Any idea what the market price was (in real terms) for sending a package from Madrid to Constantinople?
 
Seiji
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Seiji Steimetz                                             Office: SST 311
Dept. of Economics                                      (949) 824-1390
University of California, Irvine
3151 Social Science Plaza                      [EMAIL PROTECTED]
Irvine, CA 92697                        www.ags.uci.edu/~ssteimet
 
"We dance round in a ring and suppose,
But the Secret sits in the middle and knows." - Robert Frost
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----- Original Message -----
Sent: Tuesday, January 09, 2001 3:10 PM
Subject: The Medieval Postal Service


Last summer, I argued with a friend over the privatization of the postal
service. He said that the postal service already did a good job as
one could ask for. A bystander opined that without market forces, how
could one really know if a job was done efficiently or not?

With the postal service, I now have an a partial answer. I was
reading a Menand's history of the Mediterranean in the 1400's.
He caclulated that it took about two weeks, during good weather
and peaceful times, for a package to move from Madrid to Constantinople.
Not bad. The current postal service offers first class packages in about
7-10 working days. CDnow routinely tells customers 14 days is to be
expected. Interesting.

-fabio

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