New Books in Economic and Business History

Originating in the Nineteenth Century, the European idea of development was shaped around the premise that the West possessed progressive characteristics that the East lacked. As a result of this perspective, many alternative development discourses originating in the East were often overlooked and forgotten. Indian Economics is but one example. By recovering thought from the margins, Relocating Development Economics: The First Generation of Modern Indian Economists (Cambridge UP, 2024) exposes useful new ways of viewing development. It looks at how an Indian tradition in economic thought emerged from a group of Indian economists in the late Nineteenth Century who questioned dominant European economic ideas on development and agricultural economics. This book shows how the first generation of modern Indian economists pushed at the boundaries of existing theories to produce reformulations that better fit their subcontinent and opens up discursive space to find new ways of thinking about regress, progress, and development. Soumyadeep Guha is a fourth-year PhD student in the History Department at Binghamton University, New York. He is interested in historical research focusing on themes such as Agrarian/Environmental History, History of Science and Tech, Global History, and their intersections. His prospective dissertation questions are on the pre-history of the ‘Green Revolution’ in Eastern India. Learn more about your ad choices. Visit megaphone.fm/adchoices

In my interview with Jimmy Wales, father of Wikipedia, we celebrate his new book, The Seven Rules of Trust: A Blueprint for Building Things That Last (Crown Currency Publishing, 2025). We talk about how the book came about, how Wikipedia took flight, and how the challenges of maintaining trust and preserving neutrality shape the key to Wikipedia's future. Learn more about your ad choices. Visit megaphone.fm/adchoices

The dream of the modern worker’s house emerged in early twentieth-century America as wage earners gained access to new, larger, and better-equipped dwellings. Building a Social Contract: Modern Workers’ Houses in Early Twentieth-Century Detroit (Temple UP, 2023) is a cogent history of the houses those workers dreamed of and labored for. Dr. Michael McCulloch chronicles the efforts of employers, government agencies, and the building industry who, along with workers themselves, produced an unprecedented boom in housing construction that peaked in the mid-1920s. Through oral histories, letters, photographs, and period fiction, Dr. McCulloch traces wage earners’ agency in negotiating a new implicit social contract, one that rewarded hard work with upward mobility in modern houses. This promise reflected workers’ increased bargaining power but, at the same time, left them increasingly vulnerable to layoffs. Building a Social Contract focuses on Detroit, the quintessential city of the era, where migrant workers came and were Americanized, and real estate agents and the speculative housebuilding industry thrived. The Motor City epitomized the struggle of Black workers in this period, who sought better lives through industrial labor but struggled to translate their wages into housing security amid racist segregation and violence. When Depression-era unemployment created an eviction crisis, the social contract unraveled, and workers rose up—at the polls and in the streets—to create a labor movement that reshaped American capitalism for decades. Today, the lessons Dr. McCulloch provides from early twentieth-century Detroit are a necessary reminder that wages are not enough, and only working-class political power can secure affordable housing. 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

Today I talked to Meg Bernhard about her new book Wine (Bloomsbury, 2023). Agricultural product and cultural commodity, drink of ritual and drink of addiction, purveyor of pleasure, pain, and memory - wine has never been contained in a single glass. Drawing from science, religion, literature, and memoir, Wine meditates on the power structures bound up with making and drinking this ancient, intoxicating beverage.While wine drunk millennia ago was the humble beverage of the people, today the drink is inextricable with power, sophistication, and often wealth. Bottles sell for half a million dollars. Point systems tell us which wines are considered the best. Wine professionals give us the language to describe what we taste.This interview was conducted by Dr. Miranda Melcher whose doctoral work focused on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sabrina Mittermeier's edited volume Fan Phenomena: Disney (Intellect Books, 2023) analyzes the fandom of Disney brands across a variety of media including film, television, novels, stage productions, and theme parks. It showcases fan engagement such as cosplay, fan art, and on social media, as well as the company’s reaction to it. Further, the volume deals with crucial issues—race and racism, the role of queerness, the impact of the COVID-19 pandemic, and the advent of the streaming service Disney+—within the Disney fandom and in Disney texts.The authors come from a variety of disciplines including cultural and media studies, marketing and communications, cultural history, theater and performance studies, and more. In addition to interviews with fan practitioners, the essays feature both leading experts in fan and Disney studies alongside emerging voices in these fields. A vital new addition to the growing subdiscipline of fan studies, it will be popular with scholars of cultural studies, cultural history, and media studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the oldest and most recognizable studios in Hollywood, Warner Bros. is considered a juggernaut of the entertainment industry. Since its formation in the early twentieth century, the studio has been a constant presence in cinema history, responsible for the creation of acclaimed films, blockbuster brands, and iconic superstars.In The Warner Brothers (UP of Kentucky, 2023), Chris Yogerst follows the siblings from their family's humble origins in Poland, through their young adulthood in the American Midwest, to the height of fame and fortune in Hollywood. With unwavering resolve, the brothers soldiered on against the backdrop of an America reeling from the aftereffects of domestic and global conflict. The Great Depression would not sink the brothers, who churned out competitive films that engaged audiences and kept their operations afloat―and even expanding. During World War II, they used their platform to push beyond the limits of the Production Code and create important films about real-world issues, openly criticizing radicalism and the evils of the Nazi regime. At every major cultural turning point in their lifetime, the Warners held a front-row seat. These days, the studio is best known as a media conglomerate with a broad range of intellectual property, spanning movies, TV shows, and streaming content. Despite popular interest in the origins of this empire, the core of the Warner Bros. saga cannot be found in its commercial successes. It is the story of four brothers―Harry, Albert, Sam, and Jack―whose vision for Hollywood helped shape the world of entertainment as we know it.Paying close attention to the brothers' identities as cultural and economic outsiders, Yogerst chronicles how the Warners built a global filmmaking powerhouse. Equal parts family history and cinematic journey, The Warner Brothers is an empowering story of the American dream and the legacy four brothers left behind for generations of filmmakers and film lovers to come.Chris Yogerst is the author of Hollywood Hates Hitler! Jew-Baiting, Anti-Nazism, and the Senate Investigation into Warmongering in Motion Pictures and From the Headlines to Hollywood: The Birth and Boom of Warner Bros. He appeared on the New Books Network to discuss the book in 2020. His work has appeared in the Washington Post, Los Angeles Review of Books, Journal of American Culture, Historical Journal of Film, Radio, and Television, and the Hollywood Reporter. He currently serves as an associate professor of communication in the Department of Arts and Humanities at the University of Wisconsin–Milwaukee.Joel Tscherne is an Adjunct History Professor at Southern New Hampshire University and an Associate Faculty member at University of Arizona Global Campus. His Twitter handle is @JoelTscherne. Learn more about your ad choices. Visit megaphone.fm/adchoices

In 1924, the Al-A‘waj, also known as the Crooked, set sail from Kuwait on a trading journey around the Persian Gulf, through the Strait of Hormuz, to Western India and, eventually, back to the Gulf. Dhows had sailed this route for centuries—and would continue to sail it for a few more decades still. Fahad Ahmad Bishara talks about this specific 1924 journey in his book Monsoon Voyagers: An Indian Ocean History (U California Press, 2025). As the Crooked travels the waters of the Indian Ocean, Fahad covers topics like international law, the importance of debt, piracy, how information spread from port to port, and the Arab diaspora (among many other topics) Fahad is Associate Professor of History and Rouhollah Ramazani Professor of Arabian Peninsula and Gulf Studies at the University of Virginia. He is also the author of A Sea of Debt: Law and Economic Life in the Western Indian Ocean, 1780–1950. You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of Monsoon Voyagers. Follow on Twitter at @BookReviewsAsia. Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rent control and other tenant protections have profound and positive impacts on individuals’ and communities’ lives. Dr. Lauren Everett’s Fortunate People in a Fortunate Land: At Home in Santa Monica’s Rent-Controlled Housing (Temple UP, 2025) shows how rent control impacts the lives of the renters themselves. Dr. Everett interviews residents about their experiences in low- and middle-income households in rent-controlled private market housing in Santa Monica, CA, a city where Everett was born and raised but can no longer afford to live. Dr. Everett seeks to understand the extent to which individuals feel at home or not at home and what factors contribute to those experiences. She also explores the nexus of Santa Monica’s tenant protection policies, infrastructure, and resources and the extent to which they inform stability—both perceived and actual—and life decisions. The first scholarly book to take a tenant-centered approach to examining the benefits and problems of rent control, Fortunate People in a Fortunate Land examines the residential experience in this specific local context and explains how it relates to policy and other externalities in cities where homeownership is not financially viable for most renters. 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

Harry Watkins was no one special. During a career that spanned four decades, this nineteenth-century actor yearned for fame but merely skirted the edges of it. He performed alongside the brightest stars, wrote scores of plays, and toured the United States and England, but he never became a household name. Inspired by this average performer’s life and labor, An Actor's Tale: Theater, Culture, and Everyday Life in the Nineteenth-Century United States (University of Michigan Press, 2025) by Dr. Amy Hughes offers an alternative history of nineteenth-century theater, focusing on the daily rhythms and routines of theatrical life rather than the celebrated people, plays, and exceptional events that tend to dominate histories of US theater and performance. In the process, Dr. Hughes asks uncomfortable questions about the existence, predominance, and erasure of White male mediocrity in US culture, both in the past and present. When historians focus only on performers and plays with artistic “merit,” what communities, perspectives, and cultural trends remain invisible? How did men like Watkins advance themselves professionally, despite their mediocrity? Why did men like Watkins embrace and perpetuate myths like the American Dream, the “self-made man,” and meritocracy, and how have these ideals shaped casting, producing, and celebrity worship in today’s US entertainment industry? Ultimately, Dr. Hughes reveals how this actor’s tale illuminates the widespread tendency to ignore, deny, and forgive White male mediocrity in US culture, and how a deeper understanding of people like Watkins can transform our understanding of the past—and our understanding of ourselves. 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, 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 we all can learn to focus on practices - that is, what people do - rather than on ideas alone. Learn more about your ad choices. Visit megaphone.fm/adchoices