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The Economic History podcast is a platform for sharing knowledge, ideas and new research with a general interest audience. Each fortnight, we meet leading academics in the field and discuss a range of topics, including pandemics, long run economic growth, gender issues, financial crises, inequality, sustainable development and a number of weird and fun economic experiments in history. There is no time like the past to help us understand the present.
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איך כלכלנים חושבים על אנשים? האם הם נסמכים על עובדות או מונעים מאידיאולוגיה? האם הם מושפעים מאופנות או נאמנים לעקרונות מדעיים? וכיצד האופן בו הם חושבים ומבינים בני אדם משפיע על ההמלצות למדיניות? או במילים אחרות: על החיים שלנו? הפודקאסט הזה מספר את סיפור חייו של המין הכלכלי, הרעיון המהפכני שאיפשר לתאר את האדם כיצור כלכלי. נשמע כיצד לאורך ההיסטוריה הסתכלו כלכלנים על האדם באופנים שונים, וכיצד אופנים אלה הושפעו ממגמות חברתיות, מדעיות, פוליטיות וכלכליות. אבל הסיפור המענין במיוחד הוא כיצד האופן בו ...
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Murray Rothbard died before he could write the third volume of his famous History of Economic Thought, which would cover the birth and development of the Austrian School, through the Keynesian Revolution and Chicago School. With this six-lecture course, however, the History of Economic Thought is complete. Download the complete audio of this event (ZIP) here.
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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…
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In this episode, we meet Prof. Eric Schneider to discuss the use of data on heights in economic history as a measure of well-being. Eric discusses his use of the crew records on a British ship (in operation for over a century) and what such sources can reveal about human growth patterns over longer time horizons- are they simply a function of incom…
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Guests: Rahul A. Sirohi (Indian Institute of Technology Tirupati) and Sonya Surabhi Gupta (Jamia Milia Islamia) Host and Producer: Maria Bach (Walras Pareto Centre, University of Lausanne) In this episode, I talk to professors Sirohi’s and Gupta’s book on development discourses from India and Latin America. As mentioned in the episode, here is the …
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Decisions to go to war are often framed in cost-benefit terms, and typically such assessments do not factor in longer term costs. However, recent dramatic improvements in American military medicine have had an unanticipated effect: saving more soldiers' lives has vastly increased long-term, downstream costs of war with profound consequences for glo…
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The astonishing behind-the-scenes story of the 1963 film Cleopatra and how it changed the face of Hollywood makes it one of the most fabled films of all time. Starring Elizabeth Taylor and Richard Burton, the film’s making soon became a cautionary tale, for the lavish extravagance of production on Cleopatra all but bankrupted 20th Century Fox and a…
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In many countries, property law grants equal rights to men and women. Why, then, do women still accumulate less wealth than men? Combining quantitative, ethnographic, and archival research, The Gender of Capital: How Families Perpetuate Wealth Inequality (Harvard UP, 2023) explains how and why, in every class of society, women are economically disa…
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In the early nineteenth century, the American commercial marketplace was a chaotic, unregulated environment in which knock-offs and outright frauds thrived. Appearances could be deceiving, and entrepreneurs often relied on their personal reputations to close deals and make sales. Rapid industrialization and expanding trade routes opened new markets…
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Histories of North Korea typically focus on one man — Kim Il Sung — and one narrative — his grand rise to absolute power. Andre Schmid’s new book, North Korea's Mundane Revolution: Socialist Living and the Rise of Kim Il Sung, 1953-1965 (University of California Press, 2024), tells a much more complex and richly textured story. Moving away from the…
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Guilds were prominent in medieval and early modern Europe, but their economic role has seldom been studied. In The European Guilds: An Economic Analysis (Princeton University Press, 2019), Sheilagh Ogilvie offers a wide-ranging examination of what guilds did and how they affected pre-modern economies. As Ogilvie explains, guilds were particularized…
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The creation of the postwar welfare state in Great Britain did not represent the logical progression of governmental policy over a period of generations. As George R. Boyer details in The Winding Road to the Welfare State: Economic Insecurity and Social Welfare Policy in Britain (Princeton University Press, 2019), it only emerged after decades of d…
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In Disruption: The Global Economic Shocks of the 1970s and the End of the Cold War (Cornell University Press, 2024), Dr. Michael De Groot argues that the global economic upheaval of the 1970s was decisive in ending the Cold War. Both the West and the Soviet bloc struggled with the slowdown of economic growth; chaos in the international monetary sys…
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Historians of the American South have come to consider the mechanization and consolidation of cotton farming—the “Southern enclosure movement”—to be a watershed event in the region’s history. In the decades after World War II, this transition pushed innumerable sharecroppers, tenant farmers, and smallholders off the land, redistributing territory a…
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As the sun set slowly on the British Empire in the years after the Second World War, the nation's stately homes were in crisis. Tottering under the weight of rising taxes and a growing sense that they had no place in twentieth-century Britain, hundreds of ancestral piles were dismantled and demolished. Yet - perhaps surprisingly - many of these gre…
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Podcasting in a Platform Age: From an Amateur to a Professional Medium (Bloomsbury, 2024) explores the transition underway in podcasting by considering how the influx of legacy and new media interest in the medium is injecting professional and corporate logics into what had been largely an amateur media form. Many of the most high-profile podcasts …
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Imagine an environmentalist. Are you picturing a Birkenstock-clad hippie? An office worker who hikes on weekends? A political lobbyist? What about a modern day timber worker? This last group is at the center of University of Oregon historian Steven C. Beda's new book, Strong Winds and Widow Makers: Workers, Nature, and Environmental Conflict in Pac…
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In this colorful book, historian Sudev Sheth traces how a family of diamond dealers deployed wealth to play off political leaders and survive the collapse of the Mughal Empire. The story highlights the unique role played by Jain and Hindu bankers in the daily affairs of Islamic, Hindu, and early colonial forms of Indian government. Bankrolling Empi…
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The anti-tax movement is "the most important overlooked social and political movement of the last half century", according to our guest Michael J. Graetz. In his book The Power to Destroy: How the Antitax Movement Hijacked America (Princeton UP, 2024), Graetz chronicles the movement from a fringe theory promoted by zealous outsiders using false eco…
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Free time, one of life’s most precious things, often feels unfulfilling. But why? And how did leisure activities transition from strolling in the park for hours to “doomscrolling” on social media for thirty minutes? Today, despite the promise of modern industrialization, many people experience both a scarcity of free time and a disappointment in it…
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Pet Revolution: Animals and the Making of Modern British Life (Reaktion Books, 2023) tracks the British love affair with pets over the last two centuries, showing how the kinds of pets we keep, as well as how we relate to and care for them, has changed radically. The book describes the growth of pet foods and medicines, the rise of pet shops, and t…
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The Port Authority of New York and New Jersey is everywhere in the New York metropolitan area. Founded in 1921, its portfolio includes airports, marine terminals, bus stations, bridges, tunnels, and real estate. But its history is not widely known and its inner workings are little understood by people who traverse its domain when they fly into John…
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In 1290, Jews were expelled from England and subsequently largely expunged from English historical memory. Yet for two centuries they occupied important roles in mediaeval English society. England’s Jews revisits this neglected chapter of English history—one whose remembrance is more important than ever today, as antisemitism and other forms of rac…
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This provocative and interesting book has received considerable attention. Roaring reviews and interviews include The Financial Times (UK), The Telegraph (UK), Modem (Radio Switzerland Italian), Hufftington Post (Italy), El Diario (Spain), ABC (Australia), History Today (UK), The New Republic (USA), The New Yorker (USA), among others around the wor…
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Deng Xiaoping’s 1992 Southern Tour has become a milestone in Chinese economic history. Historians and commentators credit Deng’s visit to Guangzhou Province for reinvigorating China’s market reforms in the years following 1989—leading to the Chinese economic powerhouse we see today. Journalist Jonathan Chatwin follows Deng’s journey in The Southern…
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Wholesale Couture: London and Beyond, 1930-70 (Bloomsbury, 2023) by Dr. Liz Tregenza seeks to revise the notion that wholesale couturiers were simply copyists and demonstrate the complexities of their design processes and business strategies. This term has fallen out of usage; however, it was used to describe the pinnacle of the British ready-to-we…
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Over thirty years, from 1890 to 1921, 2.5 million Jews, fleeing discrimination and violence in their homelands of Eastern Europe, arrived in the United States. Many sailed on steamships from Hamburg. This mass exodus was facilitated by three businessmen whose involvement in the Jewish-American narrative has been largely forgotten: Jacob Schiff, the…
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In The Atlantic Slave Trade in World History (Routledge, 2015), Jeremy Black presents a compact yet comprehensive survey of slavery and its impact on the world, primarily centered on the Atlantic trade. Opening with a clear discussion of the problems of defining slavery, the book goes on to investigate the Atlantic slave trade from its origins to a…
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Today’s book is: 100 Years of Radio in South Africa, Volume 1: South African Radio Stations and Broadcasters Then & Now (Palgrave MacMillan, 2023), edited by Dr. Sisanda Nkoala (with Gilbert Motsaathebe). The book focuses on South African radio stations and broadcasters in the past and present. It brings together media scholars and practitioners to…
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Although much has been written about the Nazis, one aspect of their rule has been all but overlooked: gambling. While philosophically opposed to gambling, in practice the Nazis relied on gambling to prop up Germany's economy, earn hard currency, and wage war. In Gambling Under the Swastika: Casinos, Horse Racing, Lotteries, and Other Forms of Betti…
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Peoples & Things host, Lee Vinsel, talks with historian and standup comedian, Sean Vanatta, lecturer in economic and social history at the University of Glasgow and senior fellow at the Wharton Initiative for Financial Policy and Regulation, about Vanatta’s cool new book, Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control (Ya…
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Gustavo Guzmán's Attitudes of the Chilean Right toward Jews: From Acceptable Undesirables to Respected Businessmen (Brill, 2022) is the first book in English to discuss the changing attitudes of the Chilean Right toward Jewish immigrants and the State of Israel from the 1930s onwards. Jewish Chileans have ascended rapidly from the status of undesir…
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Peasant Politics of the Twenty-First Century: Transnational Social Movements and Agrarian Change (Cornell University Press, 2024) by Dr. Marc Edelman illuminates the transnational agrarian movements that are remaking rural society and the world's food and agriculture systems. Dr. Edelman explains how peasant movements are staking their claims from …
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In their bestselling book Merchants of Doubt, Naomi Oreskes and Erik M. Conway revealed the origins of climate change denial. Now, in The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market (Bloomsbury. 2023), they unfold the truth about another disastrous dogma: the “magic of the marketplace.” In the early 20th …
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A stirring, comprehensive look at the state of women in the workforce--why women's progress has stalled, how our economy fosters unproductive competition, and how we can fix the system that holds women back. In an era of supposed great equality, women are still falling behind in the workplace. Even with more women in the workforce than in decades p…
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Robert Bruno is a professor of labor and employment relations at the University of Illinois Urbana-Champaign, where he also serves as Director of the Labor Education Program. He is the author of Justified by Work: Identity and the Meaning of Faith in Chicago’s Working-Class Churches; Steelworker Alley: How Class Works In Youngstown; and Reforming t…
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Eighteenth-century France witnessed an unprecedented proliferation of materially unstable art, from oil paintings that cracked within years of their creation to enormous pastel portraits vulnerable to the slightest touch or vibration. In A Delicate Matter: Art, Fragility, and Consumption in Eighteenth-Century France (Penn State University Press, 20…
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In 1717, the Council of Trade and Plantations received "agreeable news" from New England. "Bellamy with his ship and Company" had perished on the shoals of Cape Cod. Who was this Bellamy and why did his demise please the government? Born Samuel Bellamy circa 1689, he was a pirate who operated off the coast of New England and throughout the Caribbea…
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כבר כמעט מאה שנה שהומו אקונומיקוס פועל כדי למקסם את התועלת שלו. לאחר הטיפול של נייט, שהפך את הומו אקונומיקוס שלנו ליצור מגוחך, לקריקטורה של אדם שעסוק כל הזמן בשיפור המצב שלו, ברור לכל שאף אחד לא באמת מבין מהי התועלת הזו שהוא פועל כדי למקסם. מהו הדבר שהומו אקונומיקוס שואף אליו? איזה מין מושג זה "תועלת"? איך אפשר לזהות אותו? או למדוד אותו? איך אפשר ל…
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Rachel S. Gross's Shopping All the Ways to the Woods (Yale University Press, 2024) tells the fascinating history of the profitable paradox of the American outdoor experience: visiting nature first requires shopping No escape to nature is complete without a trip to an outdoor recreational store or a browse through online offerings. This is the irony…
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A new economic history which uncovers the forgotten left-wing, anti-imperial, pacifist origins of economic cosmopolitanism and free trade from the mid-nineteenth to the mid-twentieth century. The post-1945 international free-trade regime was established to foster a more integrated, prosperous, and peaceful world. As US Secretary of State Cordell Hu…
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In an era where states and politicians regularly weaponize moral emotions to foment intergroup conflict and violence, understanding the dynamics of violent mobilization and state authority are more relevant than ever before. In Righteous Revolutionaries: Morality, Mobilization, and Violence in the Making of the Chinese State (U Michigan Press, 2022…
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Famine brought ruin to the Irish countryside in the nineteenth century. In response, people around the world and from myriad social, ethnic, and religious backgrounds became involved in Irish famine relief. They included enslaved Black people in Virginia, poor tenant farmers in rural New York, and members of the Cherokee and Choctaw nations, as wel…
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Through a variety of archival documents, artefacts, illustrations, and references to primary and secondary literature, On the Job: A History of American Work Uniforms (Bloomsbury, 2024) by Dr. Heather Akou explores the changing styles, business practices, and lived experiences of the people who make, sell, and wear service-industry uniforms in the …
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Over the first two-thirds of the twentieth century, as many as eight million whites left the economically depressed southern countryside and migrated to the booming factory towns and cities of the industrial Midwest in search of work. The “hillbilly highway” was one of the largest internal relocations of poor and working people in American history,…
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Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more permissive. Why? Love, Money, and Parenting investigates how economic forces and gr…
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Charles Dallara, managing director of the Institute of International Finance from 1993–2013, talks about his crisis memoir: Euroshock: How the Largest Debt Restructuring in History Helped Save Greece and Preserve the Eurozone (Rodin Books, 2024). Dallara, who co-led a small team who negotiated a €100-billion write-off of Greek debt in 2011-12, disc…
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Nancy Folbre’s The Rise and Decline of Patriarchal Systems: An Intersectional Political Economy (Verso, 2021) asks the questions of why and under what conditions overlapping systems of exploitation persist and decline. Folbre adds this book to a long repertoire of studying the economics of care, social reproduction, household-state relations, and w…
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In the sixteenth century, members of the Ouchi family were kings in all but name in much of Japan. Immensely wealthy, they controlled sea lanes stretching to Korea and China, as well as the Japanese city of Yamaguchi, which functioned as an important regional port with a growing population and a host of temples and shrines. The family was unique in…
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Today we meet with and discuss the recent work of Prof. Leandro Prados de la Escosura. We speak about the concept of economic liberty and discuss whether improvements in measures of health and education map on to GDP per capita over time.....it's not that simple. With new metrics developed by Leandro, we reconsider the standard narratives with exam…
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On July 27th, 1827, the dey of Algiers struck the French consul over his country’s refusal to pay back its debts–specifically, to two Jewish merchant families: the Bacris, and the Busnachs. It was an error of judgment: France blockaded Algiers, and later invaded, turning Algeria into a French colony. The unpaid debt has festered as a diplomatic iss…
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The 2020 toppling of slave-trader Edward Colston's statue by Black Lives Matter protesters in Bristol was a dramatic reminder of Britain's role in trans-Atlantic slavery, too often overlooked. Yet the legacy of that predatory economy reaches far beyond bronze memorials; it continues to shape the entire visual fabric of the country. Architect Victor…
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