New Books in Economics

In this episode, we are talking to ProPublica investigative journalist Justin Elliott. Justin has been with ProPublica since 2012 and writes about business and economics, as well as money and influence in politics. He has produced stories for the New York Times and NPR. His work on TurboTax maker Intuit – a story we are discussing today -- won a Gerald Loeb Award for business journalism. The story...

Can classical economics help figure out climate change and support policies that slow global warming? Yale Sterling Professor of Economics William Nordhaus thinks so. In his new book, The Spirit of Green: The Economics of Collisions and Contagions in a Crowded World (Princeton UP, 2021), Nordhaus tackles the "externality" that is pollution and carbon emissions. By making several adjustments to how...

In this episode David describes his childhood contact with entrepreneurship, and how he was looking for and found community and acceptance in the video game world. We learn how he discovered and almost invented the profession of “community manager” and created the CMX community of community managers. We also hear about the problems that community managers face in making their communities sustainab...

How rural areas have become uneven proving grounds for the American Dream. Small-town economies that have traditionally been based on logging, mining, farming, and ranching now increasingly rely on tourism, second-home ownership, and retirement migration. In Dividing Paradise: Rural Inequality and the Diminishing American Dream (University of California Press, 2021), Jennifer Sherman tells the sto...

In his highly influential book, Demographics and the Demand for Higher Education, Carleton College Professor of Economics, Nathan Grawe, alerted college and university leaders to the challenges they would be facing with the accelerating decline in the number of U.S. high school graduates that will come in the middle of this decade. In his new book, The Agile College: How Institutions Successfully...

Today I talked to Amanda Ciafone's (University of Illinois, Urbana-Champaign) about her book Counter-Cola: A Multinational History of the Global Corporation (University of California Press, 2019). Counter-Cola charts the history of one of the world’s most influential and widely known corporations, The Coca-Cola Company. Over the past 130 years, the corporation has sought to make its products, bran...

The word ‘data’ has entered everyday conversation, but do we really understand what it means? How can we begin to grasp the scope and scale of our new data-rich world, and can we truly comprehend what is at stake. In Data Lives: How Data Are Made and Shape Our World (Policy Press, 2021), renowned social scientist Rob Kitchin explores the intricacies of data creation and charts how data-driven tech...

We often think the key to success and satisfaction is to get more: more money, time, and possessions; bigger budgets, job titles, and teams; and additional resources for our professional and personal goals. It turns out we're wrong. Using captivating stories to illustrate research in psychology and management, Rice University professor Scott Sonenshein examines why some people and organizations su...

I spoke with Bobby Lee about his book 'The promise of Bitcoin: The Future of Money and How It Can Work for You' (McGraw-Hill, 2021). Bobby Lee is a very interesting character, among the leading figures in the field of cryptocurrency. He is the founder and CEO of Ballet, a cryptocurrency startup. He is the cofounder of BTCC, the longest-running bitcoin exchange and leading financial platform worldw...

The inside story of the world's most famous board game-a buried piece of American history with an epic scandal that continues today. The Monopolists: Obsession, Fury, and the Scandal Behind the World's Favorite Board Game (Bloomsbury, 2015) reveals the unknown story of how Monopoly came into existence, the reinvention of its history by Parker Brothers and multiple media outlets, the lost female or...

There has been a resurgent global interest in the origins and formation of authoritarian regimes as many states around the world drift away from liberal democracy. Indonesia’s experiences with such an authoritarian turn in the 1950s and 1960s offers many lessons from history. In Authoritarian Modernization in Indonesia’s Early Independence Period (Brill, 2020), Farabi Fakih offers a historical ana...

In Global Trade in the Nineteenth Century: The House of Houqua and the Canton System (Cambridge University Press, 2016), John D. Wong examines the Canton trade networks that helped to shape the modern world through the lens of the prominent Chinese merchant Houqua, whose trading network and financial connections stretched from China to India, America and Britain. In contrast to interpretations tha...

"A good knowledge of what happened in 1929 remains our best safeguard against the recurrence of the more unhappy events of those days", wrote John Kenneth Galbraith in The Great Crash 1929 – first published in 1954 and re-published in May 2021 as a Penguin Modern Classic. Written over one summer in the Baker Library at Dartmouth College, the book became an instant best-seller and sales have spiked...

How Ten Global Cities Take on Homelessness: Innovations That Work (U California Press, 2021) provides a first-hand account of the challenges of homelessness and how cities have used innovation and local political coordination to take them on. Most importantly, it shares lessons from ten cities--Bogota, Mexico City, Los Angeles, Houston, Nashville, New York City, Baltimore, Edmonton, Paris, and Ath...

Vasco Pedro talks about growing up in Portugal, the lessons learned in military boarding school from the age of 10, his love of coding and building things, and how he was always pushing himself to do better and why team surfing trips, and mock battles are part of the Unbabel culture. We hear him being open about his mistakes and his view of Steve Jobs’ concept of “reality distortion”. He talks abo...

I spoke with Prof. Tim Jackson about his latest book: Post Growth, Life after Capitalism, published by Polity Books in 2021. The book starts with a reflection on the event of the past few months. The success in 2019 of the school strikes for climate, the attention that Greta Thunberg received even in Davos, and the arrival of the pandemic that changed our priorities. Even the 2009 crisis challenge...

Today I talked to John Thompson, Emeritus Professor, Fellow of Jesus College, Cambridge, about his new book Book Wars: The Digital Revolution in Publishing (Polity, 2021). We discuss crowdfunding, audio books, distribution chains, social media, self-publishing, ebooks, Amazon, retail, and oh, also those things that are made of paper and glued together and have words printed in them. Interviewer: "...

For years, American Jewish philanthropy has been celebrated as the proudest product of Jewish endeavors in the United States, its virtues extending from the local to the global, the Jewish to the non-Jewish, and modest donations to vast endowments. Yet, as Lila Corwin Berman illuminates in The American Jewish Philanthropic Complex: The History of a Multibillion-Dollar Institution (Princeton Univer...

In The Other Side of the Coin: Public Opinion toward Social Tax Expenditures (Russell Sage Foundation, 2021), political scientists Christopher Ellis and Christopher Faricy examine public opinion towards social tax expenditures—the other side of the American social welfare state—and their potential to expand support for such social investment. Tax expenditures seek to accomplish many of the goals o...

Talking about social class and the American class structure is a challenge. It can be easy to talk about the class system too rigidly, implying that “the rich stay rich while the poor stay poor.” Yet in our individualistic culture, much rhetoric suggests that anything is possible, which can dismiss the privileges or constraints that come with social class. Dr. Jessi Streib, assistant professor of...

Dr. Kristen Looney’s Mobilizing for Development: The Modernization of Rural East Asia published by Cornell University in 2020 interrogates how countries achieve rural development and offers a new way of thinking about East Asia's political economy that challenges the developmental state paradigm. Based on archival research and fieldwork in Asia, the book provides a comparative historical analysis...

In Black Market Capital Urban Politics and the Shadow Economy in Mexico City (University of California Press, 2018), Andrew Konove traces the history of illicit commerce in Mexico City from the seventeenth century to the twentieth, showing how it became central to the economic and political life of the city. The story centers on the untold history of the Baratillo, the city’s infamous thieves’ mar...

In this podcast Michael Blakey describes how as a strongly dyslexic child his relationship with schooling and formal education was very challenging. He credits his parents with putting him in environments where he developed a lot of resilience - going to boarding schools from the age of seven, and only later in life realising that this was unusual. His early experiences retailing sweets and vodka...

Why do we keep trying to solve poverty with technology? What makes us feel that we need to learn to code--or else? In The Promise of Access: Technology, Inequality, and the Political Economy of Hope (MIT Press, 2021), Daniel Greene argues that the problem of poverty became a problem of technology in order to manage the contradictions of a changing economy. Greene shows how the digital divide emerg...

Today I talked to Kim Scott about her new book Just Work: Get Sh*t Done, Fast & Fair (St. Martin's Press, 2021).  Kim Scott and her fellow guest on this episode, Trier Bryant, co-founded the company Just Work to help organizations and individuals create more equitable workplaces. Scott was a CEO coach at Dropbox, Qualtrics, Twitter, and other tech companies. She was a member of the faculty at Appl...