Trade and Institutions in the Medieval Mediterranean: The Geniza Merchants and their Business World [Hardcover]

This book reconstructs the business world of the eleventh-century Geniza merchants and, in doing so, rewrites medieval Islamic and Mediterranean economic history.The business world of the eleventh-century Geniza merchants, or 'Maghribi traders', is central to debates about the origins of long-term economic growth and the institutional bases of trade. This book maps the shifting geographic relationships of the medieval Islamic economy and explores the foundations of later European economic dominance.The business world of the eleventh-century Geniza merchants, or 'Maghribi traders', is central to debates about the origins of long-term economic growth and the institutional bases of trade. This book maps the shifting geographic relationships of the medieval Islamic economy and explores the foundations of later European economic dominance.The Geniza merchants of the eleventh-century Mediterranean  sometimes called the 'Maghribi traders'  are central to controversies about the origins of long-term economic growth and the institutional bases of trade. In this book, Jessica Goldberg reconstructs the business world of the Geniza merchants, maps the shifting geographic relationships of the medieval Islamic economy and sheds new light on debates about the institutional framework for later European dominance. Commercial letters, business accounts and courtroom testimony bring to life how these medieval traders used personal gossip and legal mechanisms to manage far-flung agents, switched business strategies to manage political risks and asserted different parts of their fluid identities to gain advantage in the multicultural medieval trading world. This book paints a vivid picture of the everyday life of Jewish merchants in Islamic societies and adds new depth to debates about medieval trading institutions with unique quantitative analyses and innovative approaches.1. Introduction: two tales; Part I. Institutions: 2. Merchants in their community; 3. The uses of commercial cor