

New Books in Economic and Business History
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This podcast is a channel on the New Books Network. The New Books Network is an academic audio library dedicated to public education. In each episode you will hear scholars discuss their recently published research with another expert in their field.
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Discover our 150+ channels and browse our 28,000+ episodes on our website: newbooksnetwork.com
Subscribe to our free weekly Substack newsletter to get informative, engaging content straight to your inbox: https://newbooksnetwork.substack.com/
Follow us on Instagram and Bluesky to learn about more our latest interviews: @newbooksnetwork
Episodes
Mentioned books

Aug 12, 2025 • 58min
Every Purchase Matters: How Fair Trade Farmers, Companies, and Consumers are Changing the World
We all have the power to change the world through the products we buy. This simple premise has driven the growth of the conscious consumer movement for decades. Indeed, what started with a handful of niche sustainability brands has exploded into the mainstream with labels like Organic, Non-GMO, and Fair Trade Certified now adorning products in major retailers across the country. Yet the true promise of ethical sourcing and conscious consumerism has not been fully realized. Paul Rice has dedicated his career to helping consumers and businesses embrace the power they have to protect the environment and improve the lives of farmers and workers on the far side of our global supply chains.In Every Purchase Matters, Mr. Rice reveals the untold story of the Fair Trade movement and its significance for us all. Calling on the close relationships he cultivated over the last forty years with the pioneers of ethical sourcing—CEOs, activists, grassroots farmer leaders, and consumer advocates—Mr. Rice gives voice to the visionaries and practitioners who are making sustainable business the new normal. These protagonists share successes and failures, lessons learned, and their extraordinary impact in communities around the world. Their stories illuminate how sustainability is good not only for people and planet but also for business.
Our guest is: Paul Rice, who is the founder of Fair Trade USA and a pioneering figure in the conscious capitalism movement. He is the author of the national bestseller Every Purchase Matters.
Audio content correction: Dr. Gessler incorrectly stated that Mr. Rice worked in South America. He worked in Central America.
Our host is: Dr. Christina Gessler, who is the producer of the Academic Life podcast, and the author of the show’s Substack newsletter. She is a developmental editor and writing coach for humanities scholars at all stages of their careers.
Playlist for listeners:
Big Box USA
Disabled Ecologies
Moments of Impact
What Might Be
How Girls Achieve
The Good Enough Life
Welcome to Academic Life, the podcast for your academic journey—and beyond! Join us again to learn from more experts inside and outside the academy, and around the world. Missed any of the 275+ Academic Life episodes? Find them here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 10, 2025 • 38min
Ahmad Shokr, "Harvests of Liberation: Cotton, Capitalism, and the End of Empire in Egypt" (Stanford UP, 2025)
Harvests of Liberation offers a critical reinterpretation of Egypt’s path to decolonization through the lens of its most important export crop: cotton. In this richly detailed and methodologically innovative work, historian Ahmad Shokr shifts the focus from nationalist rhetoric and elite politics to the material infrastructures, commodity chains, and agrarian reforms that underpinned Egypt’s transformation from colonial dependency to postcolonial developmental state.
Spanning the early twentieth century through the era of Gamal Abdel Nasser, the book traces how the cotton economy structured both imperial domination and national aspirations. Shokr examines how British colonial rule fostered monopolistic, extractive economic arrangements—what he terms “concessionary accumulation”—that privileged landlords, foreign financiers, and global markets. In response, Egyptian intellectuals, technocrats, and reformers came to see the rural economy not as peripheral but as central to national liberation.
As economic crises—such as the Great Depression and World War II—disrupted global trade and weakened elite power, Egypt’s nationalist vision shifted. The 1952 revolution ushered in a new model of “governmental accumulation,” where state-led institutions—agricultural cooperatives, land reforms, and price controls—sought to discipline markets and integrate the peasantry into a centralized vision of industrial growth and sovereignty.
By weaving together political economy, environmental history, and postcolonial studies, Harvests of Liberation challenges conventional narratives of Egyptian independence. Shokr reveals how cotton’s journey from Nile Valley fields to global markets was not just a story of economic change but one of contested meanings: about freedom, labor, and the power of the state.
Essential reading for scholars of the Middle East, global capitalism, and decolonization, this book radically rethinks how empires end—and how modern nations are built. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 9, 2025 • 1h 5min
Megan Brown, "The Seventh Member State: Algeria, France, and the European Community" (Harvard UP, 2022)
In The Seventh Member State: Algeria, France, and the European Community (Harvard University Press, 2022), Dr. Megan Brown details the surprising story of how Algeria joined and then left the postwar European Economic Community and what its past inclusion means for extracontinental membership in today’s European Union.On their face, the mid-1950s negotiations over European integration were aimed at securing unity in order to prevent violent conflict and boost economies emerging from the disaster of World War II. But French diplomats had other motives, too. From Africa to Southeast Asia, France’s empire was unraveling. France insisted that Algeria—the crown jewel of the empire and home to a nationalist movement then pleading its case to the United Nations—be included in the Treaty of Rome, which established the European Economic Community. The French hoped that Algeria’s involvement in the EEC would quell colonial unrest and confirm international agreement that Algeria was indeed French.French authorities harnessed Algeria’s legal status as an official département within the empire to claim that European trade regulations and labor rights should traverse the Mediterranean. Belgium, Italy, Luxembourg, the Netherlands, and West Germany conceded in order to move forward with the treaty, and Algeria entered a rights regime that allowed free movement of labor and guaranteed security for the families of migrant workers. Even after independence in 1962, Algeria remained part of the community, although its ongoing inclusion was a matter of debate. Still, Algeria’s membership continued until 1976, when a formal treaty removed it from the European community.In this book, Dr. Brown combats understandings of Europe’s “natural” borders by emphasizing the extracontinental contours of the early union. The unification vision was never spatially limited, suggesting that contemporary arguments for geographic boundaries excluding Turkey and areas of Eastern Europe from the European Union must be seen as ahistorical.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

Aug 6, 2025 • 1h 16min
Ronald C. Po, "Shaping the Blue Dragon: Maritime China in the Ming and Qing Dynasties" (Liverpool UP, 2024)
Shaping the Blue Dragon: Maritime China in the Ming and Qing Dynasties (Liverpool UP, 2024) offers a vivid look at China's dynamic and longstanding relationship with the sea. Through the lives of pirates, maritime advisors, cartographers, admirals, writers, and travelers, Ronald C. Po brings maritime China to life — revealing a world far more connected and sea-orientated than often assumed. Richly detailed and captivating, Shaping the Blue Dragon should interest those in Chinese history, East Asian history, and the maritime world. But this is also a book for anyone who loves great stories. Packed with figures from a pirate king ruling the South China Seas to a gentry son-turned-traveler shipwrecked on his voyage to Southeast Asia, Shaping the Blue Dragon is a compelling blend of narrative and analysis.
During our conversation we also talked about Po's first book, The Blue Frontier: Maritime Vision and Power in the Qing Empire (Cambridge UP, 2018) (a must-read!). Listeners who want to know more about this book in particular should also check out the episode about the book The Chinese History Podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 4, 2025 • 1h 31min
Toby Lincoln, "An Urban History of China" (Cambridge UP, 2021)
In An Urban History of China (Cambridge UP, 2021), Toby Lincoln offers the first history of Chinese cities from their origins to the present. Despite being an agricultural society for thousands of years, China had an imperial urban civilization. Over the last century, this urban civilization has been transformed into the world's largest modern urban society. Throughout their long history, Chinese cities have been shaped by interactions with those around the world, and the story of urban China is a crucial part of the history of how the world has become an urban society. Exploring the global connections of Chinese cities, the urban system, urban governance, and daily life alongside introductions to major historical debates and extracts from primary sources, this is essential reading for all those interested in China and in urban history. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 3, 2025 • 47min
David Chaffetz, "Raiders, Rulers, and Traders: The Horse and the Rise of Empires" (Norton, 2025)
No animal is so entangled in human history as the horse. The thread starts in prehistory, with a slight, shy animal, hunted for food. Domesticating the horse allowed early humans to settle the vast Eurasian steppe; later, their horses enabled new forms of warfare, encouraged long-distance trade routes, and ended up acquiring deep cultural and religious significance.
Over time, horses came to power mighty empires in Iran, Afghanistan, China, India, and, later, Russia. Genghis Khan and the thirteenth-century Mongols offer the most famous example, but from ancient Assyria and Persia, to the seventeenth-century Mughals, to the high noon of colonialism in the early twentieth century, horse breeding was indispensable to conquest and statecraft.
Scholar of Asian history David Chaffetz tells the story of how the horse made rulers, raiders, and traders interchangeable, providing a novel explanation for the turbulent history of the “Silk Road,” which might be better called the Horse Road. Drawing on recent research in fields including genetics and forensic archeology, Chaffetz presents a lively history of the great horse empires that shaped civilization.
David Chaffetz is an independent scholar with a lifelong passion for Middle Eastern and Inner Asian history. His 1981 book, several times republished, A Journey through Afghanistan, earned praise from Owen Lattimore, the then doyen of Inner Asian studies in America and the UK. He is a regular contributor to the Asian Review of Books, and has written for the South China Morning Post and the Nikkei Asian Review. His most recent book, Three Asian Divas, describes the important role of elite women entertainers in the transmission of traditional Asian culture.
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

Aug 2, 2025 • 1h 2min
Paul Vigna, "The Almightier: How Money Became God, Greed Became Virtue, and Debt Became Sin" (St. Martin's Press, 2025)
The pursuit of wealth is considered an essential function of human nature, and greed is an unspoken civic virtue. Many of us revere billionaires and Wall Street rain-makers, then complain about “the system” being rigged, and wonder why the country doesn’t seem to work for the little guy anymore. Some blame the Deep State for income inequality and corruption, and others blame capitalism, but the truth is that these issues have much deeper roots: our devotion to money is a manmade invention that has transformed over thousands of years to replace religion as the foundation of our society, and it is tearing civilization apart.
In The Almightier, journalist Paul Vigna uncovers the forgotten history of money, tracing the uneasy and often accidental alliance between wealth and religion as it developed from ancient city-states to today’s secular world, where religious devotion has receded and greed has stepped in to fill the void. Through engaging anecdotes, original research, and fresh perspectives on the causes of the many challenges we face today, Vigna makes a compelling argument that money has no power apart from the power we give it.
Paul Vigna is an author, journalist, editor and speaker, with a particular focus on capital markets and cryptocurrencies. He is the author of Guts: The Anatomy of The Walking Dead and coauthor of The Age of Cryptocurrency and The Truth Machine. For 25 years, he was a reporter and editor for Dow Jones Newswires and the Wall Street Journal, pioneering coverage of the cryptocurrency sector. He has appeared on CNN, CNBC, MSNBC, Fox, and PBS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 1, 2025 • 1h 8min
Gavin Williams, "Format Friction: Perspectives on the Shellac Disc" (U Chicago Press, 2024)
With the rise of the gramophone around 1900, the shellac disc traveled the world and eventually became the dominant sound format in the first half of the twentieth century. Format Friction brings together a set of local encounters with the shellac disc, beginning with its preconditions in South Asian knowledge and labor, to offer a global portrait of this format.Spun at seventy-eight revolutions per minute, the shellac disc rapidly became an industrial standard even while the gramophone itself remained a novelty. The very basis of this early sound reproduction technology was friction, an elemental materiality of sound shaped through cultural practice. Using friction as a lens, Gavin Williams illuminates the environments plundered, the materials seized, and the ears entangled in the making of a sound format. Bringing together material, political, and music history, Format Friction decenters the story of a beloved medium, and so explores new ways of understanding listening in technological culture more broadly.
Nathan Smith is a PhD candidate in Music Theory at Yale University
nathan.smith@yale.edu Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 31, 2025 • 58min
Jennifer Bess, "Where the Red-Winged Blackbirds Sing: The Akimel O'odham and Cycles of Agricultural Transformation in the Phoenix Basin" (U Colorado Press, 2021)
Where the Red-Winged Blackbirds Sing: The Akimel O'odham and Cycles of Agricultural Transformation in the Phoenix Basin (UP of Colorado, 2021) is not a simple story of environmental decline and colonial imposion. In this brilliantly interdisciplinary book, Goucher College peace studies professor Jennifer Bess instead weaves a complicated narrative of change, stability, autonomy, and adaptation, focusing on Indigenous ways of understanding the land and its beings, and how the people who were created in the desert southwest have always shown resilience by adapting to changes. Even in the face fo changes including Spanish colonization, American industrialized agriculture, and today, climate change, the Akimel O'odham have persevered through their intimate knowledge of the Gila River Basin, and their understanding of how to ensure that the desert remains in bloom. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 30, 2025 • 1h 10min
Thomas M. Kemple, "Marx's Wager: Das Kapital and Classical Sociology" (Palgrave MacMillan, 2022)
Marx’s Capital looms large today, a century and a half after first publication, a massive tome that attempts to document and map out the dynamics of a society consumed by capital accumulation. The complexity and scope, as well as its voluminous incompleteness upon his death, have left many readers perplexed, looking for a ‘royal road’ to comprehension. However, this has led to a number of misreadings, with commentators often trying to pick at what they assume is the core of the text, leaving the rest behind.Against this, Thomas Kemple in his new book Marx's Wager: Das Kapital and Classical Sociology (Palgrave MacMillan, 2022) argues that understanding Capital mean’s reading it not just for the economic equations, but the social and moral insights as well. Rather than see Marx’s quotations of literature and poetry as an embellishment to spice up the economic analysis, he sees it performing moral and analytic work as well, allowing Marx to explore the nature of capitalism at a much broader level than narrow economics will allow. Putting Marx in dialogue with his contemporaries, particularly Durkheim, Weber and Simmel, Kemple finds Marx’s work to be much more dynamic and comprehensive than many of his readers have previously realized. This little book offers close textual analysis that will enable readers to approach Marx with fresh eyes, seeing elements of their society and themselves in the text that may have previously gone unnoticed.Thomas Kemple is a professor of sociology at the University of British Columbia. He is the author of several books, including Reading Marx Writing: Melodrama, the Market and the Grundrisse, Intellectual Work and the Spirit of Capitalism: Weber’s Calling and most recently Simmel. Learn more about your ad choices. Visit megaphone.fm/adchoices


