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The Economic History podcast is a platform for sharing knowledge, ideas and new research with a general interest audience. Each fortnight, we meet leading academics in the field and discuss a range of topics, including pandemics, long run economic growth, gender issues, financial crises, inequality, sustainable development and a number of weird and fun economic experiments in history. There is no time like the past to help us understand the present.
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Murray Rothbard died before he could write the third volume of his famous History of Economic Thought, which would cover the birth and development of the Austrian School, through the Keynesian Revolution and Chicago School. With this six-lecture course, however, the History of Economic Thought is complete. Download the complete audio of this event (ZIP) here.
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איך כלכלנים חושבים על אנשים? האם הם נסמכים על עובדות או מונעים מאידיאולוגיה? האם הם מושפעים מאופנות או נאמנים לעקרונות מדעיים? וכיצד האופן בו הם חושבים ומבינים בני אדם משפיע על ההמלצות למדיניות? או במילים אחרות: על החיים שלנו? הפודקאסט הזה מספר את סיפור חייו של המין הכלכלי, הרעיון המהפכני שאיפשר לתאר את האדם כיצור כלכלי. נשמע כיצד לאורך ההיסטוריה הסתכלו כלכלנים על האדם באופנים שונים, וכיצד אופנים אלה הושפעו ממגמות חברתיות, מדעיות, פוליטיות וכלכליות. אבל הסיפור המענין במיוחד הוא כיצד האופן בו ...
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Economics sometimes feels like a physics–so sturdy, so objective, and so immutable. Yet, behind every clean number or eye-popping graph, there is usually a rather messy story, a story shaped by values, interests, ideologies, and petty bureaucratic politics. In Cited Podcast’s new mini-series, the Use and Abuse of Economic Expertise, we tell the hid…
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Sequels, reboots, franchises, and songs that remake old songs—does it feel like everything new in popular culture is just derivative of something old? Contrary to popular belief, the reason is not audiences or marketing, but Wall Street. In this book, Andrew deWaard shows how the financial sector is dismantling the creative capacity of cultural ind…
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Critical Insights on Colonial Modes of Seeing Cattle in India: Tracing the Pre-history of Green and White Revolutions (Springer 2024) traces the contours of the symbiotic relationship between crop cultivation and cattle rearing in India by reading against the grain of several official accounts from the late colonial period to the 1980s. It also ski…
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A radical new reading of eighteenth-century British theorist Thomas Robert Malthus, which recovers diverse ideas about subsistence production and environments later eclipsed by classical economics With the publication of Essay on the Principle of Population and its projection of food shortages in the face of ballooning populations, British theorist…
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Electrifying Indonesia: Technology and Social Justice in National Development (U Wisconsin Press, 2023) tells the story of the entanglement of politics and technology during Indonesia's rapid post-World War II development. As a central part of its nation-building project, the Indonesian state sought to supply electricity to the entire country, brin…
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What is the future of the film industry? In Mobile Hollywood Labor and the Geography of Production (U California Press, 2024), Kevin Sanson, Professor of Media Studies and Head of the School of Communication at Queensland University of Technology, examines the way Hollywood film production has become a global industry. The book theorises Hollywood …
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In the early 1980s, Walt Disney Productions was struggling, largely bolstered by the success of its theme parks. Within fifteen years, however, it had become one of the most powerful entertainment conglomerates in the world. Staging a Comeback: Broadway, Hollywood, and the Disney Renaissance (Rutgers University Press, 2023) by Dr. Peter Kunze argue…
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In Hispano Bastion: New Mexican Power in the Age of Manifest Destiny, 1837-1860 (University of New Mexico Press, 2023), historian Dr. Michael J. Alarid examines New Mexico's transition from Spanish to Mexican to US control during the nineteenth century and illuminates how emerging class differences played a crucial role in the regime change. After …
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"With the benefit of hindsight, it is clear that 1949 was actually the beginning, not the end, of the Chinese revolution." Building from this premise, Andrew G. Walder's new book looks at the ways that China was transformed in the 1950s in order to understand why and how Mao's decisions and initiatives - among those of other leaders - had the effec…
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In the nineteenth and twentieth centuries, a handful of powerful European states controlled more than a third of the land surface of the planet. These sprawling empires encompassed not only rainforests, deserts, and savannahs but also some of the world’s most magnificent rivers, lakes, marshes, and seas. Liquid Empire: Water and Power in the Coloni…
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When U.S. presidents clash with corporate titans, what tips the balance of power? In The Power and the Money: The Epic Clashes Between Commanders in Chief and Titans of Industry (Regnery History, 2024), acclaimed presidential historian Tevi Troy takes readers on a riveting journey through the biggest battles between CEOs and the nation's commander …
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Commercial Banking in Kenya: A History from Colonisation to Digital Age (Routledge, 2024) investigates the impact of commercial banks in Kenya right through from their origins, to their role during the colonial period, the process of adaptation following independence, and up to their responses to new challenges and economic policies in the twenty-f…
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Over 150 years ago, Marx published the first volume of Capital, a systematic and voluminous account of capitalism, from the economic bedrock all the way up to the social and political consequences. The book itself would stand as one of the most influential and decisive texts of all time, proving to be a wildly fruitful foundation for further resear…
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Economic history has always emphasized the importance of long-distance trade in the emergence of modern financial markets, yet almost nothing is known about the Manila trade. The Capital Market of Manila and the Pacific Trade, 1668-1838 (Palgrave Macmillan, 2024) offers the first reconstruction of the capital market of Manila using new archival sou…
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This episode focuses on a cluster of issues of longstanding significance in Southeast Asia and in Southeast Asian Studies – plantation agriculture, global commodity chains or supply chains, exploitation of labour and environmental degradation, and resistance. To discuss these issues, we are joined by Dr. Alyssa Paredes, an environmental and economi…
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When scholars and policymakers consider how technological advances affect the rise and fall of great powers, they draw on theories that center the moment of innovation—the eureka moment that sparks astonishing technological feats. In Technology and the Rise of Great Powers: How Diffusion Shapes Economic Competition (Princeton UP, 2024), Jeffrey Din…
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Underground Leviathan: Corporate Sovereignty and Mining in the Americas (U Nevada Press, 2024) explores the emergence, dynamics, and lasting impacts of a mining firm, the United States Company. Through its exercise of sovereign power across the borders of North America in the early twentieth century, the transnational US Company shaped the business…
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When the USSR collapsed in 1991, the world was certain that Communism was dead. Today, three decades later, it is clear that it was not. While Russia may no longer be Communist, Communism and sympathy for Communist ideas have proliferated across the globe. In To Overthrow the World: The Rise and Fall and Rise of Communism (Basic Books, 2024), Sean …
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From the spring of 1942 until the summer of 1944, some 45,000 Jewish men were forced to accompany Hungarian troops to the battle zone of the Soviet Union. Some 80% of the Jewish forced laborers never returned home. They fell prey to battle, starvation, disease, and grinding labor, aggravated immensely by brutality and even outright murder at the ha…
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How a journey through Italy casts light on secrets, stereotypes, and the manipulation of information in eighteenth-century science. In 1749, the celebrated French physicist Jean-Antoine Nollet set out on a journey through Italy to solve an international controversy over the medical uses of electricity. At the end of his nine-month tour, he publishe…
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There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century. In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence o…
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From the eighth to thirteenth centuries along China’s rugged southern periphery, trade in tribute articles and an interregional horse market thrived. These ties dramatically affected imperial China’s relations with the emerging kingdoms in its borderlands. Local chiefs before the tenth century had considered the control of such contacts an importan…
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From the Rockies to the Himalayas, the bond between horses and humans has spanned across time and civilizations. In this archaeological journey, William T. Taylor explores how momentous events in the story of humans and horses helped create the world we live in today. Tracing the horse's origins and spread from the western Eurasian steppes to the i…
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In scholarly and popular discourse, popular sovereignty and self-determination are typically conceived of as the antitheses of imperialism, while histories of the emergence of democracy in Western Europe and its settler offshoots ignore the imperial setting of struggles for suffrage expansion and institutional change altogether. Democracy and Empir…
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Annette Kehnel joins Jana Byars to talk about The Green Ages: Medieval Innovations in Sustainability (Brandeis University Press, 2024). A fascinating blend of history and ecological economics that uncovers the medieval precedents for modern concepts of sustainable living. In The Green Ages, historian Annette Kehnel explores sustainability initiativ…
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In the aftermath of the First World War the Western great powers sought to redefine international norms according to their liberal vision. They introduced Western-led multilateral organizations to regulate cross-border flows which became pivotal in the making of an interconnected global order. In contrast to this well-studied transformation, in Aga…
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State capitalism. Socialism with Chinese characteristics. A socialist market economy. There have been numerous descriptions of the Chinese economy. However, none seems to capture the predatory, at times surreal, nature of the economy of the world’s most populous nation – nor the often bruising and mind-bending experience of doing business with the …
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How the CIA used American unions to undermine workers at home and subvert democracy abroad. Blue Collar Empire: The Untold Story of U.S. Labor’s Global Anticommunist Crusade (Verso, 2024) tells the shocking story of the AFL-CIO's global anticommunist crusade--and its devastating consequences for workers around the world. Unions have the power not o…
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Prof. Kim Oosterlinck walks us through the strange world of financial (and alternative asset) markets in occupied France. We begin by looking at the economic costs of the Nazi occupation. We then turn to discuss the array of measures that were put in place to force the financial markets to respond in the way the new regime required. How did governm…
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In Collectivization and Social Engineering: Soviet Administration and the Jews of Uzbekistan, 1917-1939 (Brill, 2015), Zeev Levin seeks to provide a comprehensive picture of government efforts to socialize the Jewish masses in Uzbekistan, a process in which the central Soviet government took part, together with the local, republican and regional ad…
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Who runs Britain? In Born to Rule: The Making and Remaking of the British Elite (Harvard UP, 2024), Aaron Reeves, and Sam Friedman, both Professors of Sociology at the London School of Economics, tell the story of the UK’s ruling class. The book blends a huge range of qualitative and quantitative data, and uses innovative sociological methods, to o…
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At Home with the Poor: Consumer Behaviour and Material Culture in England, c.1650-1850 (Manchester UP, 2024) by Dr. Joseph Harley opens the doors to the homes of the forgotten poor and traces the goods they owned before, during and after the industrial revolution (c. 1650-1850). Using a vast and diverse range of sources, it gets to the very heart o…
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In The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America (U Chicago Press, 2024), Andrew W. Kahrl uncovers the history of inequitable and predatory tax laws in the United States. He examines the structural traps within America’s tax system that have forced Black Americans to pay more for less despite being taxpayers with few…
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In the twenty-first century, infrastructure has undergone a seismic shift from West to East. Once concentrated in Europe and North America, global infrastructure production today is focused squarely on Asia. Infrastructure and the Remaking of Asia (U Hawaii Press, 2022) investigates the deeper implications of that pivot to the East. Written by lead…
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During the heyday of Hollywood’s studio system, stars were carefully cultivated and promoted, but at the price of their independence. This familiar narrative of Hollywood stardom receives a long-overdue shakeup in Emily Carman’s new book. Far from passive victims of coercive seven-year contracts, a number of classic Hollywood’s best-known actresses…
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After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China’s state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf sta…
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The achievement of Singapore’s national public housing program is impressive by any standard. Within a year of its first election victory in 1959, the People's Action Party began to deliver on its promises in dramatic fashion. By the 1980s, 85 percent of the population had been rehoused in modern flats, and today, decades later, the provision of pu…
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Karl Marx (1818-1883) was living in exile in England when he embarked on an ambitious, multivolume critique of the capitalist system of production. Though only the first volume saw publication in Marx's lifetime, it would become one of the most consequential books in history. This magnificent new edition of Capital (Princeton UP, 2024) is a transla…
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China today positions itself as a model of state-led environmentalism. On the country’s arid rangelands, grassland conservation policies have targeted pastoralists and their animals, blamed for causing desertification. State environmentalism - in the form of grazing bans, enclosure, and resettlement - has transformed the lives of many ethnic minori…
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Unlike a flood or fire, a the Farming Crisis of the 1980s did not have a set beginning of ending. Rather, it was a rolling, often invisible, disaster that could be easy to ignore if you lived in towns or cities, even within the West and Midwest. Yet, in places like rural Iowa, the impacts of this complex crisis were devastating and indeed, ongoing …
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A masterful account of the global Cold War’s decisive influence on Soviet economic reform, and the national decay that followed. What brought down the Soviet Union? From some perspectives the answers seem obvious, even teleological—communism was simply destined to fail. When Yakov Feygin studied the question, he came to another conclusion: at least…
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In 2010, Isabel Wilkerson spoke to the Institute about the fifteen years she spent reporting and writing her book, The Warmth of Other Suns: The Epic Story of America's Great Migration (Knopf, 2010). The book won the 2010 National Book Critics Circle Award for Nonfiction, In 1994, Wilkerson was the New York Times Chicago Bureau Chief when she won t…
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Behavioral scientist Alison Fragale offers powerful new insights and a practical playbook for women to advance in any workplace, full of tips, tricks, and strategies to help secure that elusive corner office. Over decades of research, speaking engagements, and mentorship, psychologist and professor Alison Fragale encountered recurring questions fro…
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After reading David Chaffetz’s newest book, you’d think that the horse–not oil–has been humanity’s most important strategic commodity. As David writes in his book Raiders, Rulers and Traders: The Horse and the Rise of Empires (Norton, 2024), societies in Central Asia grew powerful on the backs of strong herds of horses, giving them a military and a…
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Peter Paul Rubens (1577–1640) never crossed the Atlantic himself, but his impact in colonial Latin America was profound. Prints made after the Flemish artist’s designs were routinely sent from Europe to the Spanish Americas, where artists used them to make all manner of objects. Rubens in Repeat: The Logic of the Copy in Colonial Latin America (Get…
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Political Theorist David Lay Williams has a new book that traces the problem of economic inequality through the thought of many of the canonical thinkers in Western political theory. The Greatest of All Plagues: How Economic Inequality Shaped Political Thought from Plato to Marx (Princeton UP, 2024) explores the thought of Socrates and Plato, Jesus…
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Barrels – we rarely acknowledge their importance, but without them we would be missing out on some of the world’s finest wines and spirits. For over two thousand years they’ve been used to store, transport and age an incredibly diverse array of provisions around the globe. In this comprehensive and wide-ranging book titled Wood, Whiskey and Wine: A…
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In Unexpected Revolutionaries: How Central Banks Made and Unmade Economic Orthodoxy (Cornell University Press, 2024), Dr. Manuela Moschella investigates the institutional transformation of central banks from the 1970s to the present. Central banks are typically regarded as conservative, politically neutral institutions that uphold conventional macr…
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Soda Science: Making the World Safe for Coca-Cola (U Chicago Press, 2024) takes readers deep inside the secret world of corporate science, where powerful companies and allied academic scientists mould research to meet industry needs. The 1990s were tough times for the soda industry. In the United States, obesity rates were exploding. Public health …
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In Building Stalinism: The Moscow Canal and the Creation of Soviet Space (I. B. Tauris, 2018), Cynthia Ruder explores how the building of the Moscow canal reflected the values of Stalinism and how it was used to create distinctly Soviet space, both real and imagined. She discusses the canal as a physical construct: an massive and important infrastr…
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