New Books In Economics

Zachary Parolin's book Poverty in the Pandemic: Policy Lessons from COVID-19 (Russell Sage Foundation, 2023) is interested in poverty during the COVID-19 pandemic in the U.S., as well as what the pandemic teaches us about how to think about poverty, and policies designed to reduce it, well after the pandemic subsides. Four main questions guide the book's focus. First, how did poverty influence the consequences of the COVID-19 pandemic? Second, what was the role of government income support in reducing poverty during the pandemic? Third, what lessons does the COVID-19 pandemic offer for the way we measure and conceptualize poverty in the U.S.? And fourth, what policy lessons should we take from the pandemic for efforts to improve the economic well-being of households in the future? In answering these four questions, this book not only provides a comprehensive, descriptive portrait of policy and poverty outcomes during the pandemic but also identifies policy takeaways for improving economic opportunity beyond i

Bookshop.org is an online book retailer that donates more than 80% of its profits to independent bookstores. Launched in 2020, Bookshop.org has already raised more than $27,000,000. In this interview, Andy Hunter, founder and CEO discusses his journey to creating one of the most revolutionary new organizations in the book world. Bookshop has found a way to retain the convenience of online book shopping while also supporting independent bookstores that are the backbones of many local communities.  Andy Hunter is CEO and Founder of Bookshop.org. He also co-created Literary Hub. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

A surge in interest in black reparations is taking place in America on a scale not seen since the Reconstruction Era. The Black Reparations Project: A Handbook for Racial Justice (U California Press, 2023) gathers an accomplished interdisciplinary team of scholars--members of the Reparations Planning Committee--who have considered the issues pertinent to making reparations happen. This book will be an essential resource in the national conversation going forward. The first section of The Black Reparations Project crystallizes the rationale for reparations, cataloguing centuries of racial repression, discrimination, violence, mass incarceration, and the immense black-white wealth gap. Drawing on the contributors' expertise in economics, history, law, public policy, public health, and education, the second section unfurls direct guidance for building and implementing a reparations program, including draft legislation that addresses how the program should be financed and how claimants can be identified and compe

Inequality has always been key to understanding Indonesia’s development. But this is a multidimensional issue, and one that has manifested in vastly different ways in Indonesia over the years: from low and stable inequality, to the aspiration to inequality, to the relationship between inequality and collective violence. The way we understand inequality is contingent on what objects (of inequality) we are looking at, how it is conceptualised, and how it is measured. Zulfan Tadjoeddin, Associate Professor in Development Studies at Western Sydney University (WSU) shares the thinking he has on these issues. Inequality has been central to Zulfan’s research on political economy of development, about which he has published two books. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

It’s been over three years since the UK withdrew from the EU and no one – not even the most ardent Brexiter – thinks it has gone well so far. Defending the cause after yet another summertime setback, the best Matthew Lesh from the Institute of Economic Affairs could offer was: “Brexit simply means that British representatives can make … choices, not that they must point in any particular direction”. Ever since the British voted to leave the EU in 2016, millions of words have been written for and against the process but Peter Foster’s What Went Wrong With Brexit: And What We Can Do About (Canongate Books, 2023) is the first book to assess the deep economic scars left by Brexit and provide politically realistic palliatives. He writes: "There is little mileage in relitigating the history of Brexit - as the saying goes, 'we are where we are' - but that does not mean accepting that the UK has to remain in its current state of Brexit purgatory". Since 2020, Peter Foster has been the Financial Times's public policy

Unionizing the Ivory Tower: Cornell Workers' Fifteen-Year Fight for Justice and a Living Wage (ILR Press, 2023) chronicles how a thousand low-paid custodians, cooks, and gardeners succeeded in organizing a union at Cornell University. Al Davidoff, the Cornell student leader who became a custodian and the union's first president, tells the extraordinary story of these ordinary workers with passion, sensitivity, and wit. His memoir reveals how they took on the dominant power in the community, built a strong organization, and waged multiple strikes and campaigns for livable wages and their dignity. Their strategies and tactics were creative and feisty, founded on worker participation and ownership. The union's commitment to fairness, equity, and economic justice also engaged these workers—mostly rural, white, and conservative—at the intersections of racism, sexism, classism, and homophobia. Davidoff's story demonstrates how a fighting union can activate today's working class to oppose antidemocratic and white su

In Industry Unbound: The Inside Story of Privacy, Data, and Corporate Power (Cambridge UP, 2021), Ari Ezra Waldman exposes precisely how the tech industry conducts its ongoing crusade to undermine our privacy. With research based on interviews with scores of tech employees and internal documents outlining corporate strategies, Waldman reveals that companies don't just lobby against privacy law; they also manipulate how we think about privacy, how their employees approach their work, and how they weaken the law to make data-extractive products the norm. In contrast to those who claim that privacy law is getting stronger, Waldman shows why recent shifts in privacy law are precisely the kinds of changes that corporations want and how even those who think of themselves as privacy advocates often unwittingly facilitate corporate malfeasance. This powerful account should be read by anyone who wants to understand why privacy laws are not working and how corporations trap us into giving up our personal information. J

A sweeping and surprising new understanding of extreme poverty in America from the authors of the acclaimed $2.00 a Day: Living on Almost Nothing in America.  Three of the nation’s top scholars – known for tackling key mysteries about poverty in America – turn their attention from the country’s poorest people to its poorest places. Based on a fresh, data-driven approach, they discover that America’s most disadvantaged communities are not the big cities that get the most notice. Instead, nearly all are rural. Little if any attention has been paid to these places or to the people who make their lives there.  This revelation set in motion a five-year journey across Appalachia, the Cotton and Tobacco Belts of the Deep South, and South Texas. Immersing themselves in these communities, pouring over centuries of local history, attending parades and festivals, the authors trace the legacies of the deepest poverty in America—including inequalities shaping people’s health, livelihoods, and upward social mobility for fa

Robert Eberhart, Associate Professor of Management and Faculty Director of International Business at the University of San Diego, talks about his work on the ideology of entrepreneurship with Peoples & Things host, Lee Vinsel. Eberhart's work is partly motivated by his own work as a businessman and successful entrepreneur and finding that academic publications from business schools significantly diverged from his and others' experiences in actual businesses. Eberhart and Vinsel also talk about how Eberhart has drawn together teams of researchers, including at the Reversing the Arrow conference, to study the ideological dimensions of entrepreneurship and how it has spread around the globe. Lee Vinsel is an associate professor in the Department of Science, Technology and Society at Virginia Tech. He studies human life with technology, with particular focus on the relationship between government, business, and technological change. His first book, Moving Violations: Automobiles, Experts, and Regulations in the

Public-Private Partnerships (PPPs) have gained a renewed momentum in recent years, and have come to be viewed by governments and funders alike as a silver bullet for infrastructure development and public service provision. Critiques of the corporate capture of development are well established, yet until now the urgent question of the impacts of PPPs on women's human rights around the world has remained under-explored.  Corina Rodríguez Enríquez and Masaya Llavaneras Blanco's book Corporate Capture of Development: Public-Private Partnerships, Women’s Human Rights, and Global Resistance (Bloomsbury, 2023) aims to fill the gap, providing new insights from a set of case studies from across the Global South. Bringing an intersectional feminist approach to PPPs, these cases enable analysis that can inform advocacy and activism, whilst challenging dominant narratives and resisting the negative impacts of PPPs on women and historically marginalized communities' human rights. Widely advocating for stronger regulatory

In Tree Thieves: Crime and Survival in North America's Woods (Little, Brown Spark, 2022), Lyndsie Bourgon takes us deep into the underbelly of the illegal timber market. As she traces three timber poaching cases, she introduces us to tree poachers, law enforcement, forensic wood specialists, the enigmatic residents of former logging communities, environmental activists, international timber cartels, and indigenous communities along the way. Old-growth trees are invaluable and irreplaceable for both humans and wildlife, and are the oldest living things on earth. But the morality of tree poaching is not as simple as we might think: stealing trees is a form of deeply rooted protest, and a side effect of environmental preservation and protection that doesn't include communities that have been uprooted or marginalized when park boundaries are drawn. As Bourgon discovers, failing to include working class and rural communities in the preservation of these awe-inducing ecosystems can lead to catastrophic results. Fea

Economist, historian, and author Marc Levinson talks about his book, Outside the Box: How Globalization Changed from Moving Stuff to Spreading Ideas (Princeton UP, 2020), with Peoples & Things host, Lee Vinsel. Outside the Box traces the history of globalization from the early 19th century to the present and shows how its nature has shifted over time. Levinson argues that the most recent form of globalization, focused on moving stuff around the globe, has been in decline since the 2008 financial crisis and that a new form of globalization, focused on moving people, services, and ideas, may be emerging. The pair also discuss Levinson's interesting career as an economist and journalist. Lee Vinsel is an associate professor in the Department of Science, Technology and Society at Virginia Tech. He studies human life with technology, with particular focus on the relationship between government, business, and technological change. His first book, Moving Violations: Automobiles, Experts, and Regulations in the Unite

Few of us need convincing that the American health insurance system needs reform. But many of the existing proposals focus on expanding one relatively successful piece of the system or building in piecemeal additions. These proposals miss the point. As the Stanford health economist Liran Einav and the MIT economist and MacArthur Genius Amy Finkelstein argue, our health care system was never deliberately designed, but rather pieced together to deal with issues as they became politically relevant. The result is a sprawling yet arbitrary and inadequate mess. It has left 30 million Americans without formal insurance. Many of the rest live in constant danger of losing their coverage if they lose their job, give birth, get older, get healthier, get richer, or move. It's time to tear it all down and rebuild, sensibly and deliberately. Marshaling original research, striking insights from American history, and comparative analysis of what works and what doesn’t from systems around the world, Einav and Finkelstein argu

In Passionate Work: Endurance after the Good Life (Duke UP, 2022), Renyi Hong theorizes the notion of being "passionate about your work" as an affective project that encourages people to endure economically trying situations like unemployment, job change, repetitive and menial labor, and freelancing. Not simply a subject of aspiration, passion has been deployed as a means to build resilience and mend disappointments with our experiences of work.  Tracking the rise of passion in nineteenth-century management to trends like gamification, coworking, and unemployment insurance, Hong demonstrates how passion can emerge in instances that would not typically be understood as passionate. Gamification numbs crippling boredom by keeping call center workers in an unthinking, suspensive state, pursuing even the most banal tasks in hope of career advancement. Coworking spaces marketed toward freelancers combat loneliness and disconnection at the precise moment when middle-class sureties are profoundly threatened. Ultimate

We live today in a global web of interdependence, connected technologically, economically, politically, and socially. As a result of these expanding and deepening interdependencies, it has become impossible fully to control--or foretell--the effects of our actions. The world is rife with unintended consequences. The first law of human ecology--which declares that we can never do merely one thing--is a truth we ignore at our peril. In Indra's Net and the Midas Touch, Leslie Paul Thiele explores the impact of interdependence and unintended consequences on our pursuit of sustainability. Unfortunately, good intentions provide no antidote to the law of unintended consequences, and proffered cures often prove worse than the disease. Biofuels developed for the purpose of reducing carbon emissions, for example, have had the unintended effect of cutting off food supplies to the needy and destroying rain forests. We must fundamentally transform our patterns of thinking and behavior. Thiele offers the intellectual and m

America's once-vibrant small-to-midsize cities--Syracuse, Worcester, Akron, Flint, Rockford, and others--increasingly resemble urban wastelands. Gutted by deindustrialization, outsourcing, and middle-class flight, disproportionately devastated by metro freeway systems that laid waste to the urban fabric and displaced the working poor, small industrial cities seem to be part of America's past, not its future. And yet, Catherine Tumber argues in this provocative book, America's gritty Rust Belt cities could play a central role in a greener, low-carbon, relocalized future. As we wean ourselves from fossil fuels and realize the environmental costs of suburban sprawl, we will see that small cities offer many assets for sustainable living not shared by their big city or small town counterparts, including population density and nearby, fertile farmland available for new environmentally friendly uses. Tumber traveled to twenty-five cities in the Northeast and Midwest--from Buffalo to Peoria to Detroit to Rochester--i

Vinod Thomas' book Risk and Resilience in the Era of Climate Change (Palgrave Macmillan, 2023) presents essential insights on the interaction between rising risks and raising the bar for resilience during the climate crisis. Its timeliness lies in applying important findings on risk and resilience to runaway climate change. When risk and resilience are brought together in the context of climate catastrophes, three key messages emerge. The first is that accounting for the root causes of these calamities, and not just their symptoms, is essential to slowing the spike in these events. It is therefore vital to link carbon emissions from human activity to the sharp rise in climate disasters globally. The second is that growth economics and policy must factor in the failure of governments and businesses to tackle spillover harm from economic activities, as seen dramatically with global warming. With climate risks rising, this calls for a fundamental revision in the teaching and practice of business and economics. A

Katie Wells, a Postdoctoral Fritz Fellow with Georgetown University's Tech and Society Initiative, and Kafui Attoh, Associate Professor of Urban Studies in the CUNY School of Labor and Urban Studies, talk about their new book, Disrupting D.C.: The Rise of Uber and the Fall of a City (co-authored with Declan Cullen) (Princeton UP, 2023), with Peoples & Things host, Lee Vinsel. Disrupting D.C. examines how various actors took on a "let Uber deal with it" mindset about social problems, not so much because they had great faith in Uber but because they have profound distrust in city government. Lee Vinsel is an associate professor in the Department of Science, Technology and Society at Virginia Tech. He studies human life with technology, with particular focus on the relationship between government, business, and technological change. His first book, Moving Violations: Automobiles, Experts, and Regulations in the United States, was published by Johns Hopkins University Press in July 2019. Learn more about your ad

How much of US power is underground? We hear a lot about the US military assets used on land, on the sea, and in the air - but not much about what’s going on underground and on the sea bed. It turns out what goes on down there is a significant source of US power – which has been documented by Henry Farrell in his co-authored book (with Abraham Newman), Underground Empire: How America Weaponized the World Economy (Henry Holt, 2023). Listen to him describe it all with Owen Bennett-Jones. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The practice of international development continues to change as more is understood about what works. A shift from a deficit or problem-solving approach to a strengths-based approach is a significant reframing for international development. A strengths-based approach aims to reveal assets, strengths or what is working within an individual, group, community or organization, then uses these strengths as a way to achieve change and preferred futures. Reframing Aid: A Strengths-Based Approach for International Development (Practical Action, 2023) by Dr. Keren Winterford, Deborah Rhodes, and Christopher Dureau sets out the thinking, practical action and evidence-base to inform a sector-wide transformation. For many, this is a radical or even revolutionary shift, but for others, the writing is already on the wall. The authors set out the strong theoretical and practical basis of a strengths-based approach; explore insight through the lens on power, culture and psychology; and provide examples of how the approach is