In reading The credit crunch of 1294: Causes, consequences and the aftermath, one can go back in time to reflect on the nothing new under the sun theme. This VoxEU piece is much too much fun for anyone to try to describe it or editorialize about it. Please click on the link and get closer to 1066 and all that than you would have thought to have experienced today.
As an aperitif, here is an unexpected fact(oid). Edward I was really the fourth Edward who ruled England. From Wikipedia:
Edward I (17 June 1239 – 7 July 1307), popularly known as Longshanks, the English Justinian, and the Hammer of the Scots (Scottorum malleus), was a Plantagenet King of England who achieved historical fame by conquering large parts of Wales and almost succeeding in doing the same to Scotland. However, his death led to his son Edward II taking the throne and ultimately failing in his attempt to subjugate Scotland. Longshanks reigned from 1272 to 1307, ascending the throne of England on 16 November, 1272 after the death of his father, King Henry III. His mother was queen consort Eleanor of Provence.
As regnal post-nominal numbers were a Norman (as opposed to Anglo-Saxon) custom, Edward Longshanks is known as Edward I, even though he was England's fourth King Edward, following Edward the Elder, Edward the Martyr, and Edward the Confessor.
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