New Books in Economic and Business History

Historian Louis Hyman, professor and director of the Institute of Workplace Studies at Cornell University’s School of Industrial and Labor Relations, talks about his book, Temp: How American Work, American Business, and American Dream Became Temporary, with Peoples & Things host Lee Vinsel. In this conversation, Hyman and Vinsel chat about how most mid-20th century secure jobs were possessed by white men, how temporary work began to rise after World War Two, and how all this led to the gig-based world we inhabit. Learn more about your ad choices. Visit megaphone.fm/adchoices

Barbadians were among the thousands of British West Indians who migrated to Cuba in the early twentieth century in search of work. They were drawn there by employment opportunities fueled largely by US investment in Cuban sugar plantations. Tell My Mother I Gone to Cuba: Stories of Early Twentieth-century Migration from Barbados (U West Indies Press, 2016) is their story. The migrants were citizens of the British Empire, and their ill-treatment in Cuba led to a diplomatic tiff between British and Cuban authorities. The author draws from contemporary newspaper articles, official records, journals and books to set the historical contexts which initiated this intra-Caribbean migratory wave. Through oral histories, it also gives voice to the migrants' compelling narratives of their experience in Cuba. One of the oral histories recorded in the book is that of the author's mother, who was born in Cuba of Barbadian parents.Dr. Sharon Milagro Marshall is an award-winning journalist and corporate communication professional from Barbados.Carmen Gomez-Galisteo, Ph.D. is a lecturer at Centro de Educación Superior de Enseñanza e Investigación Educativa (CEIE). Learn more about your ad choices. Visit megaphone.fm/adchoices

In Endangered Maize: Industrial Agriculture and the Crisis of Extinction (U California Press, 2022), historian Helen Anne Curry investigates more than a hundred years of agriculture and conservation practices to understand the tasks that farmers and researchers have considered essential to maintaining crop diversity. Through the contours of efforts to preserve diversity in one of the world's most important crops, Curry reveals how those who sought to protect native, traditional, and heritage crops forged their methods around the expectation that social, political, and economic transformations would eliminate diverse communities and cultures. In this fascinating study of how cultural narratives shape science, Curry argues for new understandings of endangerment and alternative strategies to protect and preserve crop diversity.Isobel Akerman is a History PhD student at the University of Cambridge studying biodiversity and botanic gardens. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the past 50 years, scholars across the social sciences have employed critical juncture analysis to understand how social orders are created, become entrenched, and change. In this book, leading scholars from several disciplines offer the first coordinated effort to define this field of research, assess its theoretical and methodological foundations, and use a critical assessment of current practices as a basis for guiding its future. Contributors include stars in this field who have written some of the classic works on critical junctures, as well as the rising stars of the next generation who will continue to shape historical comparative analysis for years to come. David Collier and Gerardo L. Munck's Critical Junctures and Historical Legacies. Insights and Methods for Comparative Social Science (Rowman & Littlefield, 2022) will be an indispensable resource for social science research methods scholars and students.Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is dental insurance so crummy? Why is pet insurance so expensive? Why does your auto insurer ask for your credit score? The answer to these questions lies in understanding how insurance works. Unlike the market for other goods and services—for instance, a grocer who doesn’t care who buys the store’s broccoli or carrots—insurance providers are more careful in choosing their customers, because some are more expensive than others.In Risky Business: Why Insurance Markets Fail and What to Do About It (Yale UP, 2023), Liran Einav, Amy Finkelstein, and Ray Fisman explore such issues as why insurers want to know so much about us and whether we should let them obtain this information; why insurance entrepreneurs often fail (and some tricks that may help them succeed); and whether we’d be better off with government-mandated health insurance instead of letting businesses, customers, and markets decide who gets coverage and at what price. With insurance at the center of divisive debates about privacy, equity, and the appropriate role of government, this book offers clear explanations for some of the critical business and policy issues you’ve often wondered about, as well as for others you haven’t yet considered.John Emrich has worked for decades years in corporate finance, business valuation and fund management. He has a podcast about the investment space called Kick the Dogma. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sociologist Juan Pablo Pardo-Guerra, a professor at University of California San Diego, talks about his book Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets with Peoples & Things host Lee Vinsel. The book traces the long, largely anonymous, and in some senses boring history of how experts applied computers to financial systems since the 1970s, creating a digital infrastructure of the trading world. The conversation also touches on Pardo-Guerra’s more recent work on how systems of quantitative metrics have been applied to the management of universities and what might be done about it. Learn more about your ad choices. Visit megaphone.fm/adchoices

Many of us have likely seen photos of the Aral Sea, and the rusted Soviet-era ships, sitting in the desert with no water in sight. The Aral Sea is now just 10% of its former volume, shrinking down from what was once the fourth-largest body of inland water in the world, after what writer Jeff Fernside calls “one of the worst human-caused environmental catastrophes.”Jeff traveled to the region as a Peace Corps volunteer. Afterward, he turned his experiences into an essay collection, Ships in the Desert (Santa Fe Writers Project: 2022), where Jeff writes about the families he met, his thoughts on missionaries, and his visit to the Aral Sea, where he saw “a fleet of rusting Soviet fishing ships, hammer and sickle still clearly discernible on many, sitting bolt upright in desert sands as if plowing through ocean waves.”Jeff Fearnside is the author of the short-story collection Making Love While Levitating Three Feet in the Air (Stephen F. Austin State University Press: 2006), which won the 2005 SFWP Awards Program. He is also the author of the chapbook A Husband and Wife Are One Satan (Orison Books: 2021), winner of the Orison Chapbook Prize. His work has appeared in literary journals and anthologies such as The Paris Review, Los Angeles Review, Story, and many others.In this interview, Jeff and I talk about what inspired his essays, including what he saw in the barren Aral Sea.You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of Ships in the Desert. Follow on Twitter at @BookReviewsAsia.Nicholas Gordon is an associate editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices

Historian Hanna Rose Shell, a professor at University of Colorado, Boulder, talks about her book Shoddy: From Devil’s Dust to the Renaissance of Rags with Peoples & Things host Lee Vinsel. Along the way, Shell raises a number of important and interesting things, including the long history of reuse and recycling and how forms of technology and work become tied to social status. With shoddy, it was the anxieties of low class, low social status work and poverty. Shell also discusses how individual technologies become mirrors for the worries, fears, hatreds, and other feelings of society – how when we look into the history of any technology we often see ourselves reflected back. Learn more about your ad choices. Visit megaphone.fm/adchoices

Science and Technologies scholar Lilly Irani talks her book, Chasing Innovation: Making Entrepreneurial Citizens in Modern India, with Peoples & Things host Lee Vinsel. Irani’s work examines the ideological role that ideas of “innovation” and “entrepreneurship” have played in India and the people who are left behind by such visions. Irani and Vinsel also discuss her other work and activism focusing on the politics of the Bay Area in California, including organization against the digital technology industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

The election of Donald Trump in 2016 shocked and appalled a number of people, forcing a critical reevaluation of what was possible, and what we ought to be vigilant about. A debate soon emerged about whether Trump represented the possibility of fascism in the United States. This debate centered around the ways in which fascism has often presented itself; the rhetoric and aesthetics in particular, often at the expense of examining the underlying economic form. Against this tendency, Michael Joseph Roberto has emerged with a corrective, The Coming of the American Behemoth: The Origins of Fascism in the United States, 1920-1940 (Monthly Review Press, 2018), arguing that fascism is not composed of moral relics of the past but is a distinctly modern movement, tied inherently to the nature of capitalism.Turning to the United States in the roaring 20’s and depressed 30’s, Roberto has several interlinked tasks. Primary to the book is reframing our understanding of fascism as a reaction against revolutionary working class politics. It is an attempt by the bourgeois to maintain order in society via use of the state or various cultural apparatuses such as advertising to maintain political discipline. The United States, being the most advanced capitalist country in the world, is not only not immune to this sort of movement, but is uniquely vulnerable, and that vulnerability has not gone away in our times. To argue this, Roberto not only examines Marx’s Capital, but a whole series of texts written in the period he’s examining to show that his conclusions are not terribly new; they’ve simply been forgotten. The result is a study that combines history, economics and cultural analysis to produce a much-needed corrective to our understanding of what fascism is and how we might fight it.Michael Joseph Roberto is a retired history professor. He has also worked as a journalist and political activist in North Carolina. His writing has appeared in a number of places, including The Monthly Review and Socialism and Democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices