New Books in Economic and Business History

Making War Safe for Capitalism: The World Bank, IMF, and the Conflict in Ukraine (Bristol UP, 2025) by Dr. Elliot Dolan-Evans examines the impact of World Bank and International Monetary Fund (IMF) economic restructuring programmes during active conflicts. Using a critical political economy perspective, the book explores how these restructuring efforts affect vulnerable communities’ survival amid violence. Chapters provide a detailed case study of Ukraine during the War in Donbas, analysing the controversial reforms in agriculture, gas and pension sectors. The resulting analysis offers valuable insights into how these reforms have influenced Ukraine’s political economy and the survival of conflict-affected populations since the 2022 Russian invasion. This interview was conducted by Dr. Miranda Melcher whose 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. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the heyday of Islamic art collecting around the turn of the twentieth century, thousands of premodern ceramic objects circulated on the international antiquities market. Invisible Hands: Fabrication, Forgery, and the Art of Islamic Ceramics (Princeton University Press, 2026) tells the story of how traditional craft skills of the Islamic world, often thought to have died out with the advent of industrialization, were redirected toward a thriving new market in the colonial era: the fabrication and fictionalizing of antiquities, especially ceramics.In this stunning work of art history, Dr. Margaret Graves shakes the foundations of the discipline, challenging us to reconsider what is and is not art. She traces how sophisticated fabrications—as modern as they were believed to be medieval—moved within an international network of diggers, dealers, and collectors who took advantage of a largely unregulated marketplace to exchange and amass objects that were fabulous in every sense of the word. She looks at canonical artworks as well as many previously unpublished and rarely seen objects, shedding light on the astonishingly varied ways Islamic ceramics were altered and remade by highly skilled craftspeople to meet the demands of Western collectors. Shifting away from the moralizing stance of past studies on reconstructed Islamic ceramics, Dr. Graves shows how fabrication and forgery became a major site of participation in modern global capitalism and establishes an entirely new paradigm in the history of art.Drawing on a substantive new body of provenance research, archaeology, economic history, and laboratory analysis, Invisible Hands centers previously marginalized objects, reframing the practices of fabrication and forgery as crucial forms of invention and artistic skill worthy of study and admiration. This interview was conducted by Dr. Miranda Melcher whose 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. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

A provocative book arguing that the workplace is where we learn to live democratically. In The Pandemic Workplace: How We Learned to Be Citizens in the Office (U Chicago Press, 2024) anthropologist Ilana Gershon turns her attention to the US workplace and how it changed—and changed us—during the pandemic. She argues that the unprecedented organizational challenges of the pandemic forced us to radically reexamine our attitudes about work and to think more deeply about how values clash in the workplace. These changes also led us as workers to engage more with the contracts that bind us as we rethought when and how we allow others to tell us what to do. Based on over two hundred interviews, Gershon’s book reveals how negotiating these tensions during the pandemic made the workplace into a laboratory for democratic living—the key place where Americans are learning how to develop effective political strategies and think about the common good. Exploring the explicit and unspoken ways we are governed (and govern others) at work, this accessible book shows how the workplace teaches us to be democratic citizens. Our guest Ilana Gershon is a US focused anthropologist with broad interests in political and legal anthropology, linguistic and media anthropology, science and technology studies, and the anthropology of work She is the Herbert S. Autrey Chair of Anthropology and the Co-Director of the Program in Science and Technology Studies at Rice University. I am joined in this episode by my co-producer Julie Smith, a Master's student in the Department of Communication at Oakland University.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In Money and Promises: Seven Deals That Changed the World, the distinguished banker, executive, and historian Paolo Zannoni examines the complex relationship between states and banks that has changed the world. Drawing on in-depth archival research, he explores seven case studies: the republic of Pisa, seventeenth-century Venice, the early years of the Bank of England, imperial Spain, the Kingdom of Naples, the nascent United States during the American Revolution, and Bolshevik Russia in 1917 through 1923. Zannoni also tells the story of how the Continental Congress established the first public bank in North America, exploring the roles of Thomas Jefferson, Benjamin Franklin, and Alexander Hamilton. Spanning many countries, political systems, and historical eras, this book shows that at the heart of these institutions is an intricate exchange of debts and promises. Learn more about your ad choices. Visit megaphone.fm/adchoices

How have jobs changed in the last 150 years? In The Division of Rationalized Labor (Harvard UP, 2025) Michelle Jackson, an Associate Professor in the Department of Sociology at Stanford University examines the original theories about the division of labour and explains why many predictions about the future of work did not emerge. Drawing on detailed case studies of medicine, law, education and manufacturing the book charts the intertwined rise of the sciences, the expansion of occupational responsibilities, and the increasing complexity of work. Theorizing the paradox of specialization, alongside detailed empirical analysis, the book is essential reading across the social sciences and for anyone interested in understanding work and occupations today. Learn more about your ad choices. Visit megaphone.fm/adchoices

PONG is one of the longest- and most consistently circulating video games. Released in 1972, it remains at our fingertips as Android or iOS app, hosted at freepong.org and the Internet Archive, and even released as A Tiny Game of Pong for the Apple Watch. Despite its simplicity and ubiquity, Atari’s PONG encapsulates far more than the history of a video game and an iconic game company. King PONG: How Atari Bounced Across Markets to Make Millions (MIT Press, 2026) is the first book dedicated to an unassuming game that changed the world. Through the prisms of product positioning, market development, and category creation, Professor Raiford Guins answers the question of why Atari’s inaugural product succeeded and why it endures.The author of Game After and Atari Design, and an excavator of the “Atari landfill” in New Mexico, Professor Guins brings us a unique history that reconsiders the launch of Atari’s PONG through the lens of the company’s business practices. He follows the young Silicon Valley startup from its early days of positioning its new product within the existing coin-op amusement industry to its establishment of a consumer industry for home video games—a story of remarkable market development innovation. Written with a passion for video games and a historian’s insight, the book animates the business exploits of one of the fastest growing and most influential companies ever. This interview was conducted by Dr. Miranda Melcher whose 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. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

In README: A Bookish History of Computing from Electronic Brains to Everything Machines (MIT Press, 2025), historian Dr. Patrick McCray argues that in order for computers to become ubiquitous, people first had to become interested in them, learn about them, and take the machines seriously. A powerful catalyst for this transformation was, ironically, one of the oldest information technologies we have: books. The author uses a carefully chosen selection of books, some iconic and others obscure, to describe this technological revolution as it unfolded in the half-century after 1945. The book begins with a fundamental question: How does a new technology become well known and widespread? Dr. McCray answers this by using books as a window into significant moments in the history of computing, publishing, and American culture.README offers a literary history of computers and, more broadly, information technologies between World War II and the dot-com crash of the early 21st century. From the electronic brains and cybernetics craze of the 1940s to the birth of AI, the rise of the personal computer, and the internet-driven financial frenzy of the 1990s, books have proven a durable and essential way for people to learn how to use and think about computers. By offering a readable half-century of bookish history, README explains how computers became popular and pervasive. This interview was conducted by Dr. Miranda Melcher whose 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. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Industrial workers in Ukraine have a complex political lifeworld because their political action aimed at bringing radical social change coexists with a demobilizing stance that condemns all political participation as corrupt. This contradictory attitude to politics defines the character of populist mass mobilizations that shook Ukraine in 2004 and 2014, as well as the electoral overhaul of 2019 and the popular response to the Russian invasion in 2022. Based on three years of fieldwork in the city of Kryvyi Rih, the book focuses on the moral economy that constitutes the working-class and structures its relations with other social groups. The Making and Unmaking of the Ukrainian Working Class is written by Denys Gorbach, published in 2024 by Berghan Books. Denys Gorbach is a teaching and research adjunct at the University of Versailles-Saint-Quentin. Learn more about your ad choices. Visit megaphone.fm/adchoices

In The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations (Columbia Business School Publishing, 2025) Donald Chew profiles key figures in the development of modern corporate finance while emphasizing their counterintuitive lessons for shareholders, companies, and countries. He deals with such questions as: Why did the stagflation of the 1970s prove so painful and protracted? What explains the U.S. stock market’s forty-year run of 12 percent average annual returns? Why is Japan still mired in a decades-long recession? What accounts for the resilience of U.S. stock markets in the wake of COVID and the Fed’s interest rate hikes? Chew argues that answers to these questions lie ideas formulated and tested by finance scholars―notably, an efficient stock market in which prices reflect the long-run values of public companies and a market for corporate control that exerts pressure on management. Learn more about your ad choices. Visit megaphone.fm/adchoices

Auctions and the Consumption of Second-Hand Goods in Georgian England (Bloomsbury, 2026) by Dr. Sara Pennell & Professor Jon Stobart provides the first comprehensive examination of household auctions as the key mechanism for recirculating household goods through the 18th and early 19th century. Dr. Pennell and Dr. Stobart contextualise and historicise the importance of used goods to consumer choices, experiences and identities. They tell the stories of the people and things, as well as the broader processes, practices and attitudes that were bound up in the commercial recirculation of used goods through auctions.Auctions and the Consumption of Used Goods in Georgian England rebalances the historiography of second-hand consumption – currently dominated by used clothing and the sale of books, art and antiques – and brings second-hand into the mainstream of household consumption. It also explodes the twin myths that second-hand was the last resort of the poor and that it declined rapidly as Britain industrialised and the supply of new consumer goods increased. The book demonstrates that consumer motivations were far more complex than simple financial necessity and household auctions did not fade to the margins; they remained an important part of how households acquired a wide variety of goods and fulfilled a variety of consumer needs. This interview was conducted by Dr. Miranda Melcher whose 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. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices