New Books in Economic and Business History

Peoples & Things host, Lee Vinsel, talks with Matt Wisnioski, Professor of Science, Technology, and Society at Virginia Tech, about his new book, Every American an Innovator: How Innovation Became a Way of Life. The pair talk about how the new book connects to Matt’s earlier book, Engineers for Change; how what Matt calls “innovation expertise” first emerged; how government played a key role in promoting the idea of innovation; how the idea of innovation was democratized from focusing on elite white men to focusing on women, people of color, children, and, well, everyone; and much more. Vinsel and Wisnioski also talk about Matt’s current book project with Michael Meindl, Associate Professor of Communication at Radford University - a history of the television show and multimedia product, The Magic School Bus. Learn more about your ad choices. Visit megaphone.fm/adchoices

What is the relationship between medicine and commerce? In Selling Sexual Knowledge: Medical Publishing and Obscenity in Victorian Britain (Cambridge University Press, 2025), Sarah Bull, an Associate Professor in the Department of English at Toronto Metropolitan University, explores the relationships between doctors, sexual reform campaigners, publishers and pornography in the Victorian era. The book charts the struggle to differentiate and define medicine from ‘quackery’, in the context of the rise of commercial forms of publishing and demands for access to contraception. The book uses richly detailed materials, including books and newspapers, court cases, and case studies of the key players who defined the era, and the years that would follow. Challenging myths of sex and Victorian society, and offering a compelling picture of conflicts over key issues such as free speech, contraception, and professional identity, the book will be of wide interest across the arts and humanities, as well as for medicine and science, and is available open access here Dave O'Brien is Professor of Cultural and Creative Industries, at the University of Manchester. Learn more about your ad choices. Visit megaphone.fm/adchoices

Eric Blanc is an assistant professor of labor studies at Rutgers University, researching new workplace organizing, strikes, digital labor activism, and working-class politics. He is the author of Red State Revolt: The Teachers’ Strike Wave and Working-Class Politics (Verso 2019) and his writings have appeared in journals such as Politics & Society, New Labor Forum, and Labor Studies Journal as well as publications such as The Nation, The Guardian, and Jacobin. A longtime labor activist, Blanc is an organizer trainer in the Emergency Workplace Organizing Committee, which he helped co-found in March 2020. He directs The Worker to Worker Collaborative, a center to help unions and rank-and-file groups scale up their efforts by expanding their members’ involvement and leadership. For more information about organizing your workplace and the Emergency Workplace Organizing Committee you can click here: https://workerorganizing.org/ You can read more by Eric Blanc at https://www.laborpolitics.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

What 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 Vessel.Despite its sturdy steel structure, weighing 9,500 deadweight tons, the Vessel is a figure as elusive and abstract as the offshore market it comes to embody: a world of island tax havens, exploited labor forces, free banking zones, Thatcherism, Reaganomics, and mass incarceration, where even the prisoners are held offshore. Fitted with modular shipping containers, themselves the product of standardized global trade, the ship could become whatever the market demanded. Whether caught in an international dispute involving Hong Kong, Nigeria, Indonesia, and the Virgin Islands—to be settled in an English court of law—or flying yet another foreign “flag of convenience” to mask its ownership—the barge is ever a container for forces much larger than even its hulking self.Empty Vessel: The Story of the Global Economy in One Barge is a jaw-dropping microhistory that speaks volumes about the global economy as a whole. In following the Vessel—and its Sister Vessel, built alongside it in Stockholm—from one thankless task to the next, Kumekawa connects the dots of a neoliberal world order in the making, where regulation is for suckers and “Made in USA” feels almost quaint. Dr. Ian Kumekawa is a historian of economic thinking, capitalism, and empire. He is currently an Anniversary Fellow at the Center for History and Economics at Harvard University and a Lecturer in History at MIT. He previously published a book called 'The First Serious Optimist' about Pigou and the birth of welfare economics. His second book, which we will discuss today is called, Empty Vessel: The Global Economy in One Barge, came out with Knopf and John Murray in May 2025. Sidney Michelini is a post-doctoral researcher working on Ecology, Climate, and Violence at the Peace Research Institute of Frankfurt (PRIF). Book Recomendations: The Dawn Watch: Joseph Conrad in a Global World by Maya JasanoffThe Toxic Ship:The Voyage of the Khian Sea and the Global Waste Trade by Simone M. MüllerThe Hidden Globe: How Wealth Hacks the World by Atossa Araxia Abrahamian Learn more about your ad choices. Visit megaphone.fm/adchoices

Children’s picture books are some of the most transparently ideological materials available to parents and educators, and as cultural objects they are an expression of the zeitgeist of a particular era. They reveal much about the hopes, values, and aspirations of the society that produces them, as well as that society’s vision of its place in the wider world at large.Children’s Picture Books and Contemporary Egyptian Society (AUC Press, 2025) by Dr. Yasmine Motawy examines a new wave of Egyptian picture books that was published in the current century to see how these books responded to larger societal trends and transformations in Egypt, as well as to explore the ideologies that lie behind them. Dr. Motawy argues that a host of factors, including the growth of gated communities and international schooling, the proliferation of lucrative literary awards, returning Gulf migrants, television dramas, and nationwide reading advocacy initiatives helped give rise to a new kind of children’s picture book in Egypt.Dr. Motawy focuses on three clusters of selected picture books to investigate the extent to which these books reproduce hegemonic discourses or, alternatively, open up new horizons of childhood agency and societal transformation. The first cluster includes books that directly socialize the child by showing them ‘how things are done,’ in both the domestic sphere and the increasing globalized spaces that children frequent with their families. The second cluster aims at reframing cultural notions around femininity through the retelling of folk and fairy tales, while the third cluster addresses children's abilities to assess the impact of their actions on their environment, and invites them to examine their personal suitability to positions of power and stewardship. 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

As the debate around remote versus in-office work rages on, leaders in a wide range of industries continue to implement radically flexible work practices. Though there has been some pushback, many employers are still allowing most, if not all, of their employees to work from anywhere. The reason is that they understand that geographic flexibility offers a competitive advantage: the ability to attract and retain top talent globally. In The World Is Your Office: How Work from Anywhere Boosts Talent, Productivity, and Innovation (Harvard Business Review Press, 2025) Harvard Business School professor Prithwiraj Choudhury takes us inside that have been fully committed to work-from-anywhere (WFA) policies and shows how these organizations and their employees are benefiting. WFA is s a means of hiring and retaining the best talent. Choudhury show how to best manage WFA teams, share knowledge, and combat isolation, leverage AI and automation to extend WFA into manufacturing and other deskless roles, and design programs that attract talent to different regions Learn more about your ad choices. Visit megaphone.fm/adchoices

The story of the last generation of British miners: fathers and sons, brothers and comrades, big hitters and broken men, strikers and scabs. Mining Men: Britain's Last Kings of the Coalface (Penguin, 2025) by Dr. Emily P. Webber explores how these men felt when the pits were closed and what happened next, including former miners who became factory workers, detectives, driving instructors, counsellors, the local mayor and one who even ended up working on Fleet Street. Featuring accounts from Ayrshire to the South Wales Valleys, from the ‘People’s Republic of South Yorkshire’, to the ‘Sunshine Corner Coalfields’ of Kent, each chapter offers a different perspective of the industry. Britain’s last deep coalmine closed in 2015, yet just fifty years ago the mining industry was a juggernaut, employing over 250,000 workers. Combining new personal interviews with extensive archival research, Dr. Webber illuminates the extraordinary history of the industry once considered the backbone of Britain. By situating the miners’ strike of 1984–85 in a longer history of the coalfields, we can understand why miners and their families fought so hard against pit closures, and what happened after the pit wheels stopped turning. Vivid, evocative and richly alive with minute detail, Mining Men uncovers what the mining industry once meant to its workers and their communities, and what Britain lost when it was gone. 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

Crisis 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 these tests but may not survive the next without reforms during this period of relative calm. In Crisis Cycle, economists John Cochrane, Luis Garicano, and Klaus Masuch call for critical reforms to rebuild the system's incentive structure and stop the ECB's unsought mission creep. "A beautiful ship was constructed," they write. "Out at sea, it ran into severe storms. Its captain and crew patched the holes as best they could. Now though it is time to return to the dry dock and fix the ship properly". John Cochrane is a professor of economics at Stanford University, best-known for his work on asset prices and the fiscal theory of the price level. Luis Garicano is an economics professor at the London School of Economics and former vice-chair of the Renew group in the European Parliament. Klaus Masuch recently retired from the ECB, where he was head of the monetary policy strategy department and a negotiator for the "Troika" of official creditors during the sovereign-debt crisis. To see the authors' own book recommendations, click here. Tim Gwynn Jones is an economic and political-risk analyst at Medley Advisors, who also writes 242.news on Substack. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Unseen History of International Law (Oxford University Press, 2025) locates and describes almost one thousand surviving copies of the first nine editions of Hugo Grotius' De iure belli ac pacis (IBP) published between 1625 and 1650. Meticulously reconstructing the publishing history of these first nine editions and cataloguing copies across hundreds of collections, The Unseen History provides fundamental data for reconstructing the impact of IBP across time and space. The authors, Dr. Mark Somos, Dr. Matthew Cleary, Dr. Pablo Dufour, Dr. Edward Jones Corredera, and Dr. Emanuele Salerno, also examined annotations that thousands of owners and readers have left in IBP copies over four centuries, offering original insights into the development of international law.Grotius' De iure belli ac pacis has been commonly regarded as the foundation of modern international law since its first appearance in 1625. Most major international law scholars have engaged with IBP, often owning and richly annotating their own copies. At key moments - including the demise of the Holy Roman Empire, the fall of Napoleon, and the end of both world wars - IBP was reissued with new commentaries by multinational projects devoted to restarting the international order. Despite the enormous literature on IBP's reception and influence, we cannot fully understand its impact without uncovering the history of IBP as a physical object, with hundreds of thousands of unpublished annotations arguing or agreeing with the text, updating and adapting its contents.Approaching Grotius' seminal work as a physical vehicle of the author's, the publishers', owners', and readers' engagement, The Unseen History radically expands and revises our understanding not only of IBP, but also of the academic discipline and lived practice of modern international law over the last four centuries. In addition to delving into the first nine editions' printing history, descriptive bibliography, and both Grotius' and the publishers' marketing and donation strategies, the book explores Grotius' subsequent impact on pro-slavery and abolitionist litigation as a case study of how the census' original findings can be applied to specific areas of reception. This interview was conducted by Dr. Miranda Melcher whose new 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

An 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 US STEM workforce will bring about economic abundance for the women who participate in it. Combining intersectionality theory and critical data theory with a feminist economic analysis, the authors explore how different groups of diverse women truly fare in US STEM professions.Disparate Measures is centered on eight unique, in-depth case studies, each of which provides an intersectional economic analysis (a term coined by the authors) of diverse women working in STEM occupations. Four case studies prioritize women of color and examine the STEM participation and earnings of Black women, American Indian and Alaska Native women, Asian and Pacific Islander women, and Hispanic women/Latinas; four additional case studies illuminate intersections that are frequently neglected by the STEM inclusivity literature: foreign-born women, women with disabilities, Queer women, and mothers. What the authors find in their groundbreaking, detailed analysis is that the promises of STEM are only partly true: when compared to women not working in STEM, most women are indeed economically elevated by STEM occupations—yet when compared to white men in the same STEM occupations, women's second-class status is usually reaffirmed. The authors conclude by offering seven “big-picture” recommendations for rethinking STEM equity, showing just how we can successfully confront the entrenched patterns of economic disadvantage faced by diverse women in STEM jobs. Learn more about your ad choices. Visit megaphone.fm/adchoices