New Books in Economic and Business History

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed’s philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices

The institution of slavery permeated the ancient world, such that the realities of slavery and its long shadows pervade the New Testament and other early Christian texts. Yet enslavement remains an under-taught aspect of the context of the New Testament and early Christianity, leaving pastors, laypersons, and neophyte college students alike to fill knowledge gaps about enslaved persons, enslavers, living and laboring conditions, and much more with partial information, assumptions, or a range of highly technical and specialized monographs.  Ancient Slavery and Its New Testament Contexts (Eerdmans, 2025), co-edited by Christy Cobb and Katherine A. Shaner, takes on these issues, introducing readers to the textures, complexities, and material realities of slavery in the Greco-Roman world. International scholars with a range of expertise, from New Testament and early Christian studies to classics, theology, ethics, and more, contribute to a tapestry of introductory themes, topics, and interpretive frameworks with a wealth of literary, inscriptional, pictorial, and theoretical evidence from the material culture of Roman antiquity in this significant volume. Dr. Cobb and Dr. Shaner joined the New Books Network to initiate important conversations that they hope will continue in religious studies classrooms, schools of theology and divinity, and local church small group settings. Christy Cobb (Ph.D., Drew University, 2016) is Associate Professor of Christianity at the University of Denver. She is the author of Slavery, Gender, Truth and Power in Luke-Acts and Other Ancient Narratives (Palgrave Macmillan, 2019) and has also co-edited a volume entitled Sex, Violence, and Early Christian Texts (Lexington Books, 2022). Dr. Cobb is also a member of the editorial board for the Journal of Feminist Studies in Religion, and her research and teaching interests include slavery, gender, sexuality, Acts, and Apocryphal Acts. In her recreational time, Christy enjoys reading novels, crafts, and spending time with her nine-year-old son in Denver. Katherine A. Shaner (Th.D., Harvard University Divinity School, 2012) is Associate Professor of New Testament at the Wake Forest University School of Divinity. She is the author of Enslaved Leadership in Early Christianity (Oxford University Press, 2018) as well as numerous articles on slavery in the New Testament. Dr. Shaner is an ordained pastor in the Evangelical Lutheran Church in America (ELCA) and regularly preaches and teaches in churches around the United States. In her free time, Katherine enjoys hiking in the mountains, reading historical fiction, cooking dinner for friends and spending time with snuggly dogs. Rob Heaton (Ph.D., University of Denver, 2019) hosts Biblical Studies conversations for New Books in Religion and teaches New Testament, Christian origins, and early Christianity at Anderson University in Indiana. He recently authored The Shepherd of Hermas as Scriptura Non Grata: From Popularity in Early Christianity to Exclusion from the New Testament Canon (Lexington Books, 2023). For more about Rob and his work, or to offer feedback related to this episode, please visit his website at https://www.robheaton.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

From the workings of financial markets to our response to the ecological crisis, economic theory shapes the world. But where do these ideas come from? Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray (Bristol University Press, 2024) tells the fascinating story of David Ricardo, Adam Smith’s only real rival as the ‘founder of economics’. The wealthiest stock trader of his day, Ricardo introduced the study of abstract models to economics. He also developed the theory of trade that underpinned globalization and hides, behind its mathematical facade, a history of power, empire, and slavery. Brimming with fresh ideas and stories, Ricardo’s Dream shows how too many economists, from Ricardo’s day to our own, have turned away from observing the real world and led us astray. Nat Dyer is a writer and researcher specialising in global political economy. He is a Fellow of the Schumacher Institute and the Royal Society of Arts. He has worked for Global Witness and for Promoting Economic Pluralism and his stories have been reported on by the BBC, the New York Times and Bloomberg Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices

In barely three generations the Spanish diet has changed beyond recognition. The traditional concerns around nutritional health and scarcity have been mostly left behind, but they have given way to new problems linked to excess. In Milk in Spain and the History of Diet Change: The Political Economy of Dairy Consumption since 1950 (Bloomsbury, 2024) Dr. Fernando Collantes shows how the dairy industry has been central to this societal shift. From widespread calcium deficiency in the 1950s to the more recent, and controversial, turn to highly processed foods, it provides a recent history of diet change in Spain. Probing the reasons behind why this shift has occurred, and how, it shows that when it comes to food society, politics, economics and the law are intrinsically linked.Taking the reader beyond the world of food, Milk in Spain and the History of Diet Change combines qualitative and quantitative methods to position diet change within the broader debate on consumer society and 'the good life'. Contrasting two models of food consumption, it shows that unless public policy takes the challenge of affluence seriously, the food system can become an obstacle to a better society. 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. Let's face it, most of the popular podcasts out there are dumb. NBN features scholars (like you!), providing an enriching alternative to students. We partner with presses like Oxford, Princeton, and Cambridge to make academic research accessible to all. Please consider sharing the New Books Network with your students. Download this poster here to spread the word. Please share this interview on Instagram, LinkedIn, or Bluesky. Don't forget to subscribe to our Substack here to receive our weekly newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plants, Politics and Empire in Ancient Rome (Cambridge University Press, 2022) by Dr. Annalisa Marzano investigates the cultural and political dimension of Roman arboriculture and the associated movement of plants from one corner of the empire to the other. It uses the convergent perspectives offered by textual and archaeological sources to sketch a picture of large-scale arboriculture as a phenomenon primarily driven by elite activity and imperialism. Arboriculture had a clear cultural role in the Roman world: it was used to construct the public persona of many elite Romans, with the introduction of new plants from far away regions or the development of new cultivars contributing to the elite competitive display. Exotic plants from conquered regions were also displayed as trophies in military triumphs, making plants an element of the language of imperialism. Dr. Marzano argues that the Augustan era was a key moment for the development of arboriculture and identifies colonists and soldiers as important agents contributing to plant dispersal and diversity. 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. Let's face it, most of the popular podcasts out there aredumb. NBN features scholars (like you!), providing an enriching alternative tostudents. We partner with presses like Oxford, Princeton, and Cambridge to makeacademic research accessible to all. Please consider sharing the New BooksNetwork with your students. Download this poster here to spread the word. Please share this interview on Instagram, LinkedIn,or Bluesky. Don't forget to subscribe to our Substack here toreceive our weekly newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Uncle Sam is watching, whether you like it or not. And the surveillance program the United States is building has as its foundation immigrants who have crossed the nation's southern border. In Data Borders: How Silicon Valley is Builidng an Industry Around Immigrants (University of California Press, 2023), UCLA information studies professor Melissa Villa-Nicholas deftly explains how private corporations such as Amazon and Palantir, government agencies including ICE and the CBP, and even public libraries all coordinate to track citizens and non-citizens alike. Mass amounts of data are networked to immigrants, who link people together like nodes on a map. A startlingly relevant book, Villa-Nicholas argues that stories we tell about data, and about human experiences, can either aid or act as a bulwark against this type of mass surveillance. The surveillance state is here, and it was born in the American West. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Global Corporations Special Series on the Law Channel on the New Books Network. This Special Series is dedicated to interviews with scholars about recent books engaging with different aspects of global corporations – with a focus on the role of law and legal forms.Our guest today is Professor Philip J. Stern, Professor of History at the History Department at Duke University. Philip is a historian of the British Empire, with an interest in the role of companies and corporations in colonial enterprise, overseas exploration and cartography, the historiography of British India, early modern economic thought, and digital and data visualization approaches to the problem of colonial sovereignty.We spoke with Philip in a live event as part of a workshop in Hong Kong on the history of companies in Asia about his most recent book, Empire, Incorporated: The Corporations That Built British Colonialism (Harvard University Press, 2023).The book places corporations at the centre of the story of the British Empire. It is both a masterful synthesis of a vast body of existing historiographical literature and an incredibly original contribution describing the various corporations engaged in the interrelated and competing projects of what it terms as “corporate or venture colonialism” and their long afterlives of entangled sovereign and commercial powers. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Market Encounters: Consumer Cultures in Twentieth-Century Ghana (Ohio UP, 2017), Bianca Murillo explores the shifting social terrains that made the buying and selling of goods in modern Ghana possible. Fusing economic and business history with social and cultural history, she traces the evolution of consumerism in the colonial Gold Coast and independent Ghana from the late nineteenth century through to the political turmoil of the 1970s.Murillo brings sales clerks, market women, and everyday consumers in Ghana to the center of a story that is all too often told in sweeping metanarratives about what happens when African businesses are incorporated into global markets. By emphasizing the centrality of human relationships to Ghana’s economic past, Murillo introduces a radical rethinking of consumption studies from an Africa-centered perspective. The result is a keen look at colonial capitalism in all of its intricacies, legacies, and contradictions, including its entanglement with gender and race.Bianca Murillo is a professor at California State University, Dominguez Hills. She is a historian of modern Africa, with research and teaching interests in global economies, decolonization, and race and gender studies. While her work focuses on twentieth-century Ghana, her research on international business and capitalism is comparative and transnational. Dr. Murillo has published articles in the journals Gender & History, Enterprise & Society, and Africa. Her current book project, Financing Africa’s Future, is a history of debt, foreign investment, and fraud in Ghana’s post-independence era. Recent writings featuring this research appear in Africa is a Country and History Workshop.Murillo's research has been supported by the National Endowment for the Humanities, American Council of Learned Societies, the Institute of Citizens & Scholars (formerly the Woodrow Wilson Foundation), Fulbright-Hays Program, and the Foreign Language and Area Studies Fellowship Program (U.S. Department of Education). She is an elected board member of the Business History Conference (Association) and has served as an elected committee member and committee chair for the American Historical Association.You can learn more about her work hereAfua Baafi Quarshie is a Ph.D. candidate in history at the Johns Hopkins University. Her research focuses on mothering and childhood in post-independence Ghana.Let's face it, most of the popular podcasts out there are dumb. NBN features scholars (like you!), providing an enriching alternative to students. We partner with presses like Oxford, Princeton, and Cambridge to make academic research accessible to all. Please consider sharing the New Books Network with your students. Download this poster here to spread the word.Please share this interview on Instagram, LinkedIn, or Bluesky. Don't forget to subscribe to our Substack here to receive our weekly newsletter.150,000,000 million lifetime downloads. Advertise on the New Books Network. Watch our promotional video.Learn how to make the most of our library. Learn more about your ad choices. Visit megaphone.fm/adchoices

CrossFit in the United States has become increasingly popular, around which a fascinating culture has developed which shapes everyday life for the people devoted to it. CrossFit claims to be many things: a business, a brand, a tremendously difficult fitness regimen, a community, a way to gain salvation, and a method to survive the apocalypse. In The Cult of CrossFit: Christianity and the American Exercise Phenomenon (NYU Press, 2025), Dr. Katie Rose Hejtmanek examines how this exercise program is shaped by American Christian values and practices, connecting American religious ideologies to secular institutions in contemporary American culture.Drawing upon years of immersing herself in CrossFit gyms in the United States and across six continents, this book illustrates how US CrossFit operates using distinctly American codes, ranging from its intensity and patriarchal militarism to its emphasis on (white) salvation and the adoration of the hero and vigilante. Despite presenting itself as a secular space, Dr. Hejtmanek argues that CrossFit is both heavily influenced by and deeply intertwined with American Christian values. She makes the case that the Christianity that shapes CrossFit is the Christianity that shapes much of America, usually in ways we do not even notice. Offering a new cross-cultural perspective for understanding a popular workout, The Cult of CrossFit provides a window into a particularly American rendition of a Christian plotline, lived out one workout at a time.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. You can find Miranda’s episodes on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Economic Thought in Modern China: Market and Consumption, c.1500–1937 (Cambridge University Press, 2020), Margherita Zanasi argues that basic notions of a free market economy emerged in China a century and half earlier than in Europe. In response to the commercial revolutions of the late 1500s, Chinese intellectuals and officials called for the end of state intervention in the market, recognizing its power to self-regulate. They also noted the elasticity of domestic demand and production, arguing in favour of ending long-standing rules against luxury consumption, an idea that emerged in Europe in the late seventeenth and early nineteenth centuries. Zanasi challenges Eurocentric theories of economic modernization as well as the assumption that European Enlightenment thought was unique in its ability to produce innovative economic ideas. She instead establishes a direct connection between observations of local economic conditions and the formulation of new theories, revealing the unexpected flexibility of the Confucian tradition and its accommodation of seemingly unorthodox ideas.Margherita Zanasi is Professor of Chinese History at Louisiana State University. She has published widely on different aspects of modern China's history, including her first book Saving the Nation: Economic Modernity in Republican China (University of Chicago Press, 2005). She also serves as the editor of the journal Twentieth Century China. Ghassan Moazzin is an Assistant Professor at the Hong Kong Institute for the Humanities and Social Sciences and the Department of History at the University of Hong Kong. He works on the economic and business history of 19th and 20th century China, with a particular focus on the history of foreign banking, international finance and electricity in modern China. His first book, Foreign Banks and Global Finance in Modern China: Banking on the Chinese Frontier, 1870–1919, is forthcoming with Cambridge University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices