New Books in Economics

Today I have the pleasure of speaking with Gary Hoover about his new book, Ladder or Lottery: Economic Promises and the Reality of Who Gets Ahead (University of California Press, 2026). Gary is Professor of Economics and Executive Director of the Murphy Institute at Tulane University. One of the most challenging aspects of life is that sometimes, despite our very best efforts, we still miss the ma...

The volume addresses issues of security and risk in economic and business history. A focus lies on the study of security in order to highlight the central role of preventive measures, corresponding corporate strategies, (public) demands for measures to promote security, and the conscious avoidance of actions considered risky. It is less on questions of risk avoidance and more on the analysis of de...

Decolonization has long been debated across the social sciences, but the economics discipline has so far avoided such critical engagement. Decolonizing Economics: An Introduction (Polity, 2024) provides a much-needed intervention.Dutt, Alves, Kesar, and Kvangraven uncover the deeply Eurocentric foundations that shape how economists study the world today. These have rendered the discipline ill-equ...

Doubts about the international dominance of the dollar are only growing amid worries about tariffs, political dysfunction, and fraying international alliances. Will the dollar continue to reign supreme? In Money Beyond Borders, the leading authority on international currencies, Barry Eichengreen, puts the dollar's prospects in deep historical perspective by chronicling the entire history of cross-...

We chat with historian David Kirsch, Associate Professor of Management and Entrepreneurship at University of Maryland's Robert H. Smith School, about how to understand the Dot Com bubble and bust of the late 1990s and early 2000s. David both lived through the Dot Com moment as a California resident and is a scholar of technology bubbles, including through his coauthored book, Bubbles and Crashes:...

In a region known for its export of oil, Monarchies of Extraction: The Gulf States in the Global Food System (Cambridge UP, 2026) explores how the Gulf states are simultaneously defined by the importation of food. Charting the economics and politics of the Gulf through an examination of its food system, Christian Henderson demonstrates how these states constitute a distinct social metabolism withi...

It’s one of the biggest questions in economic history: How did a richer, more advanced China fall behind Europe? Why was Europe the home of the Industrial Revolution, and not China? And what does that journey tell us about politics and culture? In Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000 (Princeton UP, 2025), Guido Tabellini, alongside his co-authors, argue...

John is joined by the brilliant and affable Paul Kramer of Vanderbilt (The Blood of Government) to discuss Capitalism: A Global History (Penguin, 2025) by Sven Beckert, Laird Bell Professor of History at Harvard University. With Christine A. Desan (Recall This Book adores her) he is the co-director of the Program on the Study of Capitalism at Harvard University. This builds on his marvelous previo...

The Political Economy of Oil in Venezuela: Class Conflict, the State, and the World Market (Brill, 2026) is the latest book from Dr. Kristin Ciupa, Associate Professor of Sociology at the University of Regina. Published with Brill, this book provides a detailed and engaging account of the historical development of Venezuela’s political economy and interrelated oil industry. The book takes us from...

Societal grand challenges have taken a toll on humanity, which finds itself at a crossroads. The concentration of wealth and economic inequality, the dominance of Big Tech firms, the loss of privacy and free choice, and the overconsumption and abuse of natural resources have been reinforced by globalization. Regulation, legislation, international treaties, and government and corporate policies hav...

In Work Won’t Love You Back: How Devotion to Our Jobs Keeps Us Exploited, Exhausted, and Alone (Bold Type Books, 2021), Sarah Jaffe argues that modern culture encourages workers to see their jobs as a “labor of love.” This idea tells people that passion and dedication should motivate them more than pay or working conditions. Jaffe shows that this belief often allows employers to justify low wages...

In his new book, The Political Economy of Security (Princeton University Press, 2026), Stephen Brooks provides a systematic empirical and theoretical examination of how economic factors influence security affairs. Empirically, he analyzes how various economic variables affect interstate war, terrorism, and civil war; in total, sixteen pathways are examined.  Brooks shows that the relationship betw...

In Company Towns: Industry Power and the Historical Foundations of Public Mistrust (University of Chicago Press, 2026), Dr. Elizabeth Mitchell Elder examines the long-lasting political legacies of mining-company dominance in the Midwest and Appalachia. While the economic consequences of deindustrialization are well-known, Dr. Elder shifts the focus to a more insidious problem: the political dysfun...

We all understand that knowledge shapes the fate of business and the growth of nations, but few of us are aware of the principles that govern its motion. The Infinite Alphabet: And the Laws of Knowledge (Allen Lane, 2026) unravels the laws describing the growth and diffusion of knowledge by taking you from a failed attempt to build a city of knowledge in Ecuador to the growth of China's innovation...

Today I’m speaking with economist Bryan Caplan about education and bullshit, with a particular focus on his book, The Case Against Education: Why the Education System Is a Waste of Time and Money (Princeton University Press, 2018). In our modern economy, possessing a college degree feels like a necessity for professional advancement. The age of good jobs for college dropouts is largely gone as mor...

As European empires crumbled in the 20th century, the power structures that had dominated the world for centuries were up for renegotiation. Yet instead of a rebirth for democracy, what emerged was a silent coup – namely, the unstoppable rise of global corporate power. Exposing the origins of this epic power grab as well as its present-day consequences, Silent Coup: How Corporations Overthrew Demo...

Are jobs fair? In The Accidental Equalizer: How Luck Determines Pay after College (U Chicago Press, 2023), Jessi Streib, an associate Professor of Sociology at Duke University, uncovers the remarkable story of the way luck shapes the hiring process for a key strata of business jobs in America. Offering a thesis that is initially counterintuitive but clearly argued, empirically grounded, and ultima...

Making War Safe for Capitalism: The World Bank, IMF, and the Conflict in Ukraine (Bristol UP, 2025) by Dr. Elliot Dolan-Evans examines the impact of World Bank and International Monetary Fund (IMF) economic restructuring programmes during active conflicts. Using a critical political economy perspective, the book explores how these restructuring efforts affect vulnerable communities’ survival amid...

Most development histories focus on large-scale projects and multi-year plans. But how would we understand development differently if we chose a different starting point? In Village Work: Development and Rural Statecraft in Twentieth-Century Ghana (Ohio UP, 2021), Alice Wiemers exchanges the center for the periphery. Writing outwards from Kpasenpke, a village in northern Ghana, Wiemers shows how t...

In Money and Promises: Seven Deals That Changed the World, the distinguished banker, executive, and historian Paolo Zannoni examines the complex relationship between states and banks that has changed the world. Drawing on in-depth archival research, he explores seven case studies: the republic of Pisa, seventeenth-century Venice, the early years of the Bank of England, imperial Spain, the Kingd...

In this episode, Joe Williams speaks with Andrew White about how the digital economy is reshaping inequality, work, and the social contract. Drawing on the themes of his book Inequality in the Digital Economy: The Case for a Universal Basic Income (Palgrave Macmillan, 2024), our conversation explores why technological progress has not translated into shared prosperity, how structural features of...

In The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations (Columbia Business School Publishing, 2025) Donald Chew profiles key figures in the development of modern corporate finance while emphasizing their counterintuitive lessons for shareholders, companies, and countries. He deals with such questions as: Why did the stagflation of the 1970s...

The Highest Exam: How the Gaokao Shapes China (Harvard UP, 2025), provides a detailed, research-driven survey of the gaokao, China's high-stakes college entrance exam. Authors Ruixue Jia and Hongbin Li--past test-takers themselves--show how the exam system shapes schooling, serves state interests, inspires individualistic attitudes, and has lately become a touchstone in US education debates.   Rui...

China's approach to digital governance has gained global influence, often evoking Orwellian 'Big Brother' comparisons. Governing Digital China (Cambridge UP, 2025) challenges this perception, arguing that China's approach is radically different in practice. This book explores the logic of popular corporatism, highlighting the bottom-up influences of China's largest platform firms and its citizens...

Untangling the Political Roots of Immigration and Inequality in the United States (Routledge, 2026) examines the causes, consequences, and politics of mass migration and growing inequality by investigating the case of the United States – the quintessential immigrant nation. While scholars, policy makers, and advocates have put forth a variety of explanations, many misdiagnose the causes and put f...