New Books in Economic and Business History

During the late nineteenth century concerns about international commercial rivalry were often expressed in terms of national provision for training and education, and the role of universities in such provision. It was in this context that the modern university discipline of economics emerged. The first undergraduate economics program was inaugurated in Cambridge in 1903; but this was merely a starting point. 

Constructing Economic Science: The Invention of a Discipline 1850-1950 (Oxford UP, 2022) charts the path through commercial education to the discipline of economics and the creation of an economics curriculum that could then be replicated around the world. Rather than describing this transition epistemologically, as a process of theoretical creation, Keith Tribe shows how the new "science" of economics was primarily an institutional creation of the modern university. He demonstrates how finance, student numbers, curricula, teaching, new media, the demands of employment, and more broadly, the international perception that industrializing economies required a technically-skilled workforce, all played their part in shaping economics as we know it today. This study explains the conditions originally shaping the science of economics, providing in turn a foundation for an understanding of the way in which this new language transformed public policy.

Keith Tribe is an economic historian and independent scholar with a long-standing interest in language and translation. He is currently a Senior Research Fellow in History at the University of Tartu and teaches history of economics at the University of Birmingham. He is the author of The Economy of the Word (OUP, 2015).

Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel.

Many accounts of the scientific revolution portray it as a time when scientists disciplined knowledge by first disciplining their own behavior. According to these views, scientists such as Francis Bacon produced certain knowledge by pacifying their emotions and concentrating on method. In The Interlopers: Early Stuart Projects and the Undisciplining of Knowledge (Johns Hopkins Press, 2023), Dr. Vera Keller rejects this emphasis on discipline and instead argues that what distinguished early modernity was a navigation away from restraint and toward the violent blending of knowledge from across society and around the globe.

Dr. Keller follows early seventeenth-century English "projectors" as they traversed the world, pursuing outrageous entrepreneurial schemes along the way. These interlopers were developing a different culture of knowledge, one that aimed to take advantage of the disorder created by the rise of science and technological advances. They sought to deploy the first submarine in the Indian Ocean, raise silkworms in Virginia, and establish the English slave trade. These projectors developed a culture of extreme risk-taking, uniting global capitalism with martial values of violent conquest. They saw the world as a riskscape of empty spaces, disposable people, and unlimited resources.

By analyzing the disasters—as well as a few successes—of the interlopers she studies, Dr. Keller offers a new interpretation of the nature of early modern knowledge itself. While many influential accounts of the period characterize European modernity as a disciplining or civilizing process, The Interlopers argues that early modernity instead entailed a great undisciplining that entangled capitalism, colonialism, and science.

This interview was conducted by Dr. Miranda Melcher whose doctoral work focused on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars.

Lloyd Daniel Barba's book Sowing the Sacred: Mexican Pentecostal Farmworkers in California (Oxford UP, 2022) traces the development of Pentecostalism among Mexican-American migrant laborers in California's agricultural industry from the 1910s to the 1960s. At the time, Pentecostalism was often seen as a distasteful new sect rife with cultish and fanatical tendencies; U.S. growers thought of Mexicans as no more than a mere workforce not fit for citizenship; and industrial agriculture was celebrated for feeding American families while its exploitation of workers went largely ignored. Farmworkers were made out to be culturally vacuous and lacking creative genius, simple laborers caught in a vertiginous cycle of migrant work.

This book argues that farmworkers from La Asamblea Apostólica de la Fe en Cristo Jesús carved out a robust socio-religious existence despite these conditions, and in doing so produced a vast record of cultural vibrancy. Examining racialized portrayals of Mexican workers and their religious lives through images created by farmworkers themselves, Sowing the Sacred draws on oral histories, photographs, and materials from new archival collections to tell an intimate story of sacred-space making. In showing how these workers mapped out churches, performed outdoor baptisms in grower-controlled waterways, and built and maintained houses of worship in the fields, this book considers the role that historical memory plays in telling these stories.

Joseph Stuart is a scholar of African American history, particularly of the relationship between race, freedom rights, and religion in the twentieth century Black Freedom Movement.

Monetary Authorities: Capitalism and Decolonization in the American Colonial Philippines (Duke UP, 2022) investigates the ways in which racial and class hierarchies shaped the monetary policy and banking systems in the Philippines. Combining historical research and normative arguments calling for unconditional decolonization, Allan E. S. Lumba advances a powerful account of how the logics and practices of racial capitalism advanced the United States’ ‘counter-decolonization’ efforts in the Philippines.

In this podcast, Lumba shares the book’s back story, his theoretical inspirations that informed his core arguments, and the importance of understanding the global capitalist order from the perspective of postcolonial nations.

Allan E. S. Lumba is a Global American Studies postdoctoral fellow at Harvard University's Charles Warren Center and visiting faculty in the Department of History. He has also served as resident fellow at the Newberry Library in Chicago and University of Michigan's Bentley Library. His teaching experience and interests spans across myriad fields, including: Southeast Asian history, Asian American and Ethnic studies, U.S. in the World, and Comparative World history.

The open access edition of this book is available here.

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Nicole Curato is a Professor of Sociology in the Centre for Deliberative Democracy and Global Governance at the University of Canberra. She co-hosts the New Books in Southeast Asia Studies channel.

This episode was created in collaboration with Erron C. Medina of the Development Studies Program of Ateneo De Manila University and Nicole Anne Revita.

J. P. Daughton's In the Forest of No Joy: The Congo-Océan Railroad and the Tragedy of French Colonialism (W. W. Norton, 2021) examines the complex and violent French construction of a line of railroad in Equatorial Africa from the coast inland. Begun in 1921, the Congo-Océan took 13 years to complete and resulted in the deaths of between 15,000 and 23,000 African lives. Daughton's book is a careful account of the brutality, harrowing labor conditions, and deprivation of these thousands of Africans whose very bodies were abused and destroyed in this iteration of the "civilizing mission" and "modernity" in empire.

Working through a broad range of archives located in France, Switzerland, the U.S., and the Congo, the book's several chapters outline in visceral detail the individuals and structures involved in making the railroad a reality, from the forced enlistment of African labourers, through the challenges of resistant landscape, the suffering of those physically tasked with its conquest, to the justifying rhetoric of those who championed the  project and the denunciations of those who sought to reveal its atrocious human cost.

Key individual architects, company, and government representatives appear throughout these pages along with the powerful forces and voices of the French imperial state. Working with and against the presentation of the project in official documents, Daughton seeks to illuminate the experiences and voices of the African workers who made the railroad a reality. Completed by the 1930s, the Congo-Océan was also a large-scale humanitarian failure. Interested in broader questions of colonial violence and how scholars engage with and respond to that violence, Daughton's narrative and analysis will be accessible to wide range of readers. This, despite the difficult and painful subjects and stories it takes on.

Roxanne Panchasi is an Associate Professor of History at Simon Fraser University in Vancouver, Canada who specializes in twentieth and twenty-first century France and empire. She is the founding host of New Books in French Studies, a channel launched in 2013.

Since the 1990s, Germany has embarked on a daring campaign to restructure its energy system around renewable power, sparking a global revolution in solar and wind technology. But this pioneering energy transition has been plagued with problems.

In Energy and Power: Germany in the Age of Oil, Atoms, and Climate Change (Oxford UP, 2023), Stephen G. Gross explains the deeper origins of the Energiewende--Germany's transition to green energy--and offers the first comprehensive history of German energy and climate policy from World War II to the present. The book follows the Federal Republic as it passed through five energy transitions from the dramatic shift to oil that nearly wiped out the nation's hard coal sector, to the oil shocks and the rise of the Green movement in the 1970s and 1980s, the co-creation of a natural gas infrastructure with Russia, and the transition to renewable power today. He shows how debates over energy profoundly shaped the course of German history and influenced the landmark developments that define modern Europe. As Gross argues, the intense and early politicization of energy led the Federal Republic to diverge from the United States and rethink its fossil economy well before global warming became a public issue, building a green energy system in the name of many social goals. Yet Germany's experience also illustrates the difficulty, the political battles, and the unintended consequences that surround energy transitions.

By combining economy theory with a study of interest groups, ideas, and political mobilization, Energy and Power offers a novel explanation for why energy transitions happen. Further, it provides a powerful lens to move beyond conventional debates on Germany's East-West divide, or its postwar engagement with the Holocaust, to explore how this nation has shaped the contemporary world in other important ways.

Stephen G. Gross is Associate Professor of History and Director of the Center of European and Mediterranean Studies, New York University.

Filippo De Chirico, History and Politics of Energy at Roma Tre University (Italy)

Scarcity: A History from the Origins of Capitalism to the Climate Crisis (Harvard UP, 2023) is a sweeping intellectual history of the concept of economic scarcity—its development across five hundred years of European thought and its decisive role in fostering the climate crisis.

Modern economics presumes a particular view of scarcity, in which human beings are innately possessed of infinite desires and society must therefore facilitate endless growth and consumption irrespective of nature’s limits. Yet as Fredrik Albritton Jonsson and Carl Wennerlind show, this vision of scarcity is historically novel and was not inevitable even in the age of capitalism. Rather, it reflects the costly triumph of infinite-growth ideologies across centuries of European economic thought—at the expense of traditions that sought to live within nature’s constraints.

The dominant conception of scarcity today holds that, rather than master our desires, humans must master nature to meet those desires. Albritton Jonsson and Wennerlind argue that this idea was developed by thinkers such as Francis Bacon, Samuel Hartlib, Alfred Marshall, and Paul Samuelson, who laid the groundwork for today’s hegemonic politics of growth. Yet proponents of infinite growth have long faced resistance from agrarian radicals, romantic poets, revolutionary socialists, ecofeminists, and others. These critics—including the likes of Gerrard Winstanley, Dorothy Wordsworth, Karl Marx, and Hannah Arendt—embraced conceptions of scarcity in which our desires, rather than nature, must be mastered to achieve the social good. In so doing, they dramatically reenvisioned how humans might interact with both nature and the economy.

Following these conflicts into the twenty-first century, Albritton Jonsson and Wennerlind insist that we need new, sustainable models of economic thinking to address the climate crisis. Scarcity is not only a critique of infinite growth, but also a timely invitation to imagine alternative ways of flourishing on Earth.

Fredrik Albritton Jonsson is the Associate Professor of British History at the University of Chicago. His current research deals with a set of closely related themes in environmental history, history of science, and political economy. 

Carl Wennerlind is the Professor of History and Chair at Barnard College, Columbia University. He specializes in the history of early modern Europe, with a focus on intellectual history and political economy. He is particularly interested in the historical development of ideas about money and credit; ideas on the relationship between economy and nature; and ideas about "improvement" and "modernization."

Thomas Edward Kingston is a Berkeley Fellow in South and Southeast Asian Studies and PhD Student with a designated emphasis in Political Economy at the University of California, Berkeley

Patriarchal forces of law, finance, and social custom restricted women’s rights and agency in revolutionary America. Yet women in this period exploited these confines, transforming constraints into vehicles of female empowerment. Through a close reading of thousands of legislative, judicial, and institutional pleas across seventy years of history in three urban centers, Jacqueline Beatty illustrates the ways in which women in the revolutionary era asserted their status as dependents, demanding the protections owed to them as the assumed subordinates of men. In so doing, they claimed various forms of aid and assistance, won divorce suits, and defended themselves and their female friends in the face of patriarchal assumptions about their powerlessness. Ultimately, women in the revolutionary era were able to advocate for themselves and express a relative degree of power not in spite of their dependent status, but because of it.

Their varying degrees of success in using these methods, however, was contingent on their race, class, and socio-economic status, and the degree to which their language and behavior conformed to assumptions of Anglo-American femininity. In Dependence: Women and the Patriarchal State in Revolutionary America (NYU Press, 2023) thus exposes the central paradoxes inherent in American women’s social, legal, and economic positions of dependence in the Revolutionary era, complicating binary understandings of power and weakness, of agency and impotence, and of independence and dependence. Significantly, the American Revolution provided some women with the language and opportunities in which to claim old rights―the rights of dependents―in new ways. Most importantly, In Dependence shows how women’s coming to consciousness as rights-bearing individuals laid the groundwork for the activism and collective petitioning efforts of later generations of American feminists.

Jane Scimeca is Professor of History at Brookdale Community College. @JaneScimeca1

Disease is thought to be a great leveler of humanity, but in antebellum New Orleans acquiring immunity from the scourge of yellow fever magnified the brutal inequities of slave-powered capitalism.

Antebellum New Orleans sat at the heart of America’s slave and cotton kingdoms. It was also where yellow fever epidemics killed as many as 150,000 people during the nineteenth century. With little understanding of mosquito-borne viruses—and meager public health infrastructure—a person’s only protection against the scourge was to “get acclimated” by surviving the disease. About half of those who contracted yellow fever died.

Repeated epidemics bolstered New Orleans’s strict racial hierarchy by introducing another hierarchy, what Kathryn Olivarius terms “immunocapital.” As this highly original analysis shows, white survivors could leverage their immunity as evidence that they had paid their biological dues and could then pursue economic and political advancement. For enslaved Blacks, the story was different. Immunity protected them from yellow fever, but as embodied capital, they saw the social and monetary value of their acclimation accrue to their white owners. Whereas immunity conferred opportunity and privilege on whites, it relegated enslaved people to the most grueling labor.

The question of good health—who has it, who doesn’t, and why—is always in part political. Necropolis: Disease, Power, and Capitalism in the Cotton Kingdom (Harvard UP, 2022) shows how powerful nineteenth-century white Orleanians—all allegedly immune—pushed this politics to the extreme. They constructed a society that capitalized mortal risk and equated perceived immunity with creditworthiness and reliability. Instead of trying to curb yellow fever through sanitation or quarantines, immune white Orleanians took advantage of the chaos disease caused. Immunological discrimination therefore became one more form of bias in a society premised on inequality, one more channel by which capital disciplined and divided the population.

Kendall Dinniene is an English PhD candidate at Southern Methodist University in Dallas, Texas. Their research examines how contemporary American authors respond to anti-fatness in their work, revealing the contours of citizenship and paths toward liberation.

In the nineteenth century, most American farms had a small orchard or at least a few fruit-bearing trees. People grew their own apple trees or purchased apples grown within a few hundred miles of their homes. Nowadays, in contrast, Americans buy mass-produced fruit in supermarkets, and roughly 70 percent of apples come from Washington State. So how did Washington become the leading producer of America’s most popular fruit? In The Washington Apple: Orchards and the Development of Industrial Agriculture (The University of Oklahoma Press, 2022), Amanda L. Van Lanen offers a comprehensive response to this question by tracing the origins, evolution, and environmental consequences of the state’s apple industry.

Washington’s success in producing apples was not a happy accident of nature, according to Van Lanen. Apples are not native to Washington, any more than potatoes are to Idaho or peaches to Georgia. In fact, Washington apple farmers were late to the game, lagging their eastern competitors. The author outlines the numerous challenges early Washington entrepreneurs faced in such areas as irrigation, transportation, and labor. Eventually, with crucial help from railroads, Washington farmers transformed themselves into “growers” by embracing new technologies and marketing strategies. By the 1920s, the state’s growers managed not only to innovate the industry but to dominate it.

Industrial agriculture has its fair share of problems involving the environment, consumers, and growers themselves. In the quest to create the perfect apple, early growers did not question the long-term environmental effects of chemical sprays. Since the late twentieth century, consumers have increasingly questioned the environmental safety of industrial apple production. Today, as this book reveals, the apple industry continues to evolve in response to shifting consumer demands and accelerating climate change. Yet, through it all, the Washington apple maintains its iconic status as Washington’s most valuable agricultural crop.

Amanda L. Van Lanen, PhD is a Professor of History at Lewis-Clark State College.

Troy A. Hallsell, PhD is the 341st Missile Wing Historian at Malmstrom AFB, Montana. The ideas expressed in this podcast do not represent the 341st Missile Wing, the United States Air Force, or the Department of Defense.