New Books in Economics

Dalits and Adivasis in India’s Business Economy: Three Essays and an Atlas (Three Essay Collective, 2013) is a wonderful new book by Barbara Harriss-White and small team of collaborators – Elisabetta Basile, Anita Dixit, Pinaki Joddar, Aseem Prakash and Kaushal Vidyarthee – published by the Three Essays Collective. The book explores the ways in which economic liberalisation interacts with caste, specifically in reference to scheduled castes and scheduled tribes, otherwise known as Dalits and Adivasis. A truly unique book, both in terms of how the data has been gathered and presented, the essays are variously wide and deep and ask a host of questions to inspire future research. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How did we come to think of spaces for the storage and circulation of body parts as “banks,” and what are the consequences of that history for the way we think about human bodies as property today? Kara W. Swanson‘s wonderful new book traces the history of body banks in America from the nineteenth century to today, focusing especially on milk, blood, and sperm. Banking on the Body: The Market in Blood, Milk, and Sperm in Modern America (Harvard University Press, 2014) takes readers into early twentieth-century America, when doctors first turned to human bodies and their parts as sources of material to help cure their most desperate cases. As these doctors developed an expertise in harvesting body products and sought reliable and cooperative supplies thereof, human milk and blood were first transformed into commodities. Swanson’s story introduces some of the most crucial actors in this history, including wet nurses, professional blood donors, Red Cross volunteer “Grey Ladies,” doctors, blood bank managers, mothers who ran milk banks, sperm donors, and many, many others. The story is deeply satisfying on many levels: as a window into particular human lives, as a conceptual history with material consequences, and as a set of case studies that illuminates and informs today’s legal and medical landscapes. This is a book that should be on the shelves and in the hands of anyone interested in legal history, medical history, modern notions of “property,” and the ways that the past had shaped what happens to our bodies in the present and what might happen to them in the future. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Lifeblood: Oil, Freedom, and the Forces of Capital (University of Minnesota Press, 2013) is an incisive look into how oil permeates our lives and helped shape American politics during the twentieth century. Author Matthew Huber shows the crucial role oil and housing policy played in the New Deal and how, in subsequent decades, government policies drove many Americans to the suburbs and increased their dependence on petroleum. Although such policies were central to suburbanization, Americans in these new neighborhoods tended to forget this fact, and instead, saw their success in the suburbs as the outcome of private achievements. Over time, such places became the crucible for the growth of neoliberalism. Lifeblood demonstrates the role oil played not only in suburbanization, but in the rightward shift of American politics over the past four decades. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

“Diamonds are forever” or “Blood diamonds”–the one a pithy marketing slogan showing how diamonds encapsulate enduring love and commitment and the other a call to conscience about the violence and suffering the quest for diamonds has entailed throughout Africa, the supplier of the majority of the world’s diamonds. In his engagingly written and concise history, Stones of Contention: A History of Africa’s Diamonds (Ohio University Press, 2014), Todd Cleveland looks at the scope and complexity of the African diamond industry and trade from the earliest expressions of international interest in the continent’s mineral wealth to the present day. He highlights the experiences of Africans and their involvement in the mining and processing of diamonds. From artisanal miners working alluvial deposits to company miner workers in South Africa to armed rebels in West Africa to successful industrial operations in Botswana and Namibia, Cleveland provides a panoramic and balanced perspective on both the history and the moral issues involved in assessing diamonds in Africa and their consumption globally. He examines efforts to regulate the diamond trade and offers reasons for optimism that out of these “stones of contention” programs for meaningful, equitable and effective economic and political development may emerge. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The new book, Constructing Neoliberalism: Economic Transformation in Anglo-American Democracies (University of Toronto Press, 2013) shows how political elites in Britain, New Zealand, Australia and Canada successfully introduced radically new economic policies in the 1980s. While opinion polls have consistently showed that neoliberal policies are not popular, governments in all four countries have continued implementing an agenda that includes government spending cuts, the privatization of state-owned enterprises and free trade. The book’s author, Jonathan Swarts, Associate Professor of Political Science at Purdue University North Central in northwestern Indiana, says he finds it fascinating how governments of all political stripes in the four Anglo-American democracies have adopted neoliberalism, which he calls a new “political-economic imaginary.” In this interview with the New Books Network, Professor Swarts discusses how political leaders in the four Anglo-American democracies brought about the neoliberal economic transformation using a combination of persuasion and coercion. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

An unflinching examination of the trauma, violence, opportunism, and vision that combined to create the empire for slavery that was the Old South, Ed Baptist‘s new book The Half Has Never Been Told: Slavery and the Making of American Capitalism (Basic Books, 2014) challenges popular conceptions of that region that imagine it as a land of proud men, genteel ladies, and an antiquated, inefficient system of labor. The slavery that Baptist uncovers is dynamic, relentless, brutal, and extremely profitable. Surviving it, he shows, was an impressive accomplishment all its own. And its role in driving the development of American capitalism in the formative years of the republic raises troubling questions about the legacy of slavery in contemporary times. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Staci Zavattaro is the author of the new book Cities for Sale: Municipalities as Public Relations and Marketing Firms (SUNY Press, 2013). Zavattaro is assistant professor of public administration at Mississippi State University. Cities have received renewed interest from political scientists recently. Previously, Ravi K. Perry was on the podcast to discuss his book Black Mayors, White Majorities: The Balancing Act of Racial Politics (University of Nebraska Press, 2014). Zavattaro approaches the local subject from the perspective of public administration and an eye toward the marketing of cities. You’d be hard presses to live in a community that hasn’t launched a new publicity campaign or a new slogan to attract new residents.  Zavattaro tries to analyze these efforts and suggests that cities use six selling tactics to advance their interests: branding, media relations, in-house publications, use of volunteers and outside organizations as PR surrogates, aesthetic and affective appeal, and built environment via sustainability. Zavattaro acknowledges the limits of this metaphor and, in her conclusion, addresses the risks associated with a model of urban governance focused on marketing rather than other social values. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Since the 1990s, the music industry has been going through a massive transformation. After World War II, the primary way audiences participated in the music business in the period between 1945 and 1990 was by purchasing records and attending concerts. The internet and the mp3 file, however, have changed how people are listening to music. In Popular Music in a Digital Music Economy: Problems and Practices for an Emerging Service Industry (Routledge, 2014), Tim Anderson explores how the music industry is changing from selling records as its primary purpose to a new paradigm in which artists must be entrepreneurial, audiences are end users, and record companies are investing in music brands, not simply records. Anderson’s book is a great guide for this new world. In his book, he draws on a wide range of examples from Moby and Lupe Fiasco to Amanda Palmer and Jonathan Coulton. He also introduces readers to the role that music supervisors, such as Alexandra Pastavas, are playing in film and television. Dr. Tim Anderson is an associate professor at Old Dominion University in the Department of Communication and Theatre Arts. He is also the author of Making Easy Listening: Material Culture and Postwar American Recording. Dr. Anderson can be contacted at tjanders@odu.edu. His website is http://timjanderson.weebly.com. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

John Nathan Anderson’s new book, Radio’s Digital Dilemma: Broadcasting in the 21st Century (Routledge, 2014), documents the somewhat tortured path of broadcast radio’s digital transition in the United States.  Beginning his analysis with rise of neoliberal communications policy in the 1980s, Anderson charts the development of the idea of digitalization by closely examining two key archival sources: The Federal Communication Commission’s extensive archive of rulemaking and public comments and the archives of the two most important trade journals in broadcast radio, Radio World and Current. As Anderson explores in the book, FCC regulatory neglect coupled with the huge consolidation within the radio industry following the passage of the Telecommunications Act of 1996 resulted in a digital transition that was dictated largely by commercial interests.  For example, the most important decision about digital radio – the engineering standard for digital broadcasting – was determined by a federation of corporations that formed a proprietary standard called HD Radio.  This new digital standard was a failure on a number of levels, argues Anderson.  First, it was at odds with the global digital radio standard, Eureka 147.  Second, it caused unwanted interference with analog radio signals.  Third, the corporate entity which owned the rights to the HD Radio standard, iBiquity, was determined to charge local stations a fee for using its digital radio standard.  Once digital radio began to roll out across the nation in 2002, local stations’ and listeners’ complaints about interference and bad reception were effectively drowned out by a sustained marketing effort on behalf of HD Radio’s corporate partners.  Today, the future of digital radio in the United States is in doubt: only 13% of all stations are broadcasting a digital signal.  Throughout the book, Anderson argues that the lack of regulatory guidance and oversight, coupled with blind allegiance to market forces, has resulted in a radio environment that falls well short of our aspirations for a democratic media system. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The continued growth of online gaming and virtual worlds has effects not only in the analog world, with games and social media organizations taking stock options public, but also in the worlds created online. Many games and platforms allow users to involve themselves in virtual labor, to own property, and most importantly to make purchases. This one of areas where the analog and virtual crossover. And the question for platform providers becomes how to capitalize on user interest while earning money. In the new book Virtual Economies: Design and Analysis (MIT 2014), Vili Lehdonvirta, a research fellow at the Oxford Internet Institute, at the University of Oxford and Edward Castronova, professor of communications and cognitive science at Indiana University provide a detailed examination of the underpinnings and motivations for the creation of virtual economies. Lehdonvirta and Castronova consider various international examples to provide a comprehensive look at the markets that continue to be embedded into all kinds of online, and offline, interactions. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics