24min chapter

New Books in Economic and Business History cover image

Oliver Volckart, "The Silver Empire: How Germany Created Its First Common Currency" (Oxford UP, 2024)

New Books in Economic and Business History

CHAPTER

Currency and Governance in the Holy Roman Empire

This chapter explores the decentralized governance of the Holy Roman Empire during the 16th century, focusing on the evolution of its monetary system. It highlights the challenges of diverse currencies and the responses of the populace to economic regulations, emphasizing the transition to a standardized common currency. Additionally, the chapter discusses the political complexities and logistical challenges of decision-making among the empire's elected princes amid improving communication networks.

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