New Books in Economic and Business History

On this episode of the Economic and Business History channel I spoke with Dr. Chinmay Tumbe, Assistant Professor of Economics at the Indian Institute of Management. He was Alfred D Chandler Jr. International Visiting Scholar in Business History, Harvard Business School in 2018. Dr, Tumbe has published academic articles in Management and Organizational History and in the Journal of Management Histo...

In 1570's New Kingdom of Granada (modern Colombia), a new generation of mestizo (half-Spanish, half-indigenous) men sought positions of increasing power in the colony's two largest cities. In response, Spanish nativist factions zealously attacked them as unequal and unqualified, unleashing an intense political battle that lasted almost two decades. At stake was whether membership in the small colo...

Richard Vague really really cares about private-sector debt. And he thinks you should too. In A Brief History of Doom: Two Hundred Years of Financial Crises (University of Pennsylvania Press, 2019), Vague sees the rise and fall of private sector debt as the key factor explaining the cycle of economic crises experienced by developed and major developing economies over the past two centuries. The ea...

This episode of the New Books in Economic and Business History is an interview with New York writer Benjamin Lorr. Benjamin Lorr is the author of Hell-Bent: Obsession, Pain, and the Search for Something Like Transcendence in Competitive Yoga, a book that explores the Bikram Yoga community and movement. His second book, The Secret Life of Groceries: The Dark Miracle of the American Supermarket is "...

In his first book Hungry Nation: Food, Famine, and the Making of Modern India (Cambridge University Press 2018), historian Benjamin Robert Siegel explores independent India's attempts to feed itself between the 1940s and 1970s. Following the devastating Bengal famine of 1943, hunger and malnutrition remained key issues for India's politicians, planners and citizens as a new nation sought to become...

Is the University of Chicago-blessed, "greed is good" near-term profits approach to business wearing out its welcome? James O'Toole's The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good(HarperBusiness, 2019) is a welcome addition to the current debate about what is the right balance between the near-term profit motive and long-term social goals in...

A century ago, the emergence of radio, along with organized systems of broadcasting, sparked a global fascination with the 'wonder' of sound transmission and reception. The thrilling experience of tuning in to the live sounds of this new medium prompted strong affective responses in its listeners. This book introduces a new concept of "radiophilia," defined as the attachment to, or even a love of...

The problem of gun violence is as old as guns themselves. According to historian Priya Satia, America’s present epidemic of gun violence has its roots in the industrial revolution. Satia tells the story of British gun-maker Samuel Galton, Jr., who was called to task by his Quaker community for manufacturing rifles. As a professed pacifist, Galton had to wrestle with the large-scale uses to which h...

Albeit inspired by a progressive vision of a working environment without walls or hierarchies, the open plan office has come to be associated with some of the most dehumanizing and alienating aspects of the modern office. Jennifer Kaufman-Buhler's fascinating new book Open Plan: A Design History of the American Office (Bloomsbury, 2021) examines the history of the open plan office concept from its...

Many of our presumptions about the Panama Canal Zone are wrong; it was not carved out of uninhabited jungle, the creation of Lake Gatún did not flood towns and force them to move, people living in the zone prior to the construction of the canal were not out of step with modernity. In her new book, Erased: The Untold Story of the Panama Canal (Harvard University Press, 2019), Marixa Lasso argues co...

We are living in an age of addiction, from compulsive gaming and binge eating to pornography and opioid abuse. Today I talked with historian David Courtwright about the global nature of pleasure, vice, and capitalism. His new book is called The Age of Addiction: How Bad Habits Became Big Business (Harvard University Press, 2019). During our discussion, Courtwright walks us through the emergence of...

The modern popularity of acupuncture and herbal medicine belies the long history of Chinese medicine in the U.S. In Herbs and Roots: A History of Chinese Doctors in the American Medical Marketplace (Yale University Press, 2019), Tamara Venit-Shelton (Claremont McKenna College) examines the historical contexts that shaped perceptions of traditional Chinese medicine from the colonial period to the p...

Jeremy Yellen’s The Greater East Asia Co-Prosperity Sphere: When Total Empire Met Total War (Cornell University Press, 2019) is a challenging transnational exploration of the Greater East Asia Co-Prosperity Sphere, Japan’s ambitious, confused, and much maligned attempt to create a new bloc order in East and Southeast Asia during World War II. Yellen’s book is welcome both as the first book-length...

The poignant rise and fall of an idealistic immigrant who, as CEO of a major conglomerate, tried to change the way America did business before he himself was swallowed up by corporate corruption. At 8 a.m. on February 3, 1975, Eli Black leapt to his death from the 44th floor of Manhattan’s Pan Am building. The immigrant-turned-CEO of United Brands—formerly United Fruit, now Chiquita—Black seemed a...

Key Changes: The Ten Times Technology Transformed the Music Industry (Oxford University Press, 2023) by Howie Singer and Bill Rosenblatt tells a new story about the history of the music business and the ten technological advances that disrupted it over the last century. In recent years, narratives about the music industry tend to hew to a common theme: it was humming along for decades until the In...

While a positive correlation between capitalism and democracy has existed in Western Europe and North America, the example of late-industrializing nations such as Turkey has demonstrated that the two need not always go hand in hand, and sometimes the interests of business coincide more firmly with anti-democratic forces.  In Democracy and Capitalism in Turkey: The State, Power, and Big Business (B...

Animal products were used extensively in nineteenth-century Britain. A middle-class Victorian woman might wear a dress made of alpaca wool, drape herself in a sealskin jacket, brush her hair with a tortoiseshell comb, and sport feathers in her hat. She might entertain her friends by playing a piano with ivory keys or own a parrot or monkey as a living fashion accessory. In Victims of Fashion: Anim...

The notions of labour, mobility and piety have a complex and intertwined relationship. Using ethnographic methods and a historical perspective, Vineeta Sinha's Temple Tracks: Labour, Piety and Railway Construction in Asia (Berghahn Books, 2023) critically outlines the interlink of railway construction in colonial and post-colonial Asia, as well as the anthropology of infrastructure and transnation...

A pioneering Detroit automobile factory. A legendary iron mill at the edge of Pittsburgh. A campus of concrete grain elevators in Buffalo. Two monumental train stations, one in Buffalo, the other in Detroit. These once noble sites have since fallen from their towering grace. As local elected leaders did everything they could to destroy what was left of these places, citizens saw beauty and utility...

Today we are joined by Dr. Lindsay Krasnoff, who is an historian, specializing in global sport, communications and diplomacy. She is also the Director of FranceandUS, and she lectures on sports diplomacy at New York University Tisch Institute of Global Sport. We met to talk about her most recent book: Basketball Empire: France and the Making of a Global NBA and WNBA (Bloomsbury, 2023). In our conv...

Black vaudevillians and entertainers joked that T.O.B.A. stood for "tough on black artists." But the Theater Owner's Booking Association (T.O.B.A.) played a foundational role in the African American entertainment industry. T.O.B.A. Time: Black Vaudeville and the Theater Owners’ Booking Association in Jazz-Age America by Michelle R. Scott (University of Illinois Press, 2023) examines this circuit o...

We often narrate the history of women’s rights in the United States by focusing on the fight for suffrage. Yet starting as early as 1835, states expanded married women’s economic rights. How were these statutes passed at a time when women’s political power was severely constrained, including no right to vote in most states? With limited national coordination?  In In Her Own Name: The Politics of W...

With increasing talk of de-dollarization and the Gulf attempts to get more influence in the IMF it’s a good time to talk about the world’s international financial institutions – and their role globalization and its future. Listen to Owen Bennett-Jones in conversation with Jamie Martin author of The Meddlers: Sovereignty, Empire, and the Birth of Global Economic Governance (Harvard UP, 2022). Owen...

The oil shock of 1973 changed everything. It brought the golden age of American and European economic growth to an end; it destabilized Middle Eastern politics; and it set in train processes that led to over one hundred million unexpected—and unwanted—immigrants. In War, Work, and Want: How the OPEC Oil Crisis Caused Mass Migration and Revolution (Oxford University Press, 2023), Dr. Randall Hansen...

Environmental organising in Beijing emerged in an unlikely place in the 2000s: new gated residential communities. After rapid population growth and housing construction led to a ballooning trash problem and overflowing landfills, many first-time homeowners found their new neighbourhoods facing an unappetizing prospect—waste incinerator projects slated for their backyards. Delving into the online a...