New Books in Economic and Business History

How the image collection, organized and made available for public consumption, came to define a key feature of contemporary visual culture. The origins of today’s kaleidoscopic digital visual culture are many. In Picture-Work: How Libraries, Museums, and Stock Agencies Launched a New Image Economy (MIT Press, 2023), Diana Kamin traces the sharing of photographs to an image economy developed throughout the twentieth century by major institutions. Picture-Work examines how three of these institutions—the New York Public Library, the Museum of Modern Art, and the stock agency H. Armstrong Roberts Inc.—defined the public’s understanding of what the photographic image is, while building vast collections with universalizing ambitions. Highlighting underexplored figures, such as the first rights and reproduction manager at MoMA Pearl Moeller and visionary NYPL librarian Romana Javitz, and underexplored professional practices, Diana Kamin demonstrates how bureaucratic work communicates ideas about images to the public. Kamin artfully shows how the public interfaces with these image collections through systems of classification and protocols of search and retrieval. These interactions, in turn, shape contemporary image culture, including concepts of authorship, art, property, and value, as well as logics of indexing, tagging, and hyperlinking. Together, these interactions have forged a concept of the image as alienable content, which has intensified with the advent of digital techniques for managing image collections. To survey the complicated process of digitization in the nineties and early aughts, Kamin also includes interviews with photographers, digital asset management system designers, librarians, and artists on their working practices.Links Mentioned in the Episode "Working With the Whitney's Replication Committee," Ben Lerner, The New Yorker, 2016 Invocation of Beauty: The Life and Photography of Soichi Sunami, Cascadia Art Museum, 2018 Soichi Sunami's manuscript autobiography, Museum of Modern Art Library The New York Public Library: A Universe of Knowledge, Phyllis Dain (Scala Books and The New York Public Library, 2000) What Photographs Do: The Making and Remaking of Museum Cultures, eds. Elizabeth Edwards and Ella Ravilious (UCL Press, 2022). Hallel Yadin is an archivist and special projects manager at the YIVO Institute for Jewish Research. Learn more about your ad choices. Visit megaphone.fm/adchoices

John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution, joins the podcast to discuss how he initial got interested in economics, his initial training in econometrics as a PhD student at Stanford which led him to monetary economics, his seminal contributions to the foundations of New Keynesian economics including the Taylor Rule and its influence, his views on monetary policy in the US, Europe and Japan over the decades, international economics, the state of fiscal policy, and economic growth.  Learn more about your ad choices. Visit megaphone.fm/adchoices

David Mitch, an economic historian and professor of economics at the University of Maryland Baltimore County, joins the podcast to discuss the The Chicago School of Economics, including his 2016 Journal of Political Economy paper which uncovered how on the University of Chicago economics department nearly hired economists Paul Samuelson and John Hicks over Milton Friedman in 1946, along with David's work on economic growth including arguing how incentives for governments to promote growth historically may have been more to promote militarism than maximize the welfare of its citizens.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeremy Land's book Colonial Ports, Global Trade, and the Roots of the American Revolution (1700-1776) (Brill, 2023) takes a long-run view of the global maritime trade of Boston, New York, and Philadelphia from 1700 to American Independence in 1776. Land argues that the three cities developed large, global networks of maritime commerce and exchange that created tension between merchants and the British Empire which sought to enforce mercantilist policies to constrain American trade to within the British Empire. Colonial merchants created and then expanded their mercantile networks well beyond the confines of the British Empire. This trans-imperial trade (often considered smuggling by British authorities) formed the roots of what became known as the American Revolution.Bernardo Batiz-Lazo is currently straddling between Newcastle and Mexico City. You can find him on twitter on issues related to business history of banking, fintech, payments and other musings. Not always in that order. @BatizLazo Learn more about your ad choices. Visit megaphone.fm/adchoices

Uncivil liberalism: Labour, Capital and Commercial Society in Dadabhai Naoroji's Political Thought (Cambridge University Press, 2023) by Dr. Vikram Visana studies how ideas of liberty from the colonised South claimed universality in the North. Recovering the political theory of Dadabhai Naoroji, India's pre-eminent liberal, this book offers an original global history of this process by focussing on Naoroji's preoccupation with social interdependence and civil peace in an age of growing cultural diversity and economic inequality.Dr. Visana shows how Naoroji used political economy to critique British liberalism's incapacity for civil peace by linking periods of communal rioting in colonial Bombay with the Parsi minority's economic decline. He responded by innovating his own liberalism, characterised by labour rights, economic republicanism and social interdependence maintained by freely contracting workers. Significantly, the author draws attention to how Naoroji seeded 'Western' thinkers with his ideas as well as influencing numerous ideologies in colonial and post-colonial India. In doing so, the book offers a compelling argument which reframes Indian 'nationalists' as global thinkers.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

World War I was the first great general conflict to be fought between highly industrial societies able to manufacture and transport immense quantities of goods over land and sea. Yet the armies of the war were too vast in scale, their movements too complex, and the infrastructure upon which they depended too specialized to be operated by professional soldiers alone.In Civilian Specialists at War: Britain's Transport Experts and the First World War (U London Press, 2020), Christopher Phillips examines the relationship between industrial society and industrial warfare through the lens of Britain's transport experts. Phillips analyzes the multiple connections between the army, the government, and the senior executives of some of prewar Britain's largest industrial enterprises, revealing that civilian transport experts were a key component of Britain's strategies in World War I. This book also details the application of recognizably civilian technologies and methods to the prosecution of war, and documents how transport experts were constrained by the political and military requirements of coalition warfare.Civilian Specialists at War was a Bronze Medal winner of the Templer Medal Book Prize in 2020 and winner of the Coleman Prize in 2016. The dissertation version of this book, entitledManaging Armageddon: Britain’s Transport Experts and the First World War (awarded by the University of Leeds) is freely available from the British Library here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Recent scholarship in organisation studies has begun to address how organisations perceive and use their history. However, how organisations preserve and access their history, and how this affects how they are able to use their history is less researched. This thesis investigates how Barclays Group Archives (BGA) contribute to Barclays PLC delivering its strategic objectives. It asks, how does BGA, as a specific unit of the organisation, facilitate the delivery of Barclays PLC's strategic objectives? The researcher was embedded in the archives, enabling the gathering of observational data on how BGA operate as well as a unique level of access to archival organisational records. These were used to target and gain access to Barclays PLC employees to conduct interviews to ascertain how they used BGA's resources and what benefits they felt BGA brought. Using interviews, observation, and other qualitative research methods, Ian Jones introduces archival science theory to the study of how organisations can benefit from using their history, introducing the archival science ideas of authenticity, reliability, usability, and integrity to inform the research on organisational memory and use of the past strategies. The thesis focuses on the period between 2012 and 2015, a time when Barclays PLC made extensive use of their past in an attempt to manage and recover from the various scandals. It argues that BGA, and the archivists in particular, are integral to Barclays PLC's use of the past strategies, enabling Barclays PLC to bolster their claims to be returning to a historically 'authentic' corporate culture that would inform the organisation's strategies and behaviour going forward. Additionally, the archivists themselves act as the link between the information in the archives that forms part of Barclays PLC's organisational memory, enabling users to utilise this information and transforming the static memory held into the archives into dynamic memory that is then utilised by employees. The thesis highlights the importance of how organisations access the historical information that they use to inform their historical narratives, and the importance of the individuals that act as the link between those who are using the past in some way, and the repositories of historical information. The research findings presented in this thesis will be of interest to organisation studies scholars interested in how managers use history as well as to researchers who study corporate archives.Winner of the Coleman Prize in 2022, this research tells of the potential uses of the past as a source of competitive advantage as well as document the relationship between the Corporate Archives and Head Office in a mayor, long-lived British bank.This thesis is available open access here. Bernardo Batiz-Lazo is currently straddling between Newcastle and Mexico City. You can find him on twitter on issues related to business history of banking, fintech, payments and other musings. Not always in that order. @BatizLazo Learn more about your ad choices. Visit megaphone.fm/adchoices

"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place.Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today.Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies.Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science.Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of International Horizons, RBI director John Torpey talks with economists Luciana Lazzaretti and Stefania Oliva of the University of Florence about the role of artificial intelligence in contemporary cultural transformation. The authors discuss the genesis of computer culture from the garages of California hippies who dreamed of a changed world and unexpectedly unleashed the forces of science and art for the sake of entrepreneurship. Moving forward, the authors discuss the nature of a “post-truth” world and how the many faces of reality can converge towards the truth. Finally, Lazaretti and Oliva address the need to foster critical thinking to cope with the threats posed by AI in terms of misinformation and disinformation.International Horizons is a podcast of the Ralph Bunche Institute for International Studies that brings scholarly expertise to bear on our understanding of international issues. John Torpey, the host of the podcast and director of the Ralph Bunche Institute, holds conversations with prominent scholars and figures in state-of-the-art international issues in our weekly episodes. Learn more about your ad choices. Visit megaphone.fm/adchoices

A bold rethinking of the Haitian Revolution reveals the roots of the only successful slave uprising in the modern world.Unearthing the progenitors of the Haitian Revolution has been a historical project of two hundred years. In A Secret Among the Blacks: Slave Resistance Before the Haitian Revolution (Harvard UP, 2023), John D. Garrigus introduces two dozen Black men and women and their communities whose decades of resistance to deadly environmental and political threats preceded and shaped the 1791 revolt.In the twenty-five miles surrounding the revolt’s first fires, enslaved people of diverse origins lived in a crucible of forces that arose from the French colonial project. When a combination of drought, trade blockade, and deadly anthrax bacteria caused waves of death among the enslaved in the 1750s, poison investigations spiraled across plantations. Planters accused, tortured, and killed enslaved healers, survivors, and community leaders for deaths the French regime had caused. Facing inquisition, exploitation, starvation, and disease, enslaved people devised resistance strategies that they practiced for decades. Enslaved men and women organized labor stoppages and allied with free Blacks to force the French into negotiations. They sought enforcement of freedom promises and legal protection from abuse. Some killed their abusers.Through remarkable archival discoveries and creative interpretations of the worlds endured by the enslaved, A Secret Among the Blacks reveals the range of complex, long-term political visions pursued by enslaved people who organized across plantations located in the seedbed of the Haitian Revolution. When the call to rebellion came, these men and women were prepared to answer.Brigid Wallace is a Graduate Student in the History Department at Lehigh University. (Twitter: @faithismine51) Learn more about your ad choices. Visit megaphone.fm/adchoices