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Winter 2017
ISSN 0890-913X
Volume 32, Number 4

How the City Air Made Us Free: The Self-Governing Medieval City and the Bourgeois Revaluation

Andrew T. Young , Texas Tech University
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/index.php?action=ajax&rs=GDMgetPage&rsargs[]=2017 Journal of Private Enterprise Vol 32 No 4 Winter parte3.pdf&rsargs[]=0
TheJournalofPrivateEnterprise32(4),2017,3147HowtheCityAirMadeUsFree:TheSelf-GoverningMedievalCityandtheBourgeoisRevaluationAndrewT.YoungTexasTechUniversity______________________________________________________AbstractTheGreatEnrichmentofthenineteenthandtwentiethcenturiesinvolvedunprecedentedincreasesinlivingstandardsacrossEuropeanditsoffshoots.IarguethatMcCloskeyscharacterizationoftheemergenceofabourgeoisethicsanddignityasexogenoustotheinstitutionalenvironmentsisnotconvincing.Rather,theconstitutionaldevelopmentoftheselfgoverningmedievalcitywasanecessaryconditionfortheethicalandrhetoricalchangethatMcCloskeyemphasizes.Furthermore,abourgeoisethicsanddignitywerelikelyemerginginEuropeancitiesasearlyasthetwelfthcenturyasaresultofconstitutionalbargains.GiventhatliteracywaslargelyconfinedtotheclergyduringtheHighMiddleAges,apaucityofpremodernevidenceforthisemergenceisnotsurprising.______________________________________________________JELCodes:N44,O10,O52,P50,K00Keywords:GreatEnrichment,constitutions,institutions,medievalcity,BourgeoisRevaluation,polycentricsovereigntyI.IntroductionInthreevolumespublishedoveradecade,DeirdreMcCloskey(2006,2010,2016a)hasadvancedaboldandnovelexplanationforwhatshetermstheGreatEnrichment:inWesternEuropeanditsoffshoots,agiganticimprovementforthepoorandapromisenowbeingfulfilledofthesameresultworldwide(2016a,p.xii).Conservatively,theincreaseinlivingstandardsassociatedwiththeGreatEnrichmentwasbyafactorof3045.1TheGreatEnrichmentorwhatmanyeconomistsmoreblandlyrefertoastheeraofsustainedeconomicgrowthhasbeenanunprecedentedwatershedforhumanwelfare.McCloskeysthesisemphasizesanethicalandrhetoricalchangethatbegantooccurinnorthwesternEuropeinthesixteenthcentury.Individualsbegantoappreciatethatnotonlydidtheircommercial1McCloskey2010,chap.1;basedonMaddison2006data.
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