New Books in Economics

In Black Market Capital Urban Politics and the Shadow Economy in Mexico City (University of California Press, 2018), Andrew Konove traces the history of illicit commerce in Mexico City from the seventeenth century to the twentieth, showing how it became central to the economic and political life of the city. The story centers on the untold history of the Baratillo, the city’s infamous thieves’ market. Originating in the colonial-era Plaza Mayor, the Baratillo moved to the neighborhood of Tepito in the early twentieth century, where it grew into one of the world’s largest emporiums for black-market goods. Konove uncovers the far-reaching ties between vendors in the Baratillo and political and mercantile elites in Mexico City, revealing the surprising clout of vendors who trafficked in the shadow economy and the diverse individuals who benefited from their trade. Andrew Konove, he is Associate Professor of History at the University of Texas, San Antonio. He is Ph.D. in History by Yale University and his research focuses on the political, economic, and social history of urban Mexico and Spanish America in the late colonial and early national periods. Konove's Black Market Capital Urban Politics and the Shadow Economy in Mexico City received the Social Science Book Prize from the Mexico Section of the Latin American Studies Association and was a finalist for the Business History Conference’s Hagley Prize.Paula De La Cruz-Fernandez is an economic and business historian. She is also the CEO of Edita. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In this podcast Michael Blakey describes how as a strongly dyslexic child his relationship with schooling and formal education was very challenging. He credits his parents with putting him in environments where he developed a lot of resilience - going to boarding schools from the age of seven, and only later in life realising that this was unusual. His early experiences retailing sweets and vodka at school, led to large scale warehouse parties in the US, flipping real estate in London and making enough money to start a seed fund with his brother. We learn about his habit of acting first, and then figuring things out, how he wants both financial success and impact, the questions he asks when trying to decide who to invest in, and how not to approach him.About Michael BlakeyMichael’s entrepreneurial journey started when he was young. He supported his way through college, in the US, by running a number of events in the city. Michael loves buildingthings – including companies. Michael attributes his atypical journey to becoming a successful entrepreneur-turned-investor to having struggled for years in school, owing to his dyslexia. As a result, he was always on the lookout for ways to succeed outside of school. In turn, it is exactly this kind of differentiation and drive that he looks for in Founders as an investor today.In 2000 he founded Avonmore Developments, with his brother Simon, to invest in early-stage companies across UK. Since then, they have invested in over 40 companies and have achieved 11 successful exits to date.In 2013 he moved to SE Asia and set-up Cub Capital that has invested in 12 early-stage companies across the region including Anchanto, Quincus and MyDoc. He has already achieved 1 exit with Crème Simon. Most recently, Michael co-founded Cocoon Capital, an early-stage VC fund, which is looking to invest in enterprise and deep tech companies throughout SE Asia. To date Cocoon has invested in 20 companies including Sensorflow, See-Mode and Buymed. As is his want the structure of Cocoon is very different than your typical fund, as his entrepreneurial spirit always wants him to challenge the status quo.During Michael’s career he’s been named ‘UK Angel Investor of the Year 2015’ by the UK Business Angel Association, selected as one of the ‘Maserati 100’ and voted by AngelsNews into the list of ‘Business Angels You Should Know’. These accolades were not attributed toMichael only in recognition of his successful investments, but for the relentless support he gives to the founding and management teams of the companies he invests in as well as his generous contributions over the years towards building the start-up and investor ecosystems in the UK and now SE Asia.The NBN Entrepreneurship and Leadership podcast aims to educate and inform, sharing insights based on the personal story of our carefully selected guests aiming for the atmosphere of an informal conversation in a bar or over a cup of coffee. 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 Kim Scott about her new book Just Work: Get Sh*t Done, Fast & Fair (St. Martin's Press, 2021). Kim Scott and her fellow guest on this episode, Trier Bryant, co-founded the company Just Work to help organizations and individuals create more equitable workplaces. Scott was a CEO coach at Dropbox, Qualtrics, Twitter, and other tech companies. She was a member of the faculty at Apple University and before that led various teams at Google. Bryant has been a leader at Goldman Sachs, Twitter, Astra, and proudly served in the United States Air Force as a Captain, leading engineering teams.Every situation where somebody gets harmed at work—socially, emotionally, physically—involves the person harmed, an upstander (observer), the bully, and ultimately the leader who should be nurturing a better workplace where justice presides. How to handle those situations, and the difference between bias vs. prejudice is central to this episode. Along the way, the discussion touches on having a Code of Conduct at work; whether and how HR can be helpful; and a clear gender split given the reality that 70% of office bullies are men, whereas 60% of those bullied are women.Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). 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

The Emergence of Modern Hospital Management and Organisation in the World 1880s-1930s (Emerald, 2021) uses a range of empirical evidence and case studies drawn from previously unpublished archival sources to offer one of the first international comparative studies on the transformation and modernization of hospital management globally, a century ago.Focusing on the key years between the 1880s and the 1930s, when millions of people crossed the globe and created new large health care needs in the largest cities of the world, Paloma Fernández-Pérez analyzes core themes from a business history perspective, like organization, ownership and the professionalization of management, to reach a new understanding about the history of modern large scale healthcare institutions from the United States to China, with particular attention to Spain.Paloma Fernández Pérez (PhD. in History University of California, Berkeley) is Professor of Economic History at the University of Barcelona. She is currently also a member of the Academic Board of the Emerging Markets Institute of the University of Cornell and an Invited Project Professor of the University of Kyoto in Japan. She is the founder, and coeditor in chief of the Journal of Evolutionary Studies in Business recently accepted for indexation in the Scopus database of journal Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Szymon Słupik regards himself as lucky. He tells us how he made enough money by the time he was 35 that he would never have to work again. We learn how growing up in communist Poland taught him to be enterprising, at ease with taking risks, and being open to opportunities, which he took time after time. He believes that the challenges of starting a business in 2021 are child’s play compared to how things used to be for those who experienced communism . His trenchant views on thinking long term, focussing on quality, and working with passion and focus on things that he believes in are ones from which we can all learn.Szymon is an entrepreneur with a strong technology background in IT and Electronics. Szymon is a CTO at Silvair, the company he co-founded in 2011. Szymon is also chairing the Mesh Working Group at Bluetooth Special Interest Group. Silvair develops technology for low power wireless device networks based on the Bluetooth mesh standard. The company has been the key contributor to the standard itself, driving it sinceinception in 2014 to formal adoption of version 1 in 2017, as well as the evolution of future releases. SIlvair is a Delaware company, publicly traded on the Warsaw Stock Exchange (WSE:SVRS). Szymon’s previous companies were CDN (acquired by Comarch in 2004) and Wind Mobile (acquired by Ailleron in 2009). At Silvair Szymon is focused on long term projects which aim at solving difficult problems, contribute to improved quality of life and deliver lasting value. He strongly believes Bluetooth mesh is the winning standard for the Internet of Things and will enable significant energy savings globally as well as proliferation of modern food production technologies such as vertical farms.Since 2005 Szymon has been running a weekly blog at https://headworx.slupik.com He can also be reached on LinkedIn at https://linkedin.com/in/slupik. https://silvair.com/The NBN Entrepreneurship and Leadership podcast aims to educate and inform, sharing insights based on the personal story of our carefully selected guests aiming for the atmosphere of an informal conversation in a bar or over a cup of coffee.Follow our channels on Facebook Linkedin Twitter and watch the interview on Youtube hereAbout the NBNThe New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. Watch this episode on Youtube here. About Kimon Fountoukidis Twitter LinkedinKimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here,About Richard Lucas Twitter LinkedinRichard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

This year, more than 40 books will be published in English with 'Neoliberal' or 'Neoliberalism' in the title. For many in the academy, these words have become interchangeable with “capitalist”, “laissez-faire”, “fiscally austere” or pretty much anything short of full socialism.Yet, when it was first coined by self-proclaimed neoliberals on either side of the second world war, the term had a specific meaning that has since been lost in a culture-war of words. By taking us back to neoliberalism’s embryonic debates in 1920s Vienna and a fly-on-the-wall account of the movement’s founding conference in the Swiss Alps in 1947, Ola Innset brings neoliberalism's specific "dual argument" to life. Ola Innset is a postdoctoral researcher at the BI Norwegian Business School in Oslo. He has published three other books in Norwegian - the most recent being The Market Turn, a history of neoliberalism in Norway. Reinventing Liberalism: The Politics, Philosophy and Economics of Early Neoliberalism (1920-1947) (Springer, 2021), which is based on a PhD thesis for which he won the 2019 Joseph Dorfman Dissertation Prize from the History of Economics Society, is his first book in English.*The author's own book recommendations are Family Values: Between Neoliberalism and the New Social Conservatism by Melinda Cooper (Zone Books, 2017) and the Outline trilogy by Rachel Cusk (Faber & Faber, 2018-19).Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. 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 Mathew Sweezy about his new book The Context Marketing Revolution: How to Motivate Buyers in the Age of Infinite Media (Harvard Business Review Press, 2020).Mathew Sweezey is Principal of Marketing Insights for Salesforce. His work has appeared in leading publications such as AdAge, Forbes, Brand Quarterly, The Economist, and The Observer. He’s also the author of Marketing Automation for Dummies.On June 24, 2009, we entered the era when private individuals became the largest producers of media in the world, eclipsing businesses and traditional media outlets. A perfect case-in-point is Tesla, which follows a market-sell-build-market (some more) model that engages customers with a greater purpose (weaning us off fossil fuels) and invites customers to co-create the cars they want. Tesla spends about $6 on advertising per car it sells, versus the nearly $1,000 that Mercedes-Benz spends per car sold. This episode explores the Tesla example, how Gen I members want to be “influencers” as their dream job, and what it means to have conversations with consumers rather than interrupt them with ads.Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). 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

Digitization is reshaping creative industries. Old gatekeepers in music, publishing, television, movies, and other industries no longer play such an important role, and digital piracy makes it easy for consumers to avoid paying companies, artists, and writers for what they produce. On the other hand, independents can now cheaply produce and distribute creative works both to niche and mass market audiences.In Digital Renaissance: What Data and Economics Tell Us about the Future of Popular Culture (Princeton UP, 2020), Economist Joel Waldfogel uses data about the quantity, quality, and mass appeal of these works to make the case that this has on balance made us all better off, resulting in a digital renaissance.In this interview, we discuss the findings in his book and how he arrives at them. I also get his perspective on some developments since his book came out, like the rise of Spotify, non-fungible tokens (NFTs), and the impact of the pandemic on digitization. He also unwittingly gives me the opportunity to tell everyone with an Amazon device in the house to say “Alexa, Beethoven’s pathetic!” and enjoy the result.If you want to buy the NFT for Waldfogel’s famously Scroogey paper “The Deadweight Loss of Christmas,” he is open to bids and promises to donate the proceeds to charity, unlike Scrooge. You can also follow him on Twitter.Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The emergence of individual and commercial insurance in Early Modern Europe required an understanding of probability. In Probable Justice: Rethinking the Politics of Risk (U Chicago Press, 2020), Rachel Friedman highlights the political thinking that developed side by side with the advances in statistical methods. By the 20th century, small scale, group insurance had become national programs with profound political implications. Friedman's work traces how what she calls probabilistic social insurance played a key role in the emergence of the modern welfare state. And we discuss where we go from here, post-pandemic, when all insurances systems have been put to the test.Daniel Peris is Senior Vice President at Federated Hermes in Pittsburgh. He can be reached at DanielxPeris@gmail.com or via Twitter @HistoryInvestor. His History and Investing blog and Keep Calm & Carry On Investing podcast are at https://strategicdividendinves... Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Renato describes his accidental journey into entrepreneurship, the many mistakes and near disasters on his road to business success. We learn about the importance of being the guy who says “Yes”, and then figuring out how to to get things done. Anyone listening can learn from his journey, the importance of finding opportunities in setbacks, and being able to create the right impression.About our guestRenato Beninatto is recognized as an expert in the translation, localization, interpretation, and language services industry. Renato has served on the executive teams for some of the localization industry’s most prominent companies and founded two market research and consulting companies in the language services space. Renato is the author of three books on global business and founded Nimdzi to provide insights to investors, analysts, buyers and suppliers of Language Services.Nimdzi’s website https://www.nimdzi.comRenato’s Linkedin https://www.linkedin.com/in/renatobThe NBN Entrepreneurship and Leadership podcast aims to educate and entertain, sharing insights based on the personal stories of our carefully selected guests in the atmosphere of an informal conversation in a bar or over a cup of coffee.About the NBNThe New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. See this episode on Youtube here https://youtu.be/FwlNrcXoKd4About Kimon Fountoukidis Twitter LinkedinKimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here,About Richard Lucas Twitter LinkedinRichard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics