Karl Marx in America (University of Chicago Press, 2025), by Andrew Hartman To read Karl Marx is to contemplate a world created by capitalism. People have long viewed the United States as the quintessential anti-Marxist nation, but Marx’s ideas have inspired a wide range of people to formulate a more precise sense of the stakes of the American project. Historians have highlighted the imprint made on the United States by Enlightenment thinkers such as Adam Smith, John Locke, and Thomas Paine, but...
Jul 05, 2025•52 min
How to sustain an international system of cooperation in the midst of geopolitical struggle? Can the international economic and legal system survive today’s fractured geopolitics? Democracies are facing a drawn-out contest with authoritarian states that is entangling much of public policy with global security issues. In Global Discord: Values and Power in a Fractured World Order (Princeton University Press, 2024), Paul Tucker lays out principles for a sustainable system of international cooperat...
Jul 03, 2025•50 min
Tax havens in offshore lands like Switzerland, the Cayman Islands and the Bahamas were once considered a rarity, the preserve of the super-rich. Today, they are big business available to the masses. Their goal? To avoid any form of accountability. Own nothing. Possess everything. Be answerable to no one. Where are these tax havens? What forms can they take? What future lies in store for them, and why should we care? An Anatomy of Tax Havens: Europe, the Caribbean and the United States of America...
Jun 30, 2025•1 hr 4 min
Inflation is back, and its impact can be felt everywhere, from the grocery store to the mortgage market to the results of elections around the world. What's more, tariffs and trade wars threaten to accelerate inflation again. Yet the conventional wisdom about inflation is stuck in the past. Since the 1970s, there has only really been one playbook for fighting inflation: raise interest rates, thereby creating unemployment and a recession, which will lower prices. But this simple story hides a mul...
Jun 28, 2025•55 min
What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating econom...
Jun 27, 2025•45 min
A vital examination of how social and economic justice organizations overcome resource disadvantages and build political power. Why do some coalitions triumph while others fall short? In Power to the Partners: Organizational Coalitions in Social Justice Advocacy, Maraam A. Dwidar documents the vital role of social and economic justice organizations in American politics and explores the process by which they strategically build partnerships to advance more effective and equitable advocacy. Using ...
Jun 23, 2025•30 min
In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of privat...
Jun 20, 2025•47 min
Independent Africa: The First Generation of Nation Builders (Indiana UP, 2023)explores Africa's political economy in the first two full decades of independence through the joint projects of nation-building, economic development, and international relations. Drawing on the political careers of four heads of states: Kwame Nkrumah of Ghana, Ahmed Sékou Touré of Guinea, Léopold Sédar Senghor, and Julius Kambarage Nyerere of Tanzania, Independent Africa engages four major themes: what does it mean to...
Jun 19, 2025•1 hr 25 min
Crisis Cycle: Challenges, Evolution, and Future of the Euro (Princeton UP, 2025) John Cochrane Luis Garicano Klaus Masuch PRINCETON UNIVERSITY PRESS, 2025 Launched 26 years ago, the euro was never expected to have an easy life but it wasn't supposed to be this hard. A three-year solvency crisis, a string of bailouts, and a rescue by the European Central Bank (ECB) was followed by threats of deflation, negative interest rates, massive purchases of government debt, a global pandemic, a European la...
Jun 17, 2025•1 hr 15 min
An exploration of workplace participation and earnings patterns for diverse women in US STEM professions that upends the myth that STEM work benefits women economically. Seen as part economic driver, part social remedy, STEM work is commonly understood to benefit both the US economy and people—particularly women—from underrepresented groups. But what do diverse women find when they work in US STEM occupations? What do STEM jobs really deliver—and for whom? In Disparate Measures: The Intersection...
Jun 16, 2025•47 min
• Philip J. Stern, Empire, Incorporated. The Corporations That Built British Colonialism (Belknap Press of Harvard University Press in 2023), by. • Quinn Slobodian, Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy (Penguin, 2023). Adam Smith wrote that, “Political economy belongs to no nation; it is of no country: it is the science of the rules for the production, the accumulation, the distribution, and the consumption of wealth.” However Adam Smith regarded the sc...
Jun 05, 2025•1 hr 4 min
Biological justification for all forms of inequality has a long history, with the claim that particular groups suffer disproportionately from inherited flaws of ability and character used to explain a remarkably wide variety of inequalities. Providing an important critique of that biodeterminist history and how the Human Genome Project has inspired some contemporary scientists and economists to follow a similar path of ascribing socioeconomic outcomes to genetic inheritance, The American Gene: U...
Jun 02, 2025•27 min
Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success (MIT Press, 2023) offers a roadmap to help leaders predict, understand, and react to their competitors’ moves. It is a valuable tool to help companies stay ahead of their competitors when the competition is intensifying. To make the right choice when a competitor is working hard to prevent it is difficult. This book demystifies the process. For organizations developing systematic tools to effectivel...
Jun 01, 2025•1 hr 45 min
Our impact on future generations has never been greater, and the challenges we face are increasingly long-term. Future-Generation Government proposes ways that we can reward our governments for making durable policy decisions that anticipate future crises. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
May 31, 2025•36 min
This book from Cambridge University Professor Tim Minshall provides an enlightening view of how the world of manufacturing world has an immense influence on our lives. We all reside in a world of multiple manufactured products, which include our clothing, food, furniture, electronics, automobiles, and so many other products upon which we rely, including commercial aviation, pharmeceuticals, baked good, and medical devices. Nonetheless, the processes by which these items are made and enter our li...
May 25, 2025•1 hr 5 min•Ep. 131
Hosts Nina dos Santos and Owen Bennett-Jones are joined by crypto journalist Matt Binder and longtime observer of U.S. politics and policy Edward Luce to explore the staggering wealth being generated by the Trump family’s crypto empire. We also hear from Sergei Sergienko, a crypto entrepreneur who has made and lost hundreds of millions in the crypto markets. Sergei has also faced down gangsters who tried to extort his wealth—an attack that mirrors a recent spate of kidnappings and abductions of ...
May 23, 2025•54 min
Today I interviewed Charles Hecker about Zero Sum. The Arc of International Business in Russia (Oxford UP, 2025). Hecker, a journalist and business consultant, speaks with dozens of Western business executives, bankers, and financiers who reaped immense profits for themselves and their companies in the Russian market, which suddenly opened to foreigners after decades of state planning and economic autarky. These “riskophile” Westerners recall the early post-Soviet Russia as an unchartered territ...
May 21, 2025•1 hr 4 min•Ep. 304
Following a group of US Midwest farmers who purchased tracts of land in the tropical savanna of eastern Brazil, Welcome to Soylandia: Transnational Farmers in the Brazilian Cerrado (Cornell University Press, 2025) by Dr. Andrew Ofstehage investigates industrial farming in the modern developing world. Seeking adventure and profit, the transplanted farmers created what Dr. Ofstehage calls "flexible farms" that have severed connections with the basic units of agriculture: land, plants, and labor. B...
May 19, 2025•46 min•Ep. 234
The Chinese Communist Party’s complex and contradictory embrace of capitalism has played a pivotal role in shaping China’s economic reforms since the late 1970s. The Bird and the Cage: China's Economic Contradictions (Palgrave MacMillan, 2025) explores the persistent tensions between state control and market forces in China. It shows how these tensions provide a framework to understand Xi Jinping’s recent efforts to tighten control over the Chinese economy. It also evaluates the broader implicat...
May 17, 2025•57 min•Ep. 178
Embodying Normalcy: Women’s Work in Neoliberal Times (Lexington Books, 2024) calls attention to how women in the United States do a type of unpaid work to embody the latest trends for the purpose of achieving success in neoliberal culture. Using TLC reality shows, lifestyle and beauty influencers, Brazilian butt lift TikToks, and celebrities like Kim Kardashian as her archive, Lucia Soriano delivers four case studies that draw on gender studies, media studies, disability studies, and American st...
May 15, 2025•55 min•Ep. 251
Donald Trump is putting liberal democracy through its greatest test in 80 years. None of it is original. His style of rule is straight from the democratic backsliders' playbook. To secure long-term power rather than short-term office, rulers must take over the institutions that check and balance majority rule and bend them to their will. Trump has tamed Congress and inserted his people into the Supreme Court, law enforcement, intelligence, and competition regulation but - to his great frustratio...
May 14, 2025•47 min•Ep. 45
How can urban housing, and the land underneath, now account for half of all global wealth? According to Patrick Condon, the simple answer is that land has become an asset rather than a utility. If the rich only indulged themselves with gold, jewels, and art, we wouldn’t have a global housing crisis. But once global capital markets realized land was a good speculative investment, runaway housing costs ensued. In just one city, Vancouver, land prices increased by 600 percent between 2008 and 2016....
May 12, 2025•27 min•Ep. 48
Forest Lost: Producing Green Capitalism in the Brazilian Amazon (2024) is an ethnography of forest carbon offsets and the wider effort to make the living rainforest valuable in the Brazilian Amazon. Situated in the state of Acre, which continuously had to grapple with a complex positionality between frontier and periphery, Maron E. Greenleaf explores forest carbon offset to understand green capitalism. Commodifying forest carbon offset requires keeping carbon in place through forest protection a...
May 11, 2025•50 min•Ep. 362
A tech insider explains how capitalism and software development make for such a dangerous mix. Software was supposed to radically improve society. Outdated mechanical systems would be easily replaced; programs like PowerPoint would make information flow more freely; social media platforms like Facebook would bring people together; and generative AI would solve the world’s greatest ills. Yet in practice, few of the systems we looked to with such high hopes have lived up to their fundamental manda...
May 10, 2025•1 hr 9 min
In My Tax Dollars: The Morality of Taxpaying in America (Princeton University Press, 2025), Ruth Braunstein maps the contested moral landscape in which Americans experience and make sense of the tax system. Braunstein tells the stories of Americans who view taxpaying as more than a mundane chore: antigovernment tax defiers who challenge the legitimacy of the tax system, antiwar activists who resist the use of their taxes to fund war, antiabortion activists against “taxpayer funded abortions,” an...
May 09, 2025•1 hr 13 min•Ep. 412
A fascinating exploration of how algorithms penetrate the most intimate aspects of our psychology—from the pioneering expert on psychological targeting. There are more pieces of digital data than there are stars in the universe. This data helps us monitor our planet, decipher our genetic code, and take a deep dive into our psychology. As algorithms become increasingly adept at accessing the human mind, they also become more and more powerful at controlling it, enticing us to buy a certain produc...
May 08, 2025•42 min•Ep. 142
Liz Pelly has been closely following the evolution of Spotify and other music streaming services and the effect they have had on the music sector and musicians themselves for several years. Her book, Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist (Atria, 2025), paints a depressing picture of how the company has exploited the popularity of playlists to grab a larger share of the money we spend on recorded music. Along with the record companies, Spotify has done this at th...
May 07, 2025•1 hr 29 min•Ep. 280
Whether it's pumping oil, mining resources or shipping commodities across oceans, the global economy runs on extraction. Promises of frictionless trade and lucrative speculation are the hallmarks of our era, but the backbone of globalisation is still low-cost labour and rapacious corporate control. Extractive capitalism is what made - and is still making - our unequal world. In Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy (Verso, 2025) Professor Laleh Khalili refl...
May 05, 2025•1 hr 15 min•Ep. 204
Peoples & Things host, Lee Vinsel, talks to Jessica Smith, Professor in the Engineering, Design, and Society Department and Dean’s Fellow for Earth and Society Programs of the Colorado School of Mines, about her work on engineering and public accountability in energy and mining industries. The pair discuss Smith’s long-held interests in mining and extractive industries, including her roots in coal country; her book, Extracting Accountability: Engineers and Corporate Social Responsibility (MI...
May 05, 2025•1 hr 16 min
More than any one institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed’s philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this secon...
May 04, 2025•51 min•Ep. 177
