New Books in Economic and Business History

For over a century Mexico has been embroiled in a drug war dictated by the demands of their neighbor to the north. In The Dope: The Real History of the Mexican Drug Trade (W. W. Norton, 2021), Benjamin T. Smith offers a history of the trade and its effects upon the people of Mexico. As he reveals, at the start of the 20th century drugs such as marijuana and opium were largely on the margins of Mex...

Priya Lakhani is an entrepreneurial adrenaline junkie. She has founded two successful companies, won numerous business awards, and acted as an advisor to the Department of Business, Innovation, and Skills. Oh, and is an OBE. Her life's aim is to change the world for the better, and to that end she has funded meals in India, vaccinations in Africa, and her current project improves education for tho...

In Rotary International and the Selling of American Capitalism (Harvard University Press, 2021), Professor Brendan Goff traces the history of Rotary International from its origins in Chicago in 1905 to its rapid growth during the first four decades of the twentieth century. In doing so, Goff places U.S. power at the center of his analysis. He argues that Rotary International was able to succeed wh...

Women's emancipation through productive labour was a key tenet of socialist politics in post-World War II Yugoslavia. Mass industrialisation under Tito led many young women to join traditionally 'feminised' sectors, and as a consequence the textile sector grew rapidly, fast becoming a gendered symbol of industrialisation, consumption and socialist modernity. By the 1980s Yugoslavia was one of the...

Is there an ideal portfolio of investment assets, one that perfectly balances risk and reward? In Pursuit of the Perfect Portfolio (Princeton UP, 2021) examines this question by profiling and interviewing ten of the most prominent figures in the finance world—Jack Bogle, Charley Ellis, Gene Fama, Marty Leibowitz, Harry Markowitz, Bob Merton, Myron Scholes, Bill Sharpe, Bob Shiller, and Jeremy Sieg...

La Paz's Colonial Specters: Urbanization, Migration, and Indigenous Political Participation, 1900-52 (Bloomsbury, 2021) explores the urban history of one of Latin America’s most indigenous large cities in the first half of the twentieth century. Tracing the expansion of the “extramuro,” indigenous neighborhoods beyond the center of the city in these decades, Sierra brings to life the activists who...

Today I talked to Kevin McGruder about his new book Philip Payton: The Father of Black Harlem (Columbia UP, 2021) In a moment of hope, even faith, African-Americans inspired by Booker T. Washington believed at the start of the 21st century that prospering financially would lead them to fair and even-standing with their fellow white citizens in America. In that vein, Philip Payton launched the Afro...

In July 2021, nine summers after its then president saved the euro with three choice words (“whatever it takes”), the European Central Bank published the results of a thoroughgoing review of its strategy. A policy framework built for times when inflation posed a modest upside challenge had coped – but only just – with successive financial, sovereign-debt, banking and health crises that threatened...

After a turbulent political revolt against the military superpower of the early modern world, the tiny Dutch Republic managed to situate itself as the dominant printing and book trading power of the European market. The so-called Dutch Golden Age has long captured the attention of art historians, but for every one painting produced by the Dutch during the seventeenth century, at least 100 books we...

From the early twentieth century until the 1960s, Maine led the nation in paper production. The state could have earned a reputation as the Detroit of paper production, however, the industry eventually slid toward failure. What happened? Shredding Paper unwraps the changing US political economy since 1960, uncovers how the paper industry defined and interacted with labor relations, and peels away...

In a world that purports to know more about the future than any before it, why do we still need speculation? Insubstantial speculations – from utopian thinking to high-risk stock gambles – often provoke backlash, even when they prove prophetic. Why does this hypothetical way of thinking generate such controversy? Gayle Rogers, author of Speculation: A Cultural History from Aristotle to AI (Columbi...

Once described as a “German oddity”†, Ordoliberalism was one of a number of new liberalisms that emerged from the political maelstrom of the interwar period. But, unlike the other neoliberal splinters, Ordoliberalism – founded at the University of Freiburg by economist Walter Eucken and jurist Franz Böhm – was quickly tested in the real world. The West Germany rebuilt out of the ashes of war was f...

The legendary Magnum photo agency has long been associated with heroic lone wolf male photographers such as Frank Capa and Henri Cartier-Bresson, roaming the world in search of the “decisive moment” – the perfect shot that captured the essence of a major news story. Nadya Bair’s highly original book The Decisive Network: Magnum Photos and the Postwar Image Market (University of California Press 20...

The Work of Politics: Making a Democratic Welfare State (Cambridge University Press 2020) advances a new understanding of how democratic social movements work with welfare institutions to challenge structures of domination. Steven Klein develops a novel theory that depicts welfare institutions as “worldly mediators,” or sites of democratic world-making fostering political empowerment and participa...

The digital age has touched and changed pretty much everything, even altering how historical research is practiced. In his new book Technology and the Historian: Transformations in the Digital Age (University of Illinois Press, 2021), Adam Crymble makes a meta-historical account of how digital and technological advances have impacted historical research, collection management, education, and commu...

Architecture and urbanism have contributed to one of the most sweeping transformations of our times. Over the past four decades, neoliberalism has been not only a dominant paradigm in politics but a process of bricks and mortar in everyday life. Rather than to ask what a neoliberal architecture looks like, or how architecture represents neoliberalism, this volume examines the multivalent role of a...

We live in a networked world. Online social networking platforms and the World Wide Web have changed how society thinks about connectivity. Because of the technological nature of such networks, their study has predominantly taken place within the domains of computer science and related scientific fields. But arts and humanities scholars are increasingly using the same kinds of visual and quantitat...

Today we are joined by Alan McDougall, Professor of History at the University of Guelph, and the author of Contested Fields: A Global History of Modern Football (University of Toronto Press, 2020). In our conversation we discussed football’s role in global migrations from the 19th to the 21st century, global football’s changing economic conditions from grassroots pastime to neo-liberal ‘big busine...

Today on New Books in History, Rod Phillips, Professor of History at Carleton University in Ottawa, Canada, talks about his book, French Wine: A History, out in 2016 with the University of California Press, and published in paperback in 2020. For centuries, wine has been associated with France more than with any other country. France remains one of the world’s leading wine producers by volume and...

Our relationship to paper and paper products is changing every day. Fewer newspapers and magazines are in print, but growing dependence on online retail has increased demand for cardboard packaging. Have you ever wondered how it all began? Listen to scholar on global economic history Timo Särkkä explain the history of Arabic and East Asian papermaking traditions, India's crucial role within the Br...

Whites and Reds: A History of Wine in the Lands of Tsar and Commissar (Oxford UP, 2021) tells the story of Russia's encounter with viniculture and winemaking. Rooted in the early-seventeenth century, embraced by Peter the Great, and then magnified many times over by the annexation of the indigenous wine economies and cultures of Georgia, Crimea, and Moldova in the late-eighteenth and early-ninetee...

Tenacious patterns of ethnic and economic inequality persist in the rural, largely minority regions of China's north- and southwest. Such inequality is commonly attributed to geography, access to resources, and recent political developments. In Corporate Conquests: Business, the State, and the Origins of Ethnic Inequality in Southwest China (Stanford University Press, 2020), C. Patterson Giersch p...

Between 1885 and 1960, laws and policies designed to repress prostitution dramatically shaped London's commercial sex industry. J. Laite's book Common Prostitutes and Ordinary Citizens: Commercial Sex in London, 1885-1960 (Palgrave MacMillan, 2012) examines how laws translated into street-level reality, explores how women who sold sex experienced criminalization, and charts the complex dimensions...

Between 1949 and 1997, Hong Kong transformed from a struggling British colonial outpost into a global financial capital. Made in Hong Kong: Transpacific Networks and a New History of Globalization (Columbia University Press, 2021) delivers a new narrative of this metamorphosis, revealing Hong Kong both as a critical engine in the expansion and remaking of postwar global capitalism and as the linch...

How does understanding business help us understand sex? In The Business of Birth Control: Contraception and Commerce in Britain before the Sexual Revolution (Manchester UP, 2020), Claire Jones, a Senior Lecturer in the History of Medicine at the University of Kent, explores the intersection of commerce and medicine in the interwar period in Britain, as a way of rethinking both the history of contr...