New Books in Economic and Business History

This open access book is about Mozambicans and Angolans who migrated in state-sponsored schemes to East Germany in the late 1970s and throughout the 1980s. They went to work and to be trained as a vanguard labor force for the intended African industrial revolutions. While they were there, they contributed their labor power to the East German economy. This book draws on more than 260 life history i...

In this episode, host Andrea Talabér (CEU Press) sat down with Emília Barna to discuss her new book, Working in Music on the Semiperiphery: Local Cultural Production and Global Capitalism (CEU Press, 2025). We talked about the changes and continuities that the Hungarian music industry underwent from the communist to the post-communist era, the impact of the Covid-19 pandemic on Barna’s research, a...

Vanilla is one of the most expensive of flavorings—so valuable that it was smuggled or stolen by pirates in the early days—and yet it is everywhere. It is a key ingredient in dishes ranging from crème brûlée to Japanese purin. It is the quintessential ice cream flavor in the United States. In Vanilla: The History of an Extraordinary Bean (Yale UP, 2025) Dr. Eric T. Jennings explains how the world’...

Since the Reagan era, conservatives in the United States have championed cutting taxes, especially for wealthy individuals and corporations, as the best way to achieve economic prosperity. In his new book, Pay Up!: Conservative Myths about Tax Cuts for the Rich (Cambridge UP, 2025) John L. Campbell shows that while these claims are highly influential, they are also wrong. Using historical and cros...

From the bustling ports of Lisbon to the coastal inlets of the Bight of Benin to the vibrant waterways of Bahia, Black mariners were integral to every space of the commercial South Atlantic. Navigating this kaleidoscopic world required a remarkable cosmopolitanism--the chameleonlike ability to adapt to new surroundings by developing sophisticated medicinal, linguistic, and navigational knowledge....

Extraction: The Frontiers of Green Capitalism (W.W. Norton, 2025) is an in-depth analysis into the growing industry of green technologies and the environmental, social, and political consequences of the mining it requires. In the fight against climate change, lithium's role in reducing emissions by powering green economies is a mixed blessing. Drawing on groundbreaking fieldwork in Chile, Nevada,...

The Business of Transition: Jewish and Greek Merchants of Salonica from Ottoman to Greek Rule (Stanford UP, 2024) examines how the cosmopolitan bourgeoisie of the Eastern Mediterranean navigated the transition from empire to nation-state in the early twentieth century. In this social and cultural history, Paris Papamichos Chronakis shows how the Jewish and Greek merchants of Salonica (present-day...

In the years after World War II, as women were being pushed from wartime jobs for returning soldiers, government and business leaders—and women themselves—saw small business ownership as a viable economic solution. In just five years, US women owned nearly a million of the nation’s businesses. In the decades since, women have moved increasingly into business ownership, often outpacing male start-u...

“The acme of skill,” Sun Tzu wrote in The Art of War, is not “to win one hundred victories in one hundred battles,” but “to subdue the enemy without fighting.” The author of Chokepoints: American Power in the Age of Economic Warfare (Portfolio, 2025) has devoted much of his career to exploring how economic power can advance this goal. He served on the teams at the U.S. State Department that design...

For decades coal has been crucial to America's culture, society, and environment, an essential ingredient in driving out winter's cold, cooking meals, and lighting the dark. In the coalfields and beyond, in Black Gold: The Rise, Reign, and Fall of American Coal (University of California Press, 2025) Bob Wyss describes how this magical elixir sparked the Industrial Revolution, powered railroads, an...

Driving Terror: Labor, Violence, and Justice in Cold War Argentina (U New Mexico Press, 2025) by Dr. Karen Robert tells the story of twenty-four Ford autoworkers in Argentina who were tortured and “disappeared” for their union activism in 1976, miraculously survived, and pursued a decades-long quest for truth and justice. In December 2018, more than four decades after their ordeal, the men won a h...

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of se...

How many female entrepreneurs, economic revolutionaries, merchants, and industrialists can you name? You would be forgiven for thinking that, until very recently, there were none at all. But what about Phryne, the richest woman in ancient Athens, who offered to pay to rebuild the walls of Thebes after the city was razed by Alexander the Great? Or what about Priscilla Wakefield, the writer who set...

Bradley Gorski, a literary and culture scholar, examines the breakneck commercialization of Russian book publishing and of Russian literature more broadly – in the wake of the collapse of the Soviet Union. In the early 1990s, thousands of new publishers emerged, up from a mere two hundred at the Soviet Union’s end. The notion of the “bestseller” quickly came to dominate the new market, fueling he...

From 1907 to 1967, a network of reservoirs and aqueducts was built across more than one million acres in upstate New York, including Greene, Delaware, Sullivan, and Ulster Counties. This feat of engineering served to meet New York City’s ever-increasing need for water, sustaining its inhabitants and cementing it as a center of industry. West of the Hudson, it meant that twenty-six villages, with t...

Moorings: Voyages of Capital across the Indian Ocean (U of California Press, 2025) follows sailors from the Gulf of Kachchh in India as they voyage across the Indian Ocean on mechanized wooden sailing vessels known as vahans, or dhows. These voyages produce capital through moorings that are spatial, moral, material, and conceptual. With a view from the dhow, the book examines the social worlds of...

Crusading for Globalization: US Multinationals and Their Opponents Since 1945 (University of Pennsylvania Press, 2025) tells the story of an extraordinarily influential group of business executives at the helms of the largest US multinational corporations and their quest to drive globalization forward over the last eight decades. Janick Marina Schaufelbuehl argues that the spectacular expansion of...

The Social Railway and Its Workers in Europe’s Modern Era, 1880-2023: Moments of Fury, Ramparts of Hope (Bloomsbury, 2025) by Dr. David Welsh examines the evolution of rail transport and a number of railway workforces across Europe in the modern era, from around 1880 to 2023.Each chapter explores how, within the context of a social railway, rail workers developed distinct national and internationa...

Jumping Through Hoops: Performing Gender in the 19th Century Circus, by Betsy Golden Kellem, reveals the hidden history of early female circus performers: boundary-breaking women like Lavinia Warren, known as the Queen of Beauty; to Millie-Christine McKoy, the Two-Headed Nightingale; to Patty Astley, the mother of the modern circus. These astounding female and gender-nonconforming artists wrestled...

Cecil John Rhodes became one of the most influential people in the history of the British Empire. He made a fortune in South Africa by leading the world's most important diamond mining company, De Beers, as well as a gold-mining concern called Consolidated Gold Fields. While he was a busy entrepreneur, he was also a member of the Cape Colony's legislature and served as prime minister from 1890 to...

The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch e...

Eyes by Hand: Prosthetics of Art and Healing (MIT Press, 2025) is a book about artificial eyes—about the artisans and artists who make them, and about the life-changing and sometimes life-saving experience of wearing them, as author Dan Roche has done for 15 years. Eye making is done by hand, for one person at a time, by a very small number of ocularists (fewer than 200 in the US); it is a slow, i...

David McNally's Slavery and Capitalism: A New Marxist History (U California Press, 2025)presents the first systematic Marxist account of the capitalist character of Atlantic slavery. McNally argues that enslaved labour within the plantation system constituted capitalist commodity production, and crucially, reframes the resistance of enslaved people as profound labour struggles. He posits a "social...

Maren A. Ehlers’s Give and Take: Poverty and the Status Order in Early Modern Japan (Harvard University Asia Center, 2018) examines the ways in which ordinary subjects—including many so-called outcastes and other marginalized groups—participated in the administration and regulation of society in Tokugawa Japan. Within this context, the book focuses on self-governing occupation-based and other stat...

Peoples & Things host, Lee Vinsel, talks with Tiia Sahrakorpi, Visiting Professor at Weber State University, about her interesting book project, Our Land: An Oral History of Energy, which was funded by the Research Council of Finland. The project, which was rooted in oral histories in three locations in Finland, takes a use-based perspective and examines how ordinary Finnish people adopted and use...