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“To Dispose of Wealth in Works of Charity”: Entrepreneurship and Philanthropy in Medieval England

Published online by Cambridge University Press:  22 August 2019

Catherine Casson  and
Mark Casson
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Abstract

While entrepreneurs are increasingly recognized as important participants in the medieval economy, their philanthropic activities have received less attention than those of the gentry and nobility. This article identifies the contribution that the study of medieval entrepreneurs can make to broader business history debates surrounding the identity of philanthropists and their beneficiaries, the types of causes they supported, and their impact on wider society. Philanthropic entrepreneurs used the profits of commerce to provide infrastructure, health care, and education to their local communities. Their patterns of philanthropy differed from those of gentry, lawyers, and administrators. Support for municipal infrastructure emerges as a distinctive feature of entrepreneurial philanthropy, reflecting a belief in the importance of trade networks and civic reputation.

Keywords

entrepreneurmerchantphilanthropycharitywelfaremedieval
Type
Research Article
Information
Business History Review , Volume 93 , Issue 3: Entrepreneurship and Philanthropy , Autumn 2019 , pp. 473 - 502
Copyright
Copyright © The President and Fellows of Harvard College 2019 

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Footnotes

We would like to acknowledge feedback from the editors of the special issue, the other contributors, and the referees. Thanks also go to Craig Lambert.

References

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3 Previous work on philanthropy has often been based on wills and testaments, as described below, and assigned monetary values to the donations. These sources do not survive for many of the individuals in our study, and so information on their activities is derived from a wider range of records in which monetary values are rarely reported.

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