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The Capetian line died out in 1328, leaving no male heir. Edward II of England claimed the French throne by virtue of his descent (via his mother) from Philip IV of France. This was rejected by the French barons, who supported the rival claim of Philippe of Valois (Philip VI of France). The Hundred Years' War thus began, followed swiftly by the arrival of the Black Death.

A concentration camp was established in the Parisian suburb of Drancy to serve as a waystation en route to Auschwitz. Some 70,000 people passed through the camp. Contrary to later assertions by postwar French governments, the camp was run by the French authorities on behalf of the Nazis until July 1943, and the roundups were orchestrated by the Vichy French police. This was only acknowledged by the French government in 1995 and memorialised only as recently as 2001.

Greater Paris metropolitan area, with a total GDP higher than Australia, is the largest financial and business center of continental Europe (on par with London), harboring more than 30% of France's white-collar population, as well as more than 40% of the headquarters of French companies, with the largest business district of Europe (La Défense), and the 2nd largest stock exchange in Europe (Euronext).

Several schools on the Left Bank were grouped together into the Sorbonne, which counts Albertus Magnus and St. Thomas Aquinas among its early scholars. In the Middle Ages Paris prospered as a trading and intellectual nucleus, interrupted temporarily when the Black Death struck in the 14th century. Under the reign of King Louis XIV, the Sun King, from 1643 to 1715, the royal residence was moved from Paris to nearby Versailles.

Under Louis XVI, Paris reached new heights of prestige as a centre of the arts, sciences and philosophy. It was in Paris that the Montgolfier brothers made their historic balloon ascents in 1783. However, the French state was by now virtually bankrupt, its finances drained by the Seven Years' War and the French intervention in the American War of Independence.

Paris' party continued virtually until the eve of the outbreak of the First World War on 2 August 1914. Like other French cities, Paris initially welcomed the war as an opportunity to gain revenge for the defeat of 1870. Within a month, however, the city was full of refugees and the Germans were just 15 miles from the city. The government was evacuated to Bordeaux in the expectation that Paris would again fall to German forces.

The city's escape from Attila proved a short-lived reprieve, as it was attacked and overrun in 464 by Childeric I (Childeric the Frank). His son Clovis I made the city his capital in 506 and was buried there on his death in 511, alongside St. Geneviéve.

His great-grandson Louis XV became king at the age of only five, with Philip of Orleans serving as regent. The Court returned to Paris, with the new king installed in the Palais-Royal. Philip quickly gained a reputation for corruption and debauchery. His involvement in the financial scandal of the South Sea Bubble in 1720 greatly discredited him, freeing Louis XV to move the court back to Versailles.