New Books in Economic and Business History

Paper was a precious commodity in the eighteenth century: every sheet was made by hand. There was therefore a significant market in recycling substandard paper from paper mills and discarded proofs and sheets from printers and booksellers for secondary use, alongside a black market in which stealing and receiving stolen paper took place on a vast scale. A single piece of paper could be termed ‘was...

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...

What has happened to Britain? As drivers on its roads can attest, it is the pothole capital of Europe. Once-beautiful towns now feature peeling paint, weeds, and broken railings. Public services are no longer fit for purpose. A malaise seems to infect every aspect of British life: its economy, polity, social order, sense of well-being, domestic regional relationships, and place in the world. In Th...

In the bustling market towns and growing cities of medieval England between 1200 and 1600, public works were the lifelines of urban society. In Urban Infrastructure in Medieval England: Sustainability and Resilience (Johns Hopkins University Press, 2026), Dr. Roberta J. Magnusson offers the first comprehensive study of how medieval towns built, financed, and sustained their defenses, bridges, stre...

In Shoe Workers in Hannibal, Missouri: The Rise and Fall of Manufacturing in America’s Hometown, 1890–1970 (LSU Press, 2026), Dr. Gregg Andrews examines the history of factory laborers in a celebrated Mississippi River town. In the late 1890s, shoe manufacturing transformed Mark Twain’s boyhood home from a steamboat village to a factory town. By the mid-1920s, the St. Louis–based International Sho...

Dan Rood’s In the Shadow of the Great House (W.W. Norton & Co., 2026) is one of the first contemporary books to focus on the primary engine of slavery, race, and capitalism in this country: the plantation. The plantation was invented on the small Atlantic island of São Tomé in the 1500s, and the island also became the site, soon enough, of the first slave revolt. The brutal technology was then per...

Who gets to be a creative worker? In Blame the Intern: On (Not) Breaking Into the Creative Economy, (Princeton University Press, 2026) Alexandre Frenette, an Assistant Professor of Sociology at Vanderbilt University, examines the relationship between work and education in the difficult moment of the early career transition from university to industry. Drawing on a detailed case study of the music...

A revealing look at the decline in formal employment in favor of hiring contractors, freelancers, temps, and marginal workers, who are excluded from traditional benefits and career ladders. Companies cannot exist without workers, but they are increasingly reluctant to have employees. Instead of providing the benefits and protections that have traditionally come with employee status, businesses are...

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...

Tamil Buddhism and Brahminism in Modern India: Deep Resistance Against Caste (Oxford University Press, 2026) explores Tamil Buddhism in modern India, focusing on its emergence as a response to caste-based oppression during the late nineteenth and early twentieth centuries. Central to this movement was Pandit Iyothee Thass (1845–1914), a pioneering intellectual who reinterpreted India’s Buddhist pa...

A respected voice on technology shows how seemingly simple ads help dismantle democracy and public discourse. Whether you’re intentionally shopping or casually browsing social media, something is following you: ads. Their creators seem to know your income bracket, politics, age, location, medical conditions, and tastes in clothing, food, and romantic partners. As advertising firms use predictive A...

In May, 1926, nearly three million British workers downed tools to support nearly one million of their countrymen, miners whose employers meant to lengthen their working day and cut their pay. This General Strike brought the country to a grinding halt - which, according to Conservative Prime Minister Stanley Baldwin, represented a threat not merely to the nation but to the parliamentary system its...

In his latest book, Pink Tsunami: The Hello Kitty Kawaii Wave that has Swept the World (Headpress 2026), Alan Brender delves into Hello Kitty the marketing wonder and cultural phenomenon, who has been around for 50 years. There are theme parks, restaurants, cafes and hotels dedicated to her. There are millions worldwide who buy Hello Kitty products, superfans who don’t know when to stop and amass...

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...

British daily newspapers transformed rapidly at the turn of the nineteenth century, ballooning in size and radically reorganizing staffing and production decade by decade. By mid-century, newspapers had grown from the folded single sheets of the previous century to large multi-page broadsheets, so impressive in the quantity of print they held and their speed of production that one of their nicknam...

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...

For two centuries, multinational enterprises (MNEs) have arrived in waves on Australia’s shores. Highly visible and influential household names among them – Ford, IBM, Kodak, Electrolux, ANZ – but also many smaller, lesser-known enterprises. Foreign MNEs in Australia today account for almost half of our top 2,000 firms and control over A$1.4 trillion of assets. There is much we do not understand a...

Between the late 1940s and the end of the twentieth century, natural gas became Iran's bedrock energy source. Billed as a futuristic fuel for a future world power, gas became an avenue for the country's developmentalist ambitions. The ability to build technologically sophisticated infrastructures served as a powerful tool of state legitimation, both before and after the 1979 Revolution, and tied t...

Can publishing change the world? In Dispatches from the Avant-Garage: The Alternative Press Rebecca Kosick (Wayne State UP, 2026), an Associate Professor in Comparative Poetry and Poetics at the University of Bristol, tells the story of The Alternative Press. Beginning in Detroit in the late 1960s, initially based in the house of Ann and Ken Mikolowski, the press created a rich and eclectic set o...

Mesrob Vartavarian has written a wonderful book. Privileged Minorities: A History of Wealth Concentration on South Africa (Ohio UP, 2026) argues that the rise of privileged minorities – small, exclusive groups that dominate political and economic life – parallels the development of successful anticolonial movements. Vartavarian traces how distinct sociocultural groups in South Africa navigated and...

Engineering Global Socialism: Ownership, Non-Alignment, and Corporate Culture in a Bosnian Company (Indiana UP, 2026) chronicles the journey of the Bosnian global corporation Energoinvest and its workers from its Yugoslav socialist ideals through decades of dissolution, reconstruction, and post-socialist transformation. Author Anna Calori provides a company-centric window into the business history...

From the mid-nineteenth century through the dust bowl years of the Great Depression, a new kind of migrant worker became a familiar sight in communities across America. The Hobo: A History of America's First Climate Migrants (Princeton UP, 2026) by Dr. Robert Suits traces the journeys of these homeless men and women, showing how hobo work was an adaptation to energy transitions and a harsh and unp...

Commercial seafaring, both dangerous and with large amounts of capital at stake, was the source of the risk-management institutions that still undergird the global economy today. A key institution of early modern risk management was General Average, a procedure used to redistribute extraordinary costs arising from a maritime venture between all financially interested parties. For example, should o...

In Wild Tides: Media Infrastructure and Financial Crisis in Ireland (Duke University Press, 2026), Patrick Brodie maps the shifting fortunes of the Irish economy before the 2008 financial crisis up to 2020, outlining how the Irish state moved from rampant and irresponsible financialized development to incentivizing private media infrastructure and policy as instruments for economic recovery. Brodi...

Decades before Miami became Havana USA, a wave of leftist, radical, working-class women and men from prerevolutionary Cuba crossed the Florida Straits, made Ybor City the global capital of the Cuban cigar industry, and established the foundation of latinidad in the Sunshine State. Located on the eastern edge of Tampa, Ybor City was a neighborhood of cigar workers and Caribbean revolutionaries who...