New Books In Economics

In recent years the phrase “revisionist history” has emerged as a label for politically-correct reexaminations of an unalterable understanding of our past. As James M. Banner, Jr. demonstrates in his book The Ever-Changing Past: Why All History Is Revisionist History (Yale UP, 2021), such a definition ignores how historical knowledge in the West has always been fluid and subject to reinterpretation by scholars. As Banner illustrates, such revisionism occurs in a variety of ways and can reflect everything from the discovery of new information to the reconsideration of the past from different perspectives the present. These approaches are evident even in the earliest works of history, and reflect the changes that have taken place in civilization over time. By addressing recent public controversies at which revisionism was at the heart, Banner shows that It is through this process that we better understand who we are today and the course we will take as a society going forward. Learn more about your ad choices.

Francine Tremblay's book Organizing for Sex Workers’ Rights in Montréal: Resistance and Advocacy (Lexington Books, 2020) is based on a case study about Stella, l’amie de Maimie a Montréal sex workers' rights organization, founded by and for sex workers. It explores how a group of ostracized female-identified sex workers transformed themselves into a collective to promote the health and well-being of women working in the sex industry. Weighed down by the old and tenacious whore symbol, the sex workers at Stella had to find a way to navigate the criminality of sex work and sex workers, in order to do advocacy and support work, and create safer spaces for sex workers to engage in such advocacy. This book focuses on sex workers, but the advocacy challenges and strategies it outlines can also apply to the lives of other marginalized groups who are often ignored, pitied, or reviled, but who are seldom seen as fully human.  Listeners may also be interested in this article by Tromblay and a report for The Doctors of

Today I talked to Carla Diana about her new book My Robot Gets Me: How Social Design Can Make New Products More Human (Harvard Business Review Press, 2021). Carla Diana is a robot designer responsible for the creative aspects of Diligent Robotics’ new hospital service robot named Moxi. She created and leads the 4D Design masters program at the Cranbrook Academy of Art, wrote the world’s first children’s book on 3D printing, LEO the Maker Prince, and she cohosts the Robopsych Podcast. The author is intrigued by where technology is headed—the “electronic guts” of high-tech offerings--at the same time that she never loses focus on what kind of gut reaction a user will have in interacting with a product. This episode therefore ranges from discussing modalities central to Diana’s work (sound, movement, and lighting) to addressing how important it is for designers and engineers alike to engage in “bodystorming” exercises that align everyone around what the user’s experience will be like. Delight and ease of use are

A Collective Pursuit: Teachers' Unions and Education Reform (Temple UP, 2020) focuses on the idea that individuals, in this case, teachers, are multifaceted and multidimensional actors who pursue goals for a variety of reasons and those reasons are connected to their capacity to do their jobs, to the best of their abilities, as well as their interests as citizens and community members. According to Lesley Lavery’s research, the data indicate that teachers are the most important in-school predictors of student success. This suggests that in thinking about educational structure and reform, the focus should always include the individual teacher in a classroom and their capacity to do their job well. Thus, Lavery’s analysis in A Collective Pursuit is both to understand the capacity and role of the individual teacher in the classroom and in the American educational system, and to understand the role that organized labor has played in working on behalf of teachers but within a changing educational landscape.  This

Every porn scene is a record of people at work. But on-camera labor is only the beginning of the story. Porn Work takes readers behind the scenes to explore what porn performers think of their work and how they intervene to hack it. Blending extensive fieldwork with feminist and antiwork theorizing, Porn Work: Sex, Labor, and Late Capitalism (UNC Press, 2021) details entrepreneurial labor on the boundaries between pleasure and tedium. Rejecting any notion that sex work is an aberration from straight work, it reveals porn workers' creative strategies as prophetic of a working landscape in crisis. In the end, it looks to what porn has to tell us about what's wrong with work, and what it might look like to build something better. Rachel Stuart is a sex work researcher whose primary interest is the lived experiences of sex workers. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In spite of Karl Marx's proclamation that money would become obsolete under Communism, the ruble remained a key feature of Soviet life. In fact, although Western economists typically concluded that money ultimately played a limited role in the Soviet Union, Kristy Ironside argues that money was both more important and more powerful than most histories have recognized. After the Second World War, money was resurrected as an essential tool of Soviet governance. Certainly, its importance was not lost on Soviet leaders, despite official Communist Party dogma. Money, Ironside demonstrates, mediated the relationship between the Soviet state and its citizens and was at the center of both the government's and the people's visions for the maturing Communist project. A strong ruble--one that held real value in workers' hands and served as an effective labor incentive--was seen as essential to the economic growth that would rebuild society and realize Communism's promised future of abundance. In A Full-Value Ruble: The

Shai Reshef shares the remarkable story of the creation of the University of the People, which has grown from an initial small class of students in 2008 to over 55,000 low-income students all over the world today. Reshef founded University of the People after a successful career as an educational technology entrepreneur, setting out to leverage these technologies to launch the world’s first free US-accredited asynchronous online university with a goal of serving the 100 million+ talented young people who lack access to a quality education. The University of the People has been able to make remarkable progress toward this ambitious goal by adopting a peer learning model overseen by a huge volunteer faculty workforce. It offers undergraduate and Master’s degrees in the high-demand areas of Business, Nursing, and Computer Science; courses are free, but students who want college credit pay for the final proctored assessment, with the cost of a full degree about $4800 and scholarships to support those who can’t af

In The Path to Free College: In Pursuit of Access, Equity, and Prosperity (Harvard Education Press, 2021), Michelle Miller-Adams argues that tuition-free college, if pursued strategically and in alignment with other sectors, can be a powerful agent of change. She makes the case that broadly accessible and affordable higher education is in the public interest, yielding dividends not just for individuals but also for the communities, states, and nation in which they reside. Miller-Adams offers a comprehensive analysis of the College Promise movement--its history, impacts, and unintended consequences--and its relationship to access, affordability, and workforce readiness.  These factors are explored through data, analysis, and case studies of existing place-based scholarship programs. She also examines historical precursors of the free-college movement and evaluates the possibility of national action. The Path to Free College outlines how the design of free-college programs should relate to programmatic goals an

A War on Global Poverty: The Lost Promise of Redistribution and the Rise of Microcredit (Princeton UP, 2021) provides a fresh account of US involvement in campaigns to end global poverty in the 1970s and 1980s. From the decline of modernization programs to the rise of microcredit, Joanne Meyerowitz looks beyond familiar histories of development and explains why antipoverty programs increasingly focused on women as the deserving poor. When the United States joined the war on global poverty, economists, policymakers, and activists asked how to change a world in which millions lived in need. Moved to the left by socialists, social democrats, and religious humanists, they rejected the notion that economic growth would trickle down to the poor, and they proposed programs to redress inequities between and within nations.  In an emerging “women in development” movement, they positioned women as economic actors who could help lift families and nations out of destitution. In the more conservative 1980s, the war on glo

Why do people give to charity? In The Good Glow Charity and the Symbolic Power of Doing Good (Policy Press, 2020), Jon Dean, Associate Professor in Politics and Sociology at Sheffield Hallam University offers a new sociology of charity to explain how charities ask and the motivations of donors. The book situates charity in the context of the global and digital age, as well as thinking through the impact of controversies and political agendas on both charitable organisations, individuals, and society more generally. Rich with theoretical and case study detail, the book will be essential reading across the social sciences, as well as for anyone interested in understanding charity. Dave O'Brien is Chancellor's Fellow, Cultural and Creative Industries, at the University of Edinburgh's College of Art. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In this episode, we are talking to ProPublica investigative journalist Justin Elliott. Justin has been with ProPublica since 2012 and writes about business and economics, as well as money and influence in politics. He has produced stories for the New York Times and NPR. His work on TurboTax maker Intuit – a story we are discussing today -- won a Gerald Loeb Award for business journalism. The story of how 70% of Americans are eligible to file their taxes for free, but no one can pull it off has many chapters. Read about it here, here, and here.  ProPublica is an independent, nonprofit newsroom that produces investigative journalism with “moral force.” Agata Popeda is a Polish-American journalist. Interested in everything, with a particular weakness for literature and foreign relations. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Freedom of choice lies at the heart of American society. Every day, individuals decide what to eat, which doctors to see, who to connect with online, and where to educate their children. Yet, many Americans don't realize that these choices are illusory at best. By the start of the 21st century, every major industrial sector in the global economy was controlled by no more than five transnational corporations, and in about a third of these sectors, a single company accounted for more than 40 percent of global sales. The available options in food, healthcare, education, transportation, and even online presence are largely constructed by corporations, whose sweeping influence have made them the public face and executive agents of 21st-century capitalism.  At What Cost: Modern Capitalism and the Future of Health (Oxford UP, 2021) confronts how globalization, financial speculation, monopolies, and control of science and technology have enhanced the ability of corporations and their allies to overwhelm influences of

How rural areas have become uneven proving grounds for the American Dream. Small-town economies that have traditionally been based on logging, mining, farming, and ranching now increasingly rely on tourism, second-home ownership, and retirement migration. In Dividing Paradise: Rural Inequality and the Diminishing American Dream (University of California Press, 2021), Jennifer Sherman tells the story of Paradise Valley, Washington, a rural community where amenity-driven economic growth has resulted in a new social landscape of inequality and privilege, with deep fault lines between old-timers and newcomers. In this complicated cultural reality, "class blindness" allows privileged newcomers to ignore or justify their impact on these towns, papering over the sentiments of anger, loss, and disempowerment of longtime locals. Based on in-depth interviews with individuals on both sides of the divide, this book explores the causes and repercussions of the stark inequity that has become commonplace across the United S

In this episode David describes his childhood contact with entrepreneurship, and how he was looking for and found community and acceptance in the video game world. We learn how he discovered and almost invented the profession of “community manager” and created the CMX community of community managers. We also hear about the problems that community managers face in making their communities sustainable, and discuss his book: The Business of Belonging: How to Make Community your Competitive Advantage (Wiley, 2021). We also learn about how CMX became part of Bevy and multiple other ups and downs in David’s life so far. The NBN Entrepreneurship and Leadership podcast aims to educate and entertain, 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. About our guest David Spinks launched his first online community at 14 years old for his favorite video game, Tony Hawk's Pro Skater 4. Today he's become a p

Can classical economics help figure out climate change and support policies that slow global warming? Yale Sterling Professor of Economics William Nordhaus thinks so. In his new book, The Spirit of Green: The Economics of Collisions and Contagions in a Crowded World (Princeton UP, 2021), Nordhaus tackles the "externality" that is pollution and carbon emissions. By making several adjustments to how we treat this externality in economic terms, it can be brought back into the "system" whereby sensible regulation, market relations, and innovation can lead to markedly lower levels of pollution and greenhouse gas emissions. The most important of those adjustments is getting the price of carbon right. In many parts of the world, there is no formal price of carbon. Setting it at $40 per ton (or higher) will not be easy, not least because competing nation-states will need to agree to and abide by a universal carbon tax.    Despite these challenges, Nordhaus ends on an optimistic note. We have the means, we have the te

In his highly influential book, Demographics and the Demand for Higher Education, Carleton College Professor of Economics, Nathan Grawe, alerted college and university leaders to the challenges they would be facing with the accelerating decline in the number of U.S. high school graduates that will come in the middle of this decade. In his new book, The Agile College: How Institutions Successfully Navigate Demographic Changes (Johns Hopkins UP, 2021), he updates the demographic trends through the mid-2030s and describes the variety of strategies different institutions are adopting to respond to the decline in their traditional student population. He shares what led him to become an economist and the rigorous training he received at the University of Chicago. We have an engaging discussion of the implications of his work for both university leaders and policymakers as they debate reforms for funding college students. He also shares some insights from his new project looking at the publishing and career paths of

Today I talked to Amanda Ciafone's (University of Illinois, Urbana-Champaign) about her book Counter-Cola: A Multinational History of the Global Corporation (University of California Press, 2019). Counter-Cola charts the history of one of the world’s most influential and widely known corporations, The Coca-Cola Company. Over the past 130 years, the corporation has sought to make its products, brands, and business central to daily life in over 200 countries. Amanda Ciafone uses this example of global capitalism to reveal the pursuit of corporate power within the key economic transformations—liberal, developmentalist, neoliberal—of the twentieth and twenty-first centuries. Coca-Cola's success has not gone uncontested. People throughout the world have redeployed the corporation, its commodities, and brand images to challenge the injustices of daily life under capitalism. As Ciafone shows, assertions of national economic interests, critiques of cultural homogenization, fights for workers’ rights, movements for en

The word ‘data’ has entered everyday conversation, but do we really understand what it means? How can we begin to grasp the scope and scale of our new data-rich world, and can we truly comprehend what is at stake. In Data Lives: How Data Are Made and Shape Our World (Policy Press, 2021), renowned social scientist Rob Kitchin explores the intricacies of data creation and charts how data-driven technologies have become essential to how society, government and the economy work. Creatively blending scholarly analysis, biography and fiction, he demonstrates how data are shaped by social and political forces, and the extent to which they influence our daily lives. He reveals our data world to be one of potential danger, but also of hope. Noopur Raval is a postdoctoral researcher working at the intersection of Information Studies, STS, Media Studies and Anthropology. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm

We often think the key to success and satisfaction is to get more: more money, time, and possessions; bigger budgets, job titles, and teams; and additional resources for our professional and personal goals. It turns out we're wrong. Using captivating stories to illustrate research in psychology and management, Rice University professor Scott Sonenshein examines why some people and organizations succeed with so little, while others fail with so much. People and organizations approach resources in two different ways: "chasing" and "stretching." When chasing, we exhaust ourselves in the pursuit of more. When stretching, we embrace the resources we already have. This frees us to find creative and productive ways to solve problems, innovate, and engage our work and lives more fully. Stretch: Unlock the Power of Less and Achieve More Than You Ever Imagined (HarperCollins, 2017) shows why everyone--from executives to entrepreneurs, professionals to parents, athletes to artists--performs better with constraints; why

I spoke with Bobby Lee about his book 'The promise of Bitcoin: The Future of Money and How It Can Work for You' (McGraw-Hill, 2021). Bobby Lee is a very interesting character, among the leading figures in the field of cryptocurrency. He is the founder and CEO of Ballet, a cryptocurrency startup. He is the cofounder of BTCC, the longest-running bitcoin exchange and leading financial platform worldwide. He also serves on the board of the Bitcoin Foundation, a nonprofit organization that has built wider awareness of bitcoin, one of the industry’s most influential groups. Before founding BTCC, Lee was vice president of technology of Walmart. Previously, Lee was a software engineer at Yahoo!, where he led the development of the earliest online communities. We started the conversation mentioning the mysterious figure of Satoshi Nakamoto. We covered the actions currently being taken by central banks in the field and we spoke about the case of China. We also discussed why criminals are interested in using Bitcoin. Th