New Books in Economics

Today I'm speaking with Mordecai Kurz, Joan Kenney Professor of Economics Emeritus at Stanford University. We are discussing his latest book, Private Power and Democracy's Decline: How to Make Capitalism Support Democracy (MIT Press, 2026). After its high-water mark several decades ago, democracy's status continues to slide globally. Capitalism and democracy, which once seemed to comple...

Tissa Richards is a leadership expert, keynote speaker, and the award-winning author of No Permission Needed and Rethinking Resilience: Fueling Your Competitive Advantage. Her mission is to help bold, high-capacity leaders become unshakable. A repeat tech founder and CEO who has raised millions in funding, Tissa advises a wide array of companies on innovation and performance. In an era when trus...

The number of people in the world with a bank account or money service provider increased by 2 billion over the past decade. This phenomenon reflects what Dr. Tyler Girard calls the global financial inclusion agenda. This agenda emerged in the wake of the 2008 financial crisis and quickly became a prominent feature of global economic governance.  The core idea of financial inclusion is that all i...

Phil Le-Brun and Jana Werner are enterprise strategists at Amazon Web Services, based in London. Phil was previously a corporate VP and international CIO at McDonalds. Jana was formerly at DHL and studied uncertainty dynamics in academia. They are authors of The Octopus Organization: A Guide to Thriving in a World of Continuous Transformation published by Harvard Business Review Press. Octopus...

Privatising Humanity: How Our Essential Human Needs Became Financial Assets (Manchester UP, 2026) is the latest book from Dr Kate Bayliss, a Senior Research Fellow in the Department of Economics at SOAS, University of London. Dr Bayliss’ excellent title, published with Manchester University Press, is a critical examination of the privatisation paradigm. In the book, Dr Bayliss specifically anal...

In this interview I met with Dr. Juxuan Zhang (Osaka University) to discuss her research on the history of the Chinese apparel industry since 1979. Her paper with Prof Pierre-Yves Donzé (Osaka University) investigates the structural transformation of the Chinese apparel industry from 1980 to 2020. Following an approach of industry studies and classic business history, it focuses on the 10 largest...

Caroline Stokes is a strategist who works with C-Suites and Boards to lead their organizations through AI disruption, climate risk, and geopolitical instability. Her new book Aftershock to 2030: A CEO's Guide to Reinvention in the Age of AI, Climate, and Societal Collapse is published by Broad Book Press and serves as a roadmap for leaders navigating the tidal wave of change going on today. The...

Today I’m speaking with Mike Lane, Managing Director and co-founder of WeBuyBooks about the economics of the second-hand book business. WeBuyBooks is one of the UK’s largest second-hand book dealers. Mike talks about how he got his start in the book industry, which books sell and which don't, and what the future holds for the book industry more broadly. Mike also discusses other second-hand busine...

In Singapore, the financial center of Southeast Asia, hyperurbanization and commercial development exist alongside enduring belief in the economic power of ghosts: in their ability to control the flows of money and value and to determine the outcome of investments and wagers. Spectropolis: The Enchantment of Capital in Singapore (U Minnesota Press, 2025) explores the unlikely collusion of these t...

If governments provide financial support for affordable housing, should they provide support for inhabitants directly, or rather for the construction of dwellings? Dr. Max Krahé and Sara Schulte both work for the German economic think tank Dezernat Zukunft, and they aim to answer this question by looking at the past. In this interview we discuss the research design, the conclusions, and also what...

In Ladder or Lottery: Economic Promises and the Reality of Who Gets Ahead (University of California Press, 2026), Gary Hoover asks the reader a simple question: Is our economy a ladder or a lottery? Are people able to control their position on the economic spectrum by their actions? Some argue that, in our market-based economy, if you play by certain rules and make certain choices, you'll achiev...

More than any single institution, the US Federal Reserve drives global financial markets with its decisions and communications. While its interest rates are set by the 12-member Federal Open Market Committee (FOMC), for almost a century, the Fed’s underlying philosophy and operations approach have been moulded by one person: the Chair of the Board of Governors. Over The Chair’s eight episodes, Tim...

Lithium Extraction in Chile: Ontological, Ecological and Economic Dimensions (Routledge, 2025) is a new book from Dr Daniela Soto-Hernández, a Social Anthropologist currently working as a postdoctoral researcher at the University of Sussex. In this book, published with Routledge, Dr Soto-Hernández uses ethnographic methods during her intensive fieldwork in Chile, specifically in and around the Ata...

Anxious Homes: Inflexible Demand and China's Housing Market (Cornell UP, 2026) is a study of the power that shapes the forms of the homes Chinese citizens strive for and the possible paths they may take to realize their home ownership dreams. Based on extensive ethnographic fieldwork, Mengqi Wang discusses how the Chinese real estate industry functions in the everyday, welding aspirational middle-...

⁠How Low Interest Rates Change the World: Global Trends Caused by Low Rates and Emerging Factors Shaping the Future of Rates⁠ (Oxford UP, 2025) explores the societal impact of changing interest rates. Taking its starting point in the remarkable four-decade decline in global interest rates from 1980 to 2020, the book examines five global trends it caused, the underlying factors that drove interest...

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the a...

In an ever-shifting work landscape, leaders can no longer ignore their most overlooked stakeholders—their employees. In The Employee Advantage: How Putting Workers First Helps Business Thrive (PublicAffairs, 2024), behavioral economist Stephan Meier explains why organizations must value their employees as much as—if not more than—their customers: those that pivot toward an employee-centric model...

Epochal Crisis: The Exhaustion of Global Capitalism (Cambridge UP, 2025) is the most recent book from Professor William Robinson, Distinguished Professor of Sociology at the University of California, Santa Barbara. This title is the latest in excellent and ground-breaking titles from Professor Robinson in a distinguished career, where he began writing books on United States intervention into Nica...

The U.S. dollar is the world’s most important currency. Trade is priced in dollars, the world’s central banks keep U.S. dollars in reserve, some places–including my home of Hong Kong, peg their currencies to the dollar. But what explains the U.S. dollar’s success? And why have some challengers, like the Japanese yen or the Chinese yuan, failed to gain traction? Paul Blustein, author of King Dollar...

For more than two centuries, economists and researchers have struggled with the conundrum of reconciling Adam Smith’s views on economics and ethics. While some held that Smith’s capitalism and free markets institutionalized selfishness, greed, inequality and injustice, others focused on his theory of the moral nature of all human persons and the application of conscience and self-restraint in capi...

How did an economic system that was the result of largely uncoordinated and unplanned individual decisions come to dominate our modern world? This is the core question that my guest, Berkeley economic historian Trevor Jackson, tries to answer in his new book, The Insatiable Machine: How Capitalism Conquered the World (Norton, 2026). Jackson begins with the origins of the global monetary system in...

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The Fragile Dragon offers a unique exploration of China's rapid transformation and its evolving commercial relationship with the West. Drawing on the author's experience as president of the American Chamber of Commerce under Presidents Obama, Trump, and Biden, the book examines key business and political developments from both Western and Chinese perspectives. The narrative intertwines the story o...

How many times have you wanted to object, disagree, or opt out of something but ended up swallowing your words, shaking your head, and just going along? Featuring groundbreaking research, gripping stories, and easy everyday strategies, Defy reveals how to show up for yourself and others personally, professionally, and beyond. Sah’s data-driven approach shows why everyone needs the power of defianc...

In this sixth episode of Season 5, I interview Mr. Chris Griswold. An alum of Wheaton College and Princeton Theological Seminary, he was formerly a senior advisor to then Senator Marco Rubio, and is currently the Policy Director for American Compass—a leading center-right public policy think-tank. Recently, he contributed to the book, The New Conservatives (2025), an anthology edited by his collea...