New Books in Economic and Business History

In 1717, the Council of Trade and Plantations received "agreeable news" from New England. "Bellamy with his ship and Company" had perished on the shoals of Cape Cod. Who was this Bellamy and why did his demise please the government?Born Samuel Bellamy circa 1689, he was a pirate who operated off the coast of New England and throughout the Caribbean. Later known as "Black Sam," or the "Prince of Pirates," Bellamy became one of the wealthiest pirates in the Atlantic world before his untimely death. For the next two centuries, Bellamy faded into obscurity until, in 1984, he became newsworthy again with the discovery of his wrecked pirate ship.In Daring Exploits of Pirate Black Sam Bellamy: From Cape Cod to the Caribbean (The History Press, 2023), historian Dr. Jamie L.H. Goodall unveils the tragic life of Bellamy and the complex relationship between piracy and the colonial New England coast.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rachel S. Gross's Shopping All the Ways to the Woods (Yale University Press, 2024) tells the fascinating history of the profitable paradox of the American outdoor experience: visiting nature first requires shoppingNo escape to nature is complete without a trip to an outdoor recreational store or a browse through online offerings. This is the irony of the American outdoor experience: visiting wild spaces supposedly untouched by capitalism first requires shopping. With consumers spending billions of dollars on clothing and equipment each year as they seek out nature, the American outdoor sector grew over the past 150 years from a small collection of outfitters to an industry contributing more than 2 percent of the nation’s economic output.Gross argues that this success was predicated not just on creating functional equipment but also on selling an authentic, anticommercial outdoor identity. In other words, shopping for the woods was also about being—or becoming—the right kind of person. Demonstrating that outdoor culture is commercial culture, Gross examines Americans’ journey toward outdoor expertise by tracing the development of the nascent outdoor goods industry, the influence of World War II on its growth, and the boom years of outdoor businesses.Rachel S. Gross is a historian of the outdoor gear and apparel industry and an outdoor enthusiast. She is assistant professor at the University of Colorado Denver, a history tour guide, and a curator of museum exhibits. She lives in Denver, CO. Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices

In an era where states and politicians regularly weaponize moral emotions to foment intergroup conflict and violence, understanding the dynamics of violent mobilization and state authority are more relevant than ever before. In Righteous Revolutionaries: Morality, Mobilization, and Violence in the Making of the Chinese State (U Michigan Press, 2022), Javed illustrates how states appeal to popular morality—shared understandings of right and wrong—to forge new group identities and mobilize violence against perceived threats to their authority. Javed examines the Chinese Communist Party’s mass mobilization of violence during its land reform campaign in the early 1950s, one of the most violent and successful state-building efforts in history. Using an array of novel archival, documentary, and quantitative historical data, this book illustrates that China’s land reform campaign was not just about economic redistribution but rather part of a larger, brutally violent state-building effort to delegitimize the new party-state’s internal rivals and establish its moral authority. Righteous Revolutionaries argues that the Chinese Party-state simultaneously removed perceived threats to its authority at the grassroots and bolstered its legitimacy through a process called moral mobilization. This mobilization process created a moral boundary that designated a virtuous ingroup of “the masses” and a demonized outgroup of “class enemies,” mobilized the masses to participate in violence against this broadly defined outgroup, and strengthened this symbolic boundary by making the masses complicit in state violence. This book shows how we can find traces of moral mobilization in China today under Xi’s rule.Jeffrey Javed received his PhD from the Department of Government at Harvard University. Before moving to tech, he was a Research Fellow and Research Director at the Weiser Center for Emerging Democracies and a Postdoctoral Fellow at the Lieberthal-Rogel Center for Chinese Studies at the University of Michigan, where he studied mobilization, violence, and the role of morality in politics. He is currently a Staff Product Growth Researcher at Apollo.io.Yadong Li is a PhD student in anthropology at Tulane University. His research interests lie at the intersection of the anthropology of state, the anthropology of time, hope studies, and post-structuralist philosophy. More details about his scholarship and research interests can be found here. Learn more about your ad choices. Visit megaphone.fm/adchoices

A new economic history which uncovers the forgotten left-wing, anti-imperial, pacifist origins of economic cosmopolitanism and free trade from the mid-nineteenth to the mid-twentieth century. The post-1945 international free-trade regime was established to foster a more integrated, prosperous, and peaceful world. As US Secretary of State Cordell Hull (1933-1944), "Father of the United Nations" and one of the regime's principal architects, explained in his memoirs, "unhampered trade dovetailed with peace; high tariffs, trade barriers, and unfair economic competition, with war." Remarkably, this same economic order is now under assault from the country most involved in its creation: the United States. A global economic nationalist resurgence - heralded by Donald Trump's "America First" protectionism and resultant trade wars with the USA's closest allies and trading partners - now looks to transform over seventy years of regional and global market integration into an illiberal economic order resembling that of the late nineteenth and early twentieth centuries. Economic cosmopolitan critics of today's retreat from free trade have offered dire warnings that doing so would be catastrophic for global consumers and an existential threat to regional and world peace. But under what circumstances did this ideological marriage of free trade, prosperity, and peace arise? Who were its main adherents? How did this same free-trade ideology succeed in becoming the new economic orthodoxy following the Second World War? And how might the successes and failures of this earlier struggle to reform the economic order inform today's globalization crisis? In Pax Economica: Left-Wing Visions of a Free Trade World (Princeton UP, 2024), economic historian Marc-William Palen finds answers amid a century of transnational peace and anti-imperial activism that stretched from Britain's unilateral adoption of free trade in 1846 to the founding of the US-led liberal trading system that arose immediately after the Second World War. Over five thematic chapters, considering the period from different perspectives, and utilising archival research conducted in Europe, North America, and Australia, Palen shows that this politico-ideological struggle to create a more prosperous and peaceful world through free trade pitted economic cosmopolitans against economic nationalists. Cosmopolitans sought to counter the industrialising world's embrace of economic nationalism because they believed - much like today's critics of Trump's tariffs and Brexit - that economic nationalism laid the groundwork for trade wars, high prices for consumers, and geopolitical conflict; while free trade created market interdependence, prosperity, social justice, and a more peaceful world. Pax Economica argues that this cosmopolitan fight for free trade laid foundations for a century of anti-imperial and peace activism across the globe - and paved the way for today's global trade regime now under siege. Learn more about your ad choices. Visit megaphone.fm/adchoices

Famine brought ruin to the Irish countryside in the nineteenth century. In response, people around the world and from myriad social, ethnic, and religious backgrounds became involved in Irish famine relief. They included enslaved Black people in Virginia, poor tenant farmers in rural New York, and members of the Cherokee and Choctaw nations, as well as plantation owners in the US south, abolitionists in Pennsylvania, and, politicians in England and Ireland. Most of these people had no personal connection to Ireland. For many, the famine was their first time participating in distant philanthropy.Aiding Ireland: The Great Famine and the Rise of Transnational Philanthropy (NYU Press, 2024) investigates the Irish famine as a foundational moment for normalising international giving. Dr. Anelise Hanson Shrout argues that these diverse men and women found famine relief to be politically useful. Shrout takes readers from Ireland to Britain, across the Atlantic to the United States, and across the Mississippi to Indian Territory, uncovering what was to be gained for each group by participating in global famine relief. Aiding Ireland demonstrates that international philanthropy and aid are never simple, and are always intertwined with politics both at home and abroad.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Through a variety of archival documents, artefacts, illustrations, and references to primary and secondary literature, On the Job: A History of American Work Uniforms (Bloomsbury, 2024) by Dr. Heather Akou explores the changing styles, business practices, and lived experiences of the people who make, sell, and wear service-industry uniforms in the United States.It highlights how the uniform business is distinct from the fashion business, including how manufacturing developed outside of the typical fashion hubs such as New York City; and gives attention to the ways that various types of employers (small business, corporate, government and others) differ in their ambitions and regulations surrounding uniforms.On the Job sheds new light on an understudied yet important field of dress and clothing within everyday life, and is an essential addition to any fashion historian's library, appealing to all those interested in material culture, the service industry, heritage and history.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the first two-thirds of the twentieth century, as many as eight million whites left the economically depressed southern countryside and migrated to the booming factory towns and cities of the industrial Midwest in search of work. The “hillbilly highway” was one of the largest internal relocations of poor and working people in American history, yet it has largely escaped close study by historians. In Hillbilly Highway: The Transappalachian Migration and the Making of a White Working Class (Princeton University Press, 2023), Dr. Max Fraser recovers the long-overlooked story of this massive demographic event and reveals how it has profoundly influenced American history and culture—from the modern industrial labour movement and the postwar urban crisis to the rise of today’s white working-class conservatives.The book draws on a diverse range of sources—from government reports, industry archives, and union records to novels, memoirs, oral histories, and country music—to narrate the distinctive class experience that unfolded across the Transappalachian migration during these critical decades. As the migration became a terrain of both social advancement and marginalisation, it knit together white working-class communities across the Upper South and the Midwest—bringing into being a new cultural region that remains a contested battleground in American politics to the present.The compelling story of an important and neglected chapter in American history, Hillbilly Highway upends conventional wisdom about the enduring political and cultural consequences of the great migration of white southerners in the twentieth century.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more permissive. Why? Love, Money, and Parenting investigates how economic forces and growing inequality shape how parents raise their children. From medieval times to the present, and from the United States, the United Kingdom, Germany, Italy, Spain, and Sweden to China and Japan, Matthias Doepke and Fabrizio Zilibotti look at how economic incentives and constraints—such as money, knowledge, and time—influence parenting practices and what is considered good parenting in different countries.Through personal anecdotes and original research, Doepke and Zilibotti show that in countries with increasing economic inequality, such as the United States, parents push harder to ensure their children have a path to security and success. Economics has transformed the hands-off parenting of the 1960s and ’70s into a frantic, overscheduled activity. Growing inequality has also resulted in an increasing “parenting gap” between richer and poorer families, raising the disturbing prospect of diminished social mobility and fewer opportunities for children from disadvantaged backgrounds. In nations with less economic inequality, such as Sweden, the stakes are less high, and social mobility is not under threat. Doepke and Zilibotti discuss how investments in early childhood development and the design of education systems factor into the parenting equation, and how economics can help shape policies that will contribute to the ideal of equal opportunity for all. Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids (Princeton UP, 2019) presents an engrossing look at the economics of the family in the modern world.Matthias Doepke is professor of economics at Northwestern University. He lives in Evanston, Illinois.Fabrizio Zilibotti is the Tuntex Professor of International and Development Economics at Yale University. He lives in New Haven, Connecticut.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

Charles Dallara, managing director of the Institute of International Finance from 1993–2013, talks about his crisis memoir: Euroshock: How the Largest Debt Restructuring in History Helped Save Greece and Preserve the Eurozone (Rodin Books, 2024). Dallara, who co-led a small team who negotiated a €100-billion write-off of Greek debt in 2011-12, discusses how it felt to be an American "interloper", crippling European indecision, and performative politicians.Produced by Emin Fikić at davidstudio.This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit twentyfourtwo.substack.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Nancy Folbre’s The Rise and Decline of Patriarchal Systems: An Intersectional Political Economy (Verso, 2021) asks the questions of why and under what conditions overlapping systems of exploitation persist and decline. Folbre adds this book to a long repertoire of studying the economics of care, social reproduction, household-state relations, and women’s coalition building. In making sense of the gender-skewed outcomes of capitalist development, the undervaluation of care, and the dynamics of social reproduction, Folbre draws from various economic and sociological perspectives to introduce an analytical framework attuned to the multiple layers of patriarchal systems of control. The book’s theoretical toolbox (Part 1) is particularly valuable for those interested in key concepts and theories in feminist political economy. The Reconstructed Narratives (Part 2) engages readers with polemics on gendered dynamics of bargaining power, the disciplining of social reproduction labor, the intertwined nature of affect and care, and prospects for progressive collective organizing. Learn more about your ad choices. Visit megaphone.fm/adchoices