New Books in Economic and Business History

With the Biden Administration's student loan relief coming down the pike, Annika sits down with Dr. Beth Akers, a Senior Fellow at the American Enterprise Institute who specializes in higher education finance. Beth discusses the issue of student debt, and what the Biden relief plan will and will not achieve.  You can find more information about Dr. Akers and her recent writing and appearances here. Learn more about your ad choices. Visit megaphone.fm/adchoices

We all know that things are a little more expensive when we head to the grocery store. But what does inflation actually mean? How did we get to where we are, and what happens next? What does history have to say about our current economic situation? Annika sits down with Tyler Goodspeed of the Hoover Institution. Dr. Goodspeed served in the White House as Acting Chairman of the Council of Economic Advisers from 2020-2021, and was formerly on the Faculty of Economics at the University of Oxford, where he specialized in financial history.    Learn more about your ad choices. Visit megaphone.fm/adchoices

Andrew Popp, a professor of history at Copenhagen Business School, and Jonathan Coopersmith, a professor (retired) of history at Texas A&M, talk about a recent special issue they edited in the journal History Compass with Peoples & Things host, Lee Vinsel. The special issue brought together a number of business historians to assess the historical arguments of Thomas Piketty’s 2019 book, Capital and Ideology, which argues that societies have developed a number of ideologies to justify inequality. While largely sympathetic to Piketty’s aims, the historians involved prod and criticize aspects of his argument and evidence. Popp, Coopersmith, and Vinsel also discuss the need for more historians, particularly business historians, to focus on the history of inequality. Learn more about your ad choices. Visit megaphone.fm/adchoices

Elizabeth Tandy Shermer, an associate professor of history at Loyola University Chicago, talks about her book, Indentured Students: How Government-Guaranteed Loans Left Generations Drowning in Debt, with Peoples & Things host, Lee Vinsel. Indentured Students examines the long history of student loans in the United States, including important turning points in the 1960s. Shermer argues that elected officials have preferred student loans as an answer to an important social problem, the perceived-need for college education, over more structural solutions. Shermer and Vinsel also talk about what this legacy of debt means today as well as what recent public discussions about student debt might portend for the future. Learn more about your ad choices. Visit megaphone.fm/adchoices

Journalist Katherine Blunt, who writes about renewable energy and utilities for the Wall Street Journal, talks about her new book, California Burning: The Fall of Pacific Gas and Electric—and What It Means for America’s Power Grid with Peoples & Things host, Lee Vinsel. The book tells the fascinating story of how declining performance at an electrical utility eventually led to wildfires and staggering loss of human life. Blunt and Vinsel also talk about what this story means for the future of electricity utilities in the face of global climate change. Learn more about your ad choices. Visit megaphone.fm/adchoices

On October 30, 1975, the New York Daily News printed the most famous headline in its history: “Ford to City: Drop Dead.” The previous day, President Gerald Ford had delivered a speech at the National Press Club in Washington on the looming bankruptcy of New York City. In the speech, Ford publicly denied the near-bankrupt New York City a federal bailout. The next morning, the streets of Manhattan were littered with the incendiary headline.  It has been fifty years since the publication of the headline, which presents an opportunity to reconsider this historical period. In this special edition episode, host Ryan Purcell talks with Benjamin Holtzman, Assistant Professor of History at Lehman College (CUNY), about the soundtracks behind New York’s fiscal crisis. Holtzman is the author of The Long Crisis: New York and the Path to Neoliberalism (Oxford University Press, 2023), a volume that returns to this turbulent period to explore the origins and implications of the diminished faith in government as capable of solving public problems. In the wake of the fiscal crisis of 1975, Holtzman argues, local people and officials rebuilt the city from the ground up, creating a system that would both exacerbate old racial and economic inequalities and produce new ones that continue to shape metropolitan areas today. Contact Soundscapes NYC Here Support the show Learn more about your ad choices. Visit megaphone.fm/adchoices

Historian Hanna Rose Shell, a professor at University of Colorado, Boulder, talks about her book Shoddy: From Devil’s Dust to the Renaissance of Rags with Peoples & Things host Lee Vinsel. Along the way, Shell raises a number of important and interesting things, including the long history of reuse and recycling and how forms of technology and work become tied to social status. With shoddy, it was the anxieties of low class, low social status work and poverty. Shell also discusses how individual technologies become mirrors for the worries, fears, hatreds, and other feelings of society – how when we look into the history of any technology we often see ourselves reflected back. Learn more about your ad choices. Visit megaphone.fm/adchoices

In three short years, the Milwaukee Bucks went from merely an idea to NBA champions. What started as a quest by Marvin Fishman and eventually Wesley Pavalon to get Milwaukee back in the big leagues became something bigger than they could have imagined. They attracted a hard-working coach in Larry Costello, a pioneer in Wayne Embry and some of the biggest talents in the game of basketball with Kareem Abdul-Jabbar and Oscar Robertson. The pieces fell into place for a franchise that asserted themselves as a force to be reckoned with in the NBA. Building the Milwaukee Bucks: Kareem Abdul-Jabbar, Oscar Robertson, and the Rapid Rise of an NBA Franchise, 1968-1975 (McFarland, 2025) covers the unique formation of the NBA franchise that helped restore the image of the city of Milwaukee amid civil unrest and the departure of Major League Baseball as well as why Abdul-Jabbar never found comfort being the face of the Bucks while living in Milwaukee. Paul Knepper covered the New York Knicks for Bleacher Report. His first book was The Knicks of the Nineties: Ewing, Oakley, Starks and the Brawlers That Almost Won It All. His next book, Moses Malone: The Life of a Basketball Prophet, is now available. You can reach Paul at paulknepper@gmail.com and follow him on Twitter @paulieknep. Learn more about your ad choices. Visit megaphone.fm/adchoices

Karen L. Bowen and Dirk Imhof join Jana Byars to talk about their new book, The Burgeoning European Print Trade: The Distribution of Prints Via the Plantin-Moretus Press of Antwerp (Harvey Miller, 2025). The European print trade is an evocative topic. Not only art historians, but social, cultural, and economic historians all agree that it was of vital importance in the Early Modern Period, as the conveyer of established icons, as well as the most recent imagery and news. Yet, thus far it is often discussed solely on the basis of tantalizing, isolated case studies. Bowen and Imhof's ground-breaking publication will address this significant lacuna by demonstrating in unprecedented detail how booksellers were routinely engaged in the extensive international distribution and sale of hundreds of thousands of prints annually between the mid-sixteenth and mid-seventeenth centuries. Based upon the exceptionally well-preserved archives of the renowned Plantin-Moretus Press of Antwerp, this book presents the often-overlooked interwoven worlds of booksellers and print sellers, while documenting Antwerp's continued fame for the production and distribution of prints. Together with a remarkable array of clients, ranging from the cultivated and influential elite to ordinary laymen, these figures provide palpable examples of suppliers, buyers, and middlemen that reveal how they interacted with one another. Simultaneously, this work illuminates numerous critical related topics, ranging from how prints were priced and the relative quantities in which they were sold, to the importance of national and professional networks in these transactions. The result is an essential, novel study that clarifies how the print trade worked in practice during a burgeoning period in its evolution. Learn more about your ad choices. Visit megaphone.fm/adchoices

Who makes a living from the music industry? In Music Technology Panic Narratives Beyond Piracy: From Taping to Napster to TikTok (Anthem Press, 2026) David Arditi, an associate professor of sociology at the University of Texas at Arlington, looks at the history of technology in the music industry. This history illustrates the way the industry continues to profit even as artists struggle to make money. The book charts the development and evolution of listeners’ uses of formats and technologies, from cassette tapes and CDs through sharing to streaming, demonstrating how the record industry has initiated moral panics to stop threats to their profits. This is in a context where listeners and independent labels have found new ways to engage with music because of these same formats and technologies. An engaging and accessible overview of issues central to creative industries, the book is essential reading for anyone interested in contemporary culture. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Colombian village of Briceño might, at first glimpse, look like many communities in the rural Global South. Many of the people living there rely on small-scale farming, even as a newly constructed hydroelectric dam threatens traditional livelihoods. Yet after decades where Briceño suffered from a bloody conflict, the village has more recently become central to the nation’s hopes for peace. In Governing the Excluded, sociologist Alex Diamond shares a closer look at Briceño and offers unique insight not only into the contemporary Colombian state but to how people across the Global South are struggling to maintain rural livelihoods amid economic dispossession.Governing the Excluded describes a landmark peace process between the Colombian government and the radical FARC guerrillas from the perspective of Colombian farmers, drawing links between economic transformation, drug economies, and armed conflict. Exclusion from global markets for traditional crops like coffee first pushed farmers to grow coca, the raw material for cocaine. This ushered in an era of violent conflict for control of the illicit economy, while farmers continued to be priced out of legal markets. In exchange for peace and state protection, farmers ultimately agreed to sacrifice profitable coca. But with its disappearance, they now find themselves dependent on the state: for machinery to maintain the roads they need to get legal harvests to market, municipal jobs that are the only decent work available, and for public resources to subsidize food crops with razor-thin profit margins. Ongoing economic struggles in the legal sector make the state’s newfound authority tenuous, as some villagers replant coca, abandon the village for uncertain urban futures, or join a rearmed guerrilla group.Informed by deep ethnographic research and firsthand stories from Briceño residents, Governing the Excluded shows that when it comes to the forces driving dispossession—be they international corporate megaprojects, global food prices, or national initiatives to replace coca cultivation—state authority goes only so far as its ability to sustain local livelihoods. Sneha Annavarapu is Assistant Professor of Urban Studies at Yale-NUS College. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fossil Consumerism: Energy, Ecology and Everyday Life in the Early Modern Low Countries (Leuven UP, 2026) by Dr. Wout Saelens explores how the homes of ordinary city dwellers sparked our modern dependence on fossil fuels. Drawing on a rich variety of sources, including probate inventories, household manuals, personal journals, medical treatises and contemporary artwork, it reveals how households in the early modern Low Countries embraced peat and coal to fuel new standards of warmth, light and domesticity. Yet, with these new home comforts came rising indoor pollution, intensified and gendered housework and, ultimately, a quiet shift in humanity’s relationship with nature. Bridging the histories of environments, material culture and consumption, Fossil Consumerism offers a reinterpretation of the historical roots of global warming, finding these not in the industrial mill, but in the intimate, overlooked spaces of the home. This book is essential reading for anyone interested in the everyday origins of the Anthropocene and is available Open Access. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bullet bras, bazookas, bombshells, bikinis. In Atomic Bombshells: How Plastics Shaped Postwar Bodies (Duke UP, 2026), Dr. Isabelle Held challenges the usual narratives of how war technologies enter domestic use by following plastics on their journey into women’s bodies. Dr. Held explores the effects of military-industrial science and the emergence of nylon, silicone, and plastic foams on embodied and expressive configurations of gender, sexuality, and race. She focuses on the United States between the late 1930s with the launch of nylon—whose potential was widely celebrated as the world’s first fully synthetic fiber and the ideal replacement for silk stockings—and the late 1970s, when policies began addressing the dangerous health consequences of implantable plastics. Dr. Held untangles the complex relationships between chemical companies, the US military, the Federal Drug Administration, plastic surgeons, advertising agencies, the Hollywood star system, go-go dancers, drag queens, and fashion and industrial designers. Using feminist, queer, and trans lenses, she shows that there was never just one bombshell identity. In so doing, Dr. Held complicates typical understandings of the shaping and reshaping of gender. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s one of the biggest questions in economic history: How did a richer, more advanced China fall behind Europe? Why was Europe the home of the Industrial Revolution, and not China? And what does that journey tell us about politics and culture? In Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000 (Princeton UP, 2025), Guido Tabellini, alongside his co-authors, argues that the answer comes from how European and Chinese organized cooperation—through corporations in Europe and through clans in China—and how that shaped each one’s society. Guido Tabellini is the Intesa Sanpaolo Chair in Political Economics and Vice President at Bocconi University. Learn more about your ad choices. Visit megaphone.fm/adchoices

John is joined by the brilliant and affable Paul Kramer of Vanderbilt (The Blood of Government) to discuss Capitalism: A Global History (Penguin, 2025) by Sven Beckert, Laird Bell Professor of History at Harvard University. With Christine A. Desan (Recall This Book adores her) he is the co-director of the Program on the Study of Capitalism at Harvard University. This builds on his marvelous previous work about the global cotton trade. John wants to know about the importance of the state as money-maker and underpinner of markets. Paul asks about the key historical ruptures; the conversation goes back a millennium to traders in Aden and in China. Together Paul and Sven speculate on the role violence plays inside the “free” market that capitalist exchange established and now somewhat remarkably sustains. The singular turning-point of the late 19th century (which Sven decided to present in three interwoven chapters) comes in for sustained attention. Mentioned in the Episode Christine Desan, Making Money: Coin, Currency, and the Coming of Capitalism (2014) Ursula Le Guin “We live in capitalism, its power seems inescapable — but then, so did the divine right of kings.” (National Book Foundation Medal speech 2014) Ferdinand Braudel Afterthoughts on Material Civilization and Capitalism (1979) Eric Williams, Capitalism and Slavery (1944) Listen and Read here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Awash in a sea of rum describes the years between the 1670s and the 1830s in the colonies that would later become Canada. Millions of litres of the sugar-based liquor were imported every year to supply a comparatively small population of colonists and Indigenous people. Why rum, and why so much?Rum was cheap and plentiful. Intimately connected to the West Indian slave plantation complex, rum shipped to early Canada and around the Atlantic World was part of the early modern expansion of intercontinental trade known as the first globalization. Canada in the Age of Rum (McGill-Queen's UP, 2026) by Professor Allan Greer shows what happened to the vast quantities that came to Canadian shores. Rum was especially important to workers in the early Canadian staples industries. Fishermen and fur-trade voyageurs drank rum in massive quantities, supplied on credit and at grossly inflated prices by their employers, an arrangement that served to claw back wages and ensure the profitability of enterprises that would not have been viable otherwise. Traders deliberately sought to get hunting peoples hooked on rum in order to ensure a steady supply of pelts – alcohol was not so much a commodity for sale as it was a gift used to induce hunters to conform to the ways of the capitalist economy. However, Indigenous people drank rum in their own ways and for their own reasons; and when drinking became a serious social problem, they organized to resist it. The story ends in the 1830s when the combined effects of the temperance movement and the rise of whisky led to a sharp decline in rum consumption.This brilliant history follows the thread of a single commodity from West Indian plantations to Newfoundland, Quebec, and the west, revealing rum as a critical lubricant of the social life of early Canada and its particular version of early capitalism. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peoples & Things host, Lee Vinsel, and guest host, Paula Bialski, Associate Professor of Digital Sociology at University of St. Gallen, talk to Ben Collier, Senior Lecturer in Digital Methods in the Science, Technology, and Innovation Studies department at the School of Social and Political Science at the University of Edinburgh, about his book, _Tor: From the Dark Web to the Future of Privacy_, as well as some of his other work. The book examines one of the most important and misunderstood technologies of the digital age, Tor, the overlay network that allows for anonymous communication, best known as the infrastructure underpinning the so-called Dark Web. Collier takes a community-centered approach and examines the many different reasons and motivations people become involved in using and maintaining the platform. The trio also talk about various other projects and themes, including Collier’s current project on the visual and aesthetic standardization of public security infrastructure, like barriers and bollards. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Precarious Accumulation: Fast Fashion Bosses in Transnational Guangzhou (Duke UP, 2026), the cultural anthropologist Nellie Chu tells the story of the migrant entrepreneurs at the heart of Guangzhou’s fast fashion industry—one of the world’s most dynamic hubs of transnational commodity production. Chu shows how rural Chinese migrants, West African traders, and South Korean jobbers navigate the high-speed, low-margin world of just-in-time garment production that fuels the constant accumulation of wealth via global supply chains. Drawing on fieldwork in Guangzhou’s urban villages and household workshops, Chu outlines how these entrepreneurs’ dreams of economic freedom clash with the reality of precarity and the exclusions of emigre status. Migrant bosses operate within a highly competitive, informal economy where they are both agents and target of exploitation, as they must evade rent collectors, endure racialized policing, and mitigate extortion from security officers and competitors. Chu crucially demonstrates how their efforts generate novel forms of migratory labor, commodity production, and cross-cultural exchange in postsocialist China. Nellie Chu (email here) is Assistant Professor of Cultural Anthropology at Duke Kunshan University. Her research focuses on transnational and domestic migrant entrepreneurs across the global supply chains of fast fashion in southern China. She has papers published in leading academic journals, including positions: east asia critique, Modern Asian Studies, Culture, Theory, and Critique, and Journal of Modern Craft. Her work can also be found in Made in China Journal, Youth Circulations, and Noema Magazine. Yadong Li is an anthropologist-in-training. He is a PhD candidate of Socio-cultural Anthropology at Tulane University. More details about his scholarship and research interests can be found here. Learn more about your ad choices. Visit megaphone.fm/adchoices

In recent decades, self-proclaimed “independent bookstores” have arisen across China. In the West, such retailers represent an alternative to corporations and chains. In China, by contrast, they differentiate themselves from not only the state-owned Xinhua Bookstore but also other privately owned shops through an emphasis on intellectual independence and the free exchange of ideas. Cultural Mavericks: The Business and Politics of Independent Bookselling in China (Columbia UP, 2026) by Dr. Zheng Liu takes readers inside the world of independent bookselling in China, showing how a wide range of figures navigate the challenges of book retailing in the digital age amid rapidly shifting social, political, and economic dynamics. Drawing on more than a decade of immersive research—including interviews, observations, and extensive documentary analysis—Dr. Liu unveils how these bookstores carve out a unique identity and market position. She develops the concept of “culturally adapted strategy” to explain how independent bookstores—as both dedicated cultural institutions and resilient business enterprises—balance economic imperatives with a deep commitment to intellectual autonomy. Dr. Liu challenges the tendency to understand nonstate cultural institutions in China in terms of resistance, arguing that independent bookstores engage with politics as a strategic means of differentiation from the competition. Richly detailed and compellingly written, Cultural Mavericks sheds new light on the interplay among culture, commerce, and politics in China, offering timely insights into the evolving dynamics of China’s book industry and wider cultural economy. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Societal grand challenges have taken a toll on humanity, which finds itself at a crossroads. The concentration of wealth and economic inequality, the dominance of Big Tech firms, the loss of privacy and free choice, and the overconsumption and abuse of natural resources have been reinforced by globalization. Regulation, legislation, international treaties, and government and corporate policies have fallen short of offering sufficient remedies. The Cooperative Economy: A Solution for Society(Routledge, 2023) offers a bold solution: a new economic system, free from the design flaws that have contributed to these societal grand challenges. The cooperative economy is an ethical community-driven exchange system that relies on collective action to promote societal values while accounting for resource constraints. The book explains how this new system uses design principles to promote the self-sufficiency of communities, sustainability, and entrepreneurship while limiting overconsumption and excessive profit-making. It enhances economic equality by leveraging price subsidization and by restricting salary differences. Please become involved. If interested it what a cooperative economy can offer and what role you can play in it, go to the book’s website here. Learn more about your ad choices. Visit megaphone.fm/adchoices