De Malynes and others, and published in It was later included in a book of English proverbs collected by John Ray in The Law Merchant or lex mercatoria, was a system of law developed by medieval merchants to regulate commerce throughout the known world of Europe, North Africa, and Asia Minor.
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The laws had their roots in the days before nation states existed, and were based on the premise that laws should evolve from the commercial practices themselves, and that merchants, not local rulers, were the best source for creating and policing the laws. Much of today's commercial law is still based on the basic premises laid down by the Law Merchants. A startlingly exploration of the African diaspora in Europe, by an acclaimed international writer. Reader Reviews.
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