New Books in Economic and Business History

Paper, bottles, metal scrap, kitchen garbage, rubber, hair, fat, rags, and bones--the Nazi empire demanded its population obsessively collect anything that could be reused or recycled. Entrepreneurs, policy makers, and ordinary citizens conjured up countless schemes to squeeze value from waste or invent new purposes for defunct or spent material, no matter the cost to people or the environment. As...

The Routledge Handbook of Esports (Routledge, 2024) offers the first fully comprehensive, interdisciplinary study of esports, one of the fastest growing sectors of the contemporary sports and entertainment industries. Global in coverage, the book emphasizes the multifaceted nature of esports and explores the most pressing issues defining the competitive video gaming landscape today. Featuring the...

In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China’s Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program f...

Following the Great Depression, as the world searched for new economic models, Brazil and Portugal experimented with corporatism as a “third path” between laissez-faire capitalism and communism. In a corporatist society, the government vertically integrates economic and social groups into the state so that it can manage labor and economic production. In the 1930s, the dictatorships of Getúlio Varg...

In this deeply researched and compelling narrative, journalist Mara Kardas-Nelson examines the complex history and impact of microfinance - the practice of giving small loans to poor people, particularly women, that was once hailed as a revolutionary solution to global poverty. Through intimate portraits of borrowers in Sierra Leone and extensive interviews with key figures in the microfinance mov...

Peoples & Things host, Lee Vinsel, talks with Salem Elzway, postdoctoral fellow in the Society of Fellows in the Humanities at University of Southern California, and Jason Resnikoff, assistant professor of contemporary history at the University of Groningen, about the history of automation. The discussion takes as its launching point an essay Elzway and Resnikoff published in the journal Labor tit...

In Savings and Trust: The Rise and Betrayal of the Freedman's Bank (W. W. Norton, 2024), Justene Hill Edwards exposes how the rise and tragic failure of the Freedman’s Bank has shaped economic inequality in America. In the years immediately after the Civil War, tens of thousands of former slaves deposited millions of dollars into the Freedman’s Bank. African Americans envisioned this new bank as a...

Oil is everywhere. It’s in our cars, it’s in the fertilizer used to grow our food, and it’s in the plastics used to produce and transport our consumer goods, to name just a few prominent uses. How did oil come to occupy its central position in the world economy? How did corporate power shape the uptake, pricing, and distribution of oil and petrochemicals? And how have changes in oil markets affect...

This is episode two Cited Podcast’s new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. This episode looks at shifting landscape of economic thinking within the Democratic Party. First, historian Lily Ge...

From the emergence of money in the ancient world to today’s interconnected landscape of high-frequency trading and cryptocurrency, the story of finance has always taken place on an international stage. Finance is one of the most globalized and networked of human activities, and one of the most important social technologies ever invented. Atlas of Finance: Mapping the Global Story of Money (Yale Un...

Are financial markets lawless and irrational? It may seem that way from the outside, but for market insiders there are multiples sets of rules that they break at their peril.  Official rules set by law or by the exchanges exist alongside unofficial rules, or floor rules. Between these, it is the floor rules -- the norms followed by other insiders -- that matter most. Breaking an official rule migh...

At a time when critiques of free trade policies are gaining currency, The Neomercantilists: A Global Intellectual History (Cornell UP, 2021) helps make sense of the protectionist turn, providing the first intellectual history of the genealogy of neomercantilism. Eric Helleiner identifies many pioneers of this ideology between the late eighteenth and early twentieth centuries who backed strategic p...

A thought-provoking reconsideration of how the revolutionary movements of the 1970s set the mold for today's activism. The 1970s was a decade of "subversives". Faced with various progressive and revolutionary social movements, the forces of order--politicians, law enforcement, journalists, and conservative intellectuals--saw subversives everywhere. From indigenous peasant armies and gay liberation...

Augustine believed that slavery is permissible, but to understand why, we must situate him in his late antique Roman intellectual context. Slaves of God: Augustine and Other Romans on Religion and Politics (Princeton UP, 2024) provides a major reassessment of this monumental figure in the Western religious and political tradition, tracing the remarkably close connections between Augustine’s unders...

In Cattle in the Postcolumbian Americas: A Zooarchaeological Historical Study (University Press of Florida, 2024), Nicolas Delsol compares zooarchaeological and material evidence from sites across Mesoamerica and the Caribbean to show how the introduction of cattle, beginning with imports by Spanish colonizers in the 1500s, shaped colonial American society. Before European colonization, cows were...

What happens after colonial industries have run their course—after the factory closes and the fields go fallow? Set in the cinchona plantations of India’s Darjeeling Hills, Quinine's Remains: Empire’s Medicine and the Life Thereafter (U California Press, 2024) chronicles the history and aftermaths of quinine. Harvested from cinchona bark, quinine was malaria’s only remedy until the twentieth-centu...

Economics sometimes feels like a physics–so sturdy, so objective, and so immutable. Yet, behind every clean number or eye-popping graph, there is usually a rather messy story, a story shaped by values, interests, ideologies, and petty bureaucratic politics. In Cited Podcast’s new mini-series, the Use and Abuse of Economic Expertise, we tell the hidden stories of the economic ideas that shape our w...

Sequels, reboots, franchises, and songs that remake old songs—does it feel like everything new in popular culture is just derivative of something old? Contrary to popular belief, the reason is not audiences or marketing, but Wall Street. In this book, Andrew deWaard shows how the financial sector is dismantling the creative capacity of cultural industries by upwardly redistributing wealth, consoli...

Critical Insights on Colonial Modes of Seeing Cattle in India: Tracing the Pre-history of Green and White Revolutions (Springer 2024) traces the contours of the symbiotic relationship between crop cultivation and cattle rearing in India by reading against the grain of several official accounts from the late colonial period to the 1980s. It also skillfully unpacks the multiple cultural expressions...

A radical new reading of eighteenth-century British theorist Thomas Robert Malthus, which recovers diverse ideas about subsistence production and environments later eclipsed by classical economics With the publication of Essay on the Principle of Population and its projection of food shortages in the face of ballooning populations, British theorist Thomas Robert Malthus secured a leading role in m...

Electrifying Indonesia: Technology and Social Justice in National Development (U Wisconsin Press, 2023) tells the story of the entanglement of politics and technology during Indonesia's rapid post-World War II development. As a central part of its nation-building project, the Indonesian state sought to supply electricity to the entire country, bringing transformative socioeconomic benefits across...

What is the future of the film industry? In Mobile Hollywood Labor and the Geography of Production (U California Press, 2024), Kevin Sanson, Professor of Media Studies and Head of the School of Communication at Queensland University of Technology, examines the way Hollywood film production has become a global industry. The book theorises Hollywood as a distinct spatial assemblage, and examines the...

In the early 1980s, Walt Disney Productions was struggling, largely bolstered by the success of its theme parks. Within fifteen years, however, it had become one of the most powerful entertainment conglomerates in the world. Staging a Comeback: Broadway, Hollywood, and the Disney Renaissance (Rutgers University Press, 2023) by Dr. Peter Kunze argues that far from an executive feat, this impressive...

In Hispano Bastion: New Mexican Power in the Age of Manifest Destiny, 1837-1860 (University of New Mexico Press, 2023), historian Dr. Michael J. Alarid examines New Mexico's transition from Spanish to Mexican to US control during the nineteenth century and illuminates how emerging class differences played a crucial role in the regime change. After Mexico won independence from Spain in 1821, trade...

"With the benefit of hindsight, it is clear that 1949 was actually the beginning, not the end, of the Chinese revolution." Building from this premise, Andrew G. Walder's new book looks at the ways that China was transformed in the 1950s in order to understand why and how Mao's decisions and initiatives - among those of other leaders - had the effects that they did. Written for a broad reading audi...