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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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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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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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In the nineteenth century, the complex cultural meaning of hair was not only significant—it could affect one’s place in society. After the Civil War, hairdressing was a growing profession and the hair industry a mainstay of local, national, and international commerce. In Beyond Vanity: The History and Power of Hairdressing (MIT Press, 2024), Elizab…
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The surprising history of the Commodore 64, the best-selling home computer of the 1980s—the machine that taught the world that computing should be fun. The Commodore 64 (C64) is officially the best-selling desktop computer model of all time, according to The Guinness Book of World Records. It was also, from 1985 to 1993, the platform for which most…
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Why did Thomas Jefferson write that he would be happy if all dogs went extinct? What economic opportunity did attorney John Lord Hayes envision for the newly emancipated during Reconstruction? What American workers were mocked by Theodore Roosevelt as “morose, melancholy men”? What problems with revenue collection did Congressman James Beauchamp Cl…
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For McDonald’s, the Chicken McNugget, the flagship product of further processed chicken, represented a once-in-a-generation innovation, a snack item that quickly evolved into a meal, spawned a legion of imitators, and gained a large share of the global poultry market. Yet, almost as soon as the McNugget made its North American debut, it quickly bec…
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What are fallen tyrants owed? What makes debt illegitimate? And when is bankruptcy moral? Drawing on new archival sources, this book shows how Latin American nations have wrestled with the morality of indebtedness and insolvency since their foundation, and outlines how their history can shed new light on contemporary global dilemmas. With a focus o…
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Writers of the late seventeenth and early eighteenth centuries—a period of vast economic change—recognized that the global trade in alcohol and tobacco promised a brighter financial future for England, even as overindulgence at home posed serious moral pitfalls. Consuming Anxieties: Alcohol, Tobacco, and Trade in British Satire, 1660-1751 (Bucknell…
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Growing up in a remote corner of the world’s largest rainforest, Pio, Maria, and Oita learned to hunt wild pigs and tapirs, and gathered Brazil nuts and açaí berries from centuries-old trees. The first highway pierced through in 1960. Ranchers, loggers, and prospectors invaded, and the kids lost their families to terrible new weapons and diseases. …
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Peoples & Things host, Lee Vinsel, talks with Joshua Brinkman, Assistant Teaching Professor of Science, Technology, and Society at North Carolina State University, about his book, American Farming Culture and the History of Technology (Routledge, 2024). The book provides a fascinating exploration about how American farmers–contrary to their image a…
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In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national currency; there was not one monetary standard but many. Silver coins circulated alongside chunks of silver and every transaction became an "encounter of wits."…
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Politicians, economists, and the media have put forth no shortage of explanations for the mounting problem of wealth inequality – a loss of working class jobs, a rise in finance-driven speculative capitalism, and a surge of tax policy decisions that benefit the ultra-rich, among others. While these arguments focus on the macro problems that contrib…
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As Twitter enters its own adolescence, both the users and the creators of this famous social media platform find themselves engaging with a tool that certainly could not have been imagined at its inception. In their engaging book Twitter: A Biography (NYU Press, 2020), Jean Burgess and Nancy K. Baym (@nancybaym) tell the fascinating and surprising …
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Joshua Rothman’s The Ledger and the Chain: How Domestic Slave Traders Shaped America was published by Basic Books in 2021, and tells a sprawling history of slave traders in America. Often presented as outcasts and social pariahs, slave traders were often instead wealthy and respected members of their communities. Rothman explores the lives and care…
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For over a century Mexico has been embroiled in a drug war dictated by the demands of their neighbor to the north. In The Dope: The Real History of the Mexican Drug Trade (W. W. Norton, 2021), Benjamin T. Smith offers a history of the trade and its effects upon the people of Mexico. As he reveals, at the start of the 20th century drugs such as mari…
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During the middle decades of the twentieth century, the production of America’s consumer culture was centralized in New York to an extent unparalleled in the history of the United States. Every day tens of thousands of writers, editors, artists, performers, technicians, and secretaries made advertisements, produced media content, and designed the s…
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The story of the driver is the story of Atlantic slavery. Starting in the seventeenth-century Caribbean, enslavers developed the driving system to solve their fundamental problem: how to extract labor from captive workers who had every reason to resist. In this system, enslaved Black drivers were tasked with supervising and punishing other enslaved…
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In the late-18th century, a group of publishers in what historian Robert Darnton calls the "Fertile Crescent" — countries located along the French border, stretching from Holland to Switzerland — pirated the works of prominent (and often banned) French writers and distributed them in France, where laws governing piracy were in flux and any notion o…
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John Eglin talks with Jana Byars about The Gambling Century: Commercial Gaming in Britain from Restoration to Regency (Oxford UP, 2023). Gambling captures as nothing else the drama of the "long eighteenth century" between the age of religious wars and the age of revolutions. The society that was confronted with games of chance pursued as commercial…
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In this episode, Alisa interviews Dr. Marianne Kamp to celebrate the release of her new book, Collectivization Generation: Oral Histories of a Social Revolution in Uzbekistan, recently published by Cornell University Press. Collectivization Generation is a history of agricultural collectivization in Soviet Uzbekistan that relies on oral history acc…
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How do ordinary people write the stories of their lives? In A Hundred English Working-Class Lives, 1900-1945 (Palgrave MacMillan, 2024), Rebecca Ball, a lecturer in history at Manchester Metropolitan University, presents the microhistory of a series of working-class autobiographies. Ranging from childhood experiences, through education, work, marri…
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Many authors have written about the Manila Galleons, the massive ships that took goods back and forth between Acapulco and Manila, ferrying silver one way, and Chinese-made goods the other. But how did the Galleons actually work? Who paid for them? How did buyers and sellers negotiate with each other? Who set the rules? Why on earth did the shipper…
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In popular memory the repeal of US Prohibition in 1933 signaled alcohol’s decisive triumph in a decades-long culture war. But as Dr. Lisa Jacobson reveals in Intoxicating Pleasures: The Reinvention of Wine, Beer, and Whiskey after Prohibition (University of California Press, 2024), alcohol’s respectability and mass market success were neither sudde…
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How the creation of money and monetary policy can be more democratic. The power to create money is foundational to the state. In the United States, that power has been largely delegated to private banks governed by an independent central bank. Putting monetary policy in the hands of a set of insulated, nonelected experts has fueled the popular reje…
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As writers, musicians, online content creators, and other independent workers fight for better labor terms, romance authors offer a powerful example—and a cautionary tale—about self-organization and mutual aid in the digital economy. In Love in the Time of Self-Publishing: How Romance Writers Changed the Rules of Writing and Success (Princeton Univ…
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The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World …
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Famous today for the shops lining its sloped street, the Ponte Vecchio is the last premodern bridge spanning the Arno River at Florence and one of the few remaining examples of the once more prevalent urbanized bridge type. Drawing from early Florentine chronicles and previously unpublished archival documents, The Ponte Vecchio: Architecture, Polit…
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Balls of Confusion: Pro Basketball Goes to War(1965-70) is the first of a two-part story about one of the most transformative events inpro basketball history: the war between the National Basketball Association and its challenger the American Basketball Association (ABA).From this nine-year battle for the heart of the game, modern pro basketball em…
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Challenging mainstream narratives in political economy, the new book Feminist Political Economy: A Global Perspective (Agenda Publishing, 2023) serves as an introduction to a new era of critical research. It is written by Prof. Sara Cantillon, Dr. Sara Stevano and Prof. Odile Mackett, who have carried out incredible work to deconstruct gender-blind…
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Domestic Service in the Soviet Union: Women's Emancipation and the Gendered Hierarchy of Labor (Cambridge University Press, 2024) by Dr. Alissa Klots is the first to explore the evolution of domestic service in the Soviet Union, set against the background of changing discourses on women, labour, and socialist living. Even though domestic service co…
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This study of organizing and decluttering professionals helps us understand—and perhaps alleviate—the overwhelming demands society places on our time and energy. For a widely dreaded, often mundane task, organizing one’s possessions has taken a surprising hold on our cultural imagination. Today, those with the means can hire professionals to help s…
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The engaging story of Intellivision, an overlooked videogame system from the late 1970s and early 1980s whose fate was shaped by Mattel, Atari, and countless others who invented the gaming industry. Astrosmash, Snafu, Star Strike, Utopia—do these names sound familiar to you? No? Maybe? They were all videogames created for the Intellivision videogam…
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During the era of the Atlantic slave trade, more than twelve million enslaved Africans were forcibly transported to the Americas in cramped, inhumane conditions. Many of them died on the way, and those who survived had to endure further suffering in the violent conditions that met them onshore. Covering more than three hundred years, Humans in Shac…
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Check out this trailer for a miniseries on supervision coming very soon! The voices featured in the trailer are Charles Rose, Pedro Garcia Duarte and Bianca Maria Fontana. Stay tuned for more thoughts, discussions and insightful voices! Featured music (apart from the usual intro and outro music): Bright Morning Energy by LolaMoore License: Attribut…
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Digitizing Domesticity in the 1980s: The Intimate Life of Computers (U Minnesota Press, 2024) shows how the widespread introduction of home computers in the 1980s was purposefully geared toward helping sustain heteronormative middle-class families by shaping relationships between users. Moving beyond the story of male-dominated computer culture, th…
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In 1918, South Africa’s climate seemed to be drying up. White farmers claimed that rainfall was dwindling, while nineteenth-century missionaries and explorers had found riverbeds, seashells, and other evidence of a verdant past deep in the Kalahari Desert. Government experts insisted, however, that the rains weren’t disappearing; the land, long sus…
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Shortly after the ratification of the US Constitution in 1789, twenty-two-year-old Andrew Jackson pledged his allegiance to the king of Spain. Prior to the Louisiana Purchase, imperial control of the North American continent remained an open question. Spain controlled the Mississippi River, closing it to American trade in 1784, and western men on t…
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Peoples & Things host, Lee Vinsel, talks to Benjamin Shestakofsky about his book, Behind the Startup: How Venture Capital Shapes Work, Innovation, and Inequality (U California Press, 2024). Shestakofsky is Assistant Professor of Sociology at the University of Pennsylvania, where he is affiliated with AI at Wharton and the Center on Digital Culture …
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Today I’m speaking with Jeffrey Pilcher, Professor of Food History at the University of Toronto. We are discussing his new book, Hopped Up: How Travel, Trade, and Taste Made Beer a Global Commodity (Oxford University Press, 2024). While beer, or even alcohol for that matter, is not consumed in many parts of the world, its near universality is still…
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How does the music industry actually work? In Corporate Life in the Digital Music Industry: Remaking the Major Record Label from the Inside Out Toby Bennett, a Senior Lecturer in Media, Culture & Organisation in the School of Media and Communications at the University of Westminster offers a deep ethnography of everyday life in a contemporary recor…
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Few subjects in European welfare history attract as much attention as the nineteenth-century English and Welsh New Poor Law. Its founding statute was considered the single most important piece of social legislation ever enacted, and at the same time, the coming of its institutions - from penny-pinching Boards of Guardians to the dreaded workhouse -…
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In the decades before the First World War, the owners of the nation’s stately homes revelled in a golden age of glory and glamour. Nothing lay beyond their reach in a world where privilege and hedonism went hand-in-hand with duty and honour. This was a time when the ancestral seats of ancient nobility stood side-by-side with the fabulous palaces of…
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Casting an eye toward the frantic vertical urbanization of Toronto, Condoland: The Planning, Design, and Development of Toronto’s CityPlace (UBC, 2023) traces the forty-year history of the city’s largest residential megaproject. James T. White and John Punter summarize the tools used to shape Toronto’s built environment and critically explore the u…
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The China Business Conundrum: Ensure That "Win-Win" Doesn't Mean Western Companies Lose Twice (Wiley, 2024) describes former CEO of Silicon Valley Bank (SVB) Ken Wilcox's firsthand challenges he encountered in four years “on the ground” trying to establish a joint venture between SVB and the Chinese government to fund local innovation design―and th…
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How Government Built America (Cambridge UP, 2024) challenges growing, anti-government rhetoric by highlighting the role government has played in partnering with markets to build the United States. Sidney A. Shapiro and Joseph P. Tomain explore how markets can harm and fail the country, and how the government has addressed these extremes by restorin…
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Love and the Working Class: The Inner Worlds of Nineteenth Century Americans (Oxford University Press, 2024) by Dr. Karen Lystra is a unique look at the emotions of hard-living, nineteenth-century Americans who were often on the cusp of literacy. These laboring folk highly valued letters and, however difficult it was, wrote to stay connected to tho…
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Was migration to Germany a blessing or a curse? The main argument of this book is that the Greek state conceived labor migration as a traineeship into Europeanization with its shiny varnish of progress. Jumping on a fully packed train to West Germany meant leaving the past behind. However, the tensed Cold War realities left no space for illusions; …
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In this episode, we chat with Assoc. Prof. Erik Bengtsson about his extensive work on income inequality. What is the capital share of National Income, why does it matter and why does it change? We discuss the role of democracy and the "Great Levelling" in equality that occurred in Sweden and elsewhere in the first half of the twentieth century. Eri…
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Ryan Moran’s Selling the Future: Community, Hope, and Crisis in the Early History of Japanese Life Insurance (Cornell UP, 2023) is a history of the life insurance industry in Japan from its origins in the early 1880s to Japan’s surrender in 1945. Moran shows how both private and public insurers exploited a mix of “certainty, fear, and optimism” to …
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In Slow Wood: Greener Building from Local Forests (Yale UP, 2024), environmental historian Brian Donahue advances a radical proposal for healing the relationship between humans and forests through responsible, sustainable use of local and regional wood in home building. American homes are typically made of lumber and plywood delivered by a global s…
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Dangerous Anarchist Strikers (Brill, 2023) explores the ideas of three largely forgotten radical women who participated in labor union strikes in Argentina and Uruguay, Canada, and the United States: Virginia Bolten (c.1876-1960), one of the most militant anarchists of southern South America; Helen Armstrong (1875-1947), a major leader of the Winni…
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In recent decades, the disciplines of retail history, business history, design and cultural history have contributed to the study of department stores and other types of shops. However, these studies have only made passing references to window display and its role in retail, society and culture. In The Professionalization of Window Display in Brita…
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