New Books in Finance - podcast cover

New Books in Finance

Marshall Poe
Interviews with Scholars of Finance about their New Books Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Episodes

Tim Jackson, "Post Growth: Life after Capitalism" (Polity, 2021)

I spoke with Prof. Tim Jackson about his latest book: Post Growth, Life after Capitalism, published by Polity Books in 2021. The book starts with a reflection on the event of the past few months. The success in 2019 of the school strikes for climate, the attention that Greta Thunberg received even in Davos, and the arrival of the pandemic that changed our priorities. Even the 2009 crisis challenged the degrowth movement when we experienced the consequences of the recession. I have asked how do w...

May 07, 202152 minEp. 65

Lila Corwin Berman, "The American Jewish Philanthropic Complex: The History of a Multibillion-Dollar Institution" (Princeton UP, 2020)

For years, American Jewish philanthropy has been celebrated as the proudest product of Jewish endeavors in the United States, its virtues extending from the local to the global, the Jewish to the non-Jewish, and modest donations to vast endowments. Yet, as Lila Corwin Berman illuminates in The American Jewish Philanthropic Complex: The History of a Multibillion-Dollar Institution (Princeton University Press, 2020), the history of American Jewish philanthropy reveals the far more complicated real...

May 05, 202155 minEp. 219

C. G. Faricy and C. Ellis, "The Other Side of the Coin: Public Opinion toward Social Tax Expenditures" (Russell Sage Foundation, 2021)

In The Other Side of the Coin: Public Opinion toward Social Tax Expenditures (Russell Sage Foundation, 2021), political scientists Christopher Ellis and Christopher Faricy examine public opinion towards social tax expenditures—the other side of the American social welfare state—and their potential to expand support for such social investment. Tax expenditures seek to accomplish many of the goals of direct government expenditures, but they distribute money indirectly, through tax refunds or reduc...

May 04, 202138 minEp. 105

Michael Blakey: Entrepreneur, Angel and Seed Investor

In this podcast Michael Blakey describes how as a strongly dyslexic child his relationship with schooling and formal education was very challenging. He credits his parents with putting him in environments where he developed a lot of resilience - going to boarding schools from the age of seven, and only later in life realising that this was unusual. His early experiences retailing sweets and vodka at school, led to large scale warehouse parties in the US, flipping real estate in London and making...

May 03, 20212 hr 30 minEp. 62

Rachel Z. Friedman, "Probable Justice: Rethinking the Politics of Risk" (U Chicago Press, 2020)

The emergence of individual and commercial insurance in Early Modern Europe required an understanding of probability. In Probable Justice: Rethinking the Politics of Risk (U Chicago Press, 2020), Rachel Friedman highlights the political thinking that developed side by side with the advances in statistical methods. By the 20th century, small scale, group insurance had become national programs with profound political implications. Friedman's work traces how what she calls probabilistic social insu...

Apr 20, 202143 minEp. 31

Karen Petrou, "Engine of Inequality: The Fed and the Future of Wealth in America" (Wiley, 2021)

Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Instead of pr...

Apr 13, 202135 minEp. 102

Mungo Keulemans: CEO and Entrepreneur

Mungo Keulemans talks about growing up in South Africa, working in the family business, his army experiences, his move to Europe, Japan and back to Europe. We hear about his entrepreneurial journey in the family business in Poland, and after its sale to one of the world’s leading companies, his time in the larger corporation and his return to entrepreneurial life leading to his investment and CEO role at PMR. The NBN Entrepreneurship and Leadership podcast aims to educate and entertain, sharing ...

Apr 12, 20212 hr 33 minEp. 59

Pedro Gustavo Teixeira, "The Legal History of the European Banking Union: How European Law Led to the Supranational Integration of the Single Financial Market" (Hart, 2020)

Today I talked to Pedro Gustavo Teixeira about his new book The Legal History of the European Banking Union: How European Law Led to the Supranational Integration of the Single Financial Market (Hart, 2020) Since 1950, the political and economic integration of Europe has tended to accelerate through functional mini-unions: coal and steel, nuclear power, and – in the wake of the coronavirus pandemic - it could well be healthcare next. The most recent of these mini-federations is the European Bank...

Apr 12, 202146 minEp. 44

Adam Bryant and Kevin Sharer, "The CEO Test: Master the Challenges That Make or Break All Leaders" (Harvard Business Press, 2021)

Today I talked to Adam Bryant about his new book (co-authored with Kevin Sharer), The CEO Test: Master the Challenges That Make or Break All Leaders (Harvard Business Press, 2021). Adam Bryant is managing director of Merryck & Co, a leadership development and mentoring firm. Before then, Adam was a journalist for 30 years, including at the New York Times where he authored the “Corner Office” column. He’s a speaker, teacher, and frequent contributor on CNBC. This episode is rooted in the seven pa...

Apr 08, 202136 minEp. 49

Richard Pomfret, "The Road to Monetary Union" (Cambridge UP, 2021)

“Economics is the long-run driver” in the history of Europe’s monetary union, writes Richard Pomfret in the first of a new Cambridge Elements series on the Economics of European Integration: The Road to Monetary Union (Cambridge University Press, 2021). “Politics often determined the timing of the next step ... but it has not determined the direction of change”. In this "Element" – intended to be “longer than standard journal articles yet shorter than normal-length book manuscripts”, according t...

Apr 07, 202135 minEp. 43

Florian Faes: Entrepreneur and Managing Director

In this episode Florian Feas describes his route into setting up Slator: to solve problems he became aware of, as a result of working in the translation industry in senior positions. He outlines the importance of having a co-founder with complementary skills and how SaaS business tools enabled him to scale his business fast and cost effectively We draw out lessons that any entrepreneur can benefit from hearing. Florian Faes is the Managing Director of Slator, a business media and advisory firm f...

Apr 05, 20211 hr 12 minEp. 58

W. Quinn and J. D. Turner, "Boom and Bust: A Global History of Financial Bubbles" (Cambridge UP, 2020)

Are we in the midst of a financial bubble? Do the current valuations of the electronic vehicle stocks or their SPACs make you raise an eyebrow? The trouble with bubbles is that they are hard to spot from within, and much easier to define and analyze after the fact. In their new book, Boom and Bust: A Global History of Financial Bubbles (Cambridge University Press, 2020), William Quinn and John D. Turner analyze past instances of extreme speculation to come up with a typology of the phenomenon. U...

Mar 30, 202152 minEp. 30

Ashutosh Garg: Entrepreneur, Author and Podcaster

In this episode we talk to Ashutosh about his upbringing and journey into corporate life, and the lessons that taught him. His route into entrepreneurship to build the “Boots of India”,which grew to be India’s largest retail pharmacy chain, and his life post-exit as an author and podcaster. 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 conversati...

Mar 29, 20211 hr 13 minEp. 57

Chuck Collins, "The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions" (Polity, 2021)

For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defense Industry. These ‘agents of inequality’ are paid millions to hide trillions for the richest 0.01%. In The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions (Polity, 2021), inequality expert Chuck Collins, who himself inherited a fortune, interviews the leading players and gives a unique insider account of how this industry is doing everything it can to cr...

Mar 26, 202137 minEp. 100

Veronique Ozkaya: Chief Executive Officer at Argos Multilingual

Veronique Ozkaya shares her teenage experience working in the family business, why she wanted to get away from her hometown, her brief career as a diplomat, and rapid rise to a leading position in the translation industry. Veronique shares her insights into gender diversity (or its absence) in the industry, and her approach to leadership. The NBN Entrepreneurship and Leadership podcast aims to educate and entertain, sharing insights based on the personal stories of our carefully selected guests ...

Mar 23, 20211 hr 21 minEp. 55

Paul Vallely, "Philanthropy: From Aristotle to Zuckerberg" (Bloomsbury Continuum, 2020)

In this magnum opus, Paul Vallely guides the reader on a journey through the history and meaning of giving in religion and society. Vivid with anecdote and scholarly insight, this magisterial survey – from the ancient Greeks to today's high-tech geeks – provides an original take on the history of philanthropy. It shows how giving has, variously, been a matter of honor, altruism, religious injunction, political control, moral activism, enlightened self-interest, public good, personal fulfillment ...

Mar 08, 202156 minEp. 43

Mark R. Rank, "Poorly Understood: What America Gets Wrong about Poverty" (Oxford UP, 2021)

Few topics have as many myths, stereotypes, and misperceptions surrounding them as that of poverty in America. The poor have been badly misunderstood since the beginnings of the country, with the rhetoric only ratcheting up in recent times. Our current era of fake news, alternative facts, and media partisanship has led to a breeding ground for all types of myths and misinformation to gain traction and legitimacy. Poorly Understood: What America Gets Wrong about Poverty (Oxford UP, 2021) is the f...

Mar 04, 202140 minEp. 99

Introduction to the Entrepreneurship and Leadership Podcast

In this episode Kimon and Richard explain why they are launching the NBN Entrepreneurship and Leadership podcast, the topics they are going to delve into with their guests and what aspects of their guests’ entrepreneurial journeys they are most interested in. What has been the role of background and upbringing, social and family pressures, education (or lack of it), and their attitudes to competition and luck. Despite their common business history Kimon and Richard highlight differences in their...

Mar 01, 202138 minEp. 1

L. Vinsel and A. L. Russell, "The Innovation Delusion: How Our Obsession with the New Has Disrupted the Work That Matters Most" (Currency, 2020)

It’s hard to avoid innovation these days. Nearly every product gets marketed as being disruptive, whether it’s genuinely a new invention or just a new toothbrush. But in this manifesto on the state of American work, historians of technology Lee Vinsel and Andrew L. Russell argue that our way of thinking about and pursuing innovation has made us poorer, less safe, and—ironically—less innovative. Drawing on years of original research and reporting, The Innovation Delusion: How Our Obsession with t...

Feb 24, 202154 minEp. 278

S. Carlsson and J. Leijonhufvud, "The Spotify Play: How CEO and Founder Daniel Ek Beat Apple, Google, and Amazon in the Race for Audio Dominance" (Diversion Books, 2021)

Fifteen years ago in Stockholm, Daniel Ek and Martin Lorentzon had a big idea. The music industry was playing a desperate game of whack-a-mole with piracy via file sharing but this was proving as hopeless as the War on Drugs. Why not, they thought, use the new torrenting technologies to bring piracy in from the cold and make themselves rich in the process? In 2006, they founded Spotify with a handful of engineers, no licences and no revenue. Today, Spotify is the world's most popular audio strea...

Feb 18, 202150 minEp. 59

M. Haentjens and P. De Gioia-Carabellese, "European Banking and Financial Law" (Routledge, 2020)

Even without the loss of the City of London from its jurisdiction, the EU has gone through a decade-long revolution in financial supervision and regulation since Lehman Brothers’ bankruptcy in 2008. The directives and regulations introduced in the wake of the crisis took years to negotiate, implement and stress-test against political reality in the last five years. The second wave of the crisis, which exposed the “doom loop” between fiscally weak states and their pet banks, spawned the European ...

Feb 12, 202147 minEp. 65

N. Darshan-Leitner and S. M. Katz, "Harpoon: Inside the Covert War Against Terrorism's Money Masters" (Hachette, 2017)

Covid-19 is the global threat that owns today’s headlines, but the threat of international and domestic terrorism is still very much with us. Specifically, the widespread upheaval, uncertainty and global anxiety occasioned by the COVID-19 pandemic has been seen by terror organizations as a golden opportunity to tie their messaging to information about the disease and intensify their propaganda for purposes of recruitment and incitement to violence. Whether it’s Boko Haram or ISIS, Hezbollah or H...

Feb 08, 202157 minEp. 41

Manfred Steger and Ravi Roy, "Neoliberalism: a Very Short Introduction" (Oxford University Press, 2021)

George Orwell once said that “the word ‘fascism’ has now no meaning except in so far as it signifies ‘something not desirable’”. The word ‘neoliberalism’ knows exactly how it feels. How did a term coined by a group of anti-authoritarian German economists in the 1930s to label a philosophy that stressed the role of the state in ensuring efficient competition turn into more of an insult than a description 50 years later? Has the nationalist tide that swept through Washington, London, Rome, Brasíli...

Feb 08, 202151 minEp. 57

Reducing Poverty through Digital Finance Schemes in Myanmar: A Discussion with Dr Russell Toth

Financial inclusion has been one of the most prominent issues on the international development agenda in recent years, as access to payments, remittances, credit, savings and insurance services have been shown to improve economic resilience and livelihoods. While bank account access remains low in many developing countries, widespread access to mobile phones is providing a platform to push financial access even into remote areas. The Covid-19 pandemic has only reinforced the importance of digita...

Feb 04, 202121 minEp. 13

Joshua Mendelsohn, "The Cap: How Larry Fleisher and David Stern Built the Modern NBA" (U Nebraska Press, 2020)

Today the salary cap is an NBA institution, something fans take for granted as part of the fabric of the league or an obstacle to their favorite team’s chances to win a championship. In the early 1980s, however, a salary cap was not only novel but nonexistent. The Cap: How Larry Fleisher and David Stern Built the Modern NBA (University of Nebraska Press, 2020) tells the fascinating, behind-the-scenes story of the deal between the NBA and the National Basketball Players Association that created t...

Feb 02, 20211 hr 5 minEp. 183

Hilton L. Root, "Network Origins of the Global Economy: East vs. West in a Complex Systems Perspective" (Cambridge UP, 2020)

Twenty-eight years after Francis Fukuyama declared the “end of history” and pronounced Western-style liberalism as the culmination of a Hegelian narrative of progress, pundits and academics of all stripes find themselves struggling to explain the failed prediction that China’s increased activity in international markets would inevitably lead to increasing political and social liberalization in that country. With his ground-breaking book, Network Origins of the Global Economy: East vs. West in a ...

Jan 18, 20211 hr 13 minEp. 26

C. Decker and E. McMahon, "The Idea of Development in Africa: A History" (Cambridge UP, 2020)

The Idea of Development in Africa: A History (Cambridge UP, 2020) challenges prevailing international development discourses about the continent, by tracing the history of ideas, practices, and 'problems' of development used in Africa. In doing so, it offers an innovative approach to examining the history and culture of development through the lens of the development episteme, which has been foundational to the 'idea of Africa' in western discourses since the early 1800s. The study weaves togeth...

Jan 13, 20211 hr 10 minEp. 90

Virginia Torrie, "Reinventing Bankruptcy Law: A History of the Companies’ Creditors Arrangement Act" (U Toronto Press, 2020)

Reinventing Bankruptcy Law: A History of the Companies’ Creditors Arrangement Act (University of Toronto Press, 2020) explodes conventional wisdom about the history of the Companies’ Creditors Arrangement Act and in its place offers the first historical account of Canada’s premier corporate restructuring statute. The book adopts a novel research approach that combines legal history, socio-legal theory, ideas from political science, and doctrinal legal analysis. Meticulously researched and multi-...

Jan 11, 202145 minEp. 119

Weijian Shan, "Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank" (John Wiley, 2020)

Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank (Wiley, 2020) by Weijian Shan’s, is a riveting tale of one of the most successful buyout deals ever: the acquisition and turnaround of what used to be Korea’s largest bank by the American firm Newbridge Capital. Full of intrigue and suspense, this insider's account is told by the chief architect of the deal itself, the celebrated author and private equity investor Weijian Shan. With billions of dollars at sta...

Jan 08, 202141 minEp. 57

Tara McIndoe-Calder, "Hyperinflation in Zimbabwe: Background, Impact, and Policy" (Palgrave, 2019)

In the wake of the 2008-09 financial crisis, Adam Fergusson's When Money Dies: The Nightmare of the Weimar Hyperinflation became an unlikely publishing hit more than three decades after its release. Yet, even though few people knew the details of the 1923 crisis, stories and images from interbellum Germany are things of legend. The same cannot be said of the many other hyperinflationary episodes in the past century and especially the two most severe: the first in postwar Hungary and the second j...

Jan 04, 202148 minEp. 56