This article presents two recent studies on the late medieval economy of two Franciscan friaries (Avignon and Lausanne) and compares them with the findings of similar investigations in other places. The accounting records show that, despite their allegiance to the Conventuals, the two friaries only scarcely relied on income from real estate. Theirs was rather �a conventual economy based on mendacity and the liturgy of the dead�, which means a rather large percentage of non-permanent offerings like alms, bequests and mass-stipends. Since the 15th century, though, permanent income from different kinds of annuities (pensiones) bypassed the typical Franciscan stress on economic insecurity. The records, the author concludes, display rather pragmatic choices to run the friars� economy and are less concerned with the accurate implementation of the Order�s ideals.
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