1. Exquisite Tweets from @OxfordESH, @MacroRanderson, @judyzara

    PreoccupationsCollected by Preoccupations

    Starting off today’s #oxeshfacseminar, Mark Bailey (@uniofeastanglia) is talking about “the greatest catastrophe in recorded history”: the Black Death #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Traditional view: before the BD there was lots of serfdom, 🏴󠁧󠁢󠁥󠁮󠁧󠁿 a laggard within Europe, slow response of wages to fall in population after BD #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Bailey: there was actually developing commercialization of agriculture, a substantial and unregulated labor market, and land markets as well. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    OxfordESH

    Oxford Economic & Social History

    Another problem: lots of other things going on in the ~25 years after the BD. Lots of temperature variability, more plague outbreaks, harvest failures, animal epidemics. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Rising grain prices (possibly because peasants are withdrawing from the market) but customary land values falling #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Bailey: serfdom falls apart after 1350. “No ‘enslavement’ of a free population” in 🏴󠁧󠁢󠁥󠁮󠁧󠁿 after the BD #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Increase in demand for 🐰 fur and meat in the late C14—before the BD, it has been for the aristocracy, afterwards, for a broader market. Movement of labor and capital into sectors with lower K req’ments, including Human K. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Why was serfdom not re-imposed in England after the BD, as happened at other times and in other places? Critiquing Acemoglu & Wolitzky (2019) in 🏴󠁧󠁢󠁥󠁮󠁧󠁿, most serfs moved rural-to rural. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Variation in serfdom which may explain country differences. In 🏴󠁧󠁢󠁥󠁮󠁧󠁿, serfs had relatively easy access to land. More outside options for serfs *in the countryside* ➡️ Lords’ costs of maintaining serfdom were high. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Little (if any) evidence of divergence for England or the North Sea basin by 1400 in wages, urbanization. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    However, change in other areas: sectoral composition out of agriculture is high by the end of the C14. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Big increase in taxation per capita after the BD: creation of a fiscal state (from a desmene state). More taxation from a lower population, more tax paid by the poor. (Overall tax take is still fairly low) #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    State also takes a larger role in the labor and product/commodity markets, and development of a state dispute resolution system in courts. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Before parish registers, no definitive evidence for the European Marriage Pattern. Live-in servants not needed for main landlord pastoral production. Not clear there was EMP before C16, and lack of sources. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    By 1400, notable sectoral diversity in the English economy, which made regions less vulnerable to reversals. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    Conversion of land tenure from service to leasehold over the C14. Per Van Bavel, this is crucial for the development of agrarian capitalism. #oxeshfacseminar #econhist #econtwitter #twitterstorians

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    OxfordESH

    Oxford Economic & Social History

    OxfordESH

    Oxford Economic & Social History

  2. What is the EMP? Great thread, thank you for sharing!!

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    MacroRanderson

    Ryan Anderson

  3. OxfordESH

    Oxford Economic & Social History