The Wealth Of Wives: Women, Law And Economy In Late Medieval London By Barbara A Hanawalt

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London became an international center for import and export trade in the late Middle Ages. The export of wool, the development of luxury crafts and the redistribution of goods from the continent made London one of the leading commercial cities of Europe. While capital for these ventures came from a variety of sources, the recirculation of wealth through London women was important in providing both material and social capital for the growth of London's economy. A shrewd Venetian visiting England around 1500 commented about the concentration of wealth and property in women's hands. He reported that London law divided a testator's property three ways allowing a third to the wife for her life use, a third for immediate inheritance of the heirs, and a third for burial and the benefit of the testator's soul. Women inherited equally with men and widows had custody of the wealth of minor children. In a society in which marriage was assumed to be a natural state for women, London women married

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