New Books in Economic and Business History

In An Urban History of China (Cambridge UP, 2021), Toby Lincoln offers the first history of Chinese cities from their origins to the present. Despite being an agricultural society for thousands of years, China had an imperial urban civilization. Over the last century, this urban civilization has been transformed into the world's largest modern urban society. Throughout their long history, Chinese...

No animal is so entangled in human history as the horse. The thread starts in prehistory, with a slight, shy animal, hunted for food. Domesticating the horse allowed early humans to settle the vast Eurasian steppe; later, their horses enabled new forms of warfare, encouraged long-distance trade routes, and ended up acquiring deep cultural and religious significance. Over time, horses came to power...

The pursuit of wealth is considered an essential function of human nature, and greed is an unspoken civic virtue. Many of us revere billionaires and Wall Street rain-makers, then complain about “the system” being rigged, and wonder why the country doesn’t seem to work for the little guy anymore. Some blame the Deep State for income inequality and corruption, and others blame capitalism, but the tr...

With the rise of the gramophone around 1900, the shellac disc traveled the world and eventually became the dominant sound format in the first half of the twentieth century. Format Friction brings together a set of local encounters with the shellac disc, beginning with its preconditions in South Asian knowledge and labor, to offer a global portrait of this format. Spun at seventy-eight revolutions...

Where the Red-Winged Blackbirds Sing: The Akimel O'odham and Cycles of Agricultural Transformation in the Phoenix Basin (UP of Colorado, 2021) is not a simple story of environmental decline and colonial imposion. In this brilliantly interdisciplinary book, Goucher College peace studies professor Jennifer Bess instead weaves a complicated narrative of change, stability, autonomy, and adaptation, fo...

Between Here and There is the first history of the creation of modern US-Mexico migration patterns narrated from multiple geographic and institutional sites. This book analyzes the interplay between the US and Mexican governments, civic organizations, and migrants on both sides of the border and offers a revisionist and comprehensive view of Mexican migration as it was established in the early twe...

Marx’s Capital looms large today, a century and a half after first publication, a massive tome that attempts to document and map out the dynamics of a society consumed by capital accumulation. The complexity and scope, as well as its voluminous incompleteness upon his death, have left many readers perplexed, looking for a ‘royal road’ to comprehension. However, this has led to a number of misreadi...

Sarah Teasley's Designing Modern Japan (Reaktion, 2022) unpicks the history of Japanese design from the mid-nineteenth century to the end of the twentieth, focusing on continuities and disruptions within communities and practices of design. Designing Modern Japan explores design in the unfolding contexts of modernization, empire and war, defeat and reconstruction, postwar economic acceleration, an...

The legendary Magnum photo agency has long been associated with heroic lone wolf male photographers such as Robert Capa and Henri Cartier-Bresson, roaming the world in search of the “decisive moment” – the perfect shot that captured the essence of a major news story. Nadya Bair’s highly original book The Decisive Network: Magnum Photos and the Postwar Image Market (University of California Press 2...

Mao and Markets: The Communist Roots of Chinese Enterprise (Yale University Press, 2022) by Dr. Christopher Marquis & Dr. Kunyuan Qiao presents a thoroughly researched assessment of how China’s economic success continues to be shaped by the communist ideology of Chairman Mao It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by t...

Sanctions have become the go-to foreign policy tool for the United States. Coercive economic measures such as trade tariffs, financial penalties, and export controls affect large numbers of companies and states across the globe. Some of these penalties target nonstate actors, such as Colombian drug cartels and Islamist terror groups; others apply to entire countries, including North Korea, Iran, a...

Sanctions have become the go-to foreign policy tool for the United States. Coercive economic measures such as trade tariffs, financial penalties, and export controls affect large numbers of companies and states across the globe. Some of these penalties target nonstate actors, such as Colombian drug cartels and Islamist terror groups; others apply to entire countries, including North Korea, Iran, a...

On October 30, 1975, the New York Daily News printed the most famous headline in its history: “Ford to City: Drop Dead.” The previous day, President Gerald Ford had delivered a speech at the National Press Club in Washington on the looming bankruptcy of New York City. In the speech, Ford publicly denied the near-bankrupt New York City a federal bailout. The next morning, the streets of Manhattan w...

Is artificial intelligence going to take over the world? Have big tech scientists created an artificial lifeform that can think on its own? Is it going to put authors, artists, and others out of business? Are we about to enter an age where computers are better than humans at everything? Linguist Emily M. Bender and sociologist Alex Hanna make clear that kind of thinking is a symptom of a phenomeno...

Against long odds, the Anishinaabeg resisted removal, retaining much of their land in the Old Northwest—what’s now Michigan, Wisconsin, and Minnesota. Their success rested partly on their roles as sellers of natural resources and buyers of trade goods, which made them key players in the political economy of plunder that drove white settlement and US development in the region. But, as Michael Witge...

 Today I’m speaking with Marcus Golding, historian and Director of Educational Operations at ClioVis. ClioVis is an incredible software and learning tool that allows educators and studies to create digital timelines, network visualizations, and interactive presentations. Founded by UT Austin history professor Erika Bsumek, ClioVis is made for professors and teachers by current professors and schol...

Apostles of Development: Six Economists and the World They Made (Oxford University Press and Penguin RandomHouse South Asia, 2025) by Dr. David Engerman recounts the work of six individuals, all former classmates at Cambridge University, who helped make international development--the effort to reduce poverty and inequality around the world--into a juggernaut of the second half of the twentieth cen...

The year 2025 marks the 80th anniversary of the end of the Second World War, a conflict that solidified SPAM’s place in global food culture. Created by Hormel Foods in 1937 to utilize surplus pork shoulder during the Great Depression, SPAM became an essential resource during the Second World War, and helped shape perceptions of American culture. SPAM: A Global History (Reaktion, 2025) by Dr. Kelly...

Ordinary items take on new meanings when you cast them in different light. The origins of tea, coffee and sugar are well known, but when you discover that gym treadmills were pioneered on plantations or that denim jeans were once clothing for enslaved people, you can't help but ask where else the legacy of slavery hides in plain sight. Through the stories of thirty-nine everyday places and objects...

Ghana’s twentieth century was one of dramatic political, economic, and environmental change. Sparked initially by the impositions of colonial rule, these transformations had significant, if rarely uniform, repercussions for the determinants of good and bad nutrition. All across this new and uneven polity, food production, domestic reproduction, gender relations, and food cultures underwent radical...

Central bank cooperation during global financial crises has been anything but consistent. While some crises are arrested with extensive cooperation, others are left to spiral. Going beyond explanations based on state power, interests, or resources, in Bankers' Trust: How Social Relations Avert Global Financial Collapse (Cornell University Press, 2025) Dr. Aditi Sahasrabuddhe argues that central ba...

For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—becam...

Imagine a world in which clothing wasn't superabundant – cheap, disposable, indestructible – but perishable, threadbare and chronically scarce. Eighty years ago, when World War II ended, a textile famine loomed. What would everyone wear as uniforms were discarded and soldiers returned home, Nazi camps were liberated, and millions of uprooted people struggled to subsist? In Making Do: Britons and t...

Rainbow Trap: Queer Lives, Classifications and the Dangers of Inclusion (Bloomsbury, 2025) by Dr. Kevin Guyan reveals how the fight for LGBTQ equalities in the UK is shaped – and constrained – by the classifications we encounter every day. Looking across six systems – the police and the recording of hate crimes; dating apps and digital desire; outness in the film and television industry; borders a...

Mara Einstein sees the future of marketing as increasingly intertwined with manipulative tactics that mirror those used by cults, especially as advertising becomes more deeply embedded in digital and social spaces. She notes that the online environment has grown more deceptive, with advertising often disguised as content—such as branded journalism or influencer endorsements—making it harder for co...