New Books in Economic and Business History

Historian Sarah E. Bond retells the traditional story of Ancient Rome, revealing how groups of ancient workers unified, connected, and protested as they helped build an empire From plebeians refusing to join the Roman army to bakers withholding bread, this is the first book to explore how Roman workers used strikes, boycotts, riots, and rebellion to get their voices—and their labor—acknowledged. S...

As Wall Street swooned and boomed through the last decade, our livelihoods have—now more than ever—come to rely upon the good sense and risk appetites of a few standout investors. And amidst the BlackRocks, Vanguards, and Berkshire Hathaways stands arguably the most iconoclastic of them all: SoftBank’s Masayoshi Son. In Gambling Man: The Wild Ride of Japan’s Masayoshi Son (Atria, 2024), the first...

In this engaging interview, young scholar Dr, Joel Z. Garrod explains his book's main argument, with a personal touch. In Royal Histories: The Transformation of the Royal Bank of Canada, 1864-2022 (U Toronto Press, 2025), Garrod presents a historical analysis of the Royal Bank of Canada, illustrating how Canadian capitalism and the Canadian banking industry have transformed as they have consolidat...

When we talk about debt and its impact on our economy, we almost always mean “government debt.” However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In The Paradox of Debt: A New Path to Prosperity Without Crisis (U Pennsylvania Press, 2023), Richard Vague examines the assets, li...

Today’s European Union grew out of functional communities set up in the wake of world war in the 1950s.  It would shock the new White House intake to learn that the wartime American political class lobbied hard for a postwar United States of Europe. The role of US officials in building Europe’s first community – one for the coal and steel industries – and their close ties to "founding father" Jean...

The global financial crisis of the late 2000s was marked by the failure of regulators to rein in risk-taking by banks. And yet regulatory issues varied from country to country, with some national financial regulatory systems proving more effective than others.  In Visions of Financial Order: National Institutions and the Development of Banking Regulation (Princeton University Press, 2024), Dr. Kim...

Adam Franklin-Lyons joins Jana Byars to talk about Shortage and Famine in the Late Medieval Crown of Aragon (Penn State Press, 2022). In the late fourteenth century, the medieval Crown of Aragon experienced a series of food crises that created conflict and led to widespread starvation. Adam Franklin-Lyons applies contemporary understandings of complex human disasters, vulnerability, and resilience...

In Capitalism in the Colonies: African Merchants in Lagos, 1851–1931 (Princeton UP, 2024), A. G. Hopkins provides the first substantial assessment of the fortunes of African entrepreneurs under colonial rule. Examining the lives and careers of 100 merchants in Lagos, Nigeria, between 1850 and 1931, Hopkins challenges conventional views of the contribution made by indigenous entrepreneurs to the lo...

For generations most of the canonical works that detail the lives of poor people have been created by rich or middle-class writers like Charles Dickens, John Steinbeck, or James Agee. This has resulted in overwhelming depictions of poor people as living abject, violent lives in filthy and degrading conditions.  In Poor Things: How Those with Money Depict Those Without It (Duke UP, 2024), Lennard J...

Economists in the Cold War: How a Handful of Economists Fought the Battle of Ideas (Oxford UP, 2023) is an account of the economic drivers and outcomes of the Cold War, told through the stories of seven international economists, who were all closely involved in theory and policy in the period 1945-73. For them, the Cold War was a battle of economic ideas, a fight between central planning and marke...

As the first book-length study of auctions in early America, America Under the Hammer: Auctions and the Emergence of Market Values (U Pennsylvania Press, 2024) follows this ubiquitous but largely overlooked institution to reveal how, across the eighteenth and early nineteenth centuries, price became an accepted expression of value. From the earliest days of colonial conquest, auctions put Native l...

Black gold. Liquid sunlight. Texas tea. Oil remains the ur-commodity of our global era, having been distilled from ancient algae and marine life to turn modernity's wheels. Wars are fought over it. Some communities are displaced by its extraction, so that others may reap its benefits. But despite its heated history, few will ever see oil on the ground. Shrouded within a labyrinth of oil fields, pi...

Who owns Scotland? How did they get it? What happened to all the common land in Scotland? Has the Scottish Parliament made any difference? Can we get our common good land back? In this updated edition of The Poor Had No Lawyers: Who Owns Scotland and How They Got it (Birlinn, 2024), Andy Wightman updates the statistics of landownership in Scotland and explores how and why landowners got their hand...

Following Overwhelmed, Brigid Schulte's groundbreaking examination of time management and stress, the prizewinning journalist now turns her attention to the greatest culprit in America's quality-of-life crisis: the way our economy and culture conceive of work. Americans across all demographics, industries, and socioeconomic levels report exhaustion, burnout, and the wish for more meaningful lives....

The Western welfare state model is beset with structural, financial, and moral crises. So-called scroungers, cheats, and disability fakers persistently occupy the centre of public policy discussions, even as official statistics suggest that relatively small amounts of money are lost to such schemes. In Fraudulent Lives: Imagining Welfare Cheats from the Poor Law to the Present (McGill-Queen's Univ...

Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse (Pegasus Books, 2024) is a great business history book. It meticulously chronicles the story of a large and once revered Swiss Bank, Credit Suisse, from its foundation in 1856 until how a series of scandals, driven by a culture of greed and entitlement among its bankers, led to the bank´s ultimate collapses in March 2023. The narrative al...

California’s 1849 gold rush triggered creation of the “instant city” of San Francisco as a to base exploit the rich natural resources of the American West. City of Wood: San Francisco and the Architecture of the Redwood Lumber Industry (University of Texas Press, 2024) examines how capitalists and workers logged the state’s vast redwood forests to create the financial capital and construction mate...

In the nineteenth century, the complex cultural meaning of hair was not only significant—it could affect one’s place in society. After the Civil War, hairdressing was a growing profession and the hair industry a mainstay of local, national, and international commerce. In Beyond Vanity: The History and Power of Hairdressing (MIT Press, 2024), Elizabeth L. Block expands the nascent field of hair stu...

Why did Thomas Jefferson write that he would be happy if all dogs went extinct? What economic opportunity did attorney John Lord Hayes envision for the newly emancipated during Reconstruction? What American workers were mocked by Theodore Roosevelt as “morose, melancholy men”? What problems with revenue collection did Congressman James Beauchamp Clark mention when proposing an income tax? Why did...

The surprising history of the Commodore 64, the best-selling home computer of the 1980s—the machine that taught the world that computing should be fun. The Commodore 64 (C64) is officially the best-selling desktop computer model of all time, according to The Guinness Book of World Records. It was also, from 1985 to 1993, the platform for which most video games were made. But although it sold at le...

For McDonald’s, the Chicken McNugget, the flagship product of further processed chicken, represented a once-in-a-generation innovation, a snack item that quickly evolved into a meal, spawned a legion of imitators, and gained a large share of the global poultry market. Yet, almost as soon as the McNugget made its North American debut, it quickly became the subject of opprobrium and ridicule, taking...

What are fallen tyrants owed? What makes debt illegitimate? And when is bankruptcy moral? Drawing on new archival sources, this book shows how Latin American nations have wrestled with the morality of indebtedness and insolvency since their foundation, and outlines how their history can shed new light on contemporary global dilemmas. With a focus on the early modern Spanish Empire and modern Mexic...

Writers of the late seventeenth and early eighteenth centuries—a period of vast economic change—recognized that the global trade in alcohol and tobacco promised a brighter financial future for England, even as overindulgence at home posed serious moral pitfalls. Consuming Anxieties: Alcohol, Tobacco, and Trade in British Satire, 1660-1751 (Bucknell University Press, 2024) by Dr. Dayne Riley is an...

Growing up in a remote corner of the world’s largest rainforest, Pio, Maria, and Oita learned to hunt wild pigs and tapirs, and gathered Brazil nuts and açaí berries from centuries-old trees. The first highway pierced through in 1960. Ranchers, loggers, and prospectors invaded, and the kids lost their families to terrible new weapons and diseases. Pushed by the government to assimilate, they strug...

Peoples & Things host, Lee Vinsel, talks with Joshua Brinkman, Assistant Teaching Professor of Science, Technology, and Society at North Carolina State University, about his book, American Farming Culture and the History of Technology (Routledge, 2024). The book provides a fascinating exploration about how American farmers–contrary to their image as backwards and even anti-technology–have prided a...