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    Science

    New Books in Economics

    This podcast is a channel on the New Books Network. The New Books Network is an academic audio library dedicated to public education. In each episode you will hear scholars discuss their recently published research with another expert in their field.

    Discover our 150+ channels and browse our 28,000+ episodes on our website: ⁠newbooksnetwork.com⁠

    Subscribe to our free weekly Substack newsletter to get informative, engaging content straight to your inbox: ⁠https://newbooksnetwork.substack.com/⁠

    Follow us on Instagram and Bluesky to learn about more our latest interviews: @newbooksnetwork
    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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    Copyright: © New Books Network

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    Latest Episodes:
    José Ciro Martínez, "States of Subsistence: The Politics of Bread in Contemporary Jordan" (Stanford UP, 2022) May 15, 2024
    Show notes

    In 1974 the government of Jordan established a new ministry to oversee a nationwide scheme to buy and distribute subsidized flour and regulate bakeries. The scheme sets terms for the politics that are the subject of a new book: States of Subsistence: The Politics of Bread in Contemporary Jordan(Stanford University Press, 2022). Rest assured, this is no dull account of state welfare that posits and tests for a two-dimensional relationship between the delivery of a staple food and public acquiescence to authoritarian rule. Far from it! To explain these politics, José Ciro Martínez goes to work baking, and taking the reader through kitchens, byways and marketplaces. Via descriptions of bakers and regulators, and interviews with consumers and policymakers, he offers a sophisticated account of how the state meets the stomach in Jordan, and how both citizens and bureaucracy are changed through this intra-action.

    States of Subsistence was the winner of the 2023 Roger Owen Book Award, sponsored by the Middle East Studies Association, and singled out for an honourable mention by the 2023 Charles Taylor Book Award committee of the American Political Science Association’s Interpretive Methodologies and Methods Group.

    If you like this episode of New Books in Interpretive Political and Social Science then you might also be interested in Mona El Ghobashy on Bread and Freedom: Egypt’s Revolutionary Situation, or Gerard McCarthy on Outsourcing the Polity: Non-state Welfare, Inequality and Resistance in Myanmar.

    José’s book recommendations are:

    • Teo Ballvé, The Frontier Effect: State Formation and Violence in Colombia
    • Lauren Berlant, On the Inconvenience of Other People
    • Hisham Matar, My Friends

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Liliana Doganova, "Discounting the Future: The Ascendancy of a Political Technology" (Princeton UP, 2024) May 14, 2024
    Show notes

    Forest fires, droughts, and rising sea levels beg a nagging question: have we lost our capacity to act on the future? Dr. Liliana Doganova’s book Discounting the Future: The Ascendancy of a Political Technology (Princeton University Press, 2024) sheds new light on this anxious query. It argues that our relationship to the future has been trapped in the gears of a device called discounting. While its incidence remains little known, discounting has long been entrenched in market and policy practices, shaping the ways firms and governments look to the future and make decisions accordingly. Thus, a sociological account of discounting formulas has become urgent.

    Discounting means valuing things through the flows of costs and benefits that they are likely to generate in the future, with these future flows being literally dis-counted as they are translated in the present. How have we come to think of the future, and of valuation, in such terms? Building on original empirical research in the historical sociology of discounting, Dr. Doganova takes us to some of the sites and moments in which discounting took shape and gained momentum: valuation of European forests in the eighteenth and nineteenth centuries; economic theories devised in the early 1900s; debates over business strategies in the postwar era; investor-state disputes over the nationalisation of natural resources; and drug development in the biopharmaceutical industry today. Weaving these threads together, the book pleads for an understanding of discounting as a political technology, and of the future as a contested domain.

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

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Kevin Woodson, "The Black Ceiling: How Race Still Matters in the Elite Workplace" (U Chicago Press, 2023) May 13, 2024
    Show notes

    America's elite law firms, investment banks, and management consulting firms are known for grueling hours, low odds of promotion, and personnel practices that push out any employees who don't advance. While most people who begin their careers in these institutions leave within several years, work there is especially difficult for Black professionals, who exit more quickly and receive far fewer promotions than their White counterparts, hitting a "Black ceiling."

    Sociologist and law professor Kevin Woodson knows firsthand what life at a top law firm feels like as a Black man. Examining the experiences of more than one hundred Black professionals at prestigious firms, Woodson discovers that their biggest obstacle in the workplace isn't explicit bias but racial discomfort, or the unease Black employees feel in workplaces that are steeped in Whiteness. He identifies two types of racial discomfort: social alienation, the isolation stemming from the cultural exclusion Black professionals experience in White spaces, and stigma anxiety, the trepidation they feel over the risk of discriminatory treatment. While racial discomfort is caused by America's segregated social structures, it can exist even in the absence of racial discrimination, which highlights the inadequacy of the unconscious bias training now prevalent in corporate workplaces. Firms must do more than prevent discrimination, Woodson explains, outlining the steps that firms and Black professionals can take to ease racial discomfort.

    Offering a new perspective on a pressing social issue, The Black Ceiling: How Race Still Matters in the Elite Workplace (U Chicago Press, 2023) is a vital resource for leaders at preeminent firms, Black professionals and students, managers within mostly White organizations, and anyone committed to cultivating diverse workplaces.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Amy Schiller, "The Price of Humanity: How Philanthropy Went Wrong—And How to Fix It" (Melville House, 2023) May 13, 2024
    Show notes

    Amy Schiller's The Price of Humanity: How Philanthropy Went Wrong—And How to Fix It (Melville House, 2023) makes an attempt to rescue philanthropy from its progressive decline into vanity projects that drive wealth inequality, so that it may support human flourishing as originally intended. The word “philanthropy” today makes people think big money—Bill and Melinda Gates, Warren Buffet, and Andrew Carnegie come to mind. The scope of suffering in the world seems to demand an industry of giving, and yet for all the billions that are dispensed, the wealthy never seem to lose any of their money and nothing seems to change.

    Journalist, academic and consultant Schiller shows how we get out of this stalemate by evaluating the history of philanthropy from the ideas of St. Augustine to the work of Lebron James. She argues philanthropy’s contemporary tendency to maintain obscene inequality and reduce every cause to dehumanizing technocratic terms is unacceptable, while maintaining an optimism about the soul and potential of philanthropy in principle. For philanthropy to get back to its literal roots—the love of humanity—Schiller argues that philanthropy can no longer be premised around basic survival. Public institutions must assume that burden so that philanthropy can shift its focus to initiatives that allow us to flourish into happier, more fulfilled human beings. Philanthropy has to get out of the business of saving lives if we are to save humanity.

    Amy Schiller is a postdoctoral fellow at Dartmouth College in the Society of Fellows. Twitter. Website.

    Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Anna Dyjach is a senior at Deerfield.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Alissa Quart, "Bootstrapped: Liberating Ourselves from the American Dream" (Ecco Press, 2023) May 11, 2024
    Show notes

    The promise that you can "pull yourself up by your bootstraps" is central to the story of the American Dream. It's the belief that if you work hard and rely on your own resources, you will eventually succeed. However, time and again we have seen how this foundational myth, with its emphasis on individual determination, brittle self-sufficiency, and personal accomplishment, does not help us. Instead, as income inequality rises around us, we are left with shame and self-blame for our condition.

    Alissa Quart argues that at the heart of our suffering is a do-it-yourself ethos, the misplaced belief in our own independence and the conviction that we must rely on ourselves alone. Looking at a range of delusions and half solutions--from "grit" to the false Horatio Alger story to the rise of GoFundMe--Quart reveals how we have been steered away from robust social programs that would address the root causes of our problems. Meanwhile, the responsibility for survival has been shifted onto the backs of ordinary people, burdening generations with debt instead of providing the social safety net we so desperately need.

    Insightful, sharply argued, and characterized by Quart's lively writing and deep reporting, and for fans of Evicted and Nickel and Dimed, Bootstrapped: Liberating Ourselves from the American Dream(Ecco Press, 2023) is a powerful examination of what ails us at a societal level and a plan for how we can free ourselves from these self-defeating narratives


    Acclaimed journalist Alissa Quart is a contributor to The Washington Post and New York Times and the author of several nonfiction works including Branded: The Buying and Selling of Teenagers and Squeezed: Why our Families Can’t Afford America, as well as works of poetry like Thoughts and Prayers. Alissa Quart is the executive director of the Economic Hardship Reporting Project and the editor with David Wallis of Going for Broke: Living on the Edge in the world’s richest country which we discussed on this podcast in February.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Alyxandra Vesey, "Extending Play: The Feminization of Collaborative Music Merchandise in the Early Twenty-First Century" (Oxford UP, 2023) May 11, 2024
    Show notes

    Despite the hypervisibility of a constellation of female pop stars, the music business is structured around gender inequality. As a result, women in the music industry often seize on self-branding opportunities in fashion, cosmetics, food, and technology for the purposes of professional longevity. Extending Play: The Feminization of Collaborative Music Merchandise in the Early Twenty-First Century (Oxford UP, 2023) examines the ubiquity of brand partnerships in the contemporary music industry through the lens of feminized labor, to demonstrate how female artists use them as a resource for artistic expression and to articulate forms of popular feminism through self-commodification. In this book, author Alyxandra Vesey examines this type of promotional work and examines its proliferation in the early 21st century.

    Though brand partnerships exist across all media industries, they are a distinct phenomenon for the music business because of their associations with fan club merchandise, concert merchandise, and lifestyle branding, often foregrounding women's participation in shaping these economies through fan labor and image management. Through textual and discourse analysis of artists' songs, music videos, interviews, social media usage, promotional campaigns, marketing strategies, and business decisions, Extending Play investigates how female musicians co-create branded feminine-coded products like perfume, clothes, makeup, and cookbooks and masculine-coded products like music equipment as resources to work through their own ideas about gender and femininity as workers in industries that often use sexism and ageism to diminish women's creative authority and diminish the value of the recording in order to incentivize musicians to internalize the demands of industrial convergence.

    By merging star studies, popular music studies, and media industry studies, Extending Play proposes an integrated methodology for approaching contemporary cultural history that demonstrates how female-identified musicians have operated as both a hub for industrial convergence and as music industry professionals who use their extramusical skills to reassert their creative acumen.

    Alyxandra Vesey is Assistant Professor in Journalism and Creative Media at the University of Alabama. Her research focuses on the gendered dynamics of creative labor in the music industries. Her work has appeared in Journal of Cinema and Media Studies, Feminist Media Studies, Television and New Media, Journal of Popular Music Studies, Camera Obscura, Velvet Light Trap, and Emergent Feminisms: Complicating a Postfeminist Media Culture. Alyxandra on Twitter.

    Bradley Morgan is a media arts professional in Chicago and author of U2's The Joshua Tree: Planting Roots in Mythic America. He manages partnerships on behalf of CHIRP Radio 107.1 FM, serves as a co-chair of the associate board at the Gene Siskel Film Center of the School of the Art Institute of Chicago, and volunteers in the music archive at the Old Town School of Folk Music. Bradley Morgan on Twitter.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Kate Maclean, "Cash, Clothes, and Construction: Rethinking Value in Bolivia's Pluri-economy" (U Minnesota Press, 2023) May 11, 2024
    Show notes

    How do alternative economic ideas and practices develop? In Cash, Clothes, and Construction: Rethinking Value in Bolivia’s Pluri-economy(U Minnesota Press, 2023), Kate Maclean, an Associate Professor at the Institute for Global Prosperity, University College London, considers the Pluri-economy of Bolivia to rethink ideas about gender, politics, development and the state. The book uses three core case studies, money, clothing, and construction, to explore how economic alternatives have emerged in Bolivia since the 2005 election of Evo Morales and the Movement for Socialism (MAS). The book offers a feminist critique of both the expectations of neoliberal economics, and MAS’s alternatives, drawing on the perspectives and insights of indigenous women in Bolivia. Drawing on a deep engagement with place, as well as a rich theoretical and empirical contribution, the book will be essential reading across social science and humanities, as well as for anyone interested in alternatives to our current economic settlement.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Tiziano Bonini and Emiliano Trere, "Algorithms of Resistance: The Everyday Fight against Platform Power" (MIT Press, 2024) May 10, 2024
    Show notes

    What are the tactics needed for a world of platforms and algorithms? In Algorithms of Resistance: The Everyday Fight against Platform Power (MIT Press, 2024), Tiziano Bonini, Associate Professor in Sociology of Culture and Communication at the University of Siena, and Emiliano Treré, a Reader in Data Agency and Media Ecologies at Cardiff University, examine the impact of platforms and algorithms on people, communities, and global social life. The book explores these issues using three case studies of gig work, culture, and politics. At its heart, the book demonstrates the potential for transforming the seeming total control of platforms and algorithms through the tactics and strategies of workers, artists, and social movements. The book is essential reading across humanities, social sciences, and computing, as well as for anyone interested in contemporary digital life. The book is available open access here.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    Francesca Trivellato, "The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society" (Princeton UP, 2019) May 05, 2024
    Show notes

    In 1647, the French author Étienne Cleirac asserted in his book Les us, et coustumes de la mer that the credit instruments known as bills of exchange had been invented by Jews. In The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society (Princeton University Press, 2019), Francesca Trivellato draws upon the economic, cultural, intellectual, and business history of the period to trace the origin of this myth and what its usage in early modern Europe reveals about contemporary views of both commerce and Judaism. Trivellato begins by explaining the development of bills of exchange in the Middle Ages as a means of transferring funds across long distances, ones which helped the expansion of international trade. Though used by both Christians and Jews, concerns about crypto-Judaism among converted Christians in the town of Bordeaux where Cleirac lived may have been key to his belief in their association with the bills. From Cheirac’s book the myth then spread throughout much of western and central Europe during the 18th and 19th centuries, where it was used both to support anti-Semitic views and as examples by philo-Semitic writers such as Montesquieu of the superior commercial ability of Jews.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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    John J. Berger, "Solving the Climate Crisis: Frontline Reports from the Race to Save the Earth" (Seven Stories Press, 2023) May 03, 2024
    Show notes

    Solving the Climate Crisis: Frontline Reports from the Race to Save the Earth(Seven Stories Press, 2023) is a hopeful and critical resource that makes a convincing and detailed case that there is a path forward to save our environment. Illustrating the power of committed individuals and the necessity for collaborative government and private-sector climate action, the book focuses on three essential areas:

    • The technological dimension move to 100% clean renewable energy as fast as we possibly can through innovations like clean-steel, "green" cement, and carbon-reuse companies;
    • The ecological dimension enhance and protect natural ecosystems, forests, and agricultural lands to safely store greenhouse gases and restore soils, transforming how we grow, process, and consume food;
    • The social dimension update and create new laws, policies and economic measures to recenter human values and reduce environmental and social injustice.


    Based on more than 6 years of research, Berger traveled the nation and abroad to interview governors, mayors, ranchers, scientists, engineers, business leaders, energy experts, and financiers as well as carbon farmers, solar and wind innovators, forest protectors, non-profit leaders, and activists.

    With real world examples, an explanation of cutting-edge technologies in solar and wind, and political organizing tactics, Solving the Climate Crisis provides a practical road map for how we effectively combat climate change. Replacing the fossil-fuel system with a newly invigorated, modernized, clean-energy economy will produce tens of millions of new jobs and save trillions of dollars. Protecting the climate is thus potentially the greatest economic opportunity of our time.

    Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics


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