New Books in Economics

Today I talked to Mathew Sweezy about his new book The Context Marketing Revolution: How to Motivate Buyers in the Age of Infinite Media ( Harvard Business Review Press, 2020). Mathew Sweezey is Principal of Marketing Insights for Salesforce. His work has appeared in leading publications such as AdAge, Forbes, Brand Quarterly, The Economist, and The Observer. He’s also the author of Marketing Automation for Dummies. On June 24, 2009, we entered the era when private individuals became the largest producers of media in the world, eclipsing businesses and traditional media outlets. A perfect case-in-point is Tesla, which follows a market-sell-build-market (some more) model that engages customers with a greater purpose (weaning us off fossil fuels) and invites customers to co-create the cars they want. Tesla spends about $6 on advertising per car it sells, versus the nearly $1,000 that Mercedes-Benz spends per car sold. This episode explores the Tesla example, how Gen I members want to be “influencers” as their dream job, and what it means to have conversations with consumers rather than interrupt them with ads. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Digitization is reshaping creative industries. Old gatekeepers in music, publishing, television, movies, and other industries no longer play such an important role, and digital piracy makes it easy for consumers to avoid paying companies, artists, and writers for what they produce. On the other hand, independents can now cheaply produce and distribute creative works both to niche and mass market audiences. In Digital Renaissance: What Data and Economics Tell Us about the Future of Popular Culture (Princeton UP, 2020), Economist Joel Waldfogel uses data about the quantity, quality, and mass appeal of these works to make the case that this has on balance made us all better off, resulting in a digital renaissance. In this interview, we discuss the findings in his book and how he arrives at them. I also get his perspective on some developments since his book came out, like the rise of Spotify, non-fungible tokens (NFTs), and the impact of the pandemic on digitization. He also unwittingly gives me the opportunity to tell everyone with an Amazon device in the house to say “Alexa, Beethoven’s pathetic!” and enjoy the result. If you want to buy the NFT for Waldfogel’s famously Scroogey paper “The Deadweight Loss of Christmas,” he is open to bids and promises to donate the proceeds to charity, unlike Scrooge. You can also follow him on Twitter. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 insurance played a key role in the emergence of the modern welfare state. And we discuss where we go from here, post-pandemic, when all insurances systems have been put to the test. Daniel Peris is Senior Vice President at Federated Hermes in Pittsburgh. He can be reached at [email protected] or via Twitter @HistoryInvestor. His History and Investing blog and Keep Calm & Carry On Investing podcast are at https://strategicdividendinves... Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Renato describes his accidental journey into entrepreneurship, the many mistakes and near disasters on his road to business success. We learn about the importance of being the guy who says “Yes”, and then figuring out how to to get things done. Anyone listening can learn from his journey, the importance of finding opportunities in setbacks, and being able to create the right impression. About our guest Renato Beninatto is recognized as an expert in the translation, localization, interpretation, and language services industry. Renato has served on the executive teams for some of the localization industry’s most prominent companies and founded two market research and consulting companies in the language services space. Renato is the author of three books on global business and founded Nimdzi to provide insights to investors, analysts, buyers and suppliers of Language Services. Nimdzi’s website https://www.nimdzi.com Renato’s Linkedin https://www.linkedin.com/in/renatob The NBN Entrepreneurship and Leadership podcast aims to educate and entertain, sharing insights based on the personal stories of our carefully selected guests in the atmosphere of an informal conversation in a bar or over a cup of coffee. About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. See this episode on Youtube here https://youtu.be/FwlNrcXoKd4 About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here, About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How did Indonesia’s labour movement go from being small and divided at the demise of the New Order regime in 1998 to play lead parts in politics some two decades later? What lessons have labour organizers learned along the way? And what lessons can we draw from Indonesia relevant to industrial organizing elsewhere? Informed by over a decade of multi-method research in selected sites across the west of the archipelago, Teri Caraway and Michele Ford address these and other questions in their Labor and Politics in Indonesia (Cambridge University Press, 2020), our featured title for this episode of New Books in Southeast Asian Studies. Tracking how labour unions found resources and identified opportunity structures by sequentially coupling contentious street politics with strategic targeting of executive offices and legislative contests, Caraway and Ford show that Indonesian unions and their allies have succeeded not only in greatly elevating wages and improving workplace conditions but also have built an identifiable working-class constituency. This constituency has given organized labour political clout far beyond what was or what seemed possible a couple of decades ago. And it has made for a more democratic Indonesia, one in which workers not only have participated in but at times taken the lead in local and national political struggles. Like this interview? If so you might also be interested in: Ben Bland, Man of Contradictions: Joko Widodo and the Struggle to Remake Indonesia Dan Slater, Ordering Power: Contentious Politics and Authoritarian Leviathans in Southeast Asia Nick Cheesman is a Fellow in the Department of Political & Social Change, Australian National University. He co-hosts the New Books in Southeast Asian Studies channel and hosts the New Books in Interpretive Political & Social Science series on 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

Economist, data journalist, and best-selling author Seth Stephens-Davidowitz uses data from the internet to gain new insights into the human psyche. In his new book Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are (HarperCollins, 2017), Seth has used Google searches to measure racism, self-induced abortion, depression, child abuse, hateful mobs, the science of humor, sexual preference, anxiety, son preference, and sexual insecurity, among many other topics. In this interview he explains how web searches are a kind of digital truth serum that reveals our hidden desires, insecurities and biases. He also explores other ways economists have used the explosion of new data created by the digitization of the economy to shed new light on old questions. Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he created and leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results; Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work; Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness; Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever; Reveals the dangers of FinTech and BigTech companies taking over banking; Shows how Facebook wants to control even the dollars in your wallet; and Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists. Engine of Inequality: The Fed and the Future of Wealth in America (Wiley, 2021) should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality. Stephen Pimpare is director of the Public Service & Nonprofit Leadership program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 insights based on the personal story of our carefully selected guests aiming for the atmosphere of an informal conversation in a bar or over a cup of coffee. About our guest Mungo Keulemans is the CEO of PMR - the leading market research provider, industry event organiser and dedicated market research consultancy for the Construction/Pharma/Retail/ICT markets in Poland and Central Europe. Previously an entrepreneur, Innovator, business development, product manager, marketing manager, sales manager, business development director. Strong knowledge of complete value chains for Automation and manufacturing processes in Automotive, FPD, EMS, F&B/CPG, Life Science, infrastructure. As an Industrial engineer built experience with advanced industrial automation, process design and project management/execution. Believer in corporate commitment to improving the environment, responsibility towards fostering ethical practices & development of human capital. Useful links PMR Watch on Youtube here About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here, About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 Banking Union; born out of necessity at the height of the sovereign-debt crisis in 2012-13 but, as this new history emphasises, built on foundations laid in the 1970s. Within three years of its political green light, the EBU's core agencies - the Single Supervisory Mechanism (SSM) under the authority of the European Central Bank and the Single Resolution Mechanism - were in place yet, while huge changes have taken place, critical business has been left unfinished. "A regime geared towards ever more integration with distributive consequences, but without stabilisation capacity in the form of risk-sharing among member states and largely insulated from democratic politics will likely not be sustainable", writes Pedro Gustavo Teixeira. Pedro Gustavo Teixeira is director-general of governance and operations of the Single Supervisory Mechanism of the European Central Bank, secretary of its Supervisory Board, and a lecturer at the institute for law and finance at the Goethe University in Frankfurt. (Any views expressed are personal and not necessarily those of the ECB). *The author's own book recommendation is Dark Continent: Europe's Twentieth Century by Mark Mazower (Penguin, 1999 - latest edition 2018). Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 parts of what a good CEO needs to master, from a simplified game plan that rank-and-file employees can follow to not trying to artificially resolve the various paradoxes intrinsic to being a leader, such as Creating Freedom and Structure and to Be Compassionate and Demanding. Along the way, the conversation delved into creating a company culture where there’s no daylight between what leaders say and do when it comes to values that define the organization. Also of note, why do so many leaders find it hard to coach the people around them to improve? And what are leaders missing that accounts for so many Mergers & Acquisitions not working out? Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

“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 to series editor Nauro Campos – Pomfret runs through the 50-year history of the project but with that core theme. While decisive political moments like German reunification are acknowledged, it is the economic drivers – the development of common policies, the single market and global value chains – that assume a central role in the process. Richard Pomfret is professor of economics at the University of Adelaide and was, until 2020, the Jean Monnet Chair in the Economics of European Integration. Before moving to Australia in 1992, he was a professor at Johns Hopkins University in Washington, Bologna and Nanjing. *The author's own book recommendations are Kleptopia: How Dirty Money is Conquering the World by Tom Burgis (William Collins, 2020), and Visitation by Jenny Erpenbeck (Granta Books, 2018 - translated by Susan Bernofsky). Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

What is the history of caste in a city? Indian modernizers assumed that the various processes of modernity, including industrial capitalism, would attenuate caste and create the possibility of new social relationships, including class solidarity. Instead, capitalism relied on caste to recruit and discipline labor, and the colonial and postcolonial governments deployed it for housing, city planning, and provisions for social welfare. On its part, caste adapted to housing, urban planning, and even land tenures. Even the purported antitheses of capitalism — Marxism and Communism — could not annihilate caste. As a result, caste became robust even as it was shrouded beneath the veneer of modern urban life. Outcaste Bombay (University of Washington Press, 2021) examines the interplay of caste and class in twentieth century Bombay. It studies processes that are transnational — capitalism, Marxism, urban planning, literature — and the ways in which they became relevant to life in the city. It focuses on urban outcastes — Dalits primarily, and also the urban poor – to trace their interaction with city-making and urban politics, their sense of self and community, and the cultural life they fashioned in Bombay. This inter-disciplinary book draws on rare English and Marathi language sources — including novels, poems, and manifestoes — and contributes to debates in the fields of South Asian history, global Marxism, social anthropology, urban studies, labor studies, Dalit studies, and literature. Juned Shaikh is Associate Professor of History at the University of California, Santa Cruz. His research interests include Modern South Asia, urban studies, labor studies, Dalit Studies, and global Marxism. His second book project will be on the life and times of Gangadhar Adhikari, a scientist who embraced communism, and became a prominent leader of the Communist Party of India. When he is not working, or spending time with his family, he enjoys cooking, gardening, hiking, and following cricket scores from around the world. Saronik Bosu (@SaronikB on Twitter) is a doctoral candidate in English at New York University. He is writing his dissertation on South Asian economic writing. He is also coordinator of the Medical Humanities Working Group at NYU, and of the Postcolonial Anthropocene Research Network. He also co-hosts the podcast High Theory. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 for the global language industry he co-founded in 2015. Prior to Slator, Florian spent nearly a decade in Asia, heading regional operations for a Swiss headquartered language service provider. Florian is the co-host of the SlatorPod podcast and publisher of LocJobs.com, a job board for the translation and localization industry. Florian likes to spend time on Switzerland's slopes and mountain trails. The NBN Entrepreneurship and Leadership podcast aims to educate and inform, sharing insights based on the personal story of our carefully selected guests aiming for the atmosphere of an informal conversation in a bar or over a cup of coffee. About our guest Florian Faes is the Managing Director of Slator, a business media and advisory firm for the global language industry he co-founded in 2015. Prior to Slator, Florian spent nearly a decade in Asia, heading regional operations for a Swiss headquartered language service provider. Florian is the co-host of the SlatorPod podcast and publisher of LocJobs.com, a job board for the translation and localization industry. Florian likes to spend time on Switzerland's slopes and mountain trails. See this episode on Youtube here https://youtu.be/4AudyTHg6Zg About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here, About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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. Using what they call the Bubble Triangle of Marketability, Easy Money, and overt Speculation, they have created a tool for financial economists, and the rest of us, to judge what makes a bubble and what makes it pop. Given the unusual nature of the capital markets at the present time, you will want to be familiar with their analysis as you view your own investments. Daniel Peris is Senior Vice President at Federated Hermes in Pittsburgh. He can be reached at [email protected] or via Twitter @HistoryInvestor. His History and Investing blog and Keep Calm & Carry On Investing podcast are at https://strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How do we make sense of the “durability and gigantic scale” of China’s economic expansion alongside the reports of “rising” and “explosive” corruption? How has China moved from an “impoverished communist regime to a capitalist superpower rivaling the United States” despite a crisis of corruption that its own leadership describes as “gave” and “shocking”? Dr. Yuen Yuen Ang’s her new book China’s Gilded Age: The Paradox of Economic Boom and Vast Corruption (Cambridge University Press, 2020) argues corruption comes in different forms and she “unbundles” different types of corruption to explain not only why China can boom but why political scientists need to “fundamentally revise our believes about the relationship between corruption and capitalism.” The book demystifies the Chinese paradox of growth with corruption by unbundling the four types of corruption and placing China in comparative-historical perspective. China is an outlier but not in the ways that most analysts assume. The closest parallel is the United States in the late 19th century, a gilded age characterized by both feverish growth and glaring inequality, conniving plutocrats and corrupt politicians. The book offers a four-part explanation for this paradox focused on the dominant type of corruption (access money which stimulates growth but generates distortions and risks), the relationship between the profit sharing model (where the rewards of leaders and bureaucrats are linked to economic performance) and access money, the role of capacity-building reforms in curtailing corruption involving theft and speed money, and the checking of predatory corruption by regional competition (spurring development and deal-making). Dr. Yuen Yuen Ang is an associate professor of Political Science at the University of Michigan. She works at the intersection of business, governance, and innovation to better understand how governments and organizations respond to deep uncertainty and complex, novel problems and which institutions are able to adapt. She considers China’s Gilded Age to be a sequel to her award-winning book, How China Escaped the Poverty Trap (Cornell University Press, 2016) and you can hear her conversation with my NBN colleague here. Dr. Ang translates her ideas to wider audiences in Foreign Affairs, Project Syndicate, and the South China Morning Post. Susan Liebell is an associate professor of political science at Saint Joseph’s University in Philadelphia. Why Diehard Originalists Aren’t Really Originalists recently appeared in the Washington Post’s Monkey Cage and “Retreat from the Rule of Law: Locke and the Perils of Stand Your Ground” was published in the Journal of Politics (July 2020). Email her comments at [email protected] or tweet to @SusanLiebell. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 conversation in a bar or over a cup of coffee. This episode can be viewed on Youtube here. About our guest Ashutosh hosts the very successful video and podcast series titled “The Brand Called You – Converse with the Future” (www.tbcy.in) bringing the stories of successful entrepreneurs, professionals and senior corporate leaders to thousands of listeners. He is a certified Business Coach and coaches / mentors several CEOs in India on business matters, governance, strategic planning, succession planning, personal accountability, people and culture issues. (www.equationcoaching.com). A published author of 6 best-selling books, he has written on Startups, Entrepreneurship, Retirement in the 21st Century, Personal Branding, Work Life Balance and Fiction. His latest book on personal branding is titled “The Brand Called You”. He writes regularly for Times of India and can often be seen on National Television panel discussions on political affairs. Ashutosh founded Guardian Pharmacy in India in 2003 and built it into India's second largest Pharmacy Chain. He exited from the business in 2016. Prior to that he worked for ITC Limited for 17 years leaving in 1996 and thereafter with US Aerospace companies for 8 years as their Head of Asia. Ashutosh served on the board of GAVI, The Vaccine Alliance (www.gavi.org) for 8 years. He sits on several boards and advises companies on strategy and governance matters. He was the Chairman of Bizdome, the Startup Incubator of IIM Rohtak till 2018. He is a YPO member and was Chairman of YPO South Asia Gold (2017-19). He was recognised as a Global Leader for Tomorrow by the World Economic Forum in 1994. His wife Vera is a Historian and teaches at the American Embassy School, New Delhi. His older son, Varun works for American Express in Singapore as their Director Marketing and his younger son Ashwin works for Procter and Gamble in Cincinnati as their Director Sales. A keen golfer, he plays the Indian flute, enjoys reading and listening to Indian classical music About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here, About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The middle decades of the 19th century witnessed the expansion of slavery and white settlement and dispossession of Indigenous lands west of the Mississippi River, the abolition of slavery in the British Empire followed by the importation of indentured laborers from India and China into the West Indies, the consolidation of British rule in India followed by the so-called Indian Mutiny, and the expansion of settler colonialism in Australia. These processes were all tied together by commerce, empire, and the spread of racial ideologies, yet their histories have largely been written separately. Until now. Zach Sell’s new book Trouble of the World: Slavery and Empire in the Age of Capital (University of North Carolina Press, 2021) highlights the connections between the “second slavery” in the Deep South of the United States, efforts to socially engineer mono-crop agriculture in India by a British colonial state that lip service to laissez-faire and free labor even as it tried to import plantation management techniques from the US south, how the attempt to create plantation-style agriculture in Queensland, Australia bumped up against the logic of white settler colonialism and attempts to expand plantation agriculture in Belize in the age of so-called “free” labor using indentured labor from Asia. This is a story of racial formation on a global scale, and of the limits of capital’s ability to remake social relations and environments in its own image, despite the capacity for organized brutality that it had at its disposal. This book is particularly important at a time when many American, British and French commentators have tried to downplay the violence of expansion and colonialism and to portray white supremacy as some sort of American peculiarity and relic of the past. Zach is currently Visiting Assistant Professor of History at Drexel University and was previously Ruth J. Simmons Postdoctoral Fellow and Visiting Assistant Professor of Slavery and Justice at Brown University’s Center for the Study of Slavery and Justice. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these “agents of inequality”, showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world’s richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defense Industry for good. This shocking exposé of the insidious machinery of inequality is essential reading for anyone wanting the inside story of our age of plutocratic plunder and stashed cash. Stephen Pimpare is director of the Public Service & Nonprofit Leadership program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 in the atmosphere of an informal conversation in a bar or over a cup of coffee. About our guest Veronique is a seasoned international leader with experience building and strengthening the sales and marketing functions for organizations with high growth ambitions. Extensive experience in Localization – helping industry leaders grow market share in international markets with services such as translation, internationalization, software development, engineering, and testing. Fluent in French, English, Turkish, and functional in German. Your hosts, Kimon and Richard, together with Veronique, are all shareholders in Argos Multilingual, the company which Veronique leads. Veronique on Linkedin About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here, About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Today I talked to David G. White, Jr. about his book Disrupting Corporate Culture: How Cognitive Science Alters Accepted Beliefs About Culture and Culture Change and Its Impact on Leaders and Change Agents (Routledge, 2021). David G. White, Jr. is a cognitive anthropologist working with organizations on culture, change, and leadership issues. He’s the co-founder of Ontos Global, a boutique consulting firm. David previously held leadership roles at Microsoft, Mercer, and IBM, and he is also a professional jazz musician with 7 CDs to his credit. This episode challenges myths that hinder true culture change at companies, such as Culture Starts at the Top and Culture Is What We Say We Care About. Instead, David argues that new neural pathways form in the brain based on tangible, physical practices that change. So leaders spouting off about “shared values” (talking the talk) won’t be nearly as productive as investigating a company’s dominant logic and how that may serve or hinter the company’s prospects. In other words, David argues that culture is shaped by tasks and the basic operating assumptions that underlie them. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Tessa explains why Olio’s mission of cutting unnecessary food waste is so important, and how her own distress at food waste led to the breakthrough insight that there had to be a better way of dealing with unwanted food. She shares her personal journey, and sets out the exciting road map ahead for Olio. Tessa Clarke is the Co Founder & CEO of Olio Linkedin Olio is a free app that connects users with unwanted food (households or local businesses) with neighbours living nearby who would like it. OLIO has over 2.5 million users who have together shared 7 million portions of food. 50,000 volunteers who are spreading the word in their local communities. Download the App and more information here https://olioex.com Twitter https://twitter.com/olio_ex Facebook https://www.facebook.com/olioapp/ Instagram https://www.instagram.com/olio.app/ Linked https://www.linkedin.com/company/olio-the-food-sharing-revolution The NBN Entrepreneurship and Leadership podcast aims to educate and entertain, sharing insights based on the personal stories of our carefully selected guests in the atmosphere of an informal conversation in a bar or over a cup of coffee. About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here, About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here, Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How did telecommunications shape Victorian London? In Serving a Wired World London's Telecommunications Workers and the Making of an Information Capital Katie Hindmarch-Watson, an Assistant Professor in history at Johns Hopkins University, tells the history of London through the lenses of technology, gender, class, and sexuality. The book offers a rethinking of liberal subjectivity and the city at the end of the nineteenth century, showing how the Victorian obsessions with privacy and respectability intersected with technology to create the urban and social fabric of London. The book also draws on queer history, demonstrating the importance of sex scandals in the Victorian and Edwardian eras for understanding urban, technology, and gender histories. A fascinating read, the book will be an essential text across the humanities and social sciences. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Life expectancy in the United States has recently fallen for three years in a row—a reversal not seen since 1918 or in any other wealthy nation in modern times. In the past two decades, deaths of despair from suicide, drug overdose, and alcoholism have risen dramatically, and now claim hundreds of thousands of American lives each year—and they’re still rising. Anne Case and Angus Deaton, known for first sounding the alarm about deaths of despair, explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. They demonstrate why, for those who used to prosper in America, capitalism is no longer delivering. Deaths of Despair and the Future of Capitalism (Princeton University Press, 2020) paints a troubling portrait of the American dream in decline. For the white working class, today’s America has become a land of broken families and few prospects. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. In this critically important book, Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and, above all, to a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. Capitalism, which over two centuries lifted countless people out of poverty, is now destroying the lives of blue-collar America. This book charts a way forward, providing solutions that can rein in capitalism’s excesses and make it work for everyone. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How does individual religious liberty apply to religiously affiliated groups? Edward A. David investigates the polarized ways legal theorists seek to understand group ontology in A Christian Approach to Corporate Religious Theory (Palgrave MacMillan, 2020). David surveys the merits and pitfalls of prevailing approaches from within and without the Christian tradition. Many legal theorists are deeply skeptical of corporate group ontology, especially as religious groups have sometimes tended to conflate churches proper with religiously affiliated organizations in ways that can set uncomfortable precedents. This book offers a novel way forward that suggests a retrieval of Saint Thomas Aquinas's theory of coordinated group activity to provide a more salient moral framework to evaluate the liberties and limits of religious groups. You can follow Edward David's work on his website or on Twitter (@edwardinoxford) Ryan David Shelton (@ryoldfashioned) is a social historian of British and American Protestantism and a PhD researcher at Queen’s University Belfast. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Today I spoke with Michael Heller about the book he has just published with James Salzman. The title is Mine!: How the Hidden Rules of Ownership Control Our Lives (Doubleday, 2021) Michael Heller at Columbia University is Professor of Real Estate Law. Before joining Columbia Law in 2002, you taught at the University of Michigan, NYU, UCLA, and Yale Law Schools. Prior to entering academia, you worked at the World Bank on post-socialist legal transition and you even served as a law clerk at the 9th Circuit Court of Appeals. James Salzman is the Donald Bren Distinguished Professor of Environmental Law with joint appointments at the UCLA and UC Santa Barbara. He was formerly at Duke University. His book, Drinking Water: A History, was reviewed and praised in the New York Times and Washington Post. Ownership rules have been a key topic in economics and law since the establishment of the disciplines, with economics being much more junior than law. Recently Law and economics or economic analysis of law have become an important field. Ownership rules are a key issue for Marx, John R. Commons, Oliver E. Williamson, Henry Hanssman. The authors themselves are very erudite academics that have chosen to write a book based on their research but very accessible to everyone in the style of Freakonomics. The book is about 300 pages, 7 chapters and one epilogue. They reveal six simple stories everyone uses to claim everything. Owners choose the rule that steers us to do what they want. But we can pick a different rule. As Heller and Salzman show, ownership is always up for grabs. Ownership is not simple, natural. It is intrinsically controversial and linked to inequality. We started our conversation with children arguing for the ownership of a toy at the playground and we ended talking about the tax and ownership regime in South Dakota. “Mine” is one of the first words babies learn. By the time we grow up, the idea of ownership seems natural, whether we are buying a cup of coffee or a house. But who controls the space behind your airplane seat: you reclining or the squished laptop user behind you? Why does HBO look the other way when you illegally borrow a password to stream their shows? And after a snowstorm, why does a chair in the street hold your parking space in Chicago, but in New York you lose the space and the chair? This is a very nice book that many will enjoy reading and is advertised by a very cool website with videos that allow you to meet the authors: https://www.minethebook.com/videos/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

JeVon McCormick was born the son of a black pimp father and a white orphan mother. Hear how, as a nine year old, he critiqued the way his father managed prostitutes, to his rejection of concepts such as “hope” and “luck”. When he was in juvenile detention neither of his parents knew where he was. His journey from toughest of upbringings to fame and fortune is unforgettable and inspiring. Kimon and Richard never spoke to an entrepreneur with a history like his. We are sure you will find it as compelling as we did. The lessons that he shares from his journey about saving, adaptation, learning by doing, the power of asking questions, accountability, and responsibility can benefit entrepreneurs and leaders the world over. McCormick’s book I Got There: How a Mixed-Race Kid Overcame Racism, Poverty, and Abuse to Achieve the American Dream tells his story. About our guest JeVon McCormick is the son of a black pimp and a white mother, and was raised in the most dreadful conditions, three times jailed before he was an adult. His book, I Got There, tells the harrowing story of his struggle to succeed despite the over whelming odds stacked against him Today, he’s the CEO of a multi-million dollar publishing company that was recently ranked the #1 Top Company Culture inAmerica by Entrepreneur Magazine. JeVon is the President and CEO of Scribe Media, a publishing company that helps individuals from a variety of backgrounds write, publish, and market their books. Scribe Media has worked with more than 1700 authors, including members of The Nobel Peace Prize Committee, Nassim Taleb and David Goggins, whose blockbuster book Can’t Hurt Me has sold over 2 million copies. JeVon is an author and highly sought after keynote speaker, delivering the message that “Everyone Has A Story” to enthusiastic audiences across the country. JeVon is passionate about conscious entrepreneurship and creating opportunities for at-risk youth. He has mentored young men and women in the juvenile justice system, as well as those in lower economic communities. JeVon currently serves as a board member for Conscious Capitalism and the StartEdUp Foundation. His story and work have been featured on CNBC, and in Entrepreneur, Forbes, and Inc. magazines.https://scribemedia.com/https:... 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 conversation in a bar or over a cup of coffee. Follow our channels on Facebook, Linkedin and Twitter. View the episode on Youtube here. You can listen to the episode on the NBN here. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here. About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In his book The Next Shift: The Fall of Industry and the Rise of Healthcare in Rust Belt America (Harvard University Press, 2021), Gabriel Winant explains how the social reproductive labor sustaining the US's industrial economy was institutionalized in response to steelworker layoffs, aging, and sickness beginning in the 1960s. The result was a recomposition of the American working class, from a predominantly white male industrial one, to a meagerly paid and socially devalued pool of care workers comprised mostly of women, and especially women of color. Neoliberalism's insecure labor regime is not a reversion to an earlier period of inequality but a consequence of midcentury welfare policy, the partial security it offered and the race and gender hierarchies it remade. Patrick Reilly studies history at Vanderbilt University Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 and plutocratic manipulation. Its narrative moves from the Greek man of honor and Roman patron, via the Jewish prophet and Christian scholastic – through Puritan proto-capitalist, Enlightenment activist and Victorian moralist – to the robber-baron philanthropist, the welfare socialist, the celebrity activist and today's wealthy mega-giver. In the process it discovers that philanthropy lost an essential element as it entered the modern era. The book then embarks on a journey to determine where today's philanthropists come closest to recovering that missing dimension. Philanthropy: From Aristotle to Zuckerberg (Bloomsbury Continuum, 2020) explores the successes and failures of philanthrocapitalism, examines its claims and contradictions, and asks tough questions of top philanthropists and leading thinkers – among them Richard Branson, Eliza Manningham-Buller, Jonathan Ruffer, David Sainsbury, John Studzinski, Bob Geldof, Naser Haghamed, Lenny Henry, Jonathan Sacks, Rowan Williams, Ngaire Woods, and the presidents of the Rockefeller and Soros foundations, Rajiv Shah and Patrick Gaspard. In extended conversations they explore the relationship between philanthropy and family, faith, society, art, politics, and the creation and distribution of wealth. Highly engaging and meticulously researched, Paul Vallely's authoritative account of philanthropy then and now critiques the excessive utilitarianism of much modern philanthrocapitalism and points to how philanthropy can rediscover its soul. Renee Garfinkel, Ph.D. is a psychologist, writer, Middle East television commentator and host of The New Books Network’s Van Leer Jerusalem Series on Ideas. Write her at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 first book to systematically address and confront many of the most widespread myths pertaining to poverty. Mark Robert Rank, Lawrence M. Eppard, and Heather E. Bullock powerfully demonstrate that the realities of poverty are much different than the myths; indeed in many ways they are more disturbing. The idealized image of American society is one of abundant opportunities, with hard work being rewarded by economic prosperity. But what if this picture is wrong? What if poverty is an experience that touches the majority of Americans? What if hard work does not necessarily lead to economic well-being? What if the reasons for poverty are largely beyond the control of individuals? And if all of the evidence necessary to disprove these myths has been readily available for years, why do they remain so stubbornly pervasive? These are much more disturbing realities to consider because they call into question the very core of America's identity. Armed with the latest research, Poorly Understood not only challenges the myths of poverty and inequality, but it explains why these myths continue to exist, providing an innovative blueprint for how the nation can move forward to effectively alleviate American poverty. Stephen Pimpare is director of the Public Service & Nonprofit Leadership program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Perilous Bounty: The Looming Collapse of American Farming and How We Can Prevent It (Bloomsbury Publishing, 2020) is an unsettling journey into the disaster-bound American food system, and an exploration of possible solutions, from leading food politics commentator and former farmer Tom Philpott. More than a decade after Michael Pollan's game-changing The Omnivore's Dilemma transformed the conversation about what we eat, a combination of global diet trends and corporate interests have put American agriculture into a state of "quiet emergency," from dangerous drought in California--which grows more than 50 percent of the fruits and vegetables we eat--to catastrophic topsoil loss in the "breadbasket" heartland of the United States. Whether or not we take heed, these urgent crises of industrial agriculture will define our future. In Perilous Bounty, veteran journalist and former farmer Tom Philpott explores and exposes the small handful of seed and pesticide corporations, investment funds, and magnates who benefit from the trends that imperil us, with on-the-ground dispatches featuring the scientists documenting the damage and the farmers and activists who are valiantly and inventively pushing back. Resource scarcity looms on the horizon, but rather than pointing us toward an inevitable doomsday, Philpott shows how the entire wayward ship of American agriculture could be routed away from its path to disaster. He profiles the farmers and communities in the nation's two key growing regions developing resilient, soil-building, water-smart farming practices, and readying for the climate shocks that are already upon us; and he explains how we can help move these methods from the margins to the mainstream. Jenny Splitter is an independent journalist covering food, farming, science, and climate. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Today I talked to Ming-Hui Huang about her book (coauthored with Roland T. Rust), The Feeling Economy: How Artificial Intelligence Is Creating the Era of Empathy (Palgrave MacMillan, 2021) This episode covers the movement of the economy from brawn to brains to hearts. Put another way, the focus here is on the movement from the Physical Economy (farming, factories, etc.) to the Thinking Economy to now the dawning of the Feeling Economy. In the near-term future, artificial intelligence (AI) will handle the thinking tasks and humans on the job will focus on adding value through empathy and their interpersonal skills. The episode explores everything from workers re-skilling, cross-skilling and up-skilling to handle this change, to the impact of this change to being feeling-centric on our politics, educational practices, and the expectations of consumers. Of special note is that the new economic era may privilege female “soft” skills over the “hard” skills men are known by and often more comfortable with. Ming-Hui Huang holds a number of posts. She’s a Distinguished Professor at National Taiwan University; a fellow of the European Marketing Academy (EMAC); an International Research Fellow of the Centre for Corporate Reputation, University of Oxford, UK; and a Distinguished Research Fellow of the Center for Excellence in Service, University of Maryland, USA. She is also the incoming Editor-in-Chief of the Journal of Service Research. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Alan Klima’s Ethnography #9 (Duke University Press, 2019) was co-written by a ghost. And that’s just the start of what’s going on in this eerie, singular book. It’s a discussion of finance in post-crash Thailand, a study of non-material histories, and an examination of the limits of anthropological writing. It’s also at once a complex and textured challenge to ethnographic realism and a compelling story about the life and death (and etc) of a young girl. The book was a co-winner of 2020’s Gregory Bateson Prize and is available open access here. In today’s conversation, I do my best to ask Professor Klima about the status of ghosts in anthropology, tensions between narrative and theory, and how anthropologists can get weird with their writing. Alan Klima is Professor of Anthropology at UC Davis, his previous works include the book The Funeral Casino (Princeton University Press 2002) and the film Ghosts and Numbers (2010). Lachlan Summers is an eccentric billionaire and PhD candidate in cultural anthropology at UC Santa Cruz, where he researches Mexico City’s repeating earthquakes. He is a Contributing Editor at Cultural Anthropology, a member of the Emergent Futures CoLab, and can be found on Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 experiences and how they believe their varying perspectives will lead to a solid exploration of what can be learned from the guests. If you want to get a sense of what this channel is all about, and why it should be interesting to listeners who are into entrepreneurship and leadership, this is a great place to start. 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 conversation in a bar or over a cup of coffee. Follow our channels on Facebook, Linkedin and Twitter. View the episode on Youtube here. You can listen to the episode on the NBN here. About the NBN The New Books Network was founded in 2007 as a podcast interviewing the authors of academic books, and has grown to the largest author interview podcast in the world publishing 12 podcasts a day in more than 90 specialist areas, with over a million downloads a month. Read about the founder Marshall Poe and the NBN here. In recent years it has expanded beyond its “author interview origins”. Historically NBN only did audio recordings. E&L is the first NBN podcast distributed on Youtube. About Kimon Fountoukidis Twitter Linkedin Kimon is the founder of both Argos Multilingual and PMR. Both companies were founded in the mid 90s with zero capital and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. Listen to his story here. About Richard Lucas Twitter Linkedin Richard is a business and social entrepreneur who founded or invested in more than 30 businesses, including investments in Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels: from pre- to business schools. Richard was born in Oxford and moved to Poland in 1991. Read more here. Listen to his story in an autobiographical TEDx talk here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Modern markets and exchange, compared with other social and political spheres, are seen through technical abstractions. This intellectual compartmentalization has political consequences: if capitalism operates through arcane, objective, and rational mechanics, the very real interests and very real consequences of exchange are disguised and simplified. In their empirically dense and theoretically bold edited volume, Ajay Gandhi, Barbara Harriss-White, Douglas Haynes, and Sebastian Schwecke gather historians and anthropologists to reflect on the dynamic, adaptive, and ambiguous realities of markets and exchange in India. Rethinking Markets in Modern India: Embedded Exchange and Contested Jurisdiction (Cambridge University Press, 2020) provides a rich array of vivid case studies – from colonial property and advertising milieus to today’s bazaar and criminal economies – to examine the friction and interdependence between commerce, society, and state. Beyond providing a vantage point for rethinking global capitalism from one of the world’s major economies, the volume conceptualizes the moral, spatial, legal, and symbolic dynamics of markets in a way that is broadly relevant through the Global South. Two of the volume’s editors, Ajay Gandhi, assistant professor at Leiden University, and Sebastian Schwecke, head of the Delhi office of the Max Weber Foundation, discuss the book’s theoretical ambitions and empirical range. Saronik Bosu (@SaronikB on Twitter) is a doctoral candidate in English at New York University. He is writing his dissertation on South Asian economic writing. He is also coordinator of the Medical Humanities Working Group at NYU, and of the Postcolonial Anthropocene Research Network. He also co-hosts the podcast High Theory. 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 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 the New Has Disrupted the Work That Matters Most (Currency, 2020) shows how the ideology of change for its own sake has proved a disaster. Corporations have spent millions hiring chief innovation officers while their core businesses tank. Computer science programs have drilled their students on programming and design, even though the overwhelming majority of jobs are in IT and maintenance. In countless cities, suburban sprawl has left local governments with loads of deferred repairs that they can’t afford to fix. For anyone concerned by the crumbling state of our roads and bridges or the direction our economy is headed, The Innovation Delusion is a deeply necessary reevaluation of a trend we can still disrupt. Mathew Jordan is a university instructor, funk musician, and clear writing enthusiast. I study science and its history, in the hope that understanding the past can help us make sense of the present and build a better future. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 streaming subscription service with 345 million users and a market capitalization of $60 billion. How did the shy computer nerd and hyperactive investor tame hostile music labels and withstand competition from US tech giants more than ten times their size? Still struggling to achieve sustained profitability in cut-throat market segments, will Ek’s latest foray into podcasting eventually free Spotify of its dependency on the music labels or suffer the same fate as Spotify TV? The Spotify Play: How CEO and Founder Daniel Ek Beat Apple, Google, and Amazon in the Race for Audio Dominance (Diversion Books, 2021) is the new English-language update of Spotify Untold – their 2019 Swedish business biography – Sven Carlsson and Jonas Leijonhufvud put Europe’s only tech giant under the microscope using information gleaned from interviews more than 80 sources and a mountain of public and private documents. The book has been translated into 15 languages and will soon be turned into a Netflix Originals miniseries. Sven Carlsson is a technology reporter at Swedish Radio and and Jonas Leijonhufvud a business journalist at Di Digital. *The authors own book recommendations are Super Pumped: The Battle for Uber by Mike Isaac (W. W. Norton, 2019) and Say Nothing: A True Story Of Murder and Memory In Northern Ireland by Patrick Radden Keefe (William Collins, 2018). Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Much of the world's politics revolve around questions about the development of the international market for drugs; the roles merchants, government officials, and drug manufacturers played in shaping this market over time and space; and the process of globalization. There are no easy answers to these questions, but the decisions that all of us make about them will have tremendous consequences for individuals and for the planet in the future. Kenneth V. Faunce's new book Heavy Traffic: The Global Drug Trade in Historical Perspective (Oxford UP, 2020) helps students to understand globalization not as an inevitable or natural process, but instead as one that is created by and responds to a variety of human motivations. Examining the international trade in coffee, alcohol, opium, heroin, and cocaine, which have had a significant impact on economies and societies in countries around the world, it offers insight into globalization as a historical process, thereby helping to make sense of today's interconnected world, where products grown or produced in only a handful of places circulate widely, with varying impacts on local populations. Lucas Richert is an associate professor in the School of Pharmacy at the University of Wisconsin, Madison. He studies intoxicating substances and the pharmaceutical industry. He also examines the history of mental health. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

From 2002 to 2013, China’s rapid economic growth caused a boom in the prices of commodities—particularly of metals, fuel, and soybeans. According to political economist Dr. Nick Jepson, the commodity boom offered resource exporters in the Global South the financial resources and thus the opportunity to break away from international financial institutions like the International Monetary Fund and set their own policy agendas. But not all resource-exporting countries that benefited from the commodity boom took this path away from neoliberalism. In his new book In China’s Wake: How the Commodity Boom Transformed Development Strategies in the Global South (Columbia University Press 2020), Jepson uses fieldwork, interviews, and qualitative comparative analysis (QCA) to identify and describe five typologies of resource exporters during the boom and the factors that contributed to differing development strategies and trajectories. China’s rise has had profound consequences on the processes of global capitalism, and this can be observed most clearly in the fortunes of commodity-exporting countries of the Global South. In China’s Wake explores fascinating case studies of countries in Asia, Latin America, and Africa to demonstrate the wide-ranging impact of China’s growth. Laurie Dickmeyer is an Assistant Professor of History at Angelo State University, where she teaches courses in Asian and US history. Her research concerns nineteenth-century US-China relations. She can be reached at [email protected] and on Twitter @LDickmeyer. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 Banking Union but left some crucial remedial work undone. In this update of their 2015 edition of European Banking and Financial Law (Routledge, 2020), Matthias Haentjens and Pierre de Gioia Carabellese provide a comprehensive description and analysis of this growing body of new law, its origins, and policy implications. Matthias Haentjens is professor of law, director of the Hazelhoff Centre for Financial Law at the University of Leiden, and a deputy judge in the district court of Amsterdam. *His book recommendations are Stalingrad by Vasily Grossman (1952 – translated by Robert Chandler – Harvill Secker, 2019) and Made at Home by Giorgio Locatelli (Fourth Estate, 2017). Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Meghan Condon and Amber Wichowsky have written an incredibly timely and fascinating study of our understanding of income inequality in the United States, and how this understanding contributes to the policies that are pursued, or, to their point, may not be pursued by elected officials to solve some of these entrenched economic problems. The Economic Other centers on understanding how we, individually, see ourselves in cross-class comparisons and how this comparison—either looking “upwards” towards those who are wealthier than we are, or “downwards” towards those who are less economically affluent than we are—shapes our understanding of economic inequality, shapes our sense of political efficacy, and shapes our demands (or lack of demands) for policies to rectify this economic gulf. Condon and Wichowsky used a complex mixed method approach to the research, including conducting experiments and surveys for their research, asking respondents to consider themselves in these various economic comparisons, while also providing respondents with the opportunity to describe their own sense of their understanding of those who are seen as either wealthy or poor. The analysis looks at the way that we understand our positions in society, especially economically, as relational, and therefore it is necessary to understand how this relational assessment contributes to how individuals comprehend the growing income divide in the United States. The research surfaced information that shows how social comparison thinking—our comparisons with others up and down the economic ladder—is animated by race and gender as well, connecting class politics with identity politics, noting that economic inequality or class inequality can’t be solved without attention to the racialized and gendered dimensions that are associated with income inequality. Condon and Wichowsky also explain that political rhetoric has played a role in how we understand our economic position and context, as have popular culture renderings, particularly in context of reality television programming about rich Americans. The Economic Other: Inequality in the American Political Imagination (U Chicago Press, 2020) is an important contribution to our understanding of how Americans understand ourselves, especially in regard to our own, personal economic status, and how this shapes our demands on politicians and policies to solve, or not solve, economic anxiety and precarity in the United States. Lilly J. Goren is professor of political science at Carroll University in Waukesha, WI. She is co-editor of the award winning book, Women and the White House: Gender, Popular Culture, and Presidential Politics (University Press of Kentucky, 2012), as well as co-editor of Mad Men and Politics: Nostalgia and the Remaking of Modern America (Bloomsbury Academic, 2015). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Revolution in Development: Mexico and the Governance of the Global Economy (University of California Press, 2021) uncovers the surprising influence of post-revolutionary Mexico on the twentieth century's most important international economic institutions. Drawing on extensive archival research in Mexico, the United States, and Great Britain, Christy Thornton meticulously traces how Mexican officials repeatedly rallied Third World leaders to campaign for representation in global organizations and redistribution through multilateral institutions. By decentering the United States and Europe in the history of global economic governance, Revolution in Development shows how Mexican economists, diplomats, and politicians fought for more than five decades to reform the rules and institutions of the global capitalist economy. In so doing, the book demonstrates, Mexican officials shaped not only their own domestic economic prospects, they shaped the contours of the project of international development itself. Rachel Grace Newman is Lecturer in the History of the Global South at Smith College. She has a Ph.D. in History from Columbia University, and she writes about elite migration, education, transnationalism, and youth in twentieth-century Mexico. She is on Twitter (@rachelgnew). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 Hamas, or the range of hate groups acting around the globe, terrorism continues to be a threat to decent people everywhere. N. Darshan-Leitner and S. M. Katz's book Harpoon: Inside the Covert War Against Terrorism's Money Masters (Hachette, 2017) is a revelatory account of the cloak-and-dagger Israeli campaign to target the finances fueling terror organizations--an effort that became the blueprint for U.S. efforts to combat threats like ISIS and drug cartels. ISIS boasted $2.4 billion of revenue back in 2015, yet for too long the global war on terror overlooked financial warfare as an offensive strategy. "Harpoon," the creation of Mossad legend Meir Dagan, directed spies, soldiers, and attorneys to disrupt and destroy money pipelines and financial institutions that paid for the bloodshed perpetrated by Hamas, Hezbollah, and other groups. Written by an attorney who worked with Harpoon and a bestselling journalist, Harpoon offers a gripping story of the Israeli-led effort, now joined by the Americans, to choke off the terrorists' oxygen supply, money, via unconventional warfare. Renee Garfinkel, Ph.D. is a psychologist, writer, Middle East television commentator and host of The New Books Network’s Van Leer Jerusalem Series on Ideas. Write her at [email protected] or tweet @embracingwisdom Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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, Brasília, and Budapest brought the neoliberal era to end or helped relaunch its “third wave”? What differentiates neo- from ordo- from classical liberalism? In this second edition of Neoliberalism: A Very Short Introduction (Oxford University Press, 2021), Manfred Steger and Ravi Roy seek to answer these questions, and retell the history of an idea, its mutations and its future. Manfred Steger is Professor of Sociology at the University of Hawaiʻi at Mānoa. Ravi Roy is Associate Professor of Political Science and W. Edwards Deming Fellow in Public Affairs at Southern Utah University. *The authors’ book recommendations are Other People's Money: Masters of the Universe or Servants of the People? by John Kay (Profile Books, 2016) and Imperium by Robert Harris (Arrow, 2009). Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 digital finance, which provides a safe, socially-distanced means to transact, including for distribution of social assistance transfers. In this episode, Dr Russell Toth spoke to Dr Thushara Dibley about his work on digital finance schemes and how owning a mobile phone can help lift people out of poverty in Myanmar. Russell Toth is a Senior Lecturer in the School of Economics at the University of Sydney. He is a development microeconomist, focusing on the development of the private sector in Southeast Asia and the Pacific, on topics such as financial systems, digitisation, agricultural value chains, and small and medium enterprises. His research often involves partnering with private and public sector organisations to evaluate programs intended to improve private sector development outcomes. He holds a Ph.D. in economics from Cornell University. You can follow Russell on Twitter @russell_toth. For more information or to browse additional resources, visit the Sydney Southeast Asia Centre’s website here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 the salary cap in 1983, the first in all of sports, against the backdrop of a looming players’ strike on one side and threatened economic collapse on the other. Joshua Mendelsohn illustrates how the salary cap was more than just professional basketball’s economic foundation—it was a grand bargain, a compromise meant to end the chaos that had gripped the sport since the early 1960s. The NBA had spent decades in a vulnerable position financially and legally, unique in professional sports. It entered the 1980s badly battered, something no one knew better than a few legendary NBA figures: Larry Fleisher, general counsel and negotiator for the National Basketball Players Association; Larry O’Brien, the commissioner; and David Stern, who led negotiations for the NBA and would be named the commissioner a few months after the salary cap deal was reached. As a result, in 1983 the NBA and its players made a novel settlement. The players gave up infinite pay increases, but they gained a guaranteed piece of the league’s revenue and free agency to play where they wished—a combination that did not exist before in professional sports but as a result became standard for the NBA, NFL, and NHL as well. The Cap explores in detail not only the high-stakes negotiations in the early 1980s but all the twists and turns through the decades that led the parties to reach a salary cap compromise. It is a compelling story that involves notable players, colorful owners, visionary league and union officials, and a sport trying to solidify a bright future despite a turbulent past and present. This is a story missing from the landscape of basketball history. Paul Knepper used to cover the Knicks for Bleacher Report. His first book, The Knicks of the Nineties: Ewing, Oakley, Starks and the Brawlers That Almost Won It All was published in September 2020. You can reach Paul at [email protected] and follow him on Twitter @paulieknep. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Jeff Broxmeyer has written a fascinating and insightful book about the party system in New York during the Gilded Age, but this is really only the foundation of the analysis. Electoral Capitalism: The Party System in New York's Gilded Age (U Pennsylvania Press, 2020) unwraps the many layers that contribute to our understanding of the party system not only in New York during this period after the Civil War, but throughout much of American politics during this time. As Broxmeyer notes throughout the book, this concept of electoral capitalism organized the party system in Gilded Age New York—and helps us think about how struggles over unequal wealth, or wealth gaps, shape democracy in America and the evolution of the party system in the U.S. Electoral Capitalism essentially examines these ideas from the top down and from the bottom up, spending the first half of the book examining the different political machines that became the power and wealth brokers in New York (William “Boss” Tweed and Tammany Hall, and Roscoe Conkling and the Stalwart machine), and the second half of the book exploring the “spoilsmen” and the individuals who were desperate for these very precarious positions that would possibly help them through a difficult economic situation or keep them from losing their homes. Broxmeyer focuses particular attention on the interweaving of wealth and power that came together in politics during this time, and that it is quite difficult, if not impossible, to disentangle wealth and power from each other and from politics during the Gilded Age. Electoral Capitalism braids together historical and cultural contexts to better understand American political parties and their development, the evolution of democracy in the United States, and the role of money and politics. Lilly J. Goren is professor of political science at Carroll University in Waukesha, WI. She is co-editor of the award winning book, Women and the White House: Gender, Popular Culture, and Presidential Politics (University Press of Kentucky, 2012), as well as co-editor of Mad Men and Politics: Nostalgia and the Remaking of Modern America (Bloomsbury Academic, 2015). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Today I talked with Gary Hamel and Michele Zanini about their book Humanocracy: Creating Organizations As Amazing As the People Inside Them (HBR, 2020). This episode attacks the way bureaucracies are “innovation-phobic” and “soul crushing.” How can motivation, productivity and innovation be radically enhanced? By dismantling traditional power structures within large companies, giving employees the opportunity to become “micropreneurs.” Tying compensation to contribution and enabling true empowerment are the ways to go. Gary Hamel is on the faculty of the London Business School and has been hailed by the Wall Street Journal as the world’s most influential business thinker. Michele Zanini is, along with Hamel, the cofounder of the Management Lab. An alumnus of McKinsey & Company, Zanini has a degree from the John F. Kennedy School of Government at Harvard University. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Emma Griffin's Bread Winner: An Intimate History of the Victorian Economy (Yale UP, 2020) offers a refreshingly different take on the age of national prosperity in Britain from the 19th to early 20th centuries. Drawing from a collection of autobiographical accounts from largely-working class families, Griffin captures the forgotten stories of ordinary families who struggled to manage financially amidst the growing prosperity of the Victorian era. Her book touches on a range of important social, economic and gender issues that are equally relevant today as they were in their time. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In the space of a few weeks this spring, organizations around the world learned that many traditional, in-person jobs could, in fact, be performed remotely. Before the COVID-19 pandemic, however, some individuals were already utilizing new options for personal mobility and online work to strike out on their own. In the new book, Digital Nomads: In Search of Freedom, Community, and Meaningful Work in the New Economy (Oxford UP, 2020), Rachael A. Woldoff and Robert C. Litchfield examine the growing demographic of individuals disaffected by the daily grind of office work who have left the U.S. and Europe to work remotely from low-cost global hubs around the world. These “digital nomads” seek out communities of like-minded unconventional people—what they call a tribe—in places like Indonesia, Thailand, Colombia, Mexico, or Portugal. Taking advantage of advancements in mobility, technology, and telecommunication, digital nomads are venturing around the world in search of a new way of living and working. Through dozens of interviews and several stints living in a digital nomad hub in Bali, Indonesia, Woldoff and Litchfield show why digital nomads leave their conventional lives behind, arguing that the creative class and Millennial workers, though successful, often feel that “world class cities” and desirable jobs are anything but paradise. Digital Nomads follows these new workers through their transitions into freelancing, entrepreneurship, and remote work, and explains how digital nomads create fluid, intimate communities abroad. Complete with a preface that addresses how COVID-19 is inevitably changing the landscape of work, Digital Nomads offers insight into the new ways people are balancing freedom, work, community, and creative fulfillment in the digital age. Galina Limorenko is a doctoral candidate in Neuroscience with a focus on biochemistry and molecular biology of neurodegenerative diseases at EPFL in Switzerland. To discuss and propose the book for an interview you can reach her at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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 Complex Systems Perspective, out from Cambridge University Press in 2020, Hilton L. Root takes a road less-traveled in contemporary economics and brings the analytical tools of systems theory to bear on this perplexing question, believing that a study of network structure might be able to shed more light than the traditional tools of economic analysis. This clearly argued and eminently readable book accounts for much of the current state of affairs by tracing the contrasting historical evolution of Europe as a Small World Network constituted by the dense connectivity of dynastic marriages between the continent’s royal houses, and China as a Hub and Spoke Network with communications flowing outward through the branches of its vast and robustly structured bureaucracy from a primary central node. Other networked social factors under consideration are the development of Europe’s blend of Germanic custom and Roman law, and China’s tradition of the ideal Confucian gentleman and its deep commitment to merit rather than birthright as the condition for ascending the ranks of administrative power structures. Emerging from this thoughtful and well-researched study is a compelling explanatory narrative of Europe’s ongoing capacity to adapt to rapid change and China’s pattern of long stretches of stability, sudden collapse, and subsequent resurrection of largely unchanged network structure. This adventurous scholarly work simultaneously opens new theoretical doors for economists and provides systems scholars with access to new dimensions of application. Tom Scholte is a Professor of Directing and Acting in the Department of Theatre and Film at the University of British Columbia located on the unceded, ancestral, and traditional territory of the Musqueam people. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics