# Assize of Bread and Ale ## Definition Medieval English regulations that set the prices of bread and ale based on the prices of wheat and barley. These statutes attempted to maintain stable prices for essential food items by adjusting their prices according to grain market conditions. ## Source Chapter Book I, Chapter 11 ## Context Smith discusses the assize of bread and ale as another historical example of price regulation, using it to trace the changes in grain prices and the value of silver over time. ## Economic Domain Regulation ---