The Economy of Medieval Wales, 1067-1536

This book surveys the economy of Wales from the first Norman intrusions of 1067 to the Act of Union of England and Wales of 1536. Key themes include the evolution of the agrarian economy, the foundation and growth of towns, the adoption of a money economy, English colonization and economic exploitation, the collapse of Welsh social structures and rise of economic individualism, the disastrous effect of the Glyndŵr rebellion and, ultimately, the alignment of the Welsh economy to the English economy. Comprising four chapters, chapters one to three offer a narrative history of the economic history of Wales, 1067 to 1536. Chapter four tests the applicability, in a Welsh context, of the main theoretical frameworks which have been developed to explain long-term economic and social change in medieval Britain and Europe