Debasements, Royal Revenues, and Inflation in France During the Hundred Years’ War, 1415–1422

Nathan Sussman*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

48 Scopus citations

Abstract

Historians of the period have generally played down the debasement of France’s coinage to increase crown revenues during the Hundred Years’ War or treated it as a last resort and an inept one. Based on archival data and an analytical framework drawn from the modern literature on inflation tax, this article supports challengers of that view, showing that debasement was an effective instrument of public finance.

Original languageEnglish
Pages (from-to)44-70
Number of pages27
JournalJournal of Economic History
Volume53
Issue number1
DOIs
StatePublished - Mar 1993
Externally publishedYes

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