendon Press.Google Scholar
Baker, Humfrey. 1568. The Well-Spring of Science.Google Scholar
Baxandall, Michael. 1988. Painting and Experience in Fifteenth Century Italy. New York: Oxford University Press.Google Scholar
Berggren, J.L. 1986. Episodes in the Mathematics of Medieval Islam. New York: Springer-Verlag.Google Scholar
Bridbury, A.R. 1992. The English Economy from Bede to the Reformation. New York: The Boydell Press.Google Scholar
Chown, John F. 1994. A History of Money. London and New York: Routledge.CrossRefGoogle Scholar
Clower, Robert. 1970. Monetary Theory: Selected Readings. Middlesex: Penguin Books.Google Scholar
Davies, Glyn. 1994. A History of Money: From Ancient Times to the Present Day. Cardiff: University of Wales Press.Google Scholar
Davis, Natalie Zemon. 1960. “Sixteenth-Century French Arithmetics on the Business Life.” Journal of the History of Ideas 12 (January-March): 18-48.Google Scholar
de Roover, Raymond. 1953. “The Commercial Revolution.” In Molho, Anthony, ed., Social and Economic Foundations of Italian Renaissance. New York: John Wiley & Sons, 1969.Google Scholar
Edgeworth, F.Y. 1998. “Barter and exchange.” In Eatwell, John, Milgate, Murray, and Newman, Peter, eds., The New Palgrave Dictionary of Economics. London: Macmillan.Google Scholar
Einzig, Paul. 1966. Primitive Money in its Ethnological, Historical and Economic Aspects. Oxford: Pergamon Press.Google Scholar
Fayazmanesh, Sasan. 1994. “Marx's Semantics and the Logic of the Derivation of Value.” Research in the History of Economic Thought and Methodology 12: 65-91.Google Scholar
Fibonacci, Leonardo. 1202. Liber abacci.Google Scholar
Finley, M.I. 1977. “Aristotle and Economic Analysis.” In Barnes, Jonathan, ed., Articles on Aristotle: Ethics and Politics. London: Duckworth.Google Scholar
Galbraith, James K. and Darity, William J. Jr., 1994. Macroeconomics. Boston: Houghton Mifflin.Google Scholar
Hadden, Richard W. 1994. On the Shoulders of Merchants: Exchange and the Mathematical Conception of Nature in Early Modern Europe. Albany: State University of New York Press.Google Scholar
Hart, Keith. 1998. “Barter.” In Eatwell, John, Milgate, Murray, and Newman, Peter, eds., The New Palgrave Dictionary of Economics. London: Macmillan.Google Scholar
Humphrey, Caroline. 1985. “Barter and Economic Disintegration.” Man 20 (March): 48-72.CrossRefGoogle Scholar
Humphrey, Caroline. 1992. “Introduction.” In Humphrey, Caroline and Hugh-Jones, Stephen, eds., Barter, Exchange and Value: An Anthropological Approach. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Jevons, William Stanley. 1902. Money and the Mechanism of Exchange. London: Kegan Paul.Google Scholar
Jevons, William Stanley. 1957. The Theory of Political Economy, 5th edition. New York: Kelley & Millman Inc.Google Scholar
Kaye, Joel. 1998. Economy and Nature in the Fourteenth Century: Money, Market Exchange, and Emergence of Scientific Thought. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Klein, Judy L. 1997. Statistical Visions in Time: A History of Time Series Analysis 1662-1938. Cambridge: Cambridge University Press.Google Scholar
Lowry, S. Todd. 1987. The Archeology of Economic Ideas. Durham: Duke University Press.Google Scholar
Marx, Karl. 1977. Capital. New York: Vintage Books.Google Scholar
Munro, J.E.C. 1926. “Barter.” In Henry Higgs, ed., Palgrave's Dictionary of Political Economy. London: Macmillan and Co.Google Scholar
Ostroy, Joseph M. and Starr, Ross M.. 1974. “Money and the Decentralization of Exchange.” Econometrica 42 (November): 1093-113.Google Scholar
Polanyi, Karl. 1957. The Great Transformation. Boston: Beacon Press.Google Scholar
Recorde, Robert. 1557. The Whetsone of Witte. Reprint. Amsterdam: Da Capo Press, 1969.Google Scholar
Schumpeter, Joseph A. 1954. History of Economic Analysis. New York: Oxford University Press.Google Scholar
Smith, Adam. 1763. Lectures on Jurisprudence. Oxford: Oxford University Press, 1978.Google Scholar
Smith, Adam. 1776. An Inquiry into the Nature and Causes of the Wealth of Nations. Oxford University Press, 1976.Google Scholar
Spufford, Peter. 1988. Money and Its Uses in Medieval Europe. Cambridge: Cambridge University Press.Google Scholar
Swetz, Frank J. 1987. Capitalism and Arithmetic: The New Math of the 15lh Century. La Salle, Illinois: Open Court.Google Scholar
Tobin, James. 1992. “Money.” In Peter Newman, Murray Milgate, and John Eatwell, eds., The New Palgrave Dictionary of Money and Finance. London: Macmillan.Google Scholar
Toomer, G.J. 1973. “Al-Khwarizmi.” In the Dictionary of Scientific Biography. New York: Scribner's Sons.Google Scholar
Van Der Wee, Herman. 1977. “Monetary, Credit and Banking Systems.” In E.E. Rich and C. H. Wilson, eds., Cambridge Economic History of Europe, vol. V. Cambridge: Cambridge University Press.Google Scholar
Van Egmond, Warren. 1976. Commercial Revolution and the Beginning of Western Mathematics in Renaissance Florence, 1300-1500. Ph.D. dissertation. Indiana University.Google Scholar
Vogel, Kurt. 1971. “Fibonacci.” In the Dictionary of Scientific Biography. New York: Scribner's Sons.Google Scholar
Vogel, Kurt. 1978. “tiberholte kaufmannishe Praktik aus dem Mittelalter.” In Beitrdge zur Geschichte der Arithmetik. Miinchen: Minerva.Google Scholar
Walras, Leon. 1954. Elements of Pure Economics. London: George Allen and Unwin.Google Scholar