Critiquing the Myth in Traditional Price Research It points out that past price research in economic history has been haunted by the myth of "open-market prices free from political coercion." However, the Ming Dynasty lacked high-quality...
moreCritiquing the Myth in Traditional Price Research
It points out that past price research in economic history has been haunted by the myth of "open-market prices free from political coercion." However, the Ming Dynasty lacked high-quality grain price data comparable to that of the Qing Dynasty; most price data originated from official budget records or administrative regulations, failing to meet the "ideal" price standard. The thesis argues that pre-modern prices, both in China and Europe, were embedded in political and social relations—a characteristic even more pronounced in the Ming Dynasty due to the fiscal record nature of its price data. Therefore, before utilizing price data, it is essential to first examine the political and economic structures reflected in the process of generating such data.
Proposing a New Approach to Price History Research
The thesis criticizes the traditional practice of treating price data merely as research materials. Instead, it advocates regarding price data itself as the object of study, exploring the mechanisms through which it was generated, recorded, and transmitted in social life and bureaucratic administration. This mechanism, the thesis argues, can reflect the political and economic structures of a state and society. Additionally, it emphasizes the need to examine both the formation system of price data (including fiscal prices, government survey prices, and private transaction prices) and the documentary system recording such data, verifying the dates of documents and the prices they record to avoid distorting judgments about price trends.
Elaborating on Price Data Interpretation and Consumption Basket Construction
The thesis affirms the book’s qualitative interpretation method of classifying fragmented Ming Dynasty price data by magnitude (tael, qian, fen). This approach, it argues, facilitates understanding of different consumption levels and commodity categories—for instance, changes in the price magnitude of pepper effectively illustrate relevant issues. Since price history focuses not on absolute values but on fluctuation trends and ranges, interpreting the magnitude of multi-source price data and analyzing relatively stable fiscal prices (of a budgetary nature) can help observe long-term price trends. The thesis also evaluates the book’s contribution in constructing two consumption baskets (for subsistence and decent living) to discuss people’s living standards and income levels at that time, while pointing out shortcomings: the composition of the consumption baskets should balance general experience with historical evidence; some items (e.g., inkstone boxes, boot racks) are not essential for minimum subsistence; and the classification of official furniture fails to correspond to consumption levels. Moreover, the calculation of official salaries omits the value of grain rations, banknote-converted salaries, and, crucially, firewood allowances (which accounted for 40% of the total silver income for first-rank officials).
Exploring the Utilization of Abnormal Prices and Research Limitations
The thesis acknowledges the book’s insightful use of abnormal prices (e.g., famine prices), such as treating them as indicators of climate conditions. However, it questions the view that "famine grain price trends represent general grain price trends," arguing that the two may be contradictory—famine grain price trends primarily reflect changes in famine severity rather than general price trends. The thesis also notes the study’s geographical limitation: most cases are drawn from the Jiangnan region, with insufficient coverage of famines in northern China. Although the conclusion cites inscriptions from Shaanxi to address this issue, it still hinders readers’ comprehensive understanding of the connection between prices and social conditions across different regions of the Ming Dynasty.