New Books in Economics

What is the future of news? In the twentieth century Western-educated journalists championed impartial, unbiased news – which always seemed rather odd as everyone agreed it wasn’t possible for journalists to shed all their biases. That fundamental contradiction has been replaced by something even more problematic – fake news and worse than that, fake news which people believe and even the idea that everyone can publish their own news. So where are we headed in the twenty first century. Roger Mosey was a senior BBC editor and is now master of Selwyn College CambridgeOwen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Pakistan would desperately like to produce enough electricity, but it usually doesn't. Despite prioritization by successive governments, targeted reforms shaped by international development actors, and featuring prominently in Chinese Belt and Road investments, the Pakistani power sector continues to stifle economic and social life across the country. Why?In Access to Power: Electricity and the Infrastructural State in Pakistan (Oxford UP, 2022), Ijlal Naqvi explores state capacity in Pakistan by following the material infrastructure of electricity across the provinces and down into cities and homes. Naqvi argues that the national-level challenges of crippling budgetary constraints and power shortages directly result from conscious strategic decisions that are integral to Pakistan's infrastructural state. As he shows, electricity governance in Pakistan reinforces unequal relations of power between provinces and the federal center, contributes to the marginalization of subordinate groups in the city, and cements the patronage-based relationships between Pakistani citizens and the state that have been so detrimental to development progress.Looking through the lens of the electrical power sector, Access to Power reveals how Pakistan actually works, and to whose benefit.Sneha Annavarapu is Assistant Professor of Urban Studies at Yale-NUS College. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Stephanie Hoopes, National Director of United for ALICE, a research center founded at United Way of Northern New Jersey, talks about the ALICE program with Peoples & Thing host, Lee Vinsel. ALICE stands for Asset-Limited, Income-Constrained Employed, and describes working households who can barely afford to make ends meet. The ALICE program repeatedly finds that about 40% of American households fits its criteria. Hoopes and Vinsel also the social structures and economic factors that contribute to ALICE, and how different populations are affected unequally by these factors. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

What would happen if microchips suddenly disappeared from our world? From phones to cars, medical equipment to heating units, they are crucial for the safe and smooth functioning of much of society. While they may not actually disappear anytime soon, we have learned from the COVID pandemic about the real and potential consequences of an essential microchips shortage. Listen to Hermann Aubié, senior researcher at the Centre for East Asian Studies at the University of Turku in Finland, speak about the current state of the complex global microchips industry and attempts by governments to control its technology and supply-chain. Dr. Aubié focuses in particular on the United States' 2022 CHIPS and Science Act and October Export Rules, largely considered to target China's capacity to produce advanced microchips. Learn about responses by Taiwan, the largest producer of advanced microchips with TSMC (Taiwan Semiconductor Manufacturing Company), as well as the position of the European Union, itself dealing with ongoing negotiations to finalize the EU Chips Act. Dr. Aubié speaks to Satoko Naito, also of the Centre for East Asian Studies. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Egyptians often say that bread is life; most eat this staple multiple times a day, many relying on the cheap bread subsidized by the government. In Staple Security: Bread and Wheat in Egypt (Duke UP, 2022), Jessica Barnes explores the process of sourcing domestic and foreign wheat for the production of bread and its consumption across urban and rural settings. She traces the anxiety that pervades Egyptian society surrounding the possibility that the nation could run out of wheat or that people might not have enough good bread to eat, and the daily efforts to ensure that this does not happen. With rich ethnographic detail, she takes us into the worlds of cultivating wheat, trading grain, and baking, buying, and eating bread. Linking global flows of grain and a national bread subsidy program with everyday household practices, Barnes theorizes the nexus between food and security, drawing attention to staples and the lengths to which people go to secure their consistent availability and quality.Jessica Barnes is Associate Professor in the Department of Geography and the School of Earth, Ocean, and Environment at the University of South Carolina. She is author of Cultivating the Nile: The Everyday Politics of Water in Egypt, also published by Duke University Press, and coeditor of Climate Cultures: Anthropological Perspectives on Climate Change.Amir Sayadabdi is a lecturer in Anthropology at Victoria University of Wellington. He is mainly interested in anthropology of food and its intersection with gender studies, migration studies, and studies of race, ethnicity, and nationalism. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Today I talked to Max Bazerman about his book Complicit: How We Enable the Unethical and How to Stop (Princeton UP, 2022).Remember Saturday Night Live’s satirical TV spot for Ivanka Trump’s perfume, Complicit? Talk about a timely topic. In what is Bazerman’s third book on ethics, the focus is on the people who surround an “evil” doer and enable or allow harmful behavior to occur. From the implosion of FTX under the funky leadership of Sam Bankman-Fried, to Elizabeth Holes at Theranos or Purdue Pharma and the Sacklers, there is always a large supporting cast of those who trade on privilege, defer to authority, or have their trust exploited. Indeed, in this interview Bazerman touches on seven different profiles in complicity that serve as a counterpoint to JFK’s book, Profiles in Courage. What solutions does Bazerman offer? Besides changing the culture of an institution or company, one particular way forward is to amass co-whistleblowers by creating “informal escrows” so that the victims of perpetrators like Harvey Weinstein don’t have to go it alone in raising what might politely be called “legitimate concerns.”Max Bazerman is the Jesse Isidor Straus Professor of Business Administration at Harvard Business School. Besides being the author of books like Blind Spots and Decision Leadership and an expert on the art of negotiations, he describes himself as a “gritty city kid from Pittsburgh.”Dan Hill, PhD, is the author of ten books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). His newest book is Emotionomics 2.0: The Emotional Dynamics Underlying Key Business Goals. To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Venkatesh Rao is a writer and consultant based in Los Angeles. The bulk of his consulting practice comprises 1:1 work with senior executives as a conversational sparring partner, to stress test and improve the rigor and quality of their ongoing thinking about their evolving challenges.The Art of Gig is a two-volume guide to the modern gig economy, with particular emphasis on independent consulting. It is intended to serve as a philosophical companion for a life of free agency and help you develop a sensibility of work attuned to both the poetry and practicalities of life beyond paychecks. The essays included in these volumes were originally published over two years in a weekly email newsletter. They have been carefully updated, sequenced, and structured for this compilation. This first volume, Foundations, comprises thirty-two essays that aim to help you develop a solid grasp of the fundamentals of surviving and thriving in the gig economy. Topics include: getting oriented, bootstrapping, managing perceptions, mental fitness, and sparring with executives.The second volume, Superstructures, covers themes that become salient once strong foundations are in place.You can find Venkatesh at ribbonfarm.com, venkateshrao.com, on Twitter @vgr, and on Substack at https://studio.ribbonfarm.com/. Joseph Fridman is a researcher, science communicator, media producer, and educational organizer. You can follow him on Twitter @joseph_fridman, or reach him at his website. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How can we build greener infrastructure in the face of the global climate emergency? In Trade Winds: A Sailing Voyage to a Sustainable Future for Shipping (Manchester UP, 2023), Christiaan De Beukelaer, a Senior Lecturer in Arts and Cultural Management at the University of Melbourne intertwines an depth analysis of modern shipping, with a memoir of being aboard a sailing ship during the 2020 pandemic. The book is a fascinating read, with both an extensive critique of the failures of the global shipping and trade system to be sustainable, as well as offering moving insights into a unique experience of a very different form of 2020’s lockdown. Concluding with both the return to land, and a detailed consideration of how shipping, trade, and the world might adapt to the climate crisis, the book is essential reading for anyone interested in a sustainable future for the planet.Dave O'Brien is Professor of Cultural and Creative Industries, at the University of Sheffield. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How useful will nuclear fusion be? In a major breakthrough last year at the National Ignition Facility in California, 192 lasers achieved fusion – and created energy - for the first time. It was clearly an important moment. But might the development of fusion technology come too late? Owen Bennett Jones speaks with Sharon Ann Holgate, author of Nuclear Fusion: The Race to Build a Mini Sun on Earth (Icon Books, 2022).Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Hello, world! This is the Global Media & Communication podcast series.In this episode, our co-hosts Aswin Punathambekar and Jing Wang discusses the book Platforms and Cultural Production (2021) by Thomas Poell, David B. Nieborg, and Brooke Erin Duffy.You’ll hear about: How this collaborative project came about, given each of the authors has distinct interests and disciplinary orientations; Given the two keywords of “platforms” and “cultural production,” how did the authors make sense of these keywords in relation to broader processes of digital infrastructures and imaginaries; How three key sections – social media, games, and journalism – were identified by the authors to explain the idea of “platformization”; How the platforms work as multi-sided markets and the approaches to account for the dynamism and lifecycles at work in platform economies; A discussion of Twitter as a useful case of platformization to grasp the challenges of platform governance; Why the authors chose to specifically focus on the role and agency of cultural producers; How to study cultural practices in various platforms across a wide variety of sociopolitical contexts in both Global North and South; The structural inequalities of platform economies, the precarity of the platform-dependent labor market, and the efforts of cultural producers to face insecurity; The cultural meanings of “creativity” and “authenticity” and the tension between the profit-driven platform logic and the individual search for belonging in social media such as TikTok; The relevance of cultural production and platforms to understanding the present and future of democratic governance and civic life in the post-truth era; The next collaborative project, such as a second volume, conferences, and research networks. About the bookPoell, Nieborg, and Duffy explore both the processes and the implications of platformization across the cultural industries, identifying key changes in markets, infrastructures, and governance at play in this ongoing transformation, as well as pivotal shifts in the practices of labor, creativity, and democracy. The authors foreground three particular industries – news, gaming, and social media creation – and also draw upon examples from music, advertising, and more. Diverse in its geographic scope, Platforms and Cultural Production builds on the latest research and accounts from across North America, Western Europe, Southeast Asia, and China to reveal crucial differences and surprising parallels in the trajectories of platformization across the globe. You can find the book from Polity Press HERE.Authors:Thomas Poell is Professor of Data, Culture & Institutions at the University of Amsterdam, program director MA Media Studies, and director of the Research Priority Area on Global Digital Cultures.David B. Nieborg is Associate Professor of Media Studies at the University of Toronto Scarborough with a graduate appointment at the Faculty of Information.Brooke Erin Duffy is Associate Professor in the Department of Communication at Cornell University, where she is also a member of the Feminist, Gender, and Sexuality Studies faculty.Co-Hosts: Aswin Punathambekar is Professor of Communication and Director of the Center for Advanced Research in Global Communication at the Annenberg School for Communication, University of Pennsylvania. Jing Wang is Senior Research Manager at CARGC at the Annenberg School for Communication, University of Pennsylvania.Editor & Producer: Jing Wang Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics