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    Great Wave

    Page 63
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      and twentieth century price revolution, 205, 212, 216, 217, 219–20, 221, 222, 225, 234

      and Victorian equilibrium, 162, 163, 164, 495. See also specific nation or geographical area

      international compilations, 371, 398

      international exchange: bibliography, 448, 450, 464

      and late twentieth century crisis, 233

      and medieval price revolution, 32–33

      and sixteenth century price revolution, 91, 464

      and twentieth century price revolution, 224–25, 233

      International Monetary Fund, 210

      International Scientific Committee on the History of Prices, 367–68

      inventory cycles. See Kitchin cycles

      Iran, 231

      Ireland, 97, 100, 110, 141, 149, 203, 383

      Isabella (queen of Spain), 56

      Islam, 230–32, 263–64, 267, 439

      Israel, 208, 210, 231–32

      Italian Renaissance, 239

      Italy: arms and armor prices in, 322n19

      banking in, 33

      climate in, 330n17

      disease in, 49–50

      and eighteenth century price revolution, 120, 144, 479–80

      and Enlightenment equilibrium, 103, 105, 112

      famine in, 87

      and fourteenth century crisis, 452

      grain prices in, 6, 19, 120

      hyperinflation in, 196

      interest rates in, 29, 54, 55–56

      medieval price revolution in, 19, 19, 25, 29, 33, 38, 320n8, 443, 444

      money in, 25, 182, 283, 466

      politics in, 57–58, 195, 203

      population in, 13, 50–51, 72, 73, 96, 334n19

      primary sources about, 383–85, 397, 402

      and Renaissance equilibrium, 48, 49–51, 52, 54, 55–56, 57–58, 330n13, 330n17, 455–56

      rents in, 52, 105, 330n13

      returns to capital in, 54

      returns to land in, 52

      secondary sources about, 423, 443, 444, 452, 455–56, 461–62, 466, 473, 479–80, 492, 499

      and seventeenth century crisis, 96, 96, 473

      silver in, 324n28

      and sixteenth century price revolution, 67, 70, 72, 73, 87, 96, 96, 461–62, 466

      social unrest in, 40, 149, 473

      and twentieth century price revolution, 182, 189, 195, 196, 198, 203, 217, 234, 499

      and Victorianequilibrium, 171, 492

      wages in, 29, 330n13

      and wars, 38, 189, 198

      wholesale prices in, 189. See also specific city

      Ivan the Great (tsar of Russia), 256

      Jacobs, Alfred, 364

      Jacobson, Anna. See Schwartz, Anna

      Japan: bibliography, 385, 402

      consumer prices in, 204

      deflation in, 232

      energy prices in, 212

      politics in, 195

      producer prices in, 204

      productivity in, 232

      religion in, 232

      returns to land in, 219

      social unrest in, 232–33

      stock markets in, 232

      and trade, 212, 232, 233

      and twentieth century price revolution, 195–96, 204, 212, 217, 219, 224, 232–33

      and wars, 195–96

      wholesale prices in, 233

      “jawboning, ” 207–8

      Jeanne d’Arc, 53

      Jefferson, Thomas, 136

      Jevons, Stanley, 276

      Jews, 45, 101

      John XXII (pope), 40

      Johnson, Lyman L., 372, 412

      Johnson (Lyndon B.) administration, 203, 204–5

      Jones, A.H.M., 262

      Jörberg, Lennart, 370

      Journal of Economic History, 370

      Juglar, Clément, 276, 418

      Juglar trade cycles, 273, 276, 415, 418

      Justice, Alexander, 282

      Kauffman, Max, 200–201

      Kaufman, Henry, 287

      Kennedy, John, 203

      Kerhuel, Marie, 409–10

      Kett’s Rebellion, 77

      Keynes, John Maynard, 206, 294, 367, 368–69, 428

      Keynesian economics: bibliography, 428

      Kitchin, Joseph, 276, 418–19

      Kitchin business cycles, 273, 276, 415, 418–19

      Kitwood, T., 274

      Kleinknecht, Alfred, 275

      Kondratieff, Nikolai D., 273, 368–69, 415–16. See also Kondratieff waves

      Kondratieff waves, 5, 273–75, 360n7, 410, 415–18, 474

      Koopmans, Tjalling, 313, 369

      Korea, 402

      Korean War, 198–200, 199, 256, 281

      Kuznets, Simon, 276, 296, 298, 368–69, 418

      Kuznets cycles, 273, 276, 296, 361n16, 415, 418, 426

      Labini, Paolo S., 274

      Labrousse, C. E., 146–47, 166, 244, 347n9, 363–64, 370, 407, 409, 410

      Labrousse cycles, 241, 244, 273, 276, 415, 418

      Ladurie, Emmanuel Le Roy, 73, 344n9, 433, 434

      lag theory, 300

      laisser faire economics, 116

      Lamb, H. H., 169, 171

      land. See Returns to land

      Lane, Frederic, 58, 503–5

      Languedoc, 73, 107, 146

      Laslett, Peter, 301

      Lassalle’s (Ferdinand) Conjecture, 293–94, 297, 298

      Latin America: bibliography, 271, 372, 499

      commodity prices in, 120

      and eighteenth century price revolution, 121, 271, 272

      and Enlightenment equilibrium, 347n7

      European price movements compared with, 271, 272

      hyperinflation in, 232

      politics in, 241

      revolution in, 232

      and twentieth century price revolution, 204, 210, 232, 499

      and wars, 232. See also specific nation

      Lebergott, Stanley, 189, 289

      Lee, Ronald Demos, 433

      Lefebvre, Georges, 147, 350n4

      Leghorn, 96

      Lewis, Arthur, 185

      life cycle theories, 296–97

      Lille, France, 87, 88

      Lindert, Peter, 297, 298

      Lipsey, R. G., 414

      Lisbon, Portugal, 134

      literature, 62, 100, 113, 134, 154–55, 238, 469–70

      Liu, P., 267–68

      Lloyd George, David, 191

      Locke, John, 113

      London, England: banking in, 59

      crime in, 172, 308

      and eighteenth century price revolution, 120, 129, 135

      energy prices in, 21, 334n22

      and Enlightenment equilibrium, 102, 110

      grain prices in, 102, 135

      inequalities in, 94

      interest rates in, 162

      medieval price revolution in, 20, 35

      money in, 48, 129

      and Renaissance equilibrium, 48

      and sixteenth century price revolution, 94, 334n22

      social conflicts in, 49

      and twentieth century price revolution, 179–81

      and Victorian equilibrium, 162, 172, 176

      “long swings”. See Kuznets cycles

      long-term secular trends, 245, 252–54, 408–15

      Lopez, Robert S., 324n28, 329-30n13

      Lorenz curve, 291, 292

      Louis IX (king of France), 24

      Louis X (king of France), 40

      Louis XI (king of France), 55, 56

      Louis XIV (king of France), 112, 113, 116

      Louis XV (king of France), 112, 119

      Louis XVI (king of France), 143, 154

      Low Countries: bibliography, 423

      and eighteenth century price revolution, 129

      famine in, 87

      interest rates in, 55, 129

      medieval price revolution in, 35

      population in, 72

      and Renaissance equilibrium, 55

      returns to capital in, 129

      and sixteenth century price revolution, 72, 88, 96, 97

      Lu Tzu-ch’eng, 269

      Lublinskaya, A. D., 341n1

      Lucas, Hen
    ry, 35

      Luxembourg, 386

      Lyons, France, 80, 336n29

      McCloskey, Donald N., 426

      McCusker, John J., 282, 284, 364

      Macdonald, Ramsay, 195

      Macedonia: mentioned, 40

      McKinley, William, 181

      macroeconomics, 426

      Madagascar, 386

      Main, Jackson Turner, 294–95

      Maitland, F. W., 177

      Malawi, 386

      Mali, 265–66, 386

      Malowist, M., 268

      Malthus, Thomas, 73, 242, 243, 295, 298, 491

      Malthusians: and causes of price revolutions, 8, 72, 241, 242–43

      and fourteenth century crisis, 448, 449

      inequality models of, 295

      and seventeenth century crisis, 469

      and sixteenth century price revolution, 460

      and social theory, 432, 433–34

      and twentieth century price revolution, 243. See also Population

      Mandel, Ernest, 275

      Mandingo Empire, 269

      Manuel, Frank, 273

      manufactured goods: and causes of price revolutions, 244, 247

      and eighteenth century price revolution, 123, 123, 126, 139, 272

      and Enlightenment equilibrium, 103

      and medieval price revolution, 22, 45

      and seventeenth century crisis, 96

      and similarities among price revolutions, 237

      and sixteenth century price revolution, 73, 74–75, 74, 75

      and twentieth century price revolution, 218, 218

      and Victorian equilibrium, 157. See also specific type of goods

      Marchetti, Cesare, 275

      Marie Antoinette, 145–46

      market revolutions, 295–96

      “market-basket” index, 317–18n2

      markets: and causes of price revolutions, 248

      and differences among price revolutions, 239, 240

      and eighteenth century price revolution, 249

      global, 155, 168, 176, 188, 204

      irrationality of, 249

      and predictions about price revolutions, 252

      stock, 184, 192, 193, 214–15, 232, 249

      and twentieth century price revolution, 252. See also International exchange; Trade

      Marseilles, France, 41, 96

      Marshall, Alfred, 168, 368–69

      Martin I (king of Aragon), 56

      Marx, Karl, 73, 177, 295, 298

      Marxism: and capitalism, 243

      and causes of crime, 309–10

      and causes of price revolutions, 8, 241, 243–44

      and fourteenth century crisis, 328n13, 448, 449

      and inequalities, 295, 361n16

      and interest rates, 243

      and Kondratieff waves, 273

      and medieval price revolution, 243, 328n13

      and “price scissors, ” 323n20, 328n13

      and production, 243–44

      and rents, 243

      and secondary sources about price history, 408, 432, 434–35

      and seventeenth century crisis, 341n1, 342n1, 468–69

      and sixteenth century price revolution, 243, 460

      and social theory, 432, 434–45

      and social/cultural issues, 243

      and twentieth century price revolution, 243

      and Victorian equilibrium, 177

      and wages, 243

      Mass, Nathaniel J., 277

      Massachusetts, 120, 135, 139, 144, 160, 163, 284

      Mathias Corvinus (king of Hungary), 56

      Maunder minimum, 245

      Mayhew, N. M., 324n31

      mean deviations, 292

      mean/median ratios, 292

      Medici family, 59, 62, 66, 67, 68, 3312

      medieval price revolution: beginning of, 11–23

      bibliography, 420, 441–48

      causes of, 19–20, 24–25, 34, 242, 243, 245–46, 249

      cultural responses to, 23–30

      dates of, 3, 17, 319–20n8

      and eighteenth century price revolution, 132, 152

      lack of interest in, 6–7

      and Marxism, 243

      and Renaissance equilibrium, 45–63

      and sequential differences among price revolutions, 239–46

      sixteenth century price revolution compared with, 102

      and structural similarities among revolutions, 236–39

      in tenth century, 263

      third stage of, 30–34. See also Fourteenth century: crisis of; specific topic, nation or geographical area

      Mehmed I (sultan of Ottoman Empire), 57

      Mehmed II (sultan of Ottoman Empire), 57

      Mellon, Andrew, 193–94

      Menard, Russell, 370

      mercantilism, 116, 485

      mercuriales, 365

      Merton, Robert, 313

      Mesopotamia, 259–60, 259, 436

      metrology, 405–6

      Metz, Rainer, 274

      Mexico, 150, 152, 234, 266, 271, 386, 402

      microeconomics, 426

      Middle Ages, 305, 441. See also Medieval price revolution; specific century

      Middle East: bibliography, 454, 464, 474, 480, 493

      and eighteenth century price revolution, 121, 152, 480

      and fourteenth century crisis, 454

      and seventeenth century crisis, 269–70, 474

      and sixteenth century price revolution, 464

      and twentieth century price revolution, 204, 230–32

      and Victorium equilibrium, 493. See also specific nation

      Milan, 57, 82

      Mill, John Stuart, 168

      Ming dynasty, 269

      Mironov, Boris, 479

      Miskimin, H. A., 329–30n13

      Mitchell, Wesley C., 276–77

      mobilia, 16

      Modena, 57, 70, 71

      Mokyr, Joel, 433–34

      monetarism: and causes of price revolutions, 8, 241–42, 244–45

      and economic theory, 427–28, 432, 467–68

      and fourteenth century crisis, 448, 449–50

      and Gibson paradox, 242, 432

      and hyperinflation, 430

      and neoclassical economics, 244–45

      and sixteenth century price revolution, 81, 241–42, 332n14, 337n38, 338n41, 459–60, 465

      and twentieth century price revolution, 184–86, 224, 497

      and Victorian equilibrium, 169

      monetary inflation, 23, 278–80

      monetary systems, 23, 32, 284, 316. See also Monetarism; Money

      monetary theory. See Monetarism

      money: of account, 282–84, 421

      bibliography, 420–21, 441, 445–46, 453, 458, 465–66, 476, 484, 489, 494

      and causes of price revolutions, 241–42, 247

      and eighteenth century price revolution, 120, 127–29, 142–43, 149, 152, 282, 283, 284, 484

      and Enlightenment equilibrium, 108–9, 476

      of exchange, 16, 25, 282–84

      and fourteenth century crisis, 453

      and global markets, 176

      and grain prices, 338–39n43

      and late twentieth century crisis, 234

      and medieval price revolution, 16, 19, 24, 32, 324n28, 324n31, 445–46

      in Middle Ages, 441

      mobilia as, 16

      pseudo-, 176

      quantity theory of, 84

      and Renaissance equilibrium, 48, 421, 458

      and revolutionary spirit, 489

      and similarities among price revolutions, 238

      and sixteenth century price revolution, 80–85, 83, 84, 89–91, 337n38, 338n41, 465–66

      supply of, 19, 24, 32, 48, 242, 337n38

      and twentieth century price revolution, 181, 184–86, 186, 191, 193, 194, 195, 205, 212, 224–25, 234, 355n6

      and Victorian equilibrium, 157, 169, 170, 176, 494

      and wars, 149, 158. See also Debasements; Recoinages

      money wages, 77, 104, 189, 288

      Mongols, 265

      Monte Carlo model, 293–94

      Moore, Geoffrey H., 277


      Morineau, Michel, 108–9, 337n38, 406, 460

      Munich, Germany, 70

      Murad II (sultan of Ottoman Empire), 57

      music, 103, 113

      Namier, Lewis, 353n2

      Naples, 33, 100, 133

      Napoleonic Empire, 121, 153–54, 155, 169, 252, 490

      Narbonne, 107

      Nef, John U., 97, 367

      neoclassical economics: and causes of price revolutions, 8, 241, 244–45

      and economic theory, 428

      and monetarism, 244–45

      and price controls, 207, 208, 358n9

      and twentieth century price revolution, 202–3, 207–8, 210, 358n9

      Netherlands: bibliography, 386–87, 397, 402, 442, 463

      and eighteenth century price revolution, 124, 129, 130, 130, 140, 141, 149

      energy prices in, 208

      and Enlightenment equilibrium, 104, 107, 109

      grain prices in, 87

      interest rates in, 54, 105, 107, 129, 130, 130, 140, 163, 221

      and medieval price revolution, 442

      money in, 82, 109, 283

      population in, 124

      religion in, 87

      and Renaissance equilibrium, 54

      returns to capital in, 54, 107, 129, 130, 162, 163, 221

      and sixteenth century price revolution, 82, 87, 100, 463

      social unrest in, 100, 141, 149

      and twentieth century price revolution, 203, 208, 221

      and Victorian equilibrium, 162, 163

      and wars, 149. See also Low Countries; New Netherlands

      Neuwirth, Erich, 274

      New England: bibliography, 272, 395

      climate in, 155

      and eighteenth century price revolution, 120, 126, 153, 155, 272

      family disintegration in, 302

      gold in, 120

      interest rates in, 163, 220

      money in, 127, 283

      population in, 155

      returns to capital in, 162, 163

      returns to land in, 126

      in seventeenth century, 270

      silver in, 120

      and twentieth century price revolution, 220

      and Victorian equilibrium, 162, 163

      New France, 127, 270, 271–72, 283

      “new inflation” models, 428–29, 500

      New Netherlands, 270

      New Spain, 270

      New World, 120, 270. See also Americas; specific nation or geographical area

      New York City, 223

      New Zealand, 168, 187, 188, 387, 402–3, 493

      Newton, Isaac, 113

      Nicaragua, 231

      Nigeria, 403

      Nixon (Richard M.) administration, 206–8, 224, 236, 357–58n9

      nominal prices, 285–86

      Nordhaus, William D., 279, 426

      Normandy, 32, 41, 52

      North America: and causes of price revolutions, 244

      and eighteenth century price revolution, 127, 150, 282

      interest rates in, 234

      money in, 127, 234, 282

      population in, 186, 233

      revolutionary crisis in, 150

     


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