New Books in Economics

Loraine Kennedy‘s The Politics of Economic Restructuring in India: Economic Governance and State Spatial Rescaling (Routledge, 2014) is a timely and important intervention into the debate on how economic liberalisation is transforming the Indian state. The book’s central argument is that these reforms have ‘rescaled’ the Indian state, with important consequences for growth and economic governance....

Dalits and Adivasis in India’s Business Economy: Three Essays and an Atlas (Three Essay Collective, 2013) is a wonderful new book by Barbara Harriss-White and small team of collaborators – Elisabetta Basile, Anita Dixit, Pinaki Joddar, Aseem Prakash and Kaushal Vidyarthee – published by the Three Essays Collective. The book explores the ways in which economic liberalisation interacts with caste, s...

How did we come to think of spaces for the storage and circulation of body parts as “banks,” and what are the consequences of that history for the way we think about human bodies as property today? Kara W. Swanson‘s wonderful new book traces the history of body banks in America from the nineteenth century to today, focusing especially on milk, blood, and sperm. Banking on the Body: The Market in B...

Lifeblood: Oil, Freedom, and the Forces of Capital (University of Minnesota Press, 2013) is an incisive look into how oil permeates our lives and helped shape American politics during the twentieth century. Author Matthew Huber shows the crucial role oil and housing policy played in the New Deal and how, in subsequent decades, government policies drove many Americans to the suburbs and increased t...

“Diamonds are forever” or “Blood diamonds”–the one a pithy marketing slogan showing how diamonds encapsulate enduring love and commitment and the other a call to conscience about the violence and suffering the quest for diamonds has entailed throughout Africa, the supplier of the majority of the world’s diamonds. In his engagingly written and concise history, Stones of Contention: A History of Afr...

The new book, Constructing Neoliberalism: Economic Transformation in Anglo-American Democracies (University of Toronto Press, 2013) shows how political elites in Britain, New Zealand, Australia and Canada successfully introduced radically new economic policies in the 1980s. While opinion polls have consistently showed that neoliberal policies are not popular, governments in all four countries have...

An unflinching examination of the trauma, violence, opportunism, and vision that combined to create the empire for slavery that was the Old South, Ed Baptist‘s new book The Half Has Never Been Told: Slavery and the Making of American Capitalism (Basic Books, 2014) challenges popular conceptions of that region that imagine it as a land of proud men, genteel ladies, and an antiquated, inefficient sy...

Staci Zavattaro is the author of the new book Cities for Sale: Municipalities as Public Relations and Marketing Firms (SUNY Press, 2013). Zavattaro is assistant professor of public administration at Mississippi State University. Cities have received renewed interest from political scientists recently. Previously, Ravi K. Perry was on the podcast to discuss his book Black Mayors, White Majorities:...

Since the 1990s, the music industry has been going through a massive transformation. After World War II, the primary way audiences participated in the music business in the period between 1945 and 1990 was by purchasing records and attending concerts. The internet and the mp3 file, however, have changed how people are listening to music. In Popular Music in a Digital Music Economy: Problems and Pr...

John Nathan Anderson’s new book, Radio’s Digital Dilemma: Broadcasting in the 21st Century (Routledge, 2014), documents the somewhat tortured path of broadcast radio’s digital transition in the United States.  Beginning his analysis with rise of neoliberal communications policy in the 1980s, Anderson charts the development of the idea of digitalization by closely examining two key archival sources...

The continued growth of online gaming and virtual worlds has effects not only in the analog world, with games and social media organizations taking stock options public, but also in the worlds created online. Many games and platforms allow users to involve themselves in virtual labor, to own property, and most importantly to make purchases. This one of areas where the analog and virtual crossover....

Jim Russell is a sociologist and it was his encounter with the hidden realities of his own 401(k) retirement plan that touched off his crusade to demystify for himself, and then others, just what was at stake in the options presented by private and public retirement plans. In Social Insecurity: 401(k)s and the Retirement Crisis (Beacon Press, 2014), he puts into plain language for ordinary America...

Brett Scott is the author of The Heretic’s Guide to Global Finance: Hacking the Future of Money (Pluto Press, 2013). Scott is a journalist, urban deep ecologist, and Fellow at the Finance Innovation Lab. While much of Scott’s book focuses on explaining various aspects of the financial services section, the heart of the book is a call to action. Scott infuses this call with a variety of first-hand...

Americans are very politically divided. Democrats say we need a more powerful welfare state while Republicans say we need to maintain the free market. The struggle, we are constantly informed, is one of ideas. And that it is in the worst possible sense, for neither the Democrats nor Republicans seem interested in evidence. They don’t want the facts to get in the way of their arguments. In his rema...

Much of the progress in technology today has come about as a result of innovators who did not seek prior approval from regulatory bodies and such. Yet, even with the beneficial results from innovations like the commercial Internet, mobile technologies, and social networks, a disposition exists to be overly cautious with respect to new things.  Adam Thierer calls this the “precautionary principle” ...

Nicholas Carnes is the author of White-Collar Government: The Hidden Role of Class in Economic Policy Making (University of Chicago Press, 2013). Carnes is an assistant professor of public policy in the Sanford School of Public Policy at Duke University. There is surprisingly little in the research literature on the link between social class and legislative behavior. For a topic that seems so ripe...

In 1927 Russian-American legal theorist Alexander Sack introduced the doctrine of “odious debt.” Sack argued that a state’s debt is “odious” and should not be transferable to successor governments after a revolution, if it was incurred without the consent of the people; and not for their benefit. This doctrine has largely been rejected, with a firm presumption of “sovereign continuity” emerging in...

The British Marxist economist Maurice Dobb is now largely forgotten. That’s too bad for a number of reasons. He was a brilliant thinker who wrote some of the most insightful analyses of the development and workings of capitalism around. You can still read his work and profit. He was the intellectual godfather of several notable British Marxist historians of the “New Left” of the 1960s and 1970s: R...

The cultural and material history of what is fashionable or “trendy” can be particularly revealing about the time period under study. The most recent work that underscores this point is Jennifer Anderson‘s Mahogany: The Cost of Luxury in Early America (Harvard University Press, 2012).  Anderson traces the popularity of mahogany wood in the mid eighteenth century from its use in England–a matter of...

Aswin Punthamabekar‘s From Bombay to Bollywood: The Making of a Global Media Industry (New York University Press, 2013) offers a deeply researched and richly theorized look at the evolution of the world’s largest film industry over the past few decades. Combining ethnographic research with close textual analyses of Bollywood films, Punthamabekar shows how the media industry’s growth has been compl...

Pedro Oliveira provides a fascinating glimpse into his transition from academia into consultancy, with a guide for those like minded to boot. People-Centered Innovation: Becoming a Practitioner in Innovation Research (Biblio Publishing, 2013) chronicles Oliveira’s journey from his work as a clinical psychologist in Portugal, to becoming an anthropologist in the UK, and moving into the world of bus...

Kevin Kerrane‘s Dollar Sign on the Muscle: The World of Baseball Scouting (CreateSpace, 2013) represents the first major study of the history and practice of professional baseball scouting.  Based on Kerrane’s ethnographic research with the Philadelphia Phillies during the 1981 season, the book provides an inside look at one of sports’ least understood professions and most unusual subcultures. Ori...

In Branding the Nation: The Global Business of National Identity, Melissa Aronczyk locates the rise of nation branding as a response to the perceived need to sculpt national identity in the face of a fiercely competitive global economy. In tracking the history of the nation-branding phenomenon, Aronczyk recounts the rise and spread of the very idea of national “competitiveness,” a discourse that,...

Philip Mirowski is author of Never Let A Serious Crisis Go To Waste: How Neoliberalism Survived the Financial Meltdown (Verso Books 2013). Mirowski is the Carl Koch Chair of Economics and the History of Philosophy at the University of Notre Dame. He’s previous authored Science-Mart, Machine Dreams, and More Heat than Light. Mirowski brings his broad background as an economist, historian, and philo...

While it has become typical to see Filipina/o migrants working in nursing or domestic work in the United States, many are surprised to see Filipina/os doing the same work in Hong Kong, Israel, and Dubai. Indeed, Filipina/o workers are ubiquitous around the globe, and may be the world’s first truly global labor force. In Robyn Rodriguez‘s new book, Migrants for Export: How the Philippine State Brok...