New Books in Economic and Business History

Over 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 “fortress farming”, is undertaken by smallholder households that are reluctant to maximize production despite their engagement with major coffee roasting companies. Instead, they maintain their small farms to defend themselves from insecurity while pursuing sources of wealth off farm. The book considers the implications of fortress farming for broader structural reforms and illuminates how social institutions shape forms of capitalist agriculture. Learn more about your ad choices. Visit megaphone.fm/adchoices

Epic Disruptions: 11 Innovations That Shaped Our Modern World (Harvard Business Review Press, 2025) arrives at the perfect moment as artificial intelligence and other technologies promise to unleash another wave of major transformation. This book is a kaleidoscopic look at how eleven disruptive innovations—including the iPhone, transistor, disposable diapers, and Julia Child's The Art of French Cooking—reshaped industries and societies, propelling humanity toward new frontiers. It masterfully weaves together the fascinating stories behind history's most transformative disruptions—from ninth-century China to twenty-first-century Silicon Valley. Through the eleven pivotal innovations that it covers, including the printing press, mass-produced automobiles, the McDonald's revolutionary food system, and the iPhone, the author Dartmouth Business School Professor Scott D. Anthony reveals the hidden patterns behind world-changing breakthroughs from gunpowder to generative AI. These forces of disruption are repeatedly rewriting the rules of business, society, and human possibility. Through vivid storytelling and sharp analysis, Professor Anthony introduces the iconoclasts who dared to think differently—the Renaissance-era scientists, French-cooking enthusiasts, and corporate visionaries who saw opportunities others missed. This books shows how disruptions actually took place. Learn more about your ad choices. Visit megaphone.fm/adchoices

Legal Knowledge in Organizations: A Source of Strategic and Competitive Advantage (Cambridge UP, 2025) offers a step-by-step guide on how to utilize the law as a source of value in organizations. Robert C. Bird demonstrates how legal knowledge can be a valuable asset for firms, providing them with a sustainable competitive advantage that is difficult for rivals to imitate. Bird presents a five-part framework that outlines how firms can use legal knowledge in competitive markets and how they can avoid misusing it. Chapters also highlight how firms can cultivate legal knowledge and apply novel risk tools to overcome unexpected legal threats. The book emphasizes the importance of ethical values in business decisions and shows how managers and lawyers can build an ethical practice of legal knowledge that benefits both business and society. With the help of numerous visuals, this book makes it easy for readers to leverage legal knowledge and apply it to specific business contexts. Learn more about your ad choices. Visit megaphone.fm/adchoices

The history of film calls to mind unforgettable photographs, famous directors, and the glitz and hustle of the media business. But there is another tale to tell that connects film as a material to the twentieth century's history of war, destruction, and cruelty. This story comes into focus during World War II at the factories of Tennessee Eastman, where photographic giant Kodak produced the rudiments of movie magic. Not far away, at Oak Ridge, Kodak was also enriching uranium for the Manhattan Project--uranium mined in the Belgian Congo and destined for the bomb that fell on Hiroshima. While the world's largest film manufacturer transformed into a formidable military contractor, across the ocean its competitor Agfa grew entangled with Nazi Germany's machinery of war. After 1945, Kodak's film factories stood at the front lines of a new, colder war, as their photosensitive products became harbingers of the dangers of nuclear fallout. Following scientists, soldiers, prisoners, and spies through Kodak's and Agfa's global empires, Alice Lovejoy links the golden age of cinema and photography to colonialism, the military-industrial complex, radioactive dust, and toxic waste. Revelatory and chilling, Tales of Militant Chemistry shows how film became a weapon whose chemistry irrevocably shaped the world we live in today. Alice Lovejoy is author of the award-winning Army Film and the Avant Garde: Cinema and Experiment in the Czechoslovak Military. A former editor at Film Comment, she is Professor of film and media studies at the University of Minnesota. Caleb Zakarin is editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Beyond Shareholder Primacy: Remaking Capitalism for a Sustainable Future (Stanford Business Books, 2024) Hart argues that the current Milton Friedman–style "shareholder primacy capitalism," as taught in business schools and embraced around the world, has become dangerous for society, the climate, and the planet. Moreover, he maintains, it's economically unnecessary. Yet there are many reasons for hope―from the history of capitalism itself. Hart holds that capitalism has reformed itself twice before and is poised for a third major reformation. Retelling the origin story of capitalism from the fifteenth century to the present, he argues that a radically sustainable, just capitalism is possible, and even likely. Hart goes on to describe what it will take to move beyond capitalism's present worship of "shareholder primacy," including corporate transformations to re-embed purpose and reforms to major economic institutions. A key requirement is eliminating the "externalities" (or collateral damage) of the current version of shareholder capitalism. Sustainable capitalism has to explicitly incorporate the needs of society and the planet, include a financial system that allows leaders to prioritize the planet, reorganize business schools around sustainable management thinking, and enable corporations not just to stop ignoring the damage they cause, but actually begin to create positive impact. Learn more about your ad choices. Visit megaphone.fm/adchoices

In 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 harmful to the planet, and proposes innovative solutions to reduce their climate footprints.Global climate stabilization cannot afford to wait for oil and gas to run out. No Standard Oil shows how we can take immediate, practical steps to cut greenhouse gas emissions in the crucial oil and gas sector while making sustainable progress in transitioning to a carbon-free energy future.Deborah Gordon is a senior principal in the Climate Intelligence Program at RMI where she leads the Oil and Gas Solutions Initiative. Gordon also serves as a senior fellow at the Watson Institute for International and Public Affairs at Brown University and the principal investigator for the Oil Climate Project.Caleb Zakarin is the Assistant Editor of the New Books Network (Twitter: @caleb_zakarin). Learn more about your ad choices. Visit megaphone.fm/adchoices

Upstate New York's Anti-Rent Movement is considered the last struggle over feudalism in the United States. Tenant farmers in the Hudson-Mohawk region engaged in organized protest throughout the 1840s to contest monopoly ownership of the land they worked. Arguing their cause in newspapers, on broadsides, and at rallies, their aspirations also took shape in poetry and song. More than twenty sets of lyrics (and one instrumental composition) were written at various stages of the conflict. Some of their musical sources, such as "Old Dan Tucker" and "Bruce's Address," are still well known. Each fully contextualized song offers insight into the role vernacular music played in one of the nineteenth century's major social reform movements. Songs and Sounds of the Anti-Rent Movement in Upstate New York: Including Twenty-Two New Settings of Period Tunes (SUNY Press, 2025) by Dr. Nancy Newman is the first book to gather the poetry and corresponding tunes into one publication (you can find recordings of some of the songs here). It provides detailed analysis of the repertory, followed by new musical scores of the songs, reconstructed from contemporary historical sources for study and performance. It also examines the movement's later dramatization in novels, film, and public commemorations as successive generations grapple with its meaning. 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

Most 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 burdens many decisions made in its name have placed on us all. Jones argues that the pursuit of growth has never reflected its costs, because economists downplay environmental degradation. What’s worse, skyrocketing inequality and diminishing improvements in most people’s well-being mean growth too often delivers too little for too many. Jones urges economists to engage more broadly with other ways of thinking, as well as with citizens and governments to recognize and slow infinite growth’s impact on the real world. Both accessible and eye-opening, The Invention of Infinite Growth offers hope for the future. Humans have not always believed that economic growth could or should continue, and so it is possible for us to change course. We can still create new ideas about how to promote environmental sustainability, human welfare, and even responsible growth, without killing the planet and ourselves. Learn more about your ad choices. Visit megaphone.fm/adchoices

Shipping Sculptures from Early Modern Italy: The Mechanics, Costs, Risks, and Rewards (Brepols, 2025) by Dr. Kelley Helmstutler Di Dio focuses on enormous amounts of sculptures moved from Italy to Spain from ca. 1500-1750. An analysis of an important body of unpublished archival documentation regarding the practical issues involved in making and transporting sculpture, provide the basis for this study of the development of technologies, infrastructure, and labor organization necessary to make such challenging transports of moving sculptures by land and sea possible. Artists, patrons, and agents had the eventual movement to a destination at the center of decision making when new sculptures were commissioned to send. Sending antiquities or second-hand works required even more planning and care. Divided into a series of case studies of major sculptures, Shipping Sculptures offers a new approach to the study of cross-cultural artistic exchange, state gifts, collecting and patronage, by examining the practical details of object movement over challenging geographies. 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

In How Progress Ends: Technology, Innovation, and the Fate of Nations (Princeton UP, 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 change. By examining key historical moments—from the rise of the steam engine to the dawn of AI—Frey shows why technological shifts have shaped, and sometimes destabilized, entire civilizations. He explores why some leading technological powers of the past—such as Song China, the Dutch Republic, and Victorian Britain—ultimately lost their innovative edge, why some modern nations such as Japan had periods of rapid growth followed by stagnation, and why planned economies like the Soviet Union collapsed after brief surges of progress. Frey uncovers a recurring tension in history: while decentralization fosters the exploration of new technologies, bureaucracy is crucial for scaling them. When institutions fail to adapt to technological change, stagnation inevitably follows. Only by carefully balancing decentralization and bureaucracy can nations innovate and grow over the long term—findings that have worrying implications for the United States, Europe, China, and other economies today. Through a rich narrative that weaves together history, economics, and technology, How Progress Ends reveals that managing the future requires us to draw the right lessons from the past. Learn more about your ad choices. Visit megaphone.fm/adchoices