New Books in Economic and Business History

How the image collection, organized and made available for public consumption, came to define a key feature of contemporary visual culture. The origins of today’s kaleidoscopic digital visual culture are many. In Picture-Work: How Libraries, Museums, and Stock Agencies Launched a New Image Economy (MIT Press, 2023), Diana Kamin traces the sharing of photographs to an image economy developed throug...

John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution, joins the podcast to discuss how he initial got interested in economics, his initial training in econometrics as a PhD student at Stanford which led him to monetary economics, his seminal contributions to the foundations of New Keynesian economics including the Taylor...

David Mitch, an economic historian and professor of economics at the University of Maryland Baltimore County, joins the podcast to discuss the The Chicago School of Economics, including his 2016 Journal of Political Economy paper which uncovered how on the University of Chicago economics department nearly hired economists Paul Samuelson and John Hicks over Milton Friedman in 1946, along with David...

Jeremy Land's book Colonial Ports, Global Trade, and the Roots of the American Revolution (1700-1776) (Brill, 2023) takes a long-run view of the global maritime trade of Boston, New York, and Philadelphia from 1700 to American Independence in 1776. Land argues that the three cities developed large, global networks of maritime commerce and exchange that created tension between merchants and the Bri...

Uncivil liberalism: Labour, Capital and Commercial Society in Dadabhai Naoroji's Political Thought (Cambridge University Press, 2023) by Dr. Vikram Visana studies how ideas of liberty from the colonised South claimed universality in the North. Recovering the political theory of Dadabhai Naoroji, India's pre-eminent liberal, this book offers an original global history of this process by focussing o...

World War I was the first great general conflict to be fought between highly industrial societies able to manufacture and transport immense quantities of goods over land and sea. Yet the armies of the war were too vast in scale, their movements too complex, and the infrastructure upon which they depended too specialized to be operated by professional soldiers alone. In Civilian Specialists at War:...

Recent scholarship in organisation studies has begun to address how organisations perceive and use their history. However, how organisations preserve and access their history, and how this affects how they are able to use their history is less researched. This thesis investigates how Barclays Group Archives (BGA) contribute to Barclays PLC delivering its strategic objectives. It asks, how does BGA...

In this episode of International Horizons, RBI director John Torpey talks with economists Luciana Lazzaretti and Stefania Oliva of the University of Florence about the role of artificial intelligence in contemporary cultural transformation. The authors discuss the genesis of computer culture from the garages of California hippies who dreamed of a changed world and unexpectedly unleashed the forces...

"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showi...

At the opening of the twentieth century, labor strife repeatedly racked the nation. Union organization and collective bargaining briefly looked like a promising avenue to stability. But both employers and many middle-class observers remained wary of unions exercising independent power. In The Bosses' Union: How Employers Organized to Fight Labor Before the New Deal (U Illinois Press, 2023), Vilja...

In 1807, Parliament outlawed the slave trade in the British Empire, but for the next quarter of a century, despite heroic and bloody rebellions, more than 700,000 people in the British colonies remained enslaved. And when a renewed abolitionist campaign was mounted, making slave ownership the defining political and moral issue of the day, emancipation was fiercely resisted by the powerful 'West In...

A bold rethinking of the Haitian Revolution reveals the roots of the only successful slave uprising in the modern world. Unearthing the progenitors of the Haitian Revolution has been a historical project of two hundred years. In A Secret Among the Blacks: Slave Resistance Before the Haitian Revolution (Harvard UP, 2023), John D. Garrigus introduces two dozen Black men and women and their communiti...

Salvaging Empire: Sovereignty, Natural Resources, and Environmental Science in the South Atlantic (Cornell University Press, 2023) by Dr. James J. A. Blair probes the historical roots and current predicaments of a twenty-first century settler colony seeking to control an uncertain future through resource management and environmental science. Four decades after a violent 1982 war between the United...

In the heyday of American labor, the influence of local unions extended far beyond the workplace. Unions fostered tight-knit communities, touching nearly every aspect of the lives of members--mostly men--and their families and neighbors. They conveyed fundamental worldviews, making blue-collar unionists into loyal Democrats who saw the party as on the side of the working man. Today, unions play a...

Morris Kleiner, the AFL-CIO Chair in Labor Policy at the Humphrey School of Public Affairs at the University of Minnesota and arguably the world's leading authority on occupational licensing, joins the podcast to discuss how he became an economist, the origins of occupational licensing in the 19th and 20th centuries, how since WW2 it's become a major barrier to economic opportunity in the U.S., an...

The Republic Will Be Kept Clean: How Settler Colonial Violence Shaped Antileft Repression (University of Illinois Press, 2023) by Dr. Tariq D. Khan examines the long relationship between America’s colonising wars and virulent anticommunism. The colonising wars against Native Americans created the template for anticommunist repression in the United States. Dr. Khan’s analysis reveals bloodshed and...

Platform capitalism is coming for the money in your pocket. Wherever you look, money is being re-placed by tokens. Digital platforms are issuing new kinds of money-like things: phone credit, shares, gift vouchers, game tokens, customer data--the list goes on. But what does it mean when online platforms become the new banks? What new types of control and discrimination emerge when money is tied to...

The expansion of the British Empire facilitated movement across the globe for both the colonizers and the colonized. Waiting on Empire: A History of Indian Travelling Ayahs in Britain (OUP, 2023) focuses on a largely forgotten group in this story of movement and migration: South Asian travelling ayahs (servants and nannies), who travelled between India and Britain and often found themselves destit...

Creating the Post-Soviet Russian Market Economy: Through American Eyes (Routledge, 2023) captures the essence of the period when Russians and Americans collaborated in creating new structures of government and new businesses in completely uncharted conditions. It presents the experiences of key American participants in late Soviet and post-Soviet Russia during a time when Americans thought anythin...

Ingenious Trade: Women and Work in Seventeenth-Century London (Cambridge University Press, 2021) by Dr. Laura Gowing recovers the intricate stories of the young women who came to London in the late seventeenth century to earn their own living, most often with the needle, and the mistresses who set up shops and supervised their apprenticeships. Through an intensive and creative archival reconstruct...

Clothing Goes to War: Creativity Inspired by Scarcity in World War II (Intellect, 2022) by Nan Turner is the story of clothing use when manufacturing for civilians nearly stopped and raw materials and workers across the globe were shifted to war work. Governments mandated rationing programmes in many countries to regulate the limited supply, in hopes that the burden of austerity would be equally s...

In their remarkable new book Slavery, Capitalism, and the Industrial Revolution (Polity, 2023), Professor Maxine Berg and Professor Pat Hudson “follow the money” to document in revealing detail the role of slavery in the making of Britain’s industrial revolution. Slavery was not just a source of wealth for a narrow circle of slave owners who built grand country houses and filled them with luxuries...

Acclaimed Washington Post reporter Taylor Lorenz presents a groundbreaking social history of the internet—revealing how online influence and the creators who amass it have reshaped our world, online and off. For over a decade, Taylor Lorenz has been the authority on internet culture, documenting its far-reaching effects on all corners of our lives. Her reporting is serious yet entertaining and ill...

It began as a small, slow, and unadorned sailing vessel—in a word, ordinary. Later, it was a weary workhorse in the age of steam. But the story of the Edwin Fox reveals how an everyday merchant ship drew together a changing world and its people in an extraordinary age of rising empires, sweeping economic transformation, and social change. The Edwin Fox: How an Ordinary Sailing Ship Connected the W...

Economic journalist and broadcaster Doug Henwood revisits his 2003 book, After the New Economy (New Press), with Peoples & Things host, Lee Vinsel. “The New Economy” was a catchphrase that became extremely popular with economists, politicians, pundits, and many others during Bill Clinton’s presidency. The phrase was thought to describe a new economic reality rooted in information and computing tec...