New Books in Economic and Business History

Private corporations are rarely discussed as playing a role in efforts to curb civil violence, even though they often have strong interests in maintaining stability. Violence often damages the infrastructure necessary to deliver goods to market or may directly target companies. Corporations also have a normative obligation to conduct business in ways that promote peace. While there are historical...

For this episode, I met historian and writer Dr. Lydia Pyne. She is author of Postcards: The Rise and Fall of the World’s First Social Network (Reaktion, 2021).. Postcards is a global exploration of postcards as artifacts at the intersection of history, science, technology, art, and culture. Postcards are usually associated with banal holiday pleasantries, but they are made possible by sophisticat...

Africa is often portrayed in terms of dictators, starvation, corruption, tribalism, war, disease, poverty and crime. In this podcast Professor James A. Robinson of the University of Chicago who is co-author (with Daron Acemoglu of Why Nations Fail: The Origins of Power, Prosperity, and Poverty (Currency, 2013) explains why those stereotypes are often wrong and why he believes Africa has a brighter...

From princes to peasants, musicians to masons, cement plant owners to casual labourers—the State Bank of India (SBI) has been the go-to bank for the people of India. Widely trusted and near-ubiquitous, the SBI has come to symbolise banking across the length and breadth of the Indian nation. This book traces the SBI’s deep connection to India’s economic progress, and the bank’s proactive approach t...

Drawing on decades of experience covering the global economy, New York Times' journalist Peter S. Goodman profiles five representative Davos Men-members of the billionaire class-chronicling how their shocking exploitation of the global pandemic has hastened a fifty-year trend of wealth centralization. Alongside this reporting, Goodman delivers textured portraits of those caught in Davos Man's wake...

Can subalterns speak? Now an iconic question from a prominent postcolonial studies scholar Gayatri Spivak, the question interrogates the in-built assumption about the locatable agency in an individual. Postcolonial studies have grappled with the question of legibility and limitations of archives. In her pathbreaking work, An Empire of Touch: Women's Political Labor and the Fabrication of East Beng...

In Hungry for Revolution: The Politics of Food and the Making of Modern Chile (University of California Press, 2021), Joshua Frens-String explores the modern history and political economy of food in Chile, from World War I to the rise and fall of the Allende socialist regime in the 1970s. Drawing together a diverse cast of characters and weaving together a wide range of sources, Frens-String demon...

Metrics of Modernity: Art and Development in Postwar Turkey (University of California Press, 2022) is a vivid portrait of the art world of 1950s Turkey in which Sarah-Neel Smith offers a new framework for analyzing global modernisms of the twentieth century: economic development. After World War II, a cohort of influential Turkish modernists built a new art scene in Istanbul and Ankara. The entrep...

Today I talked to Carl Rhodes about his book Woke Capitalism: How Corporate Morality is Sabotaging Democracy (Policy Press, 2021). When Milton Friedman published Capitalism and Freedom in 1962, whose freedom was he referring to? When you know the answer is corporations, you can begin to understand both what neoliberalism was all about and why today Woke Capitalism may not be so much a harbinger of...

Utopian Genderscapes: Rhetorics of Women's Work in the Early Industrial Age (Southern Illinois UP, 2021) focuses on three prominent yet understudied intentional communities—Brook Farm, Harmony Society, and the Oneida Community—who in response to industrialization experimented with radical social reform in the antebellum United States. Foremost among the avenues of reform was the place and substanc...

Economic sanctions dominate the landscape of world politics today. First developed in the early twentieth century as a way of exploiting the flows of globalization to defend liberal internationalism, their appeal is that they function as an alternative to war. This view, however, ignores the dark paradox at their core: designed to prevent war, economic sanctions are modeled on devastating techniqu...

The Political Economy of Collective Action, Inequality, and Development (Stanford UP, 2020) examines how a society that is trapped in stagnation might initiate and sustain economic and political development. In this context, progress requires the reform of existing arrangements, along with the complementary evolution of informal institutions. It involves enhancing state capacity, balancing broad a...

In her recent book on the Jewish community of Modena in Italy, Federica Francesconi tells a tale of contradictions. Segregated to the city’s ghetto in the 17th century, the Jewish merchants of the city nonetheless possessed an enormous presence in its economic, governmental and cultural milieu. By the start of the 19th century, these merchants even took center stage in Modena’s political scene fol...

Big money NCAA basketball had its origins in a many-sided conflict of visions and agendas. On one side stood large schools focused on a commercialized game that privileged wins and profits. Opposing them was a tenuous alliance of liberal arts colleges, historically black colleges, and regional state universities, and the competing interests of the NAIA, each with distinct interests of their own. K...

On this episode I spoke to Dr. Susie Porter, Professor in History and in Gender Studies at the University of Utah. She is the author Working Women in Mexico City: Public Discourses and Material Conditions, 1879-1931 published in 2003, and in today's podcast we will be talking about her more recent book From Angel to Office Worker: Middle-Class Identity and Female Consciousness in Mexico, 1890–1950...

In Cogs and Monsters: What Economics Is, and What It Should Be (Princeton UP, 2021), Diane Coyle explores the enormous problems—but also opportunities—facing economics today if it is to respond effectively to these dizzying changes and help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still...

It’s time for The Blues! In Bitten by the Blues: The Alligator Records Story (University of Chicago Press, 2018), Alligator Records president and founder Bruce Iglauer and his co-author, Patrick Roberts of Northern Illinois University, tell the tale of fifty years of Chicago Blues. From Delta-born guitar expressionists like Hound Dog Taylor to modern vocalists like Shemekia Copeland, from the Sout...

One of the world's largest sellers of footwear, the Bata Company of Zlín, Moravia has a remarkable history that touches on crucial aspects of what made the world modern. In the twilight of the Habsburg Empire, the company Americanized its production model while also trying to Americanize its workforce. It promised a technocratic form of governance in the chaos of postwar Czechoslovakia, and during...

One in four American workers says their workplace is a "dictatorship." Yet that number almost certainly would be higher if we recognized employers for what they are-private governments with sweeping authoritarian power over our lives. Many employers minutely regulate workers' speech, clothing, and manners on the job, and employers often extend their authority to the off-duty lives of workers, who...

In this episode I spoke to Professor Peter Cappelli about his new book The Future of the Office: Work from Home, Remote Work, and the Hard Choices We All Face (University of Pennsylvania Press, 2021). The COVID-19 pandemic forced an unprecedented experiment that reshaped white-collar work and turned remote work into a kind of "new normal." Now comes the hard part. Many employees want to continue t...

When I was a teenager, I spent entirely too much time at the Pontiac Silverdome watching the Detroit Pistons play basketball. In all the games I watched, it never occurred to me to wonder why a professional basketball team was playing in a cavernous, multi-purpose stadium entirely unsuited to basketball. Frank Andre Guridy begins his wonderful book The Sports Revolution: How Texas Changed the Cult...

The average person produces about four hundred pounds of excrement a year. More than seven billion people live on this planet. Holy crap! Because of the diseases it spreads, we have learned to distance ourselves from our waste, but the long line of engineering marvels we've created to do so--from Roman sewage systems and medieval latrines to the immense, computerized treatment plants we use today-...

Police put Eric Garner in a fatal chokehold for selling cigarettes on a New York City street corner. George Floyd was killed by police outside a store in Minneapolis known as “the best place to buy menthols.” Black smokers overwhelmingly prefer menthol brands such as Kool, Salem, and Newport. All of this is no coincidence. The disproportionate Black deaths and cries of “I can’t breathe” that ring...

Despite efforts to abolish slavery throughout Africa in the nineteenth century, the coercive labor systems that constitute "modern slavery" have continued to the present day. To understand why, Robin Phylisia Chapdelaine explores child trafficking, pawning, and marriages in Nigeria's Bight of Biafra, and the ways in which British colonial authorities and Igbo, Ibibio, Efik, and Ijaw populations mo...

Nearly a century old, the grand façade of Bombay House is hard to miss in the historic business district of Mumbai. This is the iconic global headquarters of the Tata Group. Founded in 1868, the Tatas – India’s largest business conglomerate – have been a persistent and dominant presence in the economic and business life of the country. Their businesses range from salt to software, tea to automobil...