New Books in Economic and Business History

In Streets of Gold: America's Untold Story of Immigrant Success (PublicAffairs, 2022), Ran Abramitzky and Leah Boustan reveal the true story of immigration and the American economy, debunking myths perpetuated by the media and inflamed by political rhetoric. Through this authoritative account of the historical record and important new findings, Abramitzky and Boustan will help shape our thinking and policies about the fraught topic of immigration with findings such as:  ·Where you come from doesn't matter. The children of immigrants from El Salvador, Mexico, and Guatemala today are as likely to be as successful as the children of immigrants from Great Britain and Norway 150 years ago.  ·Children of immigrants do better economically than children of those born in the U.S. – a pattern that has held for more than a century. ·The children of immigrants from nearly every country, especially children of poor immigrants, are more upwardly mobile than the children of US-born residents.  ·Immigrants today, especially those from groups accused of lack of assimilation (such as Mexicans and those from Muslim countries) actually assimilate fastest.  ·Immigration changes the economy in unexpected positive ways and staves off the economic decline that is the consequence of an aging population.  ·Closing the door to immigrants harms the economic prospects of the U.S. born, the people politicians are trying to protect. More, not less, immigration will spur the American economy.  ·Severe restrictions on immigration reduce innovation by blocking entry to future scientists, artists, and entrepreneurs.  Using powerful story-telling and unprecedented research employing big data and algorithms, Abramitzky and Boustan are like dedicated family genealogists but millions of times over. They provide a new take on American history with surprising results, especially how comparable the "golden era" of immigration is to today, and why many current policy proposals are so misguided.Javier Mejia is an economist teaching at Stanford University, whose work focuses on the intersection between social networks and economic history. His interests extend to topics on entrepreneurship and political economy with a geographical specialty in Latin America and the Middle East. He received a Ph.D. in Economics from Los Andes University. He has been a Postdoctoral Associate and Lecturer at New York University--Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is a regular contributor to different news outlets. Currently, he is Forbes Magazine op-ed columnist. Learn more about your ad choices. Visit megaphone.fm/adchoices

Colonial Myanmar was teeming with animals, both wild and domesticated. Yet few histories have devoted close attention to the importance of animals to British colonial rule in Myanmar. Jonathan Saha’s new book, Colonizing Animals: Interspecies Empire in Myanmar (Cambridge UP, 2021), does exactly this. According to Saha, imperialism was an “interspecies affair”. Colonial empires would have been impossible without the human mobilization and management of various animal species to first conquer, and then to maintain these empires. Saha brings together the emerging field of animal studies with the more established field of postcolonial studies to produce a new history of colonial Myanmar where the relationship between humans and animals is front and centre. In doing so. Saha highlights the importance of the lives of “non-human” animals in how we understand Southeast Asian history.”Patrick Jory teaches Southeast Asian History in the School of Historical and Philosophical Inquiry at the University of Queensland. He can be reached at: p.jory@uq.edu.au. Learn more about your ad choices. Visit megaphone.fm/adchoices

Pierre Penet and Juan Flores Zendejas' book Sovereign Debt Diplomacies: Rethinking Sovereign Debt from Colonial Empires to Hegemony (Oxford UP. 2021) aims to revisit the meaning of sovereign debt in relation to colonial history and postcolonial developments. It offers three main contributions. The first contribution is historical. The volume historicizes a research field that has so far focused primarily on the post-1980 years. A focus on colonial debt from the 19th century building of colonial empires to the decolonization era in the 1960s-70s fills an important gap in recent debt historiographies. Economic historians have engaged with colonialism only reluctantly or en passant, giving credence to the idea that colonialism is not a development that deserves to be treated on its own. This has led to suboptimal developments in recent scholarship.The second contribution adds a 'law and society' dimension to studies of debt. The analytical payoff of the exercise is to capture the current developments and functional limits of debt contracting and adjudication in relation to the long-term political and sociological dynamics of sovereignty. Finally, Sovereign Debt Diplomacies imports insights from, and contributes to the body of research currently developed in the Humanities under the label 'colonial and postcolonial studies'. The emphasis on 'history from below' and focus on 'subaltern agency' usefully complement the traditional elite-perspective on financial imperialism favored by the British school of empire history.Javier Mejia is an economist teaching at Stanford University, whose work focuses on the intersection between social networks and economic history. His interests extend to topics on entrepreneurship and political economy with a geographical specialty in Latin America and the Middle East. He received a Ph.D. in Economics from Los Andes University. He has been a Postdoctoral Associate and Lecturer at New York University--Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is a regular contributor to different news outlets. Currently, he is Forbes Magazine op-ed columnist. Learn more about your ad choices. Visit megaphone.fm/adchoices

The title of the book that we are introducing today is Building a Housewife's Paradise Gender, Politics, and American Grocery Stores in the Twentieth Century. This is not a new book, it was published in 2010, but one that deserves to be highlighted especially within the most recent debates on gender and business. Building a Housewife's Paradise studies the emergence of supermarkets in the urban United States by focusing on the case of Chicago. The book argues that this history, the birth, and growth of large and standardized grocery stores is undetachable from the social, cultural, and economic identities and gendered contexts of food and household provision and systems. Her analysis goes back to the beginning of the twentieth century through World War II. Supermarkets are a mundane feature in the landscape, but as Tracey Deutsch reveals, they represent a major transformation in the ways that Americans feed themselves. In her examination of the history of food distribution in the United States, Deutsch demonstrates the important roles that gender, business, class, and the state played in the evolution of American grocery stores.Deutsch's analysis reframes shopping as labor and embeds consumption in the structures of capitalism. The supermarket, that icon of postwar American life, emerged not from straightforward consumer demand for low prices, Deutsch argues, but through government regulations, women customers' demands, and retailers' concerns with financial success and control of the "shop floor." From small neighborhood stores to huge corporate chains of supermarkets, Deutsch traces the charged story of the origins of contemporary food distribution, treating topics as varied as everyday food purchases, the sales tax, postwar celebrations and critiques of mass consumption, and 1960s and 1970s urban insurrections. Demonstrating connections between women's work and the history of capitalism, Deutsch locates the origins of supermarkets in the politics of twentieth-century consumption.Tracey Deutsch is a history professor at the University of Minnesota. She teaches, researches, and writes about gender and women’s history, the history of capitalism, critical food studies, and modern US history. She has also published essays on the uses of women's history and women's labor in contemporary local food discourses. I recommend her chapter Home, Cooking: Women’s Place and Women’s History in Local Foods Discourse in Food Fights: How the Past Matters in Contemporary Food Debates, 2019. Her current research uses Julia Child's biography to study the emergence of food as a crucial object in middle-class life in the mid-twentieth-century United States. She is also pursuing research on the history of the abstraction of consumer demand in economic thought. Tracey Deutsch studies the intersections between gender and capitalism and she has recently published “Capitalism in the 20th and 21st Centuries,” co-authored with Nan Enstad in the Companion to American Women’s History, published by Wiley, 2021.Paula De La Cruz-Fernandez is a consultant, historian, and digital editor. Editor New Books Network en español. Edita CEO. Learn more about your ad choices. Visit megaphone.fm/adchoices

The toxicity of pesticides to the environment and humans is often framed as an unfortunate effect of their benefits to agricultural production. In Economic Poisoning: Industrial Waste and the Chemicalization of American Agriculture (U California Press, 2021), Adam M. Romero upends this narrative and provides a fascinating new history of pesticides in American industrial agriculture prior to World War II. Through impeccable archival research, Romero reveals the ways in which late nineteenth- and early twentieth-century American agriculture, especially in California, functioned less as a market for novel pest-killing chemical products and more as a sink for the accumulating toxic wastes of mining, oil production, and chemical manufacturing. Connecting farming ecosystems to technology and the economy, Romero provides an intriguing reconceptualization of pesticides that forces readers to rethink assumptions about food, industry, and the relationship between human and nonhuman environments.Eyad Houssami makes theatre and has participated in the revitalization of an ancient organic farm in southern Lebanon. He is editor of the Arabic-English book Doomed by Hope: Essays on Arab Theatre (Pluto/Dar Al Adab) and was editor-at-large of Portal 9, a bilingual literary and academic journal about urbanism. His doctoral research project on ecology and agriculture in post-independence Lebanon sat the University of Leeds and this work are supported by the UK Arts & Humanities Research Council (grant number AH/R012733/1) through the White Rose College of the Arts & Humanities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Textiles were the second-most-traded commodity in world history, preceded only by grain. In the Ottoman Empire, in particular, the sale and exchange of silks, cottons, and woolens generated an immense amount of revenue. They touched every level of society, from rural women tending silkworms to pashas flaunting layers of watered camlet to merchants travelling to Mecca and beyond. Sea Change: Ottoman Textiles Between the Mediterranean and the Indian Ocean (U California Press, 2021) offers the first comprehensive history of the Ottoman textile sector, arguing that the trade's enduring success resulted from its openness to expertise and objects from far-flung locations. Amanda Phillips skillfully marries art history with social and economic history, integrating formal analysis of various textiles into wider discussions of how trade, technology, and migration impacted the production and consumption of textiles in the Mediterranean from around 1400 to 1800. Surveying a vast network of textile topographies that stretched from India to Italy and from Egypt to Iran, Sea Change illuminates often neglected aspects of material culture, showcasing the objects' ability to tell new kinds of stories.Tanja Tolar is a Senior Teaching Fellow at the School of Oriental and African Studies in London. Learn more about your ad choices. Visit megaphone.fm/adchoices

When Charles II ascended the English throne in 1660 after two decades of civil war, he was confronted with domestic disarray and a sprawling empire in chaos. His government sought to assert control and affirm the King’s sovereignty by touting his stewardship of both England’s land and the improvement of his subjects’ health. In An Empire Transformed: Remolding Bodies and Landscapes in the Restoration Atlantic (NYU Press, 2021), Dr. Kate Mulry examines ambitious projects of environmental engineering, including fen and marshland drainage, forest rehabilitation, urban reconstruction, and garden transplantation schemes, showing how agents of the English Restoration government aimed to transform both places and people in service of establishing order. Merchants, colonial officials, and members of the Royal Society encouraged royal intervention in places deemed unhealthy, unproductive, or poorly managed. Their multiple schemes reflected an enduring belief in the complex relationships between the health of individual bodies, personal and communal character, and the landscapes they inhabited.In this deeply researched work, Kate Mulry highlights a period of innovation during which officials reassessed the purpose of colonies, weighed their benefits and drawbacks, and engineered and instituted a range of activities in relation to subjects’ bodies and material environments. This book investigates how Restoration officials endeavoured to recover control and counteract any lingering questions about the king’s rightful authority after this long exile by reforming and cultivating environments on both sides of the Atlantic.An Empire Transformed is an interdisciplinary work addressing a series of interlocking issues concerning ideas about the environment, governance, and public health in the early modern English Atlantic empire.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

The word neoliberalism is often used more as an insult than a description of a set of beliefs. And people can be rather hazy about the beliefs it refers to – although the mix generally includes free markets, privatisation and globalisation and high levels of inequality. In his book The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era (Oxford UP, 2022), Professor Gary Gerstle of Cambridge University charts how both rightists and leftists embraced neo liberal ideas which prevailed for some three decades until they were challenged by the populist ethno nationalism of Trump and his imitators. But can ethnonationalism prevail? Professor Gerstle argues its too soon to say whether ethnonationalism will become the new post neoliberal orthodoxy Learn more about your ad choices. Visit megaphone.fm/adchoices

Grain traders wandering across the steppe; the Russian conquest of Ukraine (in the 18th century, that is); boulevard barons and wheat futures; railroads; the first fast food breakfast; and war socialism. It’s all crammed into this discussion of wheat, and what it wrought, with Scott Nelson.Scott Reynolds Nelson is the Georgia Athletics Association Professor of the Humanities at the University of Georgia. Author of numerous books, his latest is Oceans of Grain: How American Wheat Remade the World (Basic Books, 2022) and it is the subject of our conversation today.Al Zambone is a historian and the host of the excellent podcast Historically Thinking. You can subscribe to Historically Thinking on Apple Podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Immigration is one of the most fraught, and possibly most misunderstood, topics in American social discourse—yet, in most cases, the things we believe about immigration are based largely on myth, not facts. Using the tools of modern data analysis and ten years of pioneering research, Streets of Gold: America's Untold Story of Immigrant Success (Public Affairs, 2022) provides new evidence about the past and present of the American Dream, debunking myths fostered by political opportunism and sentimentalized in family histories. They make a powerful case for four key facts: Children of immigrants from nearly every country, especially those of poor immigrants, do better economically than children of U.S.-born residents. Immigrants accused of lack of assimilation (such as Mexicans today and the Irish in the past) actually assimilate fastest. Immigration changes the economy in unexpected positive ways and staves off the economic decline that is the consequence of an aging population. Closing the door to immigrants harms the economic prospects of the U.S.-born—the people politicians are trying to protect. Using powerful story-telling and unprecedented research employing big data and algorithms, interviewee Leah Boustan and her co-author Ran Abramitzky are like dedicated family genealogists but millions of times over. They provide a new take on American history with surprising results, especially how comparable the “golden era” of immigration is to today, and why many current policy proposals are so misguided. Learn more about your ad choices. Visit megaphone.fm/adchoices