The barbarity of the medieval criminal law: petty treason and the murders of Sir Thomas Murdak and John Cotell

The History of Parliament

In today’s blog Dr Simon Payling, senior research fellow in our Commons 1461-1504 project, once again turns his attention to crime and punishment in the medieval period. In the 14th century, the criminal law system may have worked slowly, but it was particularly harsh to those convicted of ‘petty treason’…

In the first months of 1316 there was a notable series of deaths in the knightly family of Gayton.In the space of four days in January the head of the family, Sir Philip, a former Warwickshire MP, and his son and heir, Theobald, died at their manor of ‘le Grave’ in that county, and it may be that the two men were victims of some infectious disease.Disease, however, was emphatically not the explanation for the third of the deaths. The heirs to the Gayton estates were Theobald’s two sisters, both married, the elder of the two, Juliana, to Sir…

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Inequality Conference in Memory of Gary Becker at Stanford’s Hoover Institution

Economics One

Last Thursday and Friday the Hoover Institution at Stanford hosted a wonderful Conference on Inequality in Memory of Gary Becker. John Raisian and I opened the conference commenting on the appropriateness of both the venue and the topic: Gary spent a great deal of time doing research at Hoover over the years, and he began diagnosing and recommending policy solutions to inequality problems decades ago, long before the current explosion of popular interest.

I recalled his policy advice on the issue two decades ago in a presidential campaign memo: “we have seen income distribution widen in the United States and other countries” and that reflects, he said, “a particular problem with the education and training of those at the lower end of the income distribution.” He advised that “the aim of policy reforms in this field should be to help stimulate economic growth by encouraging better quality and more…

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Mutual fund facts and a question: Why are so many investors so willing to throw so much of their money away? | AEIdeas

index

The average expense ratio of actively managed equity mutual funds was 0.89% in 2013, which was more than seven times higher than the 0.12% average expense ratio for index equity funds. Some index mutual funds like the Vanguard S&P 500 Index have expense ratios as low as 0.05%.

via Mutual fund facts and a question: Why are so many investors so willing to throw so much of their money away? | AEIdeas.

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My week without a credit card version

Credit cards

I had to go without my Visa card because it was swallowed by the ATM. It had been cloned. It took five days to replace

Talk about going back to the mid-20th century. I had to remember to carry cash, how much cash I would need each day, how much would I need for emergencies.

Wallet with New Zealand Money  - Stock Photo

I had to remember how much I spent day to day and then budget for this and that. I never had thought about that much before. Carrying cash and remembering how to budget your wallet every day is a skill that I lost 20 years when I got my credit card.

This is was in my home town. Imagine the horrors if you were abroad and having to travel without a credit card.

Last time I had to do that was in Japan in 1993. Credit cards are not widely accepted in Japan. Cash is king. There were a few international ATMs in Japan at that time, maybe three in all of Tokyo.

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