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<p>[QUOTE=&quot;EWC3, post: 4183290, member: 93416&quot;]I judge this is the orthodox view, but whenever I looked into the economic aspects of the matter, it does not seem to me to stack up.&nbsp; The Europe wide move from a silver standard to a gold standard was already underway before the plague, and just continued, did not break till Hall quite late in the 15th century.&nbsp; As far as England goes, Edward III&#039;s bankruptcy seems to me maybe of more economic significance than the plague.&nbsp; Traditional interpretations of the statute of labour linked to plague effects are misguided, according to recent work.</p><p><br /></p><p>While coins cannot give us a royal road to understanding macroeconomics in themselves, they are a kind of hard evidence that should stand on its own feet, and not bend to the theories of historians or economists.</p><p><br /></p><p>Rob T[/QUOTE]</p><p><br /></p>

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