New Books in Economic and Business History

An English mission to Japan arrives in 1613 with all the standard English commodities, including wool and cloth: which the English hope to trade for Japanese silver. But there’s a gift for the Shogun among them: a silver telescope.As Timon Screech explains in his latest book, The Shogun’s Silver Telescope: God, Art, and Money in the English Quest for Japan, 1600-1625 (Oxford University Press, 2020), there was a lot of meaning behind that telescope. It represented an English state trying to chart its own part as a Protestant country, denoting their support for science and a more open culture in the face of a more backward Catholic Europe. Screech’s book charts the background behind this simple gift and what it meant for both Japan and England.In this interview, Timon and I follow the English journeys to Japan, the reasons for these trips, and what the English encountered when they got there. And we’ll think about what we learn from this—ultimately failed—effort to start a trading relationship between these two islands.Professor Timon Screech is Professor at Nichibunken or the International Research Center for Japanese Studies in Kyoto, after thirty years at SOAS. He is the author of at least a dozen books on the visual culture of the Edo period, including perhaps his best-known work Sex and the Floating World: Erotic Images in Japan, 1700-1820 (University of Hawaii Press, 1999). His other most recent book (and previous interview subject) is Tokyo Before Tokyo: Power and Magic in the Shogun’s City of Edo (Reaktion Books: 2020). In 2019, he was elected as a Fellow of the British Academy.You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of The Shogun’s Silver Telescope. Follow on Facebook or on Twitter at @BookReviewsAsia.Nicholas Gordon is an associate 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

When Google announced that it planned to digitize books to make the world's knowledge accessible to all, questions were raised about the roles and responsibilities of libraries, the rights of authors and publishers, and whether a powerful corporation should be the conveyor of such a fundamental public good. Along Came Google: A History of Library Digitization (Princeton University Press, 2021) traces the history of Google's book digitization project and its implications for us today.In this conversation, we hear from Roger Schonfeld about, not just the history of book digitization, but the dynamic and intricate relationships amongst libraries, publishers, and technology corporations. In addition, we talk about the ongoing conversations and community-lead projects that hint at what the future of book and scholarship digitization could look like.  Sarah Kearns (@annotated_sci) reads about scholarship, the sciences, and philosophy, and is likely over-caffeinated. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Recharging China in War and Revolution, 1882–1955 (Cornell University Press, 2021), Ying Jia Tan explores the fascinating politics of Chinese power consumption as electrical industries developed during seven decades of revolution and warfare.Tan traces this history from the textile-factory power shortages of the late Qing, through the struggle over China's electrical industries during its civil war, to the 1937 Japanese invasion that robbed China of 97 percent of its generative capacity. Along the way, he demonstrates that power industries became an integral part of the nation's military-industrial complex, showing how competing regimes asserted economic sovereignty through the nationalization of electricity.Based on a wide range of published records, engineering reports, and archival collections in China, Taiwan, Japan, and the United States, Recharging China in War and Revolution, 1882–1955 argues that, even in times of peace, the Chinese economy operated as though still at war, constructing power systems that met immediate demands but sacrificed efficiency and longevity.Thanks to generous funding from the Andrew W. Mellon Foundation, through The Sustainable History Monograph Pilot, the ebook editions of this book are available as Open Access volumes from Cornell Open (cornellopen.org), archive.org and other repositories.Ying Jia Tan is Assistant Professor at Wesleyan University and works on the history of energy in modern China He is currently working on a second book project on the plastic industry in Chinese East Asia in the twentieth century. 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

Britain and France waged war eight times in the century following the Glorious Revolution, a mutual antagonism long regarded as a "Second Hundred Years' War." Yet officials on both sides also initiated ententes, free trade schemes, and colonial bargains intended to avert future conflict. What drove this quest for a more peaceful order?In Trading with the Enemy: Britain, France, and the 18th-Century Quest for a Peaceful World Order (Yale UP, 2021), John Shovlin reveals the extent to which Britain and France sought to divert their rivalry away from war and into commercial competition. The two powers worked to end future conflict over trade in Spanish America, the Caribbean, and India, and imagined forms of empire-building that would be more collaborative than competitive. They negotiated to cut cross-channel tariffs, recognizing that free trade could foster national power while muting enmity. This account shows that eighteenth-century capitalism drove not only repeated wars and overseas imperialism but spurred political leaders to strive for global stability.Charles Coutinho Ph. D. of the Royal Historical Society, received his doctorate from New York University. His area of specialization is 19th and 20th-century European, American diplomatic and political history. He has written for Chatham House’s International Affairs, the Institute of Historical Research's Reviews in History and the University of Rouen's online periodical Cercles. Learn more about your ad choices. Visit megaphone.fm/adchoices

Big and Little Histories: Sizing Up Ethics in Historiography (Routledge, 2021) introduces students to ethics in historiography through an exploration of how historians in different times and places have explained how history ought to be written and how those views relate to different understandings of ethics.No two histories are the same. The book argues that this is a good thing because the differences between histories are largely a matter of ethics. Looking to histories made across the world and from ancient times until today, readers are introduced to a wide variety of approaches to the ethics of history, including well-known ethical approaches, such as the virtue ethics of universal historians, and utilitarian approaches to collective biography writing while also discovering new and emerging ideas in the ethics of history. Through these approaches, readers are encouraged to challenge their ideas about whether humans are separate from other living and non-living things and whether machines and animals can write histories. The book looks to the fundamental questions posed about the nature of history making by Indigenous history makers and asks whether the ethics at play in the global variety of histories might be better appreciated in professional codes of conduct and approaches to research ethics management.Opening up the topic of ethics to show how historians might have viewed ethics differently in the past, the book requires no background in ethics or history theory and is open to all of those with an interest in how we think about good histories.Marnie Hughes-Warrington is Deputy-Vice Chancellor Research and Enterprise at the University of South Australia and Visitor at the School of History, Australian National University, Australia. She is the author of several historiography texts, including Fifty Key Thinkers on History (three editions), History Goes to the Movies (2007) and History as Wonder (2018).Anne Martin is Director of the Tjabal Indigenous Higher Education Centre at the Australian National University, Australia. She is an Aboriginal rights activist and educator who is dedicated to changing the future for our next generation of leaders.Alexandra Ortolja-Baird is Lecturer in Digital History and Culture at the University of Portsmouth. She tweets at @timetravelallie. Learn more about your ad choices. Visit megaphone.fm/adchoices

Actuarial thinking is everywhere in contemporary America, an often unnoticed byproduct of the postwar insurance industry’s political and economic influence. Calculations of risk permeate our institutions, influencing how we understand and manage crime, education, medicine, finance, and other social issues. In Insurance Era: Risk, Governance, and the Privatization of Security in Postwar America (The University of Chicago Press, 2021), Caley Horan charts the social and economic power of private insurers since 1945, arguing that these institutions’ actuarial practices played a crucial and unexplored role in insinuating the social, political, and economic frameworks of neoliberalism into everyday life.Through a careful analysis of insurance marketing, consumption, investment, and regulation, Horan asserts that postwar America’s obsession with safety and security fueled the exponential expansion of the insurance industry and the growing importance of risk management in other fields. Horan shows that the rise and dissemination of neoliberal values did not happen on its own: they were the result of a project to unsocialize risk, shrinking the state’s commitment to providing support, and heaping burdens upon the people often least capable of bearing them.Caley Horan is Associate Professor of History at the Massachusetts Institute of Technology.Ashton Merck is a Postdoctoral Research Scholar in Interdisciplinary Risk Sciences at NC State University. She can be found on Twitter @awmerck. Learn more about your ad choices. Visit megaphone.fm/adchoices

The early modern Mediterranean was an area where many different rich cultural traditions came in contact with each other, and were often forced to co-exist, frequently learning to reap the benefits of co-operation. Orthodox, Roman Catholics, Muslims, Jews, and their interactions all contributed significantly to the cultural development of modern Europe. Cross-Cultural Interaction Between Byzantium and the West, 1204-1669: Whose Mediterranean Is It Anyway? (Routledge, 2020) addresses, explores, re-examines, and re-interprets one specific aspect of this cross-cultural interaction in the Mediterranean - that between the Byzantine East and the (mainly Italian) West. The investigation of this interaction has become increasingly popular in the past few decades, not least due to the relevance it has for cultural exchanges in our present-day society. The starting point is provided by the fall of Constantinople to the troops of the Fourth Crusade in 1204. In the aftermath of the fall, a number of Byzantine territories came under prolonged Latin occupation, an occupation that forced Greeks and Latins to adapt their life socially and religiously to the new status quo. Venetian Crete developed one of the most fertile 'bi-cultural' societies, which evolved over 458 years. Its fall to the Ottoman Turks in 1669 marked the end of an era and was hence chosen as the end point for the conference. By sampling case studies from the most representative areas where this interaction took place, the volume highlights the process as well as the significance of its cultural development.Angeliki Lymberopoulou is Senior Lecturer in Art History (late and post-Byzantine art) at The Open University, UK. Her research interests focus on Venetian Crete (1211-1669) and the cross-cultural interactions and exchanges between Greek Orthodox and Roman Catholic Christians in the wider Mediterranean.Evan Zarkadas is a graduate student of European history at the University of Maine focusing on Medieval Europe, the Eastern Mediterranean, medieval identity, and ethnicity during the late Middle Ages. Learn more about your ad choices. Visit megaphone.fm/adchoices

How can ideas from sociology help us understand history and economics? In Trade and Nation: How Companies and Politics Reshaped Economic Thought (Columbia UP, 2021), Emily Erikson, Associate Professor of Sociology at Yale and Academic Director of the Fox International Fellowship, explores the major shift, which occurred during the seventeenth century, in the history and philosophy of economics. The book combines computational methods from sociology with a detailed and close engagement with historical sources and the philosophy of economics. It demonstrates how a key set of merchants proved highly influential in setting the terms of economics, in the context of the specific conditions and institutional settings in England during the period. The book also offers comparative analysis, adding depth to the numerous methods of testing its core hypothesis about what really drove the changes in economics. Clearly written, and deeply engaging, the book is essential reading for scholars in economics and the social sciences, as well as in history and the humanities. Dave O'Brien is Chancellor's Fellow, Cultural and Creative Industries, at the University of Edinburgh's College of Art. Learn more about your ad choices. Visit megaphone.fm/adchoices

"El Chapo. The Untold Story of the World's Most Infamous Drug Lord" (Atria Books, 2021) is a stunning investigation of the life and legend of Mexican kingpin Joaquín Archivaldo “El Chapo” Guzmán Loera, building on Noah Hurowitz’s revelatory coverage for Rolling Stone of El Chapo’s federal drug-trafficking trial. This is the true story of how El Chapo built the world’s wealthiest and most powerful drug-trafficking operation, based on months’ worth of trial testimony and dozens of interviews with cartel gunmen, Mexican journalists and political figures, Chapo’s family members, and the DEA agents who brought him down. Over the course of three decades, El Chapo was responsible for smuggling hundreds of tons of cocaine, marijuana, heroin, meth, and fentanyl around the world, becoming in the process the most celebrated and reviled drug lord since Pablo Escobar.El Chapo waged ruthless wars against his rivals and former allies, plunging vast areas of Mexico into unprecedented levels of violence, even as many in his home state of Sinaloa continued to view him as a hero. This unputdownable book, written by a great new talent, brings El Chapo’s exploits into a focus that previous profiles have failed to capture. Hurowitz digs in deep beyond the legends and delves into El Chapo’s life and legacy—not just the hunt for him, revealing some of the most dramatic and often horrifying moments of his notorious career, including the infamous prison escapes, brutal murders, multi-million-dollar government payoffs, and the paranoia and narcissism that led to his downfall. From the evolution of organized crime in Mexico to the militarization of the drug war to the devastation wrought on both sides of the border by the introduction of synthetic opioids like fentanyl, this book is a gripping and comprehensive work of investigative, on-the-ground reporting.Interview by Pamela Fuentes Assistant Professor in the Women’s and Gender Studies Department at Pace University-NYC campus and editor of New Books Network en español Learn more about your ad choices. Visit megaphone.fm/adchoices

From Double Indemnity to The Godfather, the stories behind some of the greatest films ever made pale beside the story of the studio that made them. In the golden age of Hollywood, Paramount was one of the Big Five studios. Gulf + Western's 1966 takeover of the studio signaled the end of one era and heralded the arrival of a new way of doing business in Hollywood. In Engulfed: The Death of Paramount Pictures and the Birth of Corporate Hollywood (University of Kentucky Press, 2021), Bernard Dick reconstructs the battle that culminated in the reduction of the studio to a mere corporate commodity. The book also traces Paramount's devolution from free-standing studio to subsidiary -- first of Gulf + Western, then Paramount Communications, and currently Viacom-CBS. Dick portrays the new Paramount as a paradigm of today's Hollywood, where the only real art is the art of the deal. Former merchandising executives find themselves in charge of production, on the assumption that anyone who can sell a movie can make one. CEOs exit in disgrace from one studio only to emerge in triumph at another. Corporate raiders vie for power and control through the buying and selling of film libraries, studio property, television stations, book publishers, and more. The history of Paramount is filled with larger-than-life people, including Billy Wilder, Adolph Zukor, Sumner Redstone, Sherry Lansing, Barry Diller, Michael Eisner, Jeffrey Katzenberg, and more.Bernard F. Dick is professor emeritus of communications and English at Fairleigh Dickinson University (Teaneck campus). He holds a doctorate in classics from Fordham University and is the author of numerous film books including Anatomy of Film, Hal Wallis, and That Was Entertainment.Joel Tscherne is an Adjunct History Professor at Southern New Hampshire University. His Twitter handle is @JoelTscherne. Learn more about your ad choices. Visit megaphone.fm/adchoices