New Books in Economics

What does gentrification look like? Can we even agree that it is a process that replaces one community with another? It is a question of class? Or of economic opportunity? Who does it affect the most? Is there any way to combat it? In Gentrification is Inevitable and Other Lies (Verso, 2022), Leslie Kern travels from Toronto, New York, London, Paris, and San Francisco and scrutinises the myth and lies that surround this most urgent urban crisis of our times.First observed in 1950s London, and theorised by leading thinkers such as Ruth Glass, Jane Jacobs and Sharon Zukin, this devastating process of displacement now can be found in every city and most neighbourhoods. Beyond the Yoga studio, farmer’s market and tattoo parlour, gentrification is more than a metaphor, but impacts the most vulnerable communities. Kern proposes an intersectional way of looking at the crisis that seek to reveal the violence based on class, race, gender, and sexuality. She argues that gentrification is not natural. That it cannot be understood in economic terms, or by class. That it is not a question of taste. That it can only be measured only by the physical displacement of certain people. Rather, she argues, it is a continuation of the settler colonial project that removed natives from their land. And it can be seen today is rising rents and evictions, transformed retail areas, increased policing, and broken communities.But if gentrification is not inevitable, what can we do to stop the tide? In response, Kern proposes a genuinely decolonial, feminist, queer, anti-gentrification. One that demands the right to the city for everyone and the return of land and reparations for those who have been displaced.Louisa Hann recently attained a PhD in English and American studies from the University of Manchester, specialising in the political economy of HIV/AIDS theatres. She has published work on the memorialisation of HIV/AIDS on the contemporary stage and the use of documentary theatre as a neoliberal harm reduction tool. She is currently working on a monograph based on her doctoral thesis. You can get in touch with her at louisahann92@gmail.com. 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, Amy Edwards, author of Are We Rich Yet?: The Rise of Mass Investment Culture in Contemporary Britain (U California Press, 2022), provides a fascinating journey into her own research and how she built a picture of a key moment of the 20th century. As a result, she brings together different strands of work such as cultural, business, economic and financial history. The book and podcast will be of interest to anyone old enough to remember the 1980s or whose current life has been shaped by that decade.References to other works discussed in the podcast:Allon, Fiona. 2014. "The Feminisation of Finance", Australian Feminist Studies, 29:79, 12-30, DOI: 10.1080/08164649.2014.901279Chatelain, Marcia. 2020. Franchise: The Golden Arches in Black America. Liverlight. NBN Interview by Amanda Joyce here.Effosse, Sabine. 2021. “Financial Empowerment for Married Women in France.” Quaderni Storici 166: 117-141. doi: 10.1408/101558Martínez-Rodríguez, Susana (2022). “DIANA (1969-1978): The First Women´s Finance Magazine in Spain” Feminist Media Studies (early view). NBN Interview by Paula de la Cruz here.  Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Should you train your kid to become a pro athlete? Why do Koreans dominate women’s golf? Why should ticket scalpers get more respect? Why are pro sports plagued by doping scandals and ruinous strikes? Learn the answers to these questions and more in my conversation with author Paul Oyer and sports economist Daniel Rascher about Paul’s new book An Economist Goes to the Game: How to Throw Away $580 Million and Other Surprising Insights from the Economics of Sports (Yale UP, 2022).Author Paul Oyer is the Mary and Rankine Van Anda Entrepreneurial Professor, professor of economics, and senior associate dean for academic affairs at the Stanford University Graduate School of Business. His academic research studies the economics of organizations and human resource practices, including the use of stock options plans, non-cash benefits, and the development of the gig economy. His previous books include Roadside MBA, which extracts business lessons from the experiences of small businesses across the US, and Everything I Ever Needed to Know about Economics I Learned from Online Dating which recommends that students stop taking economics classes and spend more time on Tinder (at least I think that’s what it’s about, based on the title—I haven’t read that one yet).To supplement my ignorance, I’m joined on this podcast by my colleague Daniel Rascher. Dan is Professor and Director of Academic Programs for the Sport Management program at the University of San Francisco, where he teaches sports economics and business research methods. As President of SportsEconomics, his clients have included organizations involved in the NFL, MLB, NBA, NHL, MLS, PGA, NCAA, AHL, sports media, minor league baseball, Formula One racing, CART, Premier League Football, local sports commissions, and various government agencies. He has authored articles for academic and professional journals, book chapters, and a text book in the sport management and economics fields.Host Peter Lorentzen is Chair of the Department of Economics at the University of San Francisco, where he leads a new Master's program in Applied Economics focused on the digital economy. His research examines the political economy of governance in China. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In the 1960s and 1970s, the exposure of Big Tobacco’s aggressive lobbying and internal efforts to obscure science showcasing the harmful effects of smoking changed U.S. public opinion of the industry and of product safety protocols, both of which had largely obscured these harms from public view for decades. Public awareness grew, triggering regulation on disclosure related to political influencing strategies, marketing tactics, and transparency regarding the devastating toll of tobacco products on many communities, including and especially children. As similar approaches to assessing the public health impacts of Big Oil and Big Pharma, among other industries, have gained traction in recent decades, Dr. Mélissa Mialon’s new book, Big Food & Co (Thierry Souccar Editions, 2021), adds the amalgamation of multinationals and transnational supply chains that make up Big Food, to that list.Rising health inequities across race, class, and geography are subtle, yet central themes throughout Dr. Mialon’s meticulous accounting of a complex puzzle in which the marketing and distribution strategies of soft drink companies and ultra-processed food manufacturers are quietly but steadily ushering in a new globalized era of related public health crises – measured by increasing rates of of diabetes, cancers, and heart disease, etc– a crisis that has long been felt in the United States.Whether branding t-shirts and games at summer camps in France for underprivileged children or blanketing entire streets in Mauritius with the unmistakable bright red and white flag of Coca-Cola, Dr. Mialon describes a taxonomy of commercial determinants of health common to nearly every example – whether multinational food companies’ policy advocacy in Colombia, public-private partnerships in Brazil, or culturally responsive branding for holidays in Southern Africa.Between academic research and investigative journalism, the survey of trends in Big Food’s operation, marketing, and regulatory capture, offered throughout the book are additionally grounds for laying out a policy roadmap with public health indicators at the center of a wide range of potential reforms including campaign finance and heightened disclosure protocols for public-private partnerships to mitigating conflicts of interest in scientific studies related to food, agriculture, and health, among many others.Dr. Mélissa Mialon is Associate Professor at Trinity College Dublin, in Ireland. She is a food engineer with a PhD in nutrition and co-coordinates the « Governance, Ethics and Conflicts of Interest in Public Health » (GECI-PH) network, based out of the American University of Beirut in Lebanon. Her research focuses on commercial determinants of health, and particularly on the practices used by corporations to influence public health policy, research and practice.Anna Levy researches and teaches on emergency, crisis, and development practice & politics at Fordham & New York Universities. She is the founder and principal of Jafsadi.works, a research collective focused on advancing structural and participatory accountability in non-profit, movement, multilateral, city, and policy strategies. You can follow her @politicoyuntura. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

As global governments and regulators set an agenda for net zero carbon emissions, the focus on Environmental, Social and Governance (ESG) criteria among investors, from pension scheme members to institutions, is on the rise.The ESG Investing Handbook: Insights and Developments in Environmental, Social and Governance Investment (Harriman House, 2022) is an indispensable guide to the history, developments and latest thinking into the future of ESG investing from some of the most influential names in the business.Featuring interviews with: Lisa Beauvilain, Director, Impax Asset Management Tony Burdon, CEO, Make My Money Matter Mark Campanale, Founder & Executive Chairman, Carbon Tracker Amy Clarke, Chief Impact Officer, Tribe Impact Capital Keith Davies, Chief Risk & Compliance Officer, Federated Hermes Ltd Bruce Davis, co-founder, Abundance Investment Ingrid Holmes, Director, Green Finance Institute Yan Swiderski, co-founder, Global Returns Project Richard Wilson, CEO interactive investor The Baillie Gifford Global Stewardship Team Expert Editor, Becky O’Connor covers the big questions and key themes, such as the effectiveness of divestment versus engagement strategies for promoting positive change as well as difficult topics, such as greenwash.John Emrich has worked for decades in corporate finance, business valuation and fund management. He has a podcast about the investment advisory industry called Kick the Dogma. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In Our Long Walk to Economic Freedom: Lessons from 100,000 Years of Human History (Cambridge UP, 2022), Johan Fourie gives a new look to economic history from an African perspective while successfully addressing and engaging with a wide audience. During the interview, Fourie tells of the challenges to write such a project while also providing a global view of economic development.Bernardo Batiz-Lazo is currently straddling between Newcastle and Mexico City. You can find him on twitter on issues related to business history of banking, fintech, payments and other musings. Not always in that order. @BatizLazo. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Setting goals for the new year? Learning a language? Going for a run? Delivering food? Picking packages off a warehouse shelf for delivery? There’s a game for that. Or, at least, a gamified system designed to nudge you in a series of pre-programmed directions in the service of the state, techno-capitalist overlords, or any number of other groups and entities that chart the course of our hyper-connected, cutting-edge, dystopian 21st century lives. On this episode of Darts and Letters, guest host Jay Cockburn and our guests take us through the gamification of…everything.—————————-SUPPORT THE SHOW—————————-You can support the show for free by following or subscribing on Spotify, Apple Podcasts, or whichever app you use. This is the best way to help us out and it costs nothing so we’d really appreciate you clicking that button.If you want to do a little more we would love it if you chip in. You can find us on patreon.com/dartsandletters. Patrons get content early, and occasionally there’s bonus material on there too.——————-ABOUT THE SHOW——————For a full list of credits, contact information, and more, visit our about page. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

We are in the middle of a 'desirevolution' - a fundamental and political transformation of the way we desire as human beings. Perhaps as always, new technologies - with their associated and inherited political biases - are organising and mapping the future. What we don’t seem to notice is that the primary way in which our lives are being transformed is through the manipulation and control of desire itself.Our very impulses, drives and urges are 'gamified' to suit particular economic and political agendas, changing the way we relate to everything from lovers and friends to food and politicians. Digital technologies are transforming the subject at the deepest level of desire – re-mapping its libidinal economy - in ways never before imagined possible. From sexbots to smart condoms, fitbits to VR simulators and AI to dating algorithms, the 'love industries' are at the heart of the future smart city and the social fabric of everyday life.Alfie Bown's Dream Lovers: The Gamification of Relationships (Pluto Press, 2022) considers these emergent technologies and what they mean for the future of love, desire, work and capitalism.Rudolf Inderst is a professor of Game Design with a focus on Digital Game Studies at the IU International University of Applied Science. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress.Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions:  Who benefits from a cashless society and who gets left behind?  Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic’s Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin.Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Money does strange things to people, as Annah Lake Zhu notes in her latest book Rosewood: Endangered Species Conservation and the Rise of Global China (Harvard University Press: 2022)In Madagascar, loggers, flush with cash from the rosewood trade, don’t quite know how to react to their newfound largesse, sometimes demanding less money for their wares out of confusion. Rumors abound of how loggers make their money. There’s no way that simple wood could garner so much profit, people say, so observers think they must be trading something else–like human bones.Annah’s book studies globalization, the rise of China, and global environmental politics through trade in one commodity: Madagascar rosewood, used in furniture. In this interview, Annah and I talk about this important material–the commodity, the cultural product, and the conservation target–in China and Madagascar.Annah Lake Zhu is Assistant Professor of Environmental Policy at Wageningen University in the Netherlands, a veteran of the United Nations Environment Programme in Geneva, and a former Peace Corps volunteer in Madagascar. Her work has been published in Science, Geoforum, and Political Geography.You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of Rosewood. 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/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics