New Books in Economic and Business History

Maggie Gram is a writer, cultural historian, and designer. She leads an experience-design team at Google. She has taught at the Maryland Institute College of Art, Ca’ Foscari University of Venice, and Harvard University, and she has written for N+1 and the New York Times. She lives in New York. The Invention of Design: A Twentieth-Century History (Basic Books, 2025) Recommended Books: Henry Dreyfuss, Designing for People Dolly Alderton, Ghosts Rob Franklin, Great Black Hope Chris Holmes is Chair of Literatures in English and Professor at Ithaca College. He writes criticism on contemporary global literatures. His book, Kazuo Ishiguro Against World Literature, is published with Bloomsbury Publishing. He is the co-director of The New Voices Festival, a celebration of work in poetry, prose, and playwriting by up-and-coming young writers. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hostel, House and Chambers: Accommodating the Victorian and Edwardian Working Woman (Liverpool University Press, 2025) by Emily Gee is the first comprehensive study of the campaigns to house a new generation of working women, the specialised design of the buildings and the women whose lives were changed by this architectural movement. After 1900, the rapid rise of women working as clerks, secretaries or typists, in London and other cities, created an urgent need for affordable and respectable accommodation. Building on models of elegant Victorian ladies’ residential chambers and the vast working men’s lodging houses, a new type of single working women’s hostel emerged. The handsome, if occasionally austere, façades blended into the Edwardian streetscape. However, architectural plans, literary descriptions and historic photographs reveal distinctive interiors. The hostels featured efficiently planned tiny private spaces alongside generous communal dining and sitting rooms, as well as libraries, music rooms and bicycle stores. Emphatically not charitable or municipal affairs, these were business-minded enterprises, established and advocated by other Edwardian women. In turn, these little-known buildings supported, enabled and empowered a new generation of intrepid working women. This book brings the buildings, and the residents, to vivid life through previously untapped sources. 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

What do Warren Buffett and Friedrich Nietzsche have in common? Why does Baruch Spinoza’s understanding of irrational emotions help explain financial markets? How did Voltaire’s success in a bond lottery arbitrage shape his writing? Can David Hume teach an investor when to buck the consensus and when to heed it?Exploring these questions and many others, Ethan A. Everett reveals the surprising lessons we can learn about investing from major philosophers. Demystifying ideas and texts that can often seem intimidating or irrelevant, he shows how philosophical concepts can be fruitfully applied to financial markets. Everett shares how philosophers’ insights have informed his development as an investor, and he considers how great investors have embodied philosophical wisdom in their own endeavors.Ranging from the birth of modern securities markets in seventeenth-century Amsterdam to recent trends like meme stocks, this book shows why a philosophical perspective can prove invaluable to challenging common assumptions in finance. Thinkers like Spinoza or Baudrillard are sometimes envisioned as disembodied minds constructing opaque, self-enclosed theoretical systems, but Everett elegantly concretizes their teachings, brings them to bear on our lived experience of the world, and shows how they can help us better appreciate the joys and vicissitudes of the market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sugar is everywhere in the western diet, blamed for epidemics of obesity, diabetes, and other modern maladies. Our addiction to sweetness has a long and unsavory history. Over the past five hundred years, sugar has shaped empires, made fortunes for a few, and brought misery for millions of workers both enslaved and free. How did sugar become a defining modern food and an essential global commodity? In Unrefined: How Capitalism Reinvented Sugar (U Chicago Press, 2025), Dr. David Singerman recasts our thinking about this crucial substance in the history of capitalism. Before the nineteenth century, sugar’s value depended on natural qualities: its color, its taste, where it was grown, and who had made it. But beginning around 1850, a combination of plantation owners, industrialists, and scientists set out to redefine sugar itself. Deploying the tools and rhetoric of science, they transformed not just how sugar was produced or traded but even how people thought about it. By changing sugar into a pure chemical object, these forces stripped power from workers and enabled—and obscured—new kinds of fraud, corruption, and monopoly. Taking us to unexplored spaces in the world of sugar, from laboratories and docks to refineries and the halls of Congress, Dr. Singerman illuminates dark intersections of the histories of corruption, science, and capitalism. 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

Seeds of Exchange: Soviets, Americans, and Cooperation in Agriculture, 1921–1935 (Northern Illinois UP, 2025) examines the US and Soviet exchange of agricultural knowledge and technology during the interwar period. Maria Fedorova challenges the perception of the Soviet Union as a passive recipient of American technology and expertise. She reveals the circular nature of this exchange through official government bureaus, amid anxious farmers in crowded auditoriums, in cramped cars across North Dakota and Montana, and by train over the once fertile steppes of the Volga. Amid the post–World War I food insecurity, Soviet and American agricultural experts relied on transnational networks, bridging ideological differences. As Soviets traveled across the US agricultural regions and Americans plowed steppes in the southern Urals and the lower Volga, both groups believed that innovative solutions could be found beyond their own national borders. Soviets were avidly interested in American technology and American agricultural experts perceived the Soviet Union to be an ideal setting for experimenting with and refining modern farm systems and organizational practices. As Seeds of Exchange shows, agricultural modernization was not the exclusive domain of Western countries. Guest: Maria Fedorova (she/her) is an Assistant Professor in the Department of Russian Studies at Macalester College. She received her PhD in history at the University of California, Santa Barbara. Her research focuses on the history of agriculture, food insecurity, US-Russia/Soviet relations, and transnational history. Host: Jenna Pittman (she/her), a Ph.D. student in the Department of History at Duke University. She studies modern European history, political economy, and Germany from 1945-1990. Scholars@Duke: https://scholars.duke.edu/pers... Linktree: https://linktr.ee/jennapittman Learn more about your ad choices. Visit megaphone.fm/adchoices

Driving Productivity: Automation, Labor, and Industrial Development in the United States and Germany (Brill, 2025) reconstructs the industrial histories of the American and German automotive industries in a new light. From the Fordist assembly line to Japanese lean production and Industry 4.0, Anthony J. Knowles critically examines major technical developments within the historical dynamics of capitalism. Both countries face the pressure to automate, transform labor, and increase efficiency, yet their responses differ due to divergent paradigms of integrating business, labor, and government. Driving Productivity makes the case that improving productivity is a never-ending process that becomes a compulsory social imperative that industries must respond to but are nevertheless responded to differently between countries. Guest: Anthony Knowles (he/him) is a Teaching Assistant Professor in Sociology and a Postdoctoral Researcher at the Center for Transportation Research at the University of Tennessee. Host: Jenna Pittman (she/her), a Ph.D. student in the Department of History at Duke University. She studies modern European history, political economy, and Germany from 1945-1990. Scholars@Duke: here Linktree: here Learn more about your ad choices. Visit megaphone.fm/adchoices

Orthodoxy on the Line: Russian Orthodox Christians and Labor Migration in the Progressive Era (NYU Press, 2025) is an Immigration and labor history of the Russian Orthodox Church in the US At the turn of the twentieth century, thousands of immigrants from the borderlands of the Russian and Austro-Hungarian Empires built a transnational church in North America. The community that church leaders called American Orthodox Rus’ was created by and for working people, and transformed believers’ identities as Eastern European migrants, as Orthodox Christians, and as American workers. Given how strongly the Russian Orthodox Christian community was tied to working class industrial life, this book makes the case that we cannot understand the scope of working class and immigrant religion in the United States without understanding American Orthodox Rus’. The work Russian Orthodox immigrants did in the Progressive Era United States occurred in factories, foundries, and mines; they lived mainly in industrial cities and mining towns; and they almost immediately got caught up in the most pivotal—and sometimes violent—political and social crises of their times, both nationally and internationally. To address their needs in these contexts, the Russian Orthodox Church expanded its missionary efforts in North America, forming a network of social and material aid for working-class believers. This book traces the rapid growth of this transnational religious world, then explores its unexpected collapse under the weight of the First World War, a global pandemic, and the transnational reach of revolutionary political change in Russia. A story of challenge and resilience, Orthodoxy on the Line complicates dominant paradigms in the study of labor and North American Religions. Guest: Aram G. Sarkisian (he/him) is a historian of religion, immigration, and labor in the United States. Host: Jenna Pittman (she/her), a Ph.D. student in the Department of History at Duke University. She studies modern European history, political economy, and Germany from 1945-1990. Scholars@Duke: here Linktree: here Learn more about your ad choices. Visit megaphone.fm/adchoices

How debt and speculation financed the suburban American dream and led to today’s inequalities In the popular imagination, the suburbs are synonymous with the “American Dream” of upward mobility and economic security. After World War II, white families rushed into newly built suburbs, where they accumulated wealth through homeownership and enjoyed access to superior public schools. In this revelatory new account of postwar suburbanization, historian Michael R. Glass exposes the myth of uniform suburban prosperity. Focusing on the archetypal suburbs of Long Island, Cracked Foundations: Debt and Inequality in Suburban America (U Pennsylvania Press, 2025) uncovers a hidden landscape of debt and speculation. Glass shows how suburbanites were not guaranteed decent housing and high-quality education but instead had to obtain these necessities in the marketplace using home mortgages and municipal bonds. These debt instruments created financial strains for families, distributed resources unevenly across suburbs, and codified racial segregation. Most important, debt transformed housing and education into commodities, turning homes and schools into engines of capital accumulation. The resulting pressures made life increasingly precarious, even for those privileged suburbanites who resided in all-white communities. For people of color denied the same privileges, suburbs became places where predatory loans extracted wealth and credit rating agencies punished children in the poorest school districts. Long Islanders challenged these inequalities over several decades, demanding affordable housing, school desegregation, tax equity, and school-funding equalization. Yet the unequal circumstances created by the mortgages and bonds remain very much in place, even today. Cracked Foundations not only transforms our understanding of housing, education, and inequality but also highlights how contemporary issues like the affordable housing crisis and school segregation have their origins in the postwar golden age of capitalism. Guest: Michael Glass (he/him) is a political and urban historian of the twentieth-century United States, with research and teaching interests in racism, capitalism, and inequality. Michael is an Assistant Professor of History at Boston College. Host: Jenna Pittman (she/her), a Ph.D. student in the Department of History at Duke University. She studies modern European history, political economy, and Germany from 1945-1990. Scholars@Duke: here Linktree: here Learn more about your ad choices. Visit megaphone.fm/adchoices

The abortion market was a powerful economic force in American life. Before legalization lowered the cost, one million women each year collectively paid upward of $750 million for abortions. In The Abortion Market: Buying and Selling Access in the Era Before Roe (University of Pennsylvania Press, 2025), Dr. Katherine Parkin reveals the strength of a massive consumer market that involved loans, advertising, and travel, as well as the costs associated with the procedure itself. Laying the foundation for the emergence of a public market that facilitated the buying and selling of abortions, wealthy population control ideologues encouraged positive public discourse on abortion, funded medical studies, and waged legal battles. White, middle- and upper-class women sought out abortions and paid exorbitantly for them. Male entrepreneurs emerged to capitalize on the booming market and profit from the incredible demand. Advertising on billboards and in college newspapers, men profited by providing the phone number, getting kickbacks for delivering patients, and arranging for women’s travel to Mexico, Puerto Rico, England, and Japan. Students demanded abortion access and organized when it came at a steep cost, especially to the poorest among them. Abortion providers in Kansas, California, and Washington, D.C. attracted out-of-state consumers, with some women aided by their universities or by medical insurance. Between 1970 and 1973, entrepreneurs, providers, and hundreds of thousands of women seeking to buy abortions headed to New York City, heralded by some as the “abortion capital of the world.” While we may have imagined that securing an abortion was best understood as a hidden, woman-only experience, The Abortion Market reveals the extent to which businesses and businessmen openly selling abortion access shaped the experience of buying abortions for millions of women. 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 The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country’s geopolitical preeminence, greatly enhance human wellbeing, and create unimaginable wealth. This book also features a history of the Federal Reserve.Richard Duncan has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok, Thailand. He is now the publisher of Macro Watch, a video-newsletter that analyzes the forces driving the global economy in the 21st Century.Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices