New Books in Economics
By: Marshall Poe
Language: en
Categories: Science, Social
This podcast is a channel on the New Books Network. The New Books Network is an academic audio library dedicated to public education. In each episode you will hear scholars discuss their recently published research with another expert in their field. Discover our 150+ channels and browse our 28,000+ episodes on our website: newbooksnetwork.com Subscribe to our free weekly Substack newsletter to get informative, engaging content straight to your inbox: https://newbooksnetwork.substack.com/ Follow us on Instagram and Bluesky to learn about more our latest interviews: @newbooksnetworkSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Episodes
Harold James, "Seven Crashes: The Economic Crises That Shaped Globalization" (Yale UP, 2023)
Jan 11, 2026In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital ma...
Duration: 00:50:39Extraction: The Frontiers of Green Capitalism with Thea Riofrancos
Jan 06, 2026Lithium, a crucial input in the batteries powering electric vehicles, has the potential to save the world from climate change. But even green solutions come at a cost. Mining lithium is environmentally destructive. We therefore confront a dilemma: Is it possible to save the world by harming it in the process?
Having spent over a decade researching mining and oil sectors in Latin America, Thea Riofrancos is a leading voice on resource extraction. In this episode, we discuss her 2025 book Extraction: The Frontiers of Green Capitalism, in which she draws on groundbreaking fieldwork on the global race fo...
Duration: 01:13:52David Morris, "Stealing The Future: Sam Bankman-Fried, Elite Fraud, and the Cult of Techno-Utopia" (Watkins Media, 2025)
Jan 05, 2026Stealing the Future is the first book to tell the true and full story of Sam Bankman-Fried and his historic crimes. It chronicles the $11 billion FTX fraud with the detail and nuance of a financial fraud expert and cryptocurrency insider – but unlike any book before it, it also traces the ideas that enabled the crime. “Effective Altruism” and related tendencies, such as longtermism and transhumanism, remain dangerously influential in today’s Silicon Valley. Despite Bankman-Fried’s pose as a cuddly liberal philanthropist, they are now center stage in the global rise of the far right, and also lie at the heart o...
Duration: 00:59:41Judd B. Kessler, "Lucky by Design: The Hidden Economics of Getting More of What You Want" (Little, Brown Spark, 2025)
Jan 03, 2026What's the secret to scoring a reservation at a hot new restaurant? When should you enter a lottery to increase your odds of winning? Why did your neighbor's kid get into a nearby preschool while yours didn't? Who gets priority for a life-saving organ donation?
These outcomes are not a matter of luck. Instead, they depend on how we navigate hidden markets that arise to decide who gets what when many of us want something and there isn't enough to go around. Every day we play in these markets, yet few of us fully understand how they...
Duration: 00:51:36Sven Beckert, "Capitalism: A Global History" (Allen Lane, 2025)
Dec 25, 2025No other phenomenon has shaped human history as decisively as capitalism. It structures how we live and work, how we think about ourselves and others, how we organize our politics. Sven Beckert, author of the Bancroft Prize–winning Empire of Cotton, places the story of capitalism within the largest conceivable geographical and historical framework, tracing its history during the past millennium and across the world. An epic achievement, his book takes us into merchant businesses in Aden and car factories in Turin, onto the terrifyingly violent sugar plantations in Barbados, and within the world of women workers in textile fa...
Duration: 01:00:59Matthew Scobie and Anna Sturman, "The Economic Possibilities of Decolonisation" (Bridget Williams Books, 2024)
Dec 22, 2025What do the economics of decolonisation mean for the future of Aotearoa? This question drives the work of Dr. Matthew Scobie and Dr. Anna Sturman as they explore the complex relationship between tangata whenua and capitalism in The Economic Possibilities of Decolonisation (Bridget Williams Books, 2024). By weaving together historical insights and contemporary analysis, this book reveals the enduring influence of Māori economies and illuminates how these perspectives could radically transform Aotearoa’s political economy for the better.
This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and imp...
Isabelle Guérin et. al., "The Indebted Woman: Kinship, Sexuality, and Capitalism" (Stanford UP, 2023)
Nov 29, 2025In The Indebted Woman: Kinship, Sexuality, and Capitalism (Stanford UP, 2023), the authors Isabelle Guérin, Santosh Kumar and G. Venkatasubramanian conceptualise how gender, debt, and capitalism are related. For over ten years, the researchers have been working in the Indian countryside of east-central Tamil Nadu, observing a credit market that specifically targets Dalit women. The book highlights not only the ways how credit is distributed, but also how it is repaid. Combining in-depth ethnography with statistical surveys and financial diaries advanced the understanding of how Dalit women deal with debt, exposing the ways in which capitalism shapes womanhood. The authors' nua...
Duration: 00:55:21Richard S. Ruback and Royce Yudkoff, "HBR Guide to Buying a Small Business: Think Big, Buy Small, Own Your Own Company" (HBR Press, 2017)
Nov 24, 2025Are you looking for an alternative to a career path at a big firm? Does founding your own start-up seem too risky? There is a radical third path open to you: You can buy a small business and run it as CEO. Purchasing a small company offers significant financial rewards--as well as personal and professional fulfillment. Leading a firm means you can be your own boss, put your executive skills to work, fashion a company environment that meets your own needs, and profit directly from your success.
But finding the right business to buy and closing the...
Duration: 00:55:16Verena Halsmayer on Managing Growth in Miniature: Solow’s Model as an Artifact
Nov 24, 2025Peoples & Things host, Lee Vinsel, chats with Verena Halsmeyer, a postdoctoral fellow at the University of Vienna, about her recent, award-winning book, Managing Growth in Miniature: Solow’s Model as an Artifact. The book explores the history of the way economists think about growth, including the role of technological change in it. It focuses on the period between the 1930s and 1960s, tracing the development of the famed 'Solow growth model,' one of the central mathematical models in postwar economics. The pair also talk about the intersections between the history of science and the history of economics and how...
Duration: 01:22:06Ivan Franceschini et al., "Scam: Inside Southeast Asia's Cybercrime Compounds" (Verso Books, 2025)
Nov 20, 2025“If I had been enslaved for a year or two, I might not be able to believe in humanity any more.” “I am a victim of modern slavery.”
These chilling words come from a Taiwanese female lured by a fake job offer, only to be sold into a scam compound in Cambodia. She is not alone. She is one of thousands deceived into this industry—people who left home hoping for a better life, only to find themselves trapped in a living nightmare.
Scam: Inside Southeast Asia's Cybercrime Compounds (Verso Books, 2025) arrives at a critical moment, sheddi...
Duration: 00:50:32Christina Jerne, "Opposition by Imitation: The Economics of Italian Anti-Mafia Activism" (U Minnesota Press, 2025)
Nov 19, 2025For more than 150 years, Italy has been home to a resilient and evolving resistance against the pervasive influence of mafias. While these criminal organizations are renowned for their vast international business enterprises, the collective actions taken to oppose them are less known. In Opposition by Imitation: The Economics of Italian Anti-Mafia Activism (U Minnesota Press, 2025), Dr. Christina Jerne explores anti-mafia activism, revealing how ordinary people resist, counter, and prevent criminal economies from proliferating.
Drawing on ethnographic fieldwork among anti-mafia alliances in Campania, Sicily, and other parts of Italy, Dr. Jerne details a particular aspect of mafia activities: pr...
Duration: 00:56:40Carl Benedikt Frey, "How Progress Ends: Technology, Innovation, and the Fate of Nations" (Princeton UP, 2025)
Nov 19, 2025In How Progress Ends: Technology, Innovation, and the Fate of Nations (Princeton University Press, 2025), Carl Benedikt Frey challenges the conventional belief that economic and technological progress is inevitable. For most of human history, stagnation was the norm, and even today progress and prosperity in the world's largest, most advanced economies--the United States and China--have fallen short of expectations. To appreciate why we cannot depend on any AI-fueled great leap forward, Frey offers a remarkable and fascinating journey across the globe, spanning the past 1,000 years, to explain why some societies flourish and others fail in the wake of rapid technological cha...
Duration: 00:54:29Vanessa S. Williamson, "The Price of Democracy: The Revolutionary Power of Taxation in American History" (Basic Books, 2025)
Nov 18, 2025Americans have always fought over the meaning of freedom and equality. What is not commonly recognized is that the battles most pivotal in defining our democracy, from the framing of the Constitution to the decades-long backlash to the civil rights movement, hinged on one issue—taxes.
In The Price of Democracy: The Revolutionary Power of Taxation in American History (Basic Books, 2025), Vanessa S. Williamson challenges the myth that Americans are instinctively anti-tax, revealing that fights over taxes have always been proxies for deeper conflicts over who is included in “We the People.” Poorer people have repeatedly built movements that sough...
Thomas Piketty, "A Brief History of Equality" (Harvard UP, 2022)
Nov 17, 2025It's easy to be pessimistic about inequality. We know it has increased dramatically in many parts of the world over the past two generations. No one has done more to reveal the problem than Thomas Piketty. Now, in this surprising and powerful new work, Piketty reminds us that the grand sweep of history gives us reasons to be optimistic. Over the centuries, he shows, we have been moving toward greater equality.
In A Brief History of Equality (Harvard UP, 2022), Piketty guides us with elegance and concision through the great movements that have made the modern world for bet...
Duration: 00:28:56Joe Allen, "The Package King: A Rank and File History of UPS" (Haymarket Books, 2020)
Nov 16, 2025If the 20th Century was the American Century, it was also UPS's Century. Joe Allen's The Package King: A Rank and File History of UPS (Haymarket Books, 2020), tears down the Brown Wall surrounding one of America's most admired companies—the United Parcel Service (UPS). The company that we see everyday but know so little about. How did a company that began as a bicycle messenger service in Seattle, Washington become a global behemoth? How did it displace General Motors, the very symbol of American capitalism, to become the largest, private sector, unionized employer in the United States? And, at what c...
Duration: 01:01:15Richard H. Thaler and Alex Imas, "The Winner's Curse: Behavioral Economics Anomalies, Then and Now" (Simon and Schuster, 2025)
Nov 15, 2025Alex Imas is the Roger L. and Rachel M. Goetz Professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business, where he has taught Negotiations and Behavioral Economics. He is a Faculty Affiliate of the Center for Applied AI and the Human Capital & Economic Opportunity, an NBER Faculty Research Associate, and a CESifo Research Network Fellow. He is also an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science.
Alex studies behavioral economics with a focus on...
Duration: 00:54:22Pierre-Yves Donzé & Maki Umemura, "Pierre-Yves Donzé & Maki Umemura, Japan and the Great Divergence in Business History" (JESB, 2025)
Nov 13, 2025For much of the late 20th century, Japanese business historians were core contributors to the global field. They published, collaborated, and shaped debates. But something shifted after 2000. Their international visibility - and participation in emerging theoretical conversations - declined.
In Japan and the Great Divergence in Business History (Donzé & Umemura, 2025), the authors argue that this shift wasn’t due to a lack of scholarship, but a misalignment of frameworks. While business history globally began integrating concepts from management studies, economic sociology, political economy, and comparative capitalism, Japanese scholarship largely remained anchored in the Chandlerian paradigm: rich, rigorous firm...
Duration: 00:32:37Lars Cornelissen, "Neoliberalism and Race" (Stanford UP, 2025)
Nov 11, 2025In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoreti...
Duration: 01:17:23Joseph Stiglitz, "The Origins of Inequality" (Oxford UP, 2025)
Nov 10, 2025Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France...
Duration: 00:39:47How Government Made the U.S. into a Manufacturing Powerhouse
Nov 10, 2025Peoples & Things host, Lee Vinsel, talks with Colleen Dunlavy, Emeritus Professor of History at University of Wisconsin-Madison, about her recent book, Small, Medium, Large: How Government Made the U.S. Into a Manufacturing Powerhouse. Small, Medium, Large examines the crucial role that the U.S. federal government played in rationalizing and diffusing industrial production standards, which over time greatly increased economies of scale and reduced the cost of both industrial and consumer goods.
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Duration: 01:10:28Loic De Canniere, "The Future of Employment in Africa: Demography, Labour Markets and Welfare" (Anthem, 2025)
Nov 04, 2025The Future of Employment in Africa: Demography, Labor Markets and Welfare explores the major trends that will define the face of the sub-Saharan continent in the next three decades. The near doubling of Africa’s population by 2050 will lead to more than twenty million new job seekers entering the African labor market every year until then. Right now, Africa doesn’t seem able to offer jobs to this many people, resulting in possible unrest and intra-African or intercontinental migration flows, including to Europe. Climate change creates additional migratory pressure as it threatens the future of agriculture and livestock.
Maxim Sytch, "The Influence Economy: Decoding Supplier-Induced Demand" (Oxford UP, 2025)
Nov 02, 2025In The Influence Economy: Decoding Supplier-Induced Demand (Oxford UP, 2025), Maxim Sytch reveals how professional services--consulting, marketing, banking, and legal firms--create demand for unnecessary and potentially harmful products and services. Such supplier-induced demand can take many forms, including superfluous reorganizations, frivolous lawsuits, and ill-conceived acquisitions. These actions may not only fail to produce positive outcomes but can also inflict detrimental consequences on the buying organization, from squandering valuable resources and demotivating the workforce to disrupting business operations and causing various operational, legal, and financial setbacks.
Through empirical analyses and interviews with buyers and sellers of professional services, Sytch revea...
Duration: 01:06:59Nancy Neiman, "Markets, Community and Just Infrastructures" (Routledge, 2020)
Nov 01, 2025A series of market-related crises over the past two decades – financial, environmental, health, education, poverty – reinvigorated the debate about markets and social justice. Since then, counter-hegemonic movements all over the globe are attempting to redefine markets and the meaning of economic enterprise in people’s daily lives. Assessments of market outcomes tend toward the polemical, with capitalists and socialists, globalization advocates and anti-globalization movements, those on the political right and those on the left, all facing off to argue the benefits or harms brought about by markets. Yet not enough attention has been paid to analyzing the conditions under which...
Duration: 01:13:59Garrett Hardin’s Tragic Environmentalism
Oct 27, 2025An ecologist in California claimed that the iron laws of nature locked humanity into destroying our environment. This meant that we must take drastic measures to rein in unfettered capitalism and the American habit of overconsumption, lest we deplete our common resources. That argument made Garrett Hardin one of the most influential and celebrated environmentalists to ever live. Yet, he had a tragic view of the world that turned his green dream into a green nightmare.
This is the final episode of Cited Podcast’s new season, Green Dreams. Green Dreams tells stories of radical environmental thinkers and the...
Duration: 01:15:27R. Jisung Park, "Slow Burn: The Hidden Costs of a Warming World" (Princeton UP, 2025)
Oct 25, 2025R. Jisung Park is assistant professor at the University of Pennsylvania, where he holds appointments in the School of Social Policy and Practice and the Wharton School of Business.
It’s hard not to feel anxious about the problem of climate change, especially if we think of it as an impending planetary catastrophe. In Slow Burn: The Hidden Costs of a Warming World (Princeton UP, 2025), R. Jisung Park encourages us to view climate change through a different lens: one that focuses less on the possibility of mass climate extinction in a theoretical future, and more on the everyday implic...
Jeff Neilson, "Fortress Farming: Agrarian Transitions, Livelihoods, and Coffee Value Chains in Indonesia" (Cornell UP, 2025)
Oct 25, 2025Over the last several decades, sources of income derived away from farms have come to play a much bigger role in rural Indonesian households. How do rural people in Indonesia engage with farming and social and economic spheres beyond their villages? What do their changing forms of engagement mean for land relations, sustainability, and the future of agrarian communities?
Jeff Neilson’s Fortress Farming: Agrarian Transitions, Livelihoods, and Coffee Value Chains in Indonesia (Cornell UP, 2025) offers an explanation that centers on a defensive livelihood strategy observed among, in particular, coffee producing smallholders. This livelihood strategy, understood as “fortre...
Duration: 00:44:31Teresa M. Mares and Laura-Anne Minkoff-Zern, "Will Work for Food: Labor Across the Food Chain" (U California Press, 2025)
Oct 22, 2025Food consumers are demanding a healthier and more sustainable food system. Yet labor is rarely part of the discussion. In Will Work for Food: Labor Across the Food Chain (U California Press, 2025), Laura-Anne Minkoff-Zern and Teresa Mares chronicle labor across the food chain, connecting the entire food system--from fields to stores, restaurants, home kitchens, and even garbage dumps. Using a political economy framework, the authors argue that improving labor standards and building solidarity among frontline workers across sectors is necessary for creating a more just food system. What would it take, they ask, to move toward a food system th...
Duration: 00:33:34Deborah Gordon, "No Standard Oil: Managing Abundant Petroleum in a Warming World" (Oxford UP, 2021)
Oct 20, 2025In No Standard Oil: Managing Abundant Petroleum in a Warming World (Oxford University Press, 2021), Deborah Gordon shows that no two oils or gases are environmentally alike. Each has a distinct, quantifiable climate impact. While all oils and gases pollute, some are much worse for the climate than others. In clear, accessible language, Gordon explains the results of the Oil Climate Index Plus Gas (OCI+), an innovative, open-source model that estimates global oil and gas emissions. Gordon identifies the oils and gases from every region of the globe–– along with the specific production, processing, and refining activities–– that are the most harmf...
Duration: 00:46:28Christopher F. Jones, "The Invention of Infinite Growth: How Economists Forgot About the Natural World" (Simon and Schuster, 2025)
Oct 17, 2025Most economists believe that growth is the surest path to better lives. This has proven to be one of humanity’s most powerful and dangerous ideas. It shapes policy across the globe, but it fatally undermines the natural ecosystems necessary to sustain human life. How did we get here and what might be next?
In The Invention of Infinite Growth: How Economists Forgot About the Natural World (Simon and Schuster, 2025), environmental historian Christopher F. Jones takes us through two hundred and fifty years of economic thinking to examine the ideal of growth, its powerful influence, and the crippling burd...
Lily Hsueh, "Corporations at Climate Crossroads: Multilevel Governance, Public Policy, and Global Climate Action" (MIT Press, 2025)
Oct 17, 2025Dr. Lily Hseuh is trained as an economist and public policy scholar, and is an associate professor in Economics and Public Policy in the School of Public Affairs, at Arizona State University.
Her research bridges the fields of economics, public policy, and management to investigate how the environment and the global commons are managed and the ways in which behaviors of firms and organizations are shaped by multiple forces from markets to government policies.
During her tenure at ASU, she has been a two-time recipient of the Distinguished Teaching Award, as well as receiving the Pro...
Duration: 00:36:42Joe Wiggins, "The Intelligent Fund Investor: Practical Steps for Better Results in Active and Passive Funds" (Harriman House, 2022)
Oct 16, 2025Investing in funds is not straightforward. We are faced with a countless range of options and constantly distracted by meaningless noise and turbulent markets. To make matters worse, our flawed beliefs and behavioural biases lead to repeated and costly mistakes, such as a damaging obsession with past performance and a dangerous attraction to thematic funds.
There is a solution―a more intelligent way to invest in funds.
In The Intelligent Fund Investor: Practical Steps for Better Results in Active and Passive Funds (Harriman House, 2022), experienced portfolio manager and behavioural finance expert Joe Wiggins brings simplicity and...
Duration: 01:06:18Allen B. Downey, "Probably Overthinking It: How to Use Data to Answer Questions, Avoid Statistical Traps, and Make Better Decisions" (U Chicago Press, 2023)
Oct 10, 2025Statistics are everywhere: in news reports, at the doctor's office, and in every sort of forecast, from the stock market to the weather. Blogger, teacher, and computer scientist Allen B. Downey knows well that people have an innate ability both to understand statistics and to be fooled by them. As he makes clear in this accessible introduction to statistical thinking, the stakes are big. Simple misunderstandings have led to incorrect medical prognoses, underestimated the likelihood of large earthquakes, hindered social justice efforts, and resulted in dubious policy decisions. There are right and wrong ways to look at numbers, and...
Duration: 01:02:40Michael Glass, "Cracked Foundations: Debt and Inequality in Suburban America" (U Pennsylvania Press, 2025)
Oct 07, 2025How debt and speculation financed the suburban American dream and led to today’s inequalities
In the popular imagination, the suburbs are synonymous with the “American Dream” of upward mobility and economic security. After World War II, white families rushed into newly built suburbs, where they accumulated wealth through homeownership and enjoyed access to superior public schools. In this revelatory new account of postwar suburbanization, historian Michael R. Glass exposes the myth of uniform suburban prosperity. Focusing on the archetypal suburbs of Long Island, Cracked Foundations: Debt and Inequality in Suburban America (U Pennsylvania Press, 2025) uncovers a hidden la...
Duration: 01:02:29Richard Duncan, "The Money Revolution: How to Finance the Next American Century" (John Wiley & Sons, 2022)
Oct 06, 2025In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country’s geopolitical preeminence, greatly enhance human wellbeing, and create unimaginable wealth. This book also features a history of the Federal Reserve.
Richard Duncan has served as Glo...
Duration: 00:55:06Angela Jones and Barbara G. Brents, "Sex Work Today: Erotic Labor in the Twenty-First Century" (NYU Press, 2024)
Oct 05, 2025A cutting-edge volume on current trends in sex work, from sugar relationships and cyber brothels to financial domination, sex worker activism, and feminist porn
Sex is for sale in more ways than ever. It can be bought and sold online, in sex clubs, on the street, and around the world. As with many industries, discrimination, exploitation, and inequality persist in sex work. Yet it also offers autonomy, job satisfaction, and even pleasurable experiences for those involved. Sex Work Today: Erotic Labor in the Twenty-First Century by Dr. Bernadette Barton, Dr. Barbara G. Brents, and Dr. Angela N. Jones...
Duration: 00:37:29John L. Campbell, "Pay Up!: Conservative Myths about Tax Cuts for the Rich" (Cambridge UP, 2025)
Sep 26, 2025Since the Reagan era, conservatives in the United States have championed cutting taxes, especially for wealthy individuals and corporations, as the best way to achieve economic prosperity. In his new book, Pay Up!: Conservative Myths about Tax Cuts for the Rich (Cambridge UP, 2025) John L. Campbell shows that while these claims are highly influential, they are also wrong. Using historical and cross-national evidence, the book challenges and refutes every justification conservatives have made for tax cuts - that American taxes are too high; they hurt the economy; they facilitate government waste; they constitute an unfair downward redistribution of income; and...
Duration: 00:34:35J. Doyne Farmer, "Making Sense of Chaos" (Yale UP, 2024)
Sep 25, 2025We live in an age of increasing complexity--an era of accelerating technology and global interconnection that holds more promise, and more peril, than any other time in human history. The fossil fuels that have powered global wealth creation now threaten to destroy the world they helped build. Automation and digitization promise prosperity for some, unemployment for others. Financial crises fuel growing inequality, polarization, and the retreat of democracy. At heart, all these problems are rooted in the economy, yet the guidance provided by economic models has often failed.
Many books have been written about J. Doyne Farmer...
Duration: 00:59:09Edward Fishman, "Chokepoints: American Power in the Age of Economic Warfare" (Portfolio, 2025)
Sep 23, 2025“The acme of skill,” Sun Tzu wrote in The Art of War, is not “to win one hundred victories in one hundred battles,” but “to subdue the enemy without fighting.” The author of Chokepoints: American Power in the Age of Economic Warfare (Portfolio, 2025) has devoted much of his career to exploring how economic power can advance this goal. He served on the teams at the U.S. State Department that designed and negotiated Western sanctions against Russia after its 2014 annexation of Crimea, and whose economic pressure campaign against Iran led to a landmark nuclear deal in 2015. Economic warfare is how America fig...
Duration: 01:00:18Xiang Biao and Wu Qi, "Self as Method: Thinking Through China and the World" (Palgrave Macmillan, 2022)
Sep 22, 2025Today I had the pleasure of talking to Professor Xiang Biao on his new book, Self as Method: Thinking Through China and the World, which was originally written and published in Chinese. The English translation has just come out with Palgrave Macmillan.
Self as Method provides a manifesto of intellectual activism that counsels China’s young people to think by themselves and for themselves. Consisting of three conversations between Xiang Biao, a social anthropologist, and Wu Qi, a rising journalist, the book probes how China has reached its current stage and how young people can make changes.
T...
Duration: 01:39:40Susan Erikson, "Investable! When Pandemic Risk Meets Speculative Finance" (MIT Press, 2025)
Sep 20, 2025Investable! When Pandemic Risk Meets Speculative Finance (MIT Press, 2025) by Dr. Susan Erikson presents a critical and sobering look at how international bankers and investors turn pandemics into investment opportunities, and what we stand to lose when we rely on “innovative finance.”
In a world increasingly defined by crisis, bankers and investors behind the scenes turn catastrophes like pandemics into financial securities that can be bought and sold. Offering new insights into how the excesses of capitalism shape pandemic preparedness, Investable! is an ethnography of World Bank bonds designed to solve a big-ticket global health problem by getti...
Duration: 00:35:03Our Common Future: The Birth of Liberal Environmentalism
Sep 19, 2025This is the second episode of Cited Podcast’s new season, Green Dreams. Green Dreams tells stories of radical environmental thinkers and their dreams for our green future. Should we make those dreams reality, or are they actually nightmares? For the rest of the episodes, visit the series page, and subscribe today (Apple, Spotify, RSS).
An Albertan oil man and a socialist policy wonk from Saskatchewan banded together to think up “eco-development,” a precursor to today’s sustainable development. This unlikely duo forged a global consensus at the United Nations, effectively codifying the reigning orthodoxy of liberal environmental go...
Duration: 01:08:16Janick Marina Schaufelbuehl, "Crusading for Globalization: US Multinationals and Their Opponents Since 1945" (U Pennsylvania Press, 2025)
Sep 11, 2025Crusading for Globalization: US Multinationals and Their Opponents Since 1945 (University of Pennsylvania Press, 2025) tells the story of an extraordinarily influential group of business executives at the helms of the largest US multinational corporations and their quest to drive globalization forward over the last eight decades. Janick Marina Schaufelbuehl argues that the spectacular expansion of international investment, trade, and production after 1945 cannot be understood without considering the role played by these corporate globalizers and the organization they created, the US Council (today’s United States Council for International Business). By shaping governmental policy through their congressional lobbying and close connections to su...
Duration: 01:06:57Andrea Louise Campbell, "Taxation and Resentment: Race, Party, and Class in American Tax Attitudes" (Princeton UP, 2025)
Sep 10, 2025Why Americans favor progressive taxation in principle but not in practice
Most Americans support progressive taxation in principle, and want the rich to pay more. But the specific tax policies that most favor are more regressive than progressive. What is behind such a disconnect? In Taxation and Resentment: Race, Party, and Class in American Tax Attitudes (Princeton UP, 2025), Andrea Louise Campbell examines public opinion on taxation, exploring why what Americans favor in principle differs from what they accept in practice. Campbell shows that since the federal income tax began a century ago, the rich have fought for lowe...
Duration: 00:57:32David J. Lynch, "The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right)" (PublicAffairs, 2025)
Sep 05, 2025The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and to build prosperity for all Americans.
Lynch brings a deep und...
Duration: 00:58:59Cordelia Fine, "Patriarchy Inc.: What We Get Wrong About Gender Equality – and Why Men Still Win at Work" (W.W. Norton, 2025)
Sep 01, 2025Inequality in the workplace impacts all areas of our lives, from health and self-development to economic security and family life. But, despite the world's richest countries' long-avowed commitments to gender equality, there is still so much to fix - and so much we don't see.
With perceptive and razor-sharp insight, in Patriarchy Inc.: What We Get Wrong About Gender Equality – and Why Men Still Win at Work (W.W. Norton, 2025) award-winning author Cordelia Fine reveals how the status quo - Patriarchy Inc. - is harming us all, in our working lives and beyond. Drawing on social and cultural histo...
Joshua Specht, "Red Meat Republic: A Hoof-to-Table History of How Beef Changed America" (Princeton UP, 2019)
Aug 31, 2025Why do Americans eat so much beef? In Red Meat Republic: A Hoof-to-Table History of How Beef Changed America (Princeton University Press, 2019), the historian Joshua Specht provides a history that shows how our diets and consumer choices remain rooted in nineteenth century enterprises. A century and half ago, he writes, the colonialism and appropriation of indigenous lands enabled the expansion of western ranch outfits. These corporate ranchers controlled loose commodity chains, until powerful corporate meat packers in Chicago seized the economic order through the tools of modern capitalism (scientific management, standardization, labor suppression). These capitalists expanded the supply chains...
Duration: 00:30:37Dan Davies, "The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind" (U of Chicago Press, 2025)
Aug 30, 2025For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability.
Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't...
Duration: 00:52:51Yong-Shik Lee, "Law and Development: Theory and Practice, 2nd edition" (Routledge, 2021)
Aug 30, 2025Law and Development: Theory and Practice, 2nd edition (Routledge, 2021) examines the theory and practice of law and development. It introduces the General Theory of Law and Development, an innovative approach which explains the mechanisms by which law impacts development. This book analyzes the process of economic development in South Korea, South Africa, and the United States from legal and institutional perspectives. The book also explains why the concept of "development" is not only relevant to developing countries but to developed economies as well.
The new edition includes five new chapters addressing the relationships between law and economic de...
Duration: 01:15:53Thane Gustafson, "Perfect Storm: Russia's Failed Economic Opening, the Hurricane of War and Sanctions, and the Uncertain Future" (Oxford UP, 2025)
Aug 29, 2025Russia's invasion of Ukraine in 2022 brought a tragic close to a thirty-year period of history that began with the collapse of the Soviet Union and the reopening of Russia to the West after six decades of Soviet isolation. The opening lasted for three tumultuous decades and ended with a new closing, driven by the Ukrainian war, the imposition of Western sanctions, and the Russian responses to them.
In Perfect Storm: Russia's Failed Economic Opening, the Hurricane of War and Sanctions, and the Uncertain Future (Oxford University Press, 2025), Russia analyst Thane Gustafson reinterprets the story of Russia's failed ope...
Duration: 01:02:18Peter Conti-Brown and Sean H. Vanatta, "Private Finance, Public Power: A History of Bank Supervision in America" (Princeton UP, 2025)
Aug 29, 2025What does it mean to supervise a bank? And why does it matter who holds that power? In this episode, Sean H. Vanatta joins us to explore the hidden machinery behind American finance, as told in his new book Private Finance, Public Power: A History of Bank Supervision in America (Princeton UP, 2025), co-authored with Peter Conti-Brown.
Spanning nearly 150 years, the book traces the evolution of bank supervision from a patchwork of state-level oversight to a complex, layered system involving federal agencies, private actors, and political discretion. Sean takes us from the wildcat banks of the 1830s to the...
Duration: 00:53:22Ian Scoones, "Navigating Uncertainty: Radical Rethinking for a Turbulent World" (Polity, 2024)
Aug 27, 2025Uncertainties are everywhere. Whether it’s climate change, financial volatility, pandemic outbreaks or new technologies, we don’t know what the future will hold. For many contemporary challenges, navigating uncertainty – where we cannot predict what may happen – is essential and, as the book explores, this is much more than just managing risk. But how is this done, and what can we learn from different contexts about responding to and living with uncertainty? Indeed, what might it mean to live from uncertainty?
Drawing on experiences from across the world, the chapters in Navigating Uncertainty: Radical Rethinking for a Turbulent W...
Duration: 01:04:00Victoria Basualdo et al., "Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression" (Palgrave Macmillan, 2020)
Aug 27, 2025On this episode of the Economic and Business History channel, I spoke with Dr. Victoria Basualdo and Dr. Marcelo Bucheli about their new edited book. Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression (Palgrave Macmillan, 2020) is an edited volume that studies the relationship between big business and the Latin American dictatorial regimes during the Cold War. The first section provides a general background about the contemporary history of business corporations and dictatorships in the twentieth century at the international level. The second section comprises chapters that analyze five national cases (Argentina, Brazil, Chile, Uru...
Duration: 00:50:40Jack Buffington, "Environmental Innovation: An Action Plan for Saving the Economy and the Planet by 2050" (Rowman & Littlefield, 2024)
Aug 24, 2025Environmental sustainability policy has failed due to focusing on symptoms rather than the root cause problems. Through significant research and a detailed roadmap for how to achieve sustainability by 2050, Buffington provides a realistic, game changing path forward that is both good for the environment and the economy.
Dr. Jack Buffington received a Ph.D. in Supply Chain Management from the Lulea University of Technology in Sweden, and a Post-Doctorate at the Royal Institute of Technology in Stockholm, and now he is currently the Program Director/Professor for the Supply Chain Management program and the Denver Transportation Institute at...
Duration: 00:43:43Angela C. Tozer, "The Debt of a Nation: Land and the Financing of the Canadian Settler State, 1820-73" (U of British Columbia Press, 2025)
Aug 22, 2025You’ve got to speculate to accumulate. We apply that notion to individuals in pursuit of wealth, but what about countries? The Debt of a Nation: Land and the Financing of the Canadian Settler State, 1820–73 (U of British Columbia Press, 2025) is the first comprehensive history of Canada’s nineteenth-century public debt. Beginning in the 1820s, loans gave British North American settler governments access to unprecedented amounts of capital at low interest rates. The credit for such loans derived from colonial appropriation of Indigenous territories, and this process essentially created a market value for stolen land.
Dr. Angela Tozer exp...
Duration: 01:07:31Ben A. Vagle and Stephen G. Brooks, "Command of Commerce: America's Enduring Economic Power Advantage over China" (Oxford UP, 2025)
Aug 21, 2025Command of Commerce: America's Enduring Economic Power Advantage over China (Oxford UP, 2025) provides a systematic reevaluation of the balance of economic power between the U.S. and China. The conventional wisdom is that China's economic power is very close to America's and that Washington cannot undertake a broad economic cutoff of China without hurting itself as much or more. This book demonstrates the conventional wisdom is wrong on both fronts. In peacetime, America's lead in economic power over China is more dramatic than commonly appreciated because the vast majority of the firms that drive global commerce, particularly in high-technology se...
Duration: 00:49:10Noah Giansiracusa, "Robin Hood Math: Take Control of the Algorithms That Run Your Life" (Penguin, 2025)
Aug 20, 2025Everything we do today is recorded as data that’s sold to the highest bidder. Plugging our personal data into impersonal algorithms has made government agencies more efficient and tech companies more profitable. But all this comes at a price. It’s easy to feel like an insignificant number in a world of number crunchers who care more about their bottom line than your humanity. It’s time to flip the equation, turning math into an empowering tool for the rest of us.
In Robin Hood Math: Take Control of the Algorithms That Run Your Life (Penguin, 2025), award-winn...
Duration: 01:02:25Bench Ansfield, "Born in Flames: The Business of Arson and the Remaking of the American City" (Norton, 2025)
Aug 20, 2025“Ladies and gentlemen, the Bronx is burning!” That legendary and apocryphal phrase, allegedly uttered by announcers during the 1977 World Series as flames rose above Yankee Stadium, seemed to encapsulate an entire era in this nation’s urban history. Across that decade, a wave of arson coursed through American cities, destroying entire neighborhoods home to poor communities of color. Yet as historian Bench Ansfield demonstrates in Born in Flames: The Business of Arson and the Remaking of the American City (Norton, 2025), the vast majority of the fires were not set by residents, as is commonly assumed, but by landlords looking to colle...
Duration: 00:48:18Steve L. Monroe, "Mirages of Reform: The Politics of Elite Protectionism in the Arab World" (Cornell UP, 2025)
Aug 19, 2025In Mirages of Reform: The Politics of Elite Protectionism in the Arab World (Cornell UP, 2025), Steve L. Monroe argues that geopolitics and social connections between state and capital underpin the Arab world's uneven trade policies. Despite decades of international pressure, neoliberal trade policy reform in the Arab world has been varied, selective, and often ineffective. Neoliberal trade policies have not deepened international trade in many of the region's markets. This book explains why.
When the region's regimes have strong support from global powers and strong social connections to the industrial elite, they engage in extensive but deceptive trade...
Duration: 00:24:00Alyssa Battistoni, "Free Gifts: Capitalism and the Politics of Nature" (Princeton UP, 2025)
Aug 18, 2025Capitalism is typically treated as a force for relentless commodification. Yet it consistently fails to place value on vital aspects of the nonhuman world, whether carbon emissions or entire ecosystems. In Free Gifts, Alyssa Battistoni explores capitalism’s persistent failure to value nature, arguing that the key question is not the moral issue of why some kinds of nature shouldn’t be commodified, but the economic puzzle of why they haven’t been. To understand contemporary ecological problems from biodiversity collapse to climate change, she contends, we have to understand how some things come to have value under capitalism—and how other...
Duration: 01:31:59Edward Berenson, "Perfect Communities: Levitt, Levittown, and the Dream of White Suburbia" (Yale UP, 2025)
Aug 13, 2025The rise and fall of William J. Levitt, the man who made the suburban house a mass commodity.
Two material artifacts defined the middle-class American lifestyle in the mid-twentieth century: the automobile, which brought gas stations, highways, commercial strips, and sprawl; and the single-family suburban home, the repository of many families’ long-term wealth. While the man who did the most to make the automobile a mass commodity—Henry Ford—is well known, few know the story of the man who did the same for the suburban house.
Edward Berenson describes the remarkable career of William Levitt...
Duration: 01:03:08Every Purchase Matters: How Fair Trade Farmers, Companies, and Consumers are Changing the World
Aug 12, 2025We all have the power to change the world through the products we buy. This simple premise has driven the growth of the conscious consumer movement for decades. Indeed, what started with a handful of niche sustainability brands has exploded into the mainstream with labels like Organic, Non-GMO, and Fair Trade Certified now adorning products in major retailers across the country. Yet the true promise of ethical sourcing and conscious consumerism has not been fully realized. Paul Rice has dedicated his career to helping consumers and businesses embrace the power they have to protect the environment and improve the...
Duration: 00:57:38Vijay Selvam, "Principles of Bitcoin: Technology, Economics, Politics, and Philosophy" (Columbia UP, 2025)
Aug 11, 2025Principles of Bitcoin presents a holistic, first-principles-based framework for understanding one of the most misunderstood inventions of our time. By stripping away the hype, jargon, and superficial analysis that often surrounds the crypto industry, this book uncovers the true ingenuity behind Satoshi Nakamoto’s creation—and its profound implications for the future of money, governance, and individual freedom.
Vijay Selvam analyzes the technology, economics, politics, and philosophy of Bitcoin, making the case that only through this holistic understanding can we gain an appreciation of its true meaning and significance. Readers are invited to consider Bitcoin as a tool...
Duration: 00:58:41Stuck at Home: Pandemic Immobilities in the Nation of Emigration
Aug 08, 2025In this episode, we are joined by Dr Yasmin Ortiga, Associate Professor of Sociology at Singapore Management University, to speak to us about her latest book, Stuck at Home: Pandemic Immobilities in the Nation of Emigration, published by Stanford University Press. Yasmin is mainly interested in how changing ideas about desirable “skill” shape where and why people migrate. This question has led her to study different groups of migrants - from international students to farm workers. She is best known for her research on migrant nurses, one of the most highly regulated professions in the world. She is the autho...
Duration: 00:25:39Professional Chat: Home, Migrant Workers, and Decent Work in Supply Chains, with Bonny Ling
Aug 06, 2025Better Innovations, to talk about Taiwan as a home for migrant workers, and decent work in supply chains. After a brief overview of key risks in this area, we touched upon Taiwan’s major legislation to date in a global context, and addressed the importance of economic diplomacy for Taiwan – being seen as a responsible global actor in business and human rights. Drawing on our guest’s experience as a practitioner, we then explored how Taiwanese suppliers see their role as leaders in improving labour standards. Countering stereotypical associations between businesses and human rights abuses, we investigated the possibilities, limita...
Duration: 00:46:29Paul Vigna, "The Almightier: How Money Became God, Greed Became Virtue, and Debt Became Sin" (St. Martin's Press, 2025)
Aug 02, 2025The pursuit of wealth is considered an essential function of human nature, and greed is an unspoken civic virtue. Many of us revere billionaires and Wall Street rain-makers, then complain about “the system” being rigged, and wonder why the country doesn’t seem to work for the little guy anymore. Some blame the Deep State for income inequality and corruption, and others blame capitalism, but the truth is that these issues have much deeper roots: our devotion to money is a manmade invention that has transformed over thousands of years to replace religion as the foundation of our society, and it...
Duration: 01:02:24Christopher Marquis and Kunyuan Qiao, "Mao and Markets: The Communist Roots of Chinese Enterprise" (Yale UP, 2022)
Jul 26, 2025Mao and Markets: The Communist Roots of Chinese Enterprise (Yale University Press, 2022) by Dr. Christopher Marquis & Dr. Kunyuan Qiao presents a thoroughly researched assessment of how China’s economic success continues to be shaped by the communist ideology of Chairman Mao
It was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside, that free markets would inevitably lead to a more liberal society. Instead, China’s growth over the past four decades has positioned state capitalism as a durable foil to the orthodoxy of free markets, to the c...
Duration: 00:49:21Mark R. Rank, "Poorly Understood: What America Gets Wrong about Poverty" (Oxford UP, 2021)
Jul 26, 2025Few topics have as many myths, stereotypes, and misperceptions surrounding them as that of poverty in America. The poor have been badly misunderstood since the beginnings of the country, with the rhetoric only ratcheting up in recent times. Our current era of fake news, alternative facts, and media partisanship has led to a breeding ground for all types of myths and misinformation to gain traction and legitimacy.
Poorly Understood: What America Gets Wrong about Poverty (Oxford UP, 2021) is the first book to systematically address and confront many of the most widespread myths pertaining to poverty. Mark Robert R...
Duration: 00:41:03David Engerman, "Apostles of Development: Six Economists and the World They Made" (Oxford UP and Penguin RandomHouse South Asia, 2025)
Jul 17, 2025Apostles of Development: Six Economists and the World They Made (Oxford University Press and Penguin RandomHouse South Asia, 2025) by Dr. David Engerman recounts the work of six individuals, all former classmates at Cambridge University, who helped make international development--the effort to reduce poverty and inequality around the world--into a juggernaut of the second half of the twentieth century. International development employed millions, affected billions, and spent trillions; it held the hopes of the former colonies to create an economic independence to match their newfound political one, and the plans of wealthy counties to build an enduring economic order.
T...
Elizabeth Popp Berman, "Thinking like an Economist: How Efficiency Replaced Equality in U.S. Public Policy" (Princeton UP, 2022)
Jul 14, 2025For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today.
Introduced by liberal technocrats who hoped to improve government, this way of thinking was groun...
Aditi Sahasrabuddhe, "Bankers' Trust: How Social Relations Avert Global Financial Collapse" (Cornell UP, 2025)
Jul 14, 2025Central bank cooperation during global financial crises has been anything but consistent. While some crises are arrested with extensive cooperation, others are left to spiral. Going beyond explanations based on state power, interests, or resources, in Bankers' Trust: How Social Relations Avert Global Financial Collapse (Cornell University Press, 2025) Dr. Aditi Sahasrabuddhe argues that central bank cooperation—or the lack thereof—often boils down to ties of trust, familiarity, and goodwill between bank leaders. These personal relations influence the likelihood of access to ad hoc, bilateral arrangements with more favorable terms.
Drawing on archival evidence and elite interviews, Sahasr...
Duration: 01:01:58Carl Rhodes, "Stinking Rich: The Four Myths of the Good Billionaire" (Policy Press, 2025)
Jul 11, 2025Billionaires are an ultra-elite social class whose numbers are growing alongside their obscene wealth while others struggle, suffer or even die.
They represent a scourge of economic inequality, but how do they get away with it? A set of dangerous and deceptive inter-connected myths portrays them as a ‘force for good’:
-the ‘heroic billionaire’ asserts they are gallant protagonists of the American Dream gone global -the ‘generous billionaire’ pretends that their philanthropic efforts and personal good deeds should be lauded for generosity and benevolence -the ‘meritorious billionaire’ insists that extreme wealth is a worthy reward for individual hard... Duration: 00:54:12Andrew Hartman, "Karl Marx in America" (U Chicago Press, 2025)
Jul 05, 2025Karl Marx in America (University of Chicago Press, 2025), by Andrew Hartman
To read Karl Marx is to contemplate a world created by capitalism. People have long viewed the United States as the quintessential anti-Marxist nation, but Marx’s ideas have inspired a wide range of people to formulate a more precise sense of the stakes of the American project. Historians have highlighted the imprint made on the United States by Enlightenment thinkers such as Adam Smith, John Locke, and Thomas Paine, but Marx is rarely considered alongside these figures. Yet his ideas are the most relevant today beca...
Duration: 00:52:12Paul Tucker, "Global Discord: Values and Power in a Fractured World Order" (Princeton UP, 2024)
Jul 03, 2025How to sustain an international system of cooperation in the midst of geopolitical struggle? Can the international economic and legal system survive today’s fractured geopolitics? Democracies are facing a drawn-out contest with authoritarian states that is entangling much of public policy with global security issues. In Global Discord: Values and Power in a Fractured World Order (Princeton University Press, 2024), Paul Tucker lays out principles for a sustainable system of international cooperation, showing how democracies can deal with China and other illiberal states without sacrificing their deepest political values. Drawing on three decades as a central banker and regulator, Tuck...
Duration: 00:49:48Paul R. Beckett, "An Anatomy of Tax Havens: Europe, the Caribbean and the United States of America" (de Gruyter, 2023)
Jun 30, 2025Tax havens in offshore lands like Switzerland, the Cayman Islands and the Bahamas were once considered a rarity, the preserve of the super-rich. Today, they are big business available to the masses. Their goal? To avoid any form of accountability. Own nothing. Possess everything. Be answerable to no one. Where are these tax havens? What forms can they take? What future lies in store for them, and why should we care?
An Anatomy of Tax Havens: Europe, the Caribbean and the United States of America (de Gruyter, 2023) answers these questions, and more, in the first comparative study in one v...
Duration: 01:04:21Mark Blyth and Nicolò Fraccaroli, "Inflation: A Guide for Users and Losers" (W. W. Norton & Co, 2025)
Jun 28, 2025Inflation is back, and its impact can be felt everywhere, from the grocery store to the mortgage market to the results of elections around the world. What's more, tariffs and trade wars threaten to accelerate inflation again. Yet the conventional wisdom about inflation is stuck in the past. Since the 1970s, there has only really been one playbook for fighting inflation: raise interest rates, thereby creating unemployment and a recession, which will lower prices. But this simple story hides a multitude of beliefs about why prices go up and how policymakers can wrestle them back down, beliefs that are...
Duration: 00:55:18Ian Kumekawa, "Empty Vessel: The Story of the Global Economy in One Barge" (Knopf, 2025)
Jun 27, 2025What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating economic parable—Ian Kumekawa has no choice but to call it, simply, the...
Duration: 00:44:57Maraam A. Dwidar, "Power to the Partners: Organizational Coalitions in Social Justice Advocacy" (University of Chicago Press, 2025)
Jun 23, 2025A vital examination of how social and economic justice organizations overcome resource disadvantages and build political power. Why do some coalitions triumph while others fall short? In Power to the Partners: Organizational Coalitions in Social Justice Advocacy, Maraam A. Dwidar documents the vital role of social and economic justice organizations in American politics and explores the process by which they strategically build partnerships to advance more effective and equitable advocacy. Using original data tracking the collaboration patterns of more than twenty thousand nationally active advocacy organizations, Dwidar evaluates the micro- and macro-level conditions surrounding these groups' successful efforts to co...
Duration: 00:30:00Judicial Territory: Law, Capital, and the Expansion of American Empire with Shaina Potts
Jun 20, 2025In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire an...
Duration: 00:47:23Emmanuel Akyeampong, "Independent Africa: The First Generation of Nation Builders" (Indiana UP, 2023)
Jun 19, 2025Independent Africa: The First Generation of Nation Builders (Indiana UP, 2023)explores Africa's political economy in the first two full decades of independence through the joint projects of nation-building, economic development, and international relations.
Drawing on the political careers of four heads of states: Kwame Nkrumah of Ghana, Ahmed Sékou Touré of Guinea, Léopold Sédar Senghor, and Julius Kambarage Nyerere of Tanzania, Independent Africa engages four major themes: what does it mean to construct an African nation-state and what should an African nation-state look like; how does one grow a tropical economy emerging from European colon...
Duration: 01:25:27John H. Cochrane, Klaus Masuch, and Luis Garicano, "Crisis Cycle: Challenges, Evolution, and Future of the Euro" (Princeton UP, 2025)
Jun 17, 2025Crisis Cycle: Challenges, Evolution, and Future of the Euro (Princeton UP, 2025)
John Cochrane
Luis Garicano
Klaus Masuch
PRINCETON UNIVERSITY PRESS, 2025
Launched 26 years ago, the euro was never expected to have an easy life but it wasn't supposed to be this hard. A three-year solvency crisis, a string of bailouts, and a rescue by the European Central Bank (ECB) was followed by threats of deflation, negative interest rates, massive purchases of government debt, a global pandemic, a European land war, and an inflation surge.
The euro area emerged from th...
Duration: 01:15:01Mary A. Armstrong and Susan L. Averett, "Disparate Measures: The Intersectional Economics of Women in STEM Work" (MIT Press, 2024)
Jun 16, 2025An exploration of workplace participation and earnings patterns for diverse women in US STEM professions that upends the myth that STEM work benefits women economically.
Seen as part economic driver, part social remedy, STEM work is commonly understood to benefit both the US economy and people—particularly women—from underrepresented groups. But what do diverse women find when they work in US STEM occupations? What do STEM jobs really deliver—and for whom? In Disparate Measures: The Intersectional Economics of Women in STEM Work (MIT Press, 2024), Mary Armstrong and Susan Averett challenge the conventional wisdom that a diverse U...
Duration: 00:46:47Quinn Slobodian and Philip J. Stern on Political Economy
Jun 05, 2025• Philip J. Stern, Empire, Incorporated. The Corporations That Built British Colonialism (Belknap Press of Harvard University Press in 2023), by.
• Quinn Slobodian, Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy (Penguin, 2023).
Adam Smith wrote that, “Political economy belongs to no nation; it is of no country: it is the science of the rules for the production, the accumulation, the distribution, and the consumption of wealth.”
However Adam Smith regarded the science of political economy, in practical terms, one is quite hard pressed to find a case where governments—be it an empire, repu...
Duration: 01:03:52Robert Chernomas, Gregory Chernomas, and Ian Hudson, "The American Gene: Unnatural Selection Along Class, Race, and Gender Lines" (Routledge, 2025)
Jun 02, 2025Biological justification for all forms of inequality has a long history, with the claim that particular groups suffer disproportionately from inherited flaws of ability and character used to explain a remarkably wide variety of inequalities. Providing an important critique of that biodeterminist history and how the Human Genome Project has inspired some contemporary scientists and economists to follow a similar path of ascribing socioeconomic outcomes to genetic inheritance, The American Gene: Unnatural Selection Along Class, Race, and Gender Lines (Routledge, 2025) details new research that suggests that the social and economic environment can affect how genes express themselves in specific hum...
Duration: 00:26:31John Horn, "Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success" (MIT Press, 2023)
Jun 01, 2025Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success (MIT Press, 2023) offers a roadmap to help leaders predict, understand, and react to their competitors’ moves. It is a valuable tool to help companies stay ahead of their competitors when the competition is intensifying. To make the right choice when a competitor is working hard to prevent it is difficult. This book demystifies the process. For organizations developing systematic tools to effectively predict competitor behavior, this book provides a powerful, fact-based approach to building insight into A must-read for anyone seeking to better understand thei...
Duration: 01:45:13Nicholas Chesterley, "Future-Generation Government: How to Legislate for the Long Term" (McGill-Queen's UP, 2025)
May 31, 2025Our impact on future generations has never been greater, and the challenges we face are increasingly long-term. Future-Generation Government proposes ways that we can reward our governments for making durable policy decisions that anticipate future crises.
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Duration: 00:36:28Tim Minshall, "How Things Are Made: A Journey Through the Hidden World of Manufacturing" (Ecco, 2025)
May 25, 2025This book from Cambridge University Professor Tim Minshall provides an enlightening view of how the world of manufacturing world has an immense influence on our lives. We all reside in a world of multiple manufactured products, which include our clothing, food, furniture, electronics, automobiles, and so many other products upon which we rely, including commercial aviation, pharmeceuticals, baked good, and medical devices.
Nonetheless, the processes by which these items are made and enter our lives are nearly unknown to us. How often do we think about from where these items come, how they are made, and how...
Duration: 01:05:27Empire of Gain: Inside Trump’s Billion-Dollar Crypto Hustle
May 23, 2025Hosts Nina dos Santos and Owen Bennett-Jones are joined by crypto journalist Matt Binder and longtime observer of U.S. politics and policy Edward Luce to explore the staggering wealth being generated by the Trump family’s crypto empire.
We also hear from Sergei Sergienko, a crypto entrepreneur who has made and lost hundreds of millions in the crypto markets. Sergei has also faced down gangsters who tried to extort his wealth—an attack that mirrors a recent spate of kidnappings and abductions of crypto players in Paris.
Join us for a modern tale of glob...
Duration: 00:53:50Charles Hecker, "Zero Sum: The Arc of International Business in Russia" (Oxford UP, 2025)
May 21, 2025Today I interviewed Charles Hecker about Zero Sum. The Arc of International Business in Russia (Oxford UP, 2025).
Hecker, a journalist and business consultant, speaks with dozens of Western business executives, bankers, and financiers who reaped immense profits for themselves and their companies in the Russian market, which suddenly opened to foreigners after decades of state planning and economic autarky.
These “riskophile” Westerners recall the early post-Soviet Russia as an unchartered territory where business “had a body count” and “violence was cheap, routine and almost casual”.
In the 2000s Russia, now stabilized by Putin, offered unparall...
Duration: 01:03:56Andrew Ofstehage, "Welcome to Soylandia: Transnational Farmers in the Brazilian Cerrado" (Cornell UP, 2025)
May 19, 2025Following a group of US Midwest farmers who purchased tracts of land in the tropical savanna of eastern Brazil, Welcome to Soylandia: Transnational Farmers in the Brazilian Cerrado (Cornell University Press, 2025) by Dr. Andrew Ofstehage investigates industrial farming in the modern developing world. Seeking adventure and profit, the transplanted farmers created what Dr. Ofstehage calls "flexible farms" that have severed connections with the basic units of agriculture: land, plants, and labor. But while the transnational farmers have destroyed these relationships, they cannot simply do as they please. Regardless of their nationality, race, and capital, they must contend with pests, wor...
Duration: 00:46:19Nicholas Borst, "The Bird and the Cage: China’s Economic Contradictions" (Palgrave MacMillan, 2025)
May 17, 2025The Chinese Communist Party’s complex and contradictory embrace of capitalism has played a pivotal role in shaping China’s economic reforms since the late 1970s. The Bird and the Cage: China's Economic Contradictions (Palgrave MacMillan, 2025) explores the persistent tensions between state control and market forces in China. It shows how these tensions provide a framework to understand Xi Jinping’s recent efforts to tighten control over the Chinese economy. It also evaluates the broader implications of these policies for China’s economic trajectory and its global trade relationships.
Nicholas Borst is vice president and director of China resea...
Duration: 00:57:26Lucia Soriano, "Embodying Normalcy: Women's Work in Neoliberal Times" (Lexington Books, 2024)
May 15, 2025Embodying Normalcy: Women’s Work in Neoliberal Times (Lexington Books, 2024) calls attention to how women in the United States do a type of unpaid work to embody the latest trends for the purpose of achieving success in neoliberal culture. Using TLC reality shows, lifestyle and beauty influencers, Brazilian butt lift TikToks, and celebrities like Kim Kardashian as her archive, Lucia Soriano delivers four case studies that draw on gender studies, media studies, disability studies, and American studies to illustrate how the prerequisite for women to succeed in neoliberal culture calls for them to treat their bodies as projects that mus...
Duration: 00:55:21Júlia Király, "Hungary and Other Emerging EU Countries in the Financial Storm: From Minor Troubles to Global Hurricane" (Springer, 2020)
May 14, 2025Donald Trump is putting liberal democracy through its greatest test in 80 years.
None of it is original. His style of rule is straight from the democratic backsliders' playbook. To secure long-term power rather than short-term office, rulers must take over the institutions that check and balance majority rule and bend them to their will. Trump has tamed Congress and inserted his people into the Supreme Court, law enforcement, intelligence, and competition regulation but - to his great frustration - the Federal Reserve is holding out.
It was the same story in Hungary after Viktor Orbán r...
Duration: 00:46:31Patrick Condon, "Broken City: Land Speculation, Inequality, and Urban Crisis" (U British Columbia Press, 2024)
May 12, 2025How can urban housing, and the land underneath, now account for half of all global wealth? According to Patrick Condon, the simple answer is that land has become an asset rather than a utility. If the rich only indulged themselves with gold, jewels, and art, we wouldn’t have a global housing crisis. But once global capital markets realized land was a good speculative investment, runaway housing costs ensued. In just one city, Vancouver, land prices increased by 600 percent between 2008 and 2016. How much wealth have investors extracted from urban land? In Broken City: Land Speculation, Inequality, and Urban Crisis (U Br...
Duration: 00:26:46Maron E. Greenleaf, "Forest Lost: Producing Green Capitalism in the Brazilian Amazon" (Duke UP, 2024)
May 11, 2025Forest Lost: Producing Green Capitalism in the Brazilian Amazon (2024) is an ethnography of forest carbon offsets and the wider effort to make the living rainforest valuable in the Brazilian Amazon. Situated in the state of Acre, which continuously had to grapple with a complex positionality between frontier and periphery, Maron E. Greenleaf explores forest carbon offset to understand green capitalism. Commodifying forest carbon offset requires keeping carbon in place through forest protection and valuation, unlike other forest commodities – for example Açaí berries, which also feature in the ethnography – that involve extraction. Initially set out to do a supply chain a...
Duration: 00:49:46Darryl Campbell, "Fatal Abstraction: Why the Managerial Class Loses Control of Software" (W. W. Norton, 2025)
May 10, 2025A tech insider explains how capitalism and software development make for such a dangerous mix.
Software was supposed to radically improve society. Outdated mechanical systems would be easily replaced; programs like PowerPoint would make information flow more freely; social media platforms like Facebook would bring people together; and generative AI would solve the world’s greatest ills. Yet in practice, few of the systems we looked to with such high hopes have lived up to their fundamental mandate. In fact, in too many cases they’ve made things worse, exposing us to immense risk at the societal and...
Duration: 01:09:28Ruth Braunstein, "My Tax Dollars: The Morality of Taxpaying in America" (Princeton UP, 2025)
May 09, 2025In My Tax Dollars: The Morality of Taxpaying in America (Princeton University Press, 2025), Ruth Braunstein maps the contested moral landscape in which Americans experience and make sense of the tax system. Braunstein tells the stories of Americans who view taxpaying as more than a mundane chore: antigovernment tax defiers who challenge the legitimacy of the tax system, antiwar activists who resist the use of their taxes to fund war, antiabortion activists against “taxpayer funded abortions,” and a diverse group of people who promote taxpaying as a moral good.
Though taxpaying is often portrayed as dull and technic...
Duration: 01:13:18Sandra Matz, "Mindmasters: The Data-Driven Science of Predicting and Changing Human Behavior" (HBRP, 2025)
May 08, 2025A fascinating exploration of how algorithms penetrate the most intimate aspects of our psychology—from the pioneering expert on psychological targeting.
There are more pieces of digital data than there are stars in the universe. This data helps us monitor our planet, decipher our genetic code, and take a deep dive into our psychology.
As algorithms become increasingly adept at accessing the human mind, they also become more and more powerful at controlling it, enticing us to buy a certain product or vote for a certain political candidate. Some of us say this technological trend is...
Duration: 00:41:31Liz Pelly, "Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist" (Atria, 2025)
May 07, 2025Liz Pelly has been closely following the evolution of Spotify and other music streaming services and the effect they have had on the music sector and musicians themselves for several years. Her book, Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist (Atria, 2025), paints a depressing picture of how the company has exploited the popularity of playlists to grab a larger share of the money we spend on recorded music. Along with the record companies, Spotify has done this at the expense of musicians themselves and especially those is less popular areas like jazz and cla...
Duration: 01:29:18Laleh Khalili, "Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy" (Profile Books, 2025)
May 05, 2025Whether it's pumping oil, mining resources or shipping commodities across oceans, the global economy runs on extraction. Promises of frictionless trade and lucrative speculation are the hallmarks of our era, but the backbone of globalisation is still low-cost labour and rapacious corporate control. Extractive capitalism is what made - and is still making - our unequal world.
In Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy (Verso, 2025) Professor Laleh Khalili reflects on the hidden stories behind late capitalism, from seafarers abandoned on debt-ridden container ships to the nefarious reach of consultancy firms and the cronyism th...
Duration: 01:15:06Jessica Smith on Engineering and Public Accountability in Energy Industries
May 05, 2025Peoples & Things host, Lee Vinsel, talks to Jessica Smith, Professor in the Engineering, Design, and Society Department and Dean’s Fellow for Earth and Society Programs of the Colorado School of Mines, about her work on engineering and public accountability in energy and mining industries. The pair discuss Smith’s long-held interests in mining and extractive industries, including her roots in coal country; her book, Extracting Accountability: Engineers and Corporate Social Responsibility (MIT Press, 2021); her current work on the social and community dimensions of carbon sequestration projects; and many asides about what it takes to study the social dimensions of eng...
Duration: 01:09:56