front cover of The Fable of the Keiretsu
The Fable of the Keiretsu
Urban Legends of the Japanese Economy
Yoshiro Miwa and J. Mark Ramseyer
University of Chicago Press, 2006
For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. Within keiretsu groups, argue these observers, firms preferentially trade, lend money, take and receive technical and financial assistance, and cement their ties through cross-shareholding agreements. In The Fable of the Keiretsu, Yoshiro Miwa and J. Mark Ramseyer demonstrate that all this talk is really just urban legend.

In their insightful analysis, the authors show that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan. Western scholars merely repatriated the legend to show the culturally contingent nature of modern economic analysis. Laying waste to the notion of keiretsu, the authors debunk several related “facts” as well: that Japanese firms maintain special arrangements with a “main bank,” that firms are systematically poorly managed, and that the Japanese government guided post-war growth. In demolishing these long-held assumptions, they offer one of the few reliable chronicles of the realities of Japanese business.
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The Fabric of Resistance
Textile Workshops and the Rise of Rebellious Landscapes in Colonial Peru
Di Hu
University of Alabama Press, 2022
Examines the long-term social conditions that enabled large-scale rebellions in late Spanish colonial Peru
 
The Fabric of Resistance: Textile Workshops and the Rise of Rebellious Landscapes in Colonial Peru documents the impact of Spanish colonial institutions of labor on identity and social cohesion in Peru. Through archaeological and historical lines of evidence, Di Hu examines the long-term social conditions that enabled the large-scale rebellions in the late Spanish colonial period in Peru. Hu argues that ordinary people from different backgrounds pushed back against the top-down identity categories imposed by the Spanish colonial government and in the process created a cosmopolitan social landscape that later facilitated broader rebellion.
 
Hu’s case study is Pomacocha, the site of an important Spanish colonial hacienda (agricultural estate) and obraje (textile workshop). At its height, the latter had more than one hundred working families and sold textiles all over the Andes. Through analysis of this site, Hu explores three main long-term causes of rebellions against Spanish oppression. First, the Spanish colonial economy provided motivation and the social spaces for intercaste (indigenous, African, and mestizo) mixing at textile workshops. Second, new hybrid cultural practices and political solidarity arose there that facilitated the creation of new rebellious identities. Third, the maturation in the eighteenth century of popular folklore that reflected the harsh nature of Spanish labor institutions helped workers from diverse backgrounds gain a systemic understanding of exploitation.
 
This study provides a fresh archaeological and historical perspectives on the largest and most cosmopolitan indigenous-led rebellions of the Americas. Hu interweaves analyses of society at multiple scales including fine-grained perspectives of social networks, demography, and intimate details of material life in the textile workshop. She examines a wide range of data sources including artifacts, food remains, architectural plans, account books, censuses, court documents, contracts, maps, and land title disputes.
 
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Face Value
The Entwined Histories of Money and Race in America
Michael O'Malley
University of Chicago Press, 2012

From colonial history to the present, Americans have passionately, even violently, debated the nature and the character of money. They have painted it and sung songs about it, organized political parties around it, and imprinted it with the name of God—all the while wondering: is money a symbol of the value of human work and creativity, or a symbol of some natural, intrinsic value?

In Face Value, Michael O’Malley provides a deep history and a penetrating analysis of American thinking about money and the ways that this ambivalence unexpectedly intertwines with race. Like race, money is bound up in questions of identity and worth, each a kind of shorthand for the different values of two similar things. O’Malley illuminates how these two socially constructed hierarchies are deeply rooted in American anxieties about authenticity and difference.

In this compelling work of cultural history, O’Malley interprets a stunning array of historical sources to evaluate the comingling of ideas about monetary value and social distinctions. More than just a history, Face Value offers us a new way of thinking about the present culture of coded racism, gold fetishism, and economic uncertainty.

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A Failure of Capitalism
The Crisis of ’08 and the Descent into Depression
Richard A. Posner
Harvard University Press, 2009

The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. How could it have happened, especially after all that we’ve learned from the Great Depression? Why wasn’t it anticipated so that remedial steps could be taken to avoid or mitigate it? What can be done to reverse a slide into a full-blown depression? Why have the responses to date of the government and the economics profession been so lackluster? Richard Posner presents a concise and non-technical examination of this mother of all financial disasters and of the, as yet, stumbling efforts to cope with it. No previous acquaintance on the part of the reader with macroeconomics or the theory of finance is presupposed. This is a book for intelligent generalists that will interest specialists as well.

Among the facts and causes Posner identifies are: excess savings flowing in from Asia and the reckless lowering of interest rates by the Federal Reserve Board; the relation between executive compensation, short-term profit goals, and risky lending; the housing bubble fuelled by low interest rates, aggressive mortgage marketing, and loose regulations; the low savings rate of American people; and the highly leveraged balance sheets of large financial institutions.

Posner analyzes the two basic remedial approaches to the crisis, which correspond to the two theories of the cause of the Great Depression: the monetarist—that the Federal Reserve Board allowed the money supply to shrink, thus failing to prevent a disastrous deflation—and the Keynesian—that the depression was the product of a credit binge in the 1920s, a stock-market crash, and the ensuing downward spiral in economic activity. Posner concludes that the pendulum swung too far and that our financial markets need to be more heavily regulated.

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Fair to Middlin'
The Antebellum Cotton Trade of the Apalachicola/Chattahoochee River Valley
Lynn Willoughby
University of Alabama Press, 2009
Explores the livelihood of the regional antebellum economy surrounding the Apalachicola/Chattahoochee River valley and the resulting global impact of this industry

This study focuses on the port of Apalachicola, Florida and the business men who lived the trade, flourishing amongst the poor conditions of transportation, communication, money, and banking. Cotton businessmen located along the waterway and on the coast neatly divided the labour necessary to market the region's major source of income.

Early regional economics revolved around and grew from the rivers that served as the primary form of transportation, and each patchwork of economy in the antebellum South relied on a different river system and its major transportation artery. Few people truly understand and realize how important cotton was to the world's economy, and no other American export came close to the importance of cotton. This power and success allowed the South to function self-sufficiently, eliminating the need to rely on other regions for goods. It was not until the introduction of the railroad system that these individual river economies blurred and faded into one another, gradually uniting to one integrated national economy.
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Farewell to Prosperity
Wealth, Identity, and Conflict in Postwar America
Lisle A. Rose
University of Missouri Press, 2014
Farewell to Prosperity is a provocative, in-depth study of the Liberal and Conservative forces that fought each other to shape American political culture and character during the nation’s most prosperous years. The tome’s central theme is the bitter struggle to fashion post–World War II society between a historic Protestant Ethic that equated free-market economics and money-making with Godliness and a new, secular Liberal temperament that emerged from the twin ordeals of depression and world war to stress social justice and security.

Liberal policies and programs after 1945 proved key to the creation of mass affluence while encouraging disadvantaged racial, ethnic, and social groups to seek equal access to power. But liberalism proved a zero-sum game to millions of others who felt their sense of place and self progressively unhinged. Where it did not overturn traditional social relationships and assumptions, liberalism threatened and, in the late sixties and early seventies, fostered new forces of expression at radical odds with the mindset and customs that had previously defined the nation without much question.
 
When the forces of liberalism overreached, the Protestant Ethic and its millions of estranged religious and economic proponents staged a massive comeback under the aegis of Ronald Reagan and a revived Republican Party. The financial hubris, miscalculations, and follies that followed ultimately created a conservative overreach from which the nation is still recovering. Post–World War II America was thus marked by what writer Salman Rushdie labeled in another context “thin-skinned years of rage-defined identity politics.” This “politics” and its meaning form the core of the narrative.

Farewell to Prosperity is no partisan screed enlisting recent history to support one side or another. Although absurdity abounds, it knows no home, affecting Conservative and Liberal actors and thinkers alike.
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Farm, Shop, Landing
The Rise of a Market Society in the Hudson Valley, 1780–1860
Martin Bruegel
Duke University Press, 2002
At the turn of the nineteenth century, when the word “capital” first found its way into the vocabulary of mid-Hudson Valley residents, the term irrevocably marked the profound change that had transformed the region from an inward-looking, rural community into a participant in an emerging market economy. In Farm, Shop, Landing Martin Bruegel turns his attention to the daily lives of merchants, artisans, and farmers who lived and worked along the Hudson River in the decades following the American Revolution to explain how the seeds of capitalism were spread on rural U.S. soil.
Combining theoretical rigor with extensive archival research, Bruegel’s account diverges from other historiographies of nineteenth-century economic development. It challenges the assumption that the coexistence of long-distance trade, private property, and entrepreneurial activity lead to one inescapable outcome: a market economy either wholeheartedly embraced or entirely rejected by its members. When Bruegel tells the story of farmer William Coventry struggling in the face of bad harvests, widow Mary Livingston battling her tenants, blacksmith Samuel Fowks perfecting the cast-iron plough, and Hannah Bushnell sending her butter to market, Bruegel shows that the social conventions of a particular community, and the real struggles and hopes of individuals, actively mold the evolving economic order. Ultimately, then, Farm, Shop, Landing suggests that the process of modernization must be understood as the result of the simultaneous and often contentious interplay of social and economic spheres.
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Fast, Easy, and In Cash
Artisan Hardship and Hope in the Global Economy
Jason Antrosio and Rudi Colloredo-Mansfeld
University of Chicago Press, 2015
“Artisan” has become a buzzword in the developed world, used for items like cheese, wine, and baskets, as corporations succeed at branding their cheap, mass-produced products with the popular appeal of small-batch, handmade goods. The unforgiving realities of the artisan economy, however, never left the global south, and anthropologists have worried over the fate of resilient craftspeople as global capitalism remade their cultural and economic lives. Yet artisans are proving to be surprisingly vital players in contemporary capitalism, as they interlock innovation and tradition to create effective new forms of entrepreneurship. Based on seven years of extensive research in Colombia and Ecuador, veteran ethnographers Jason Antrosio and Rudi Colloredo-Mansfeld’s Fast, Easy, and In Cash explores how small-scale production and global capitalism are not directly opposed, but rather are essential partners in economic development.

Antrosio and Colloredo-Mansfeld demonstrate how artisan trades evolve in modern Latin American communities. In uncertain economies, small manufacturers have adapted to excel at home-based production, design, technological efficiency, and investments. Vivid case studies illuminate this process: peasant farmers in Túquerres, Otavalo weavers, Tigua painters, and the t-shirt industry of Atuntaqui. Fast, Easy, and In Cash exposes how these ambitious artisans, far from being holdovers from the past, are crucial for capitalist innovation in their communities and provide indispensable lessons in how we should understand and cultivate local economies in this era of globalization.
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Fathers' Fair Share
Helping Poor Men Manage Child Support and Fatherhood
Earl S. Johnson
Russell Sage Foundation, 1999
One of the most challenging goals for welfare reformers has been improving the collection of child support payments from noncustodial parents, usually fathers. Often vilified as deadbeats who have dropped out of their children's lives, these fathers have been the target of largely punitive enforcement policies that give little consideration to the complex circumstances of these men's lives. Fathers' Fair Share presents an alternative to these measures with an in-depth study of the Parents Fair Share Program. A multi-state intervention run by the Manpower Demonstration Research Corporation, the program was designed to better the life skills of nonpaying fathers with children on public assistance, in the belief that this would encourage them to improve their level of child support. The men chosen for the program frequently lived on the margins of society. Chronically unemployed or underemployed, undereducated, and often earning their money on the streets, they bore the scars of drug or alcohol abuse, troubled family lives, and arrest records. Among those of African American and Hispanic descent, many felt a deep-rooted distrust of the mainstream economy. The Parents Fair Share Program offered these men the chance not only to learn the social skills needed for stable employment but to participate in discussions about personal difficulties, racism, and problems in their relationships with their children and families. Fathers' Fair Share details the program's mix of employment training services, peer support groups, and formal mediation of disputes between custodial and noncustodial parents. Equally important, the authors explore the effect of the participating fathers' expectations and doubts about the program, which were colored by their often negative views about the child support and family law system. The voices heard in Fathers' Fair Share provides a rare look into the lives of low-income fathers and how they think about their struggles and prospects, their experiences in the workplace, and their responsibilities toward their families. Parents Fair Share demonstrated that, in spite of their limited resources, these men are more likely to make stronger efforts to improve support payments and to become greater participants in their children's lives if they encounter a less adversarial and arbitrary enforcement system. Fathers' Fair Share offers a valuable resource to the design of social welfare programs seeking to reach out to this little-understood population, and addresses issues of tremendous importance for those concerned about welfare reform, child support enforcement, family law, and employment policy.
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Fear Your Future
How the Deck Is Stacked against Millennials and Why Socialism Would Make It Worse
Philip Klein
Templeton Press, 2019
It’s become fashionable to demean millennials as the “snowflake” generation. Raised during the peace and prosperity of the ‘90s, they’re often perceived as carrying an entitlement mentality and being incapable of handling adversity. But Philip Klein sees them differently. Given the economic headwinds they faced at the start of their working lives, millennials have shown commendable fortitude. And as Klein argues, they will need to maintain this character strength going forward because further challenges loom in their future.  

The aftershocks of the Great Recession, the skyrocketing cost of living, and the titanic weight of student loan debt have made the American Dream seem to be forever retreating toward the horizon. As if that weren’t enough, millennials will face the largest federal debt in history as boomers retire and extract trillions of dollars from Social Security and Medicare—far more than they contributed.  

In this concise, data-driven book, Klein begins the work of brightening the future for millennials by analyzing the problem compassionately yet objectively. There are real reasons to worry about what lies ahead if nothing changes. But the facts laid out in Klein’s book can steer the conversation to realistic solutions.



 
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The Federal Landscape
An Economic History of the Twentieth-Century West
Gerald D. Nash
University of Arizona Press, 1999
The vastness of the American West is apparent to anyone who travels through it, but what may not be immediately obvious is the extent to which the landscape has been shaped by the U.S. government. Water development projects, military bases, and Indian reservations may interrupt the wilderness vistas, but these are only an indication of the extent to which the West has become a federal landscape.
 
Historian Gerald D. Nash has written the first account of the epic growth of the economy of the American West during the twentieth century, showing how national interests shaped the West over the course of the past hundred years. In a book written for a broad readership, he tells the story of how America’s hinterland became the most dynamic and rapidly growing part of the country.
 
The Federal Landscape relates how in the nineteenth century the West was largely developed by individual enterprise but how in the twentieth Washington, D.C., became the central player in shaping the region. Nash traces the development of this process during the Progressive Era, World War I, the New Deal, World War II, the affluent postwar years, and the cold-war economy of the 1950s. He analyzes the growth of western cities and the emergence of environmental issues in the 1960s, the growth of a vibrant Mexican-U.S. border economy, and the impact of large-scale immigration from Latin America and Asia at century’s end.
 
Although specialists have studied many particular facets of western growth, Nash has written the only book to provide a much-needed overview of the subject. By addressing subjects as diverse as public policy, economic development, environmental and urban issues, and questions of race, class, and gender, he puts the entire federal landscape in perspective and shows how the West was really won.
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A Feminist Reading of Debt
Luci Cavallero
Pluto Press, 2021

***Winner of an English PEN Award 2021***

In this sharp intervention, authors Lucí Cavallero and Verónica Gago defiantly develop a feminist understanding of debt, showing its impact on women and members of the LGBTQ+ community and examining the relationship between debt and social reproduction.

Exploring the link between financial activity and the rise of conservative forces in Latin America, the book demonstrates that debt is intimately linked to gendered violence and patriarchal notions of the family. Yet, rather than seeing these forces as insurmountable, the authors also show ways in which debt can be resisted, drawing on concrete experiences and practices from Latin America and around the world.

Featuring interviews with women in Argentina and Brazil, the book reveals the real-life impact of debt and how it falls mainly on the shoulders of women, from the household to the wider effects of national debt and austerity. However, through discussions around experiences of work, prisons, domestic labour, agriculture, family, abortion and housing, a narrative of resistance emerges.

Translated by Liz Mason-Deese.

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Festival of the Poor
Fertility Decline and the Ideology of Class
Jane C. Schneider
University of Arizona Press, 1996
The historical decline of fertility in Europe has occupied a central place in social history and demography over the past quarter-century. Most scholars credit Europeans with modulating sexual behavior, through either abstinence or the practice of coitus interruptus, as a rational choice made in the interest of personal economic comfort; yet peasant and working classes have typically lagged behind in birth control and have given rise to the adage that "sexual embrace is the festival of the poor." Scholarly analyses of "lag" often reinforce this stigmatizing view. Now this subject is given a fresh look through a case study in Sicily, one of the last outposts of Western Europe's demographic transition.

By examining population changes in a single community between 1860 and 1980, the authors offer an extended review and critique of existing models of fertility decline in Europe, proposing a new interpretation that emphasizes historical context and class relations. They show how the spread of capitalism in Sicily induced an unprecedented rate of population growth, with boom-and-bust cycles creating the class experiences in which "reputational networks" came to redefine family life; how Sicilians began to control their fertility in response to class-mediated ideas about gender relations and respectable family size; and how the town's gentry, artisan, and peasant classes adopted family planning methods at different times in response to different pressures.

Jane and Peter Schneider's anthropologically oriented political-economy perspective challenges the position of Western Europe as a model for fertility decline on which every other case should converge, looking instead at the diversity of cultural ideals and practices--such as those found in Sicily--that influence the spread and form of birth control. Combining anthropological, oral historical, and archival methods in new and insightful ways, the authors' synthesis of a particular case study with a broad historical and theoretical discussion will play a major role in the ongoing debates over the history of European fertility decline and point the way toward integrating the analysis of demographic upheaval with the study of class formation and ideology.
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Fifty Years of Change on the U.S.-Mexico Border
Growth, Development, and Quality of Life
By Joan B. Anderson and James Gerber
University of Texas Press, 2007

Winner, Book Award, Associaton for Borderland Studies, 2008

The U.S. and Mexican border regions have experienced rapid demographic and economic growth over the last fifty years. In this analysis, Joan Anderson and James Gerber offer a new perspective on the changes and tensions pulling at the border from both sides through a discussion of cross-border economic issues and thorough analytical research that examines not only the dramatic demographic and economic growth of the region, but also shifts in living standards, the changing political climate, and environmental pressures, as well as how these affect the lives of people in the border region.

Creating what they term a Border Human Development Index, the authors rank the quality of life for every U.S. county and Mexican municipio that touches the 2,000-mile border. Using data from six U.S. and Mexican censuses, the book adeptly illustrates disparities in various aspects of economic development between the two countries over the last six decades.

Anderson and Gerber make the material accessible and compelling by drawing an evocative picture of how similar the communities on either side of the border are culturally, yet how divided they are economically. The authors bring a heightened level of insight to border issues not just for academics but also for general readers. The book will be of particular value to individuals interested in how the border between the two countries shapes the debates on quality of life, industrial growth, immigration, cross-border integration, and economic and social development.

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Fighting Financial Crises
Learning from the Past
Gary B. Gorton and Ellis W. Tallman
University of Chicago Press, 2018
If you’ve got money in the bank, chances are you’ve never seriously worried about not being able to withdraw it. But there was a time in the United States, an era that ended just over a hundred years ago, when bank customers had to pay close attention to the solvency of the banking system, knowing they might have to rush to retrieve their savings before the bank collapsed. During the National Banking Era (1863–1913), before the establishment of the Federal Reserve, widespread banking panics were indeed rather common.

Yet these pre-Fed banking panics, as Gary B. Gorton and Ellis W. Tallman show, bear striking similarities to our recent financial crisis. Fighting Financial Crises thus turns to the past to better understand our uncertain present, investigating how panics during the National Banking Era played out and how they were eventually quelled and prevented. The authors then consider the Fed’s and the SEC’s reactions to the recent crisis, building an informative new perspective on how the modern economy works.
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Fighting Unemployment in Twentieth-Century Chile
Ángela Vergara
University of Pittsburgh Press, 2021
In Fighting Unemployment in Twentieth-Century Chile, Ángela Vergara narrates the story of how industrial and mine workers, peasants and day laborers, as well as blue-collar and white-collar employees earned a living through periods of economic, political, and social instability in twentieth-century Chile. The Great Depression transformed how Chileans viewed work and welfare rights and how they related to public institutions. Influenced by global and regional debates, the state put modern agencies in place to count and assist the poor and expand their social and economic rights. Weaving together bottom-up and transnational approaches, Vergara underscores the limits of these policies and demonstrates how the benefits and protections of wage labor became central to people’s lives and culture, and how global economic recessions, political oppression, and abusive employers threatened their working-class culture. Fighting Unemployment in Twentieth-Century Chile contributes to understanding the profound inequality that permeates Chilean history through a detailed analysis of the relationship between welfare professionals and the unemployed, the interpretation of labor laws, and employers’ everyday attitudes.
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Finance Capitalism Unveiled
Banks and the German Political Economy
Richard Deeg
University of Michigan Press, 1999
If we are moving toward one global financial market, will all national financial systems that determine how businesses raise money look the same? Richard Deeg argues that, despite financial market integration and considerable harmonization in the regulation of financial markets, the traditional structure and economic functions of national financial systems are not inevitably undermined. Using the case of Germany--a country with a strong and distinctive financial sector that is at the center of the pressures of economic integration--the author shows how the unique aspects of the German financial sector and its relationship to the German economy have persisted notwithstanding powerful pressures to change. Posing the German model of coordinated capitalism in which banks play an important role in shaping both firm behavior and the possibilities for state intervention in the economy against the liberal model of the United States and Britain in which the securities markets play a much greater role than banks, Deeg shows how the German model has survived competitive pressures in the international economic system that have pushed Germany--and other countries--toward the liberal model.
This book will appeal to political scientists and economists interested in international financial markets, globalization, and the comparative study of domestic financial markets, as well as in German politics and the German economy.
Richard Deeg is Assistant Professor of Political Science, Temple University.
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The Financial Crisis and the Global South
A Development Perspective
Yilmaz Akyuz
Pluto Press, 2013

This book is a major contribution exploring the policy options available for developing and emerging economies in response to the global economic crises.

Written by a highly respected development economist, the book gives a clear-eyed account of the issues particular to these countries and critically evaluates different policy approaches, including reforms in financial, monetary and trade policies. Informed by deep scholarship as well as practical experience, Yilmaz Akyüz draws on empirical data, historical context and theoretical expertise, with special attention paid to issues such as the role of the International Monetary Fund and China.

The Financial Crisis and the Global South is a landmark book that will be of interest to practitioners, scholars, theorists and students of economics and development studies.

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Financial Development in Korea, 1945–1978
David C. Cole and Yung Chul Park
Harvard University Press, 1983

This ninth title in the series Studies in the Modernization of the Republic of Korea offers new insights into the role of finance in a rapidly developing country. Combining history and theory, it provides a rigorous test of previous theoretical propositions. The study illustrates the complexity of the Korean financial system and the danger of easy generalization from partial evidence.

The two major components of the financial system are brought into focus—one regulated and statistically recorded, the other unregulated, unrecorded. The burden of financial intermediation shifts from one to the other largely in response to government policy measures. By looking only at the regulated sector, previous studies have often misperceived the role of the financial system and the effects of government policies. The financial scandal in Seoul in May 1982 vividly demonstrated that the unregulated part of the system is still important and that overregulation of the “modern” part generates strong pressures for perpetuating the illegal, unregulated, “traditional” financial institutions.

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First the Transition, then the Crash
Eastern Europe in the 2000s
Edited by Gareth Dale
Pluto Press, 2011

The 1989-91 upheavals in Eastern Europe sparked a turbulent process of social and economic transition. Two decades on, with the global economic crisis of 2008-10, a new phase has begun.

This book explores the scale and trajectory of the crisis through case studies of the Czech Republic, Hungary, Latvia, Poland, Russia, Ukraine and the former Yugoslavia. The contributors focus upon the relationships between geopolitics, the world economy and class restructuring.

The book covers the changing relationship between business and states; foreign capital flows; financialisation and asset price bubbles; austerity and privatisation; and societal responses, in the form of reactionary populism and progressive social movements.

Challenging neoliberal interpretations that envisage the transition as a process of unfolding liberty, the dialectic charted in these pages reveals uneven development, attenuated freedoms and social polarisation.

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Fishing for Growth
Export-led Development in Peru
Michael Roemer
Harvard University Press, 1970
In this first in-depth study of export-led growth in Peru, Michael Roemer demonstrates that, given the right conditions, primary product export industries can stimulate rapid and sustained economic growth in less developed countries—a possibility that has been either ignored or rejected by much development literature. Indeed, Peru's export-oriented economy succeeded in promoting diversification and industrialization, not in spite of, but because of its exports of primary products, especially fish meal. The most dramatic effect of this dynamic industry, according to the author, has been the establishment of a substantial capital-goods sector in Peru.
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Flow
The Life and Times of Philadelphia's Schuylkill River
Beth Kephart
Temple University Press, 2014
The Schuylkill River-the name in Dutch means "hidden creek"-courses many miles, turning through Philadelphia before it yields to the Delaware. "I am this wide. I am this deep. A tad voluptuous, but only in places," writes Beth Kephart, capturing the voice of this natural resource in Flow.
An award-winning author, Kephart's elegant, impressionistic story of the Schuylkill navigates the beating heart of this magnificent water source. Readers are invited to flow through time-from the colonial era and Ben Franklin's death through episodes of Yellow Fever and the Winter of 1872, when the river froze over-to the present day. Readers will feel the silt of the Schuylkill's banks, swim with its perch and catfish, and cruise-or scull-downstream, from Reading to Valley Forge to the Water Works outside center city.
Flow's lush narrative is peppered with lovely, black and white photographs and illustrations depicting the river's history, its people, and its gorgeous vistas. Written with wisdom and with awe for one of the oldest friends of all Philadelphians, Flow is a perfect book for reading while the ice melts, and for slipping in your bag for your own visit to the Schuylkill.
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Following in Father’s Footsteps
Social Mobility in Ireland
Michael Hout
Harvard University Press, 1989

This is the first systematic study of patterns of social mobility in Ireland. It covers a recent period—the 1960s—when Ireland was undergoing rapid economic growth and modernization. The author thus was able to test the widely accepted hypothesis that growth weakens class barriers. To his surprise he found that it did not. Social mobility increased somewhat, but among mobile men the better jobs still went to those from advantaged social class origins. Despite economic development and demographic change, the underlying link between social origins and career destinations remained unchanged.

In chapters on education, life cycle, religion, and farming, Michael Hout shows how inequality persists in contemporary Ireland. In the last chapter he reviews evidence from other countries and concludes that governments must take action against class barriers in education and employment practices if inequality is to be reduced. Economic growth creates jobs, he argues, but economic growth alone cannot allocate those jobs fairly.

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Food Insecurity Among Members of the Armed Forces and Their Dependents
Beth J. Asch
RAND Corporation, 2023
The National Defense Authorization Act for fiscal year 2020 directed the Secretary of Defense to report on food insecurity among members of the armed forces and their dependents. RAND researchers examined the eight elements from the directive (including an assessment of the current extent of food insecurity among service members and their dependents) and developed answers, along with listing areas requiring additional analysis.
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For Jobs and Freedom
Selected Speeches and Writings of A. Philip Randolph
Andrew E. Kersten
University of Massachusetts Press, 2014
As the head of the Brotherhood of Sleeping Car Porters and a tireless advocate for civil rights, A. Philip Randolph (1889–1979) served as a bridge between African Americans and the labor movement. During a public career that spanned more than five decades, he was a leading voice in the struggle for black freedom and social justice, and his powerful words inspired others to join him.

This volume documents Randolph's life and work through his own writings. The editors have combed through the files of libraries, manuscript collections, and newspapers, selecting more than seventy published and unpublished pieces that shed light on Randolph's most significant activities. The book is organized thematically around his major interests—dismantling workplace inequality, expanding civil rights, confronting racial segregation, and building international coalitions. The editors provide a detailed biographical essay that helps to situate the speeches and writings collected in the book. In the absence of an autobiography, this volume offers the best available presentation of Randolph's ideas and arguments in his own words.
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For Might and Right
Cold War Defense Spending and the Remaking of American Democracy
Michael Brenes
University of Massachusetts Press, 2020
How did the global Cold War influence American politics at home? For Might and Right traces the story of how Cold War defense spending remade participatory politics, producing a powerful and dynamic political coalition that reached across party lines. This "Cold War coalition" favored massive defense spending over social welfare programs, bringing together a diverse array of actors from across the nation, including defense workers, community boosters, military contractors, current and retired members of the armed services, activists, and politicians. Faced with neoliberal austerity and uncertainty surrounding America's foreign policy after the 1960s, increased military spending became a bipartisan solution to create jobs and stimulate economic growth, even in the absence of national security threats.

Using a rich array of archival sources, Michael Brenes draws important connections between economic inequality and American militarism that enhance our understanding of the Cold War's continued impact on American democracy and the resilience of the military-industrial complex, up to the age of Donald Trump.
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Forensics of Capital
Michael Ralph
University of Chicago Press, 2015
As one of Africa’s few democracies, Senegal has long been thought of as a leader of moral, political, and economic development on the continent. We tend to assume that any such nation has achieved favorable international standing due to its own merits. In Forensics of Capital, Michael Ralph upends this kind of conventional thinking, showing how Senegal’s diplomatic standing was strategically forged in the colonial and postcolonial eras at key periods of its history and is today entirely contingent on the consensus of wealthy and influential nations and international lending agencies.
           
Ralph examines Senegal’s crucial and pragmatic decisions related to its development and how they garnered international favor, decisions such as its opposition to Soviet involvement in African liberation—despite itself being a socialist state—or its support for the US-led war on terror—despite its population being predominately Muslim. He shows how such actions have given Senegal an inflated political and economic position and status as a highly credit-worthy nation even as its domestic economy has faltered. Exploring these and many other aspects of Senegal’s political economy and its interface with the international community, Ralph demonstrates that the international reputation of any nation—not just Senegal—is based on deep structural biases. 
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Forest Patches in Tropical Landscapes
Edited by John Schelhas and Russell Greenberg
Island Press, 1996
While tropical forests are being cleared at an alarming rate, the clearing is rarely complete and is often not permanent. A considerable amount of tropical forest exists as remnants that have significant value both for the conservation of biological diversity and for meeting the needs of local people.

This volume brings together world-renowned scientists and conservationists to address the biological and socio-economic value of forest remnants and to examine practical efforts to conserve those remnants. An outgrowth of a year-long study by the policy program at the Smithsonian Migratory Bird Center, Forest Patches in Tropical Landscapes provides a broad overview of theory and practice, and will help foster both interdisciplinary research and more effective approaches to tropical conservation and development.
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Forest Prairie Edge
Place History in Saskatchewan
Merle Massie
University of Manitoba Press, 2014

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Forging a New South
The Life of General John T. Wilder
Maury Nicely
University of Tennessee Press, 2023
On the morning of August 21, 1861, John T. Wilder, a brash young colonel of a Union mounted infantry unit nicknamed the “Lightning Brigade” ordered his men to open fire on the city of Chattanooga, Tennessee, damaging buildings, sinking steamboats along the riverfront, and injuring men, women, and children. In the midst of Reconstruction and an emerging new South a mere eight years later, Wilder was elected mayor of Chattanooga. While Wilder is most closely associated with the Lightning Brigade, which helped to pioneer the use of both mounted infantry and repeating firearms during the American Civil War, his military accomplishments occupied only five years of his eighty-seven year life. His immense postwar success, however, left a permanent mark on the industrial development of the war-torn South in the second half of the nineteenth century.

It is the comprehensive picture of Wilder’s nearly nine decades that Maury Nicely seeks to capture in Forging a New South: The Life of General John T. Wilder. “For many war heroes, there was not much beyond the war worth telling,” Nicely writes. “Such was not the case with Wilder.” A successful entrepreneur and industrialist, after the war Wilder relocated to East Tennessee, where he created dozens of businesses, factories, mines, hotels, and towns; was elected mayor of the city he had shelled during the war; and cultivated close personal and business relationships with Federal and Confederate veterans alike, helping to create a new South in the wake of a devastating conflict. Presented in two parts and accompanied by more than sixty detailed photographs and maps, Nicely’s balanced study fills a significant void—the first complete biography of General John T. Wilder.
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Forty Miles from the Sea
Xalapa, the Public Sphere, and the Atlantic World in Nineteenth-Century Mexico
Rachel A. Moore
University of Arizona Press, 2011
While the literature on Atlantic history is vast and flourishing, few studies have examined the importance of inland settlements to the survival of Atlantic ports. This book explores the symbiotic yet conflicted relationships that bound the Mexican cities of Xalapa and Veracruz to the larger Atlantic world and considers the impact these affiliations had on communication and, ultimately, the formation of national identity.

Over the course of the nineteenth century, despite its inland location, Xalapa became an important Atlantic community as it came to represent both a haven and a place of fortification for residents of Veracruz. Yellow fever, foreign invasion, and domestic discord drove thousands of residents of Veracruz, as well as foreign travelers, to seek refuge in Xalapa. At the same time, these adverse circumstances prompted the Mexican government to use Xalapa as a bulwark against threats originating in the Atlantic.

The influence of the Atlantic world thus stretched far into central Mexico, thanks to both the instability of the coastal region and the desire of government officials to “protect” central Mexico from volatile Atlantic imports. The boundaries established at Xalapa, however, encouraged goods, information, and people to collect in the city and thereby immerse the population in the developments of the Atlantic sphere. Thus, in seeking to protect the center of the country, government authorities more firmly situated Xalapa in the Atlantic world. This connection would be trumped by national affiliation only when native residents of Xalapa became more comfortable with their participation in the Mexican public sphere later in the nineteenth century.

The interdisciplinary and comparative nature of this study will make it appeal to those studying Atlantic history, including historians of Britain, the United States, Latin America, and Africa, as well as those studying communication, print culture, and postal history more broadly.
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The Four Little Dragons
The Spread of Industrialization in East Asia
Ezra F. Vogel
Harvard University Press, 1991

Japan and the four little dragons—Taiwan, South Korea, Hong Kong, and Singapore—constitute less than 1 percent of the world’s land mass and less than 4 percent of the world’s population. Yet in the last four decades they have become, with Europe and North America, one of the three great pillars of the modern industrial world order. How did they achieve such a rapid industrial transformation? Why did the four little dragons, dots on the East Asian periphery, gain such Promethean energy at this particular time in history?

Ezra F. Vogel, one of the most widely read scholars on Asian affairs, provides a comprehensive explanation of East Asia’s industrial breakthrough. While others have attributed this success to tradition or to national economic policy, Vogel’s penetrating analysis illuminates how cultural background interacted with politics, strategy, and situational factors to ignite the greatest burst of sustained economic growth the world has yet seen.

Vogel describes how each of the four little dragons acquired the political stability needed to take advantage of the special opportunities available to would-be industrializers after World War II. He traces how each little dragon devised a structure and a strategy to hasten industrialization and how firms acquired the entrepreneurial skill, capital, and technology to produce internationally competitive goods. Vogel brings masterly insight to the underlying question of why Japan and the little dragons have been so extraordinarily successful in industrializing while other developing countries have not. No other work has pinpointed with such clarity how institutions and cultural practices rooted in the Confucian tradition were adapted to the needs of an industrial society, enabling East Asia to use its special situational advantages to respond to global opportunities.

This is a book that all scholars and lay readers with an interest in Asia will want to read and ponder.

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France’s Long Reconstruction
In Search of the Modern Republic
Herrick Chapman
Harvard University Press, 2018

At the end of World War II, France’s greatest challenge was to repair a civil society torn asunder by Nazi occupation and total war. Recovery required the nation’s complete economic and social transformation. But just what form this “new France” should take remained the burning question at the heart of French political combat until the Algerian War ended, over a decade later. Herrick Chapman charts the course of France’s long reconstruction from 1944 to 1962, offering fresh insights into the ways the expansion of state power, intended to spearhead recovery, produced fierce controversies at home and unintended consequences abroad in France’s crumbling empire.

Abetted after Liberation by a new elite of technocratic experts, the burgeoning French state infiltrated areas of economic and social life traditionally free from government intervention. Politicians and intellectuals wrestled with how to reconcile state-directed modernization with the need to renew democratic participation and bolster civil society after years spent under the Nazi and Vichy yokes. But rather than resolving the tension, the conflict between top-down technocrats and grassroots democrats became institutionalized as a way of framing the problems facing Charles de Gaulle’s Fifth Republic.

Uniquely among European countries, France pursued domestic recovery while simultaneously fighting full-scale colonial wars. France’s Long Reconstruction shows how the Algerian War led to the further consolidation of state authority and cemented repressive immigration policies that now appear shortsighted and counterproductive.

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Freaks of Fortune
The Emerging World of Capitalism and Risk in America
Jonathan Levy
Harvard University Press, 2012

Until the early nineteenth century, “risk” was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.

Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions—insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets—while posing inescapable moral questions. For at the heart of risk’s rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one’s own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name “financial services industry.” Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system.

Amid the nineteenth-century’s waning faith in God’s providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortune is one of the first books to excavate the historical origins of our own financialized times and risk-defined lives.

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Freedom Colonies
Independent Black Texans in the Time of Jim Crow
By Thad Sitton and James H. Conrad
University of Texas Press, 2005

Friends of the Dallas Public Library Award, 2006
Best Book on East Texas, East Texas Historical Association, 2007

In the decades following the Civil War, nearly a quarter of African Americans achieved a remarkable victory—they got their own land. While other ex-slaves and many poor whites became trapped in the exploitative sharecropping system, these independence-seeking individuals settled on pockets of unclaimed land that had been deemed too poor for farming and turned them into successful family farms. In these self-sufficient rural communities, often known as "freedom colonies," African Americans created a refuge from the discrimination and violence that routinely limited the opportunities of blacks in the Jim Crow South.

Freedom Colonies is the first book to tell the story of these independent African American settlements. Thad Sitton and James Conrad focus on communities in Texas, where blacks achieved a higher percentage of land ownership than in any other state of the Deep South. The authors draw on a vast reservoir of ex-slave narratives, oral histories, written memoirs, and public records to describe how the freedom colonies formed and to recreate the lifeways of African Americans who made their living by farming or in skilled trades such as milling and blacksmithing. They also uncover the forces that led to the decline of the communities from the 1930s onward, including economic hard times and the greed of whites who found legal and illegal means of taking black-owned land. And they visit some of the remaining communities to discover how their independent way of life endures into the twenty-first century.

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Freedom Is Not Enough
The War on Poverty and the Civil Rights Movement in Texas
By William S. Clayson
University of Texas Press, 2010

Led by the Office of Economic Opportunity, Lyndon Johnson's War on Poverty reflected the president's belief that, just as the civil rights movement and federal law tore down legalized segregation, progressive government and grassroots activism could eradicate poverty in the United States. Yet few have attempted to evaluate the relationship between the OEO and the freedom struggles of the 1960s. Focusing on the unique situation presented by Texas, Freedom Is Not Enough examines how the War on Poverty manifested itself in a state marked by racial division and diversity—and by endemic poverty.

Though the War on Poverty did not eradicate destitution in the United States, the history of the effort provides a unique window to examine the politics of race and social justice in the 1960s. William S. Clayson traces the rise and fall of postwar liberalism in the Lone Star State against a backdrop of dissent among Chicano militants and black nationalists who rejected Johnson's brand of liberalism. The conservative backlash that followed is another result of the dramatic political shifts revealed in the history of the OEO, completing this study of a unique facet in Texas's historical identity.

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Frigid Embrace
Politics, Economics, and Environment in Alaska
Stephen Haycox
Oregon State University Press, 2002

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From Cotton Belt to Sunbelt
Federal Policy, Economic Development, and the Transformation of the South 1938–1980
Bruce J. Schulman
Duke University Press, 1994
From Cotton Belt to Sunbelt investigates the effects of federal policy on the American South from 1938 until 1980 and charts the close relationship between federal efforts to reform the South and the evolution of activist government in the modern United States. Decrying the South’s economic backwardness and political conservatism, the Roosevelt Administration launched a series of programs to reorder the Southern economy in the 1930s. After 1950, however, the social welfare state had been replaced by the national security state as the South’s principal benefactor. Bruce J. Schulman contrasts the diminished role of national welfare initiatives in the postwar South with the expansion of military and defense-related programs. He analyzes the contributions of these growth-oriented programs to the South’s remarkable economic expansion, to the development of American liberalism, and to the excruciating limits of Sunbelt prosperity, ultimately relating these developments to southern politics and race relations. By linking the history of the South with the history of national public policy, Schulman unites two issues that dominate the domestic history of postwar America—the emergence of the Sunbelt and the expansion of federal power over the nation’s economic and social life. A forcefully argued work, From Cotton Belt to Sunbelt, originally published in 1991(Oxford University Press), will be an important guide to students and scholars of federal policy and modern Southern history.
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From Cotton Mill to Business Empire
The Emergence of Regional Enterprises in Modern China
Elisabeth Köll
Harvard University Press, 2003

The demise of state-owned enterprises, the transformation of collectives into shareholding cooperatives, and the creation of investment opportunities through stock markets indicate China's movement from a socialist, state-controlled economy toward a socialist market economy. Yet, contrary to high expectations that China's new enterprises will become like corporations in capitalist countries, management often remains under the control of the onetime bureaucrats who ran the socialist enterprises.

The concepts, definitions, and interpretations of property rights, corporate structures, and business practices in contemporary China have historical, institutional, and cultural roots. In tracing the development under founder Zhang Jian (1853-1926) and his successors of the Dasheng Cotton Mill in Nantong into a business group encompassing, among other concerns, cotton, flour, and oil mills, land development companies, and shipping firms, the author documents the growth of regional enterprises as local business empires from the 1890s until the foundation of the People's Republic in 1949. She focuses on the legal and managerial evolution of limited-liability firms in China, particularly issues of control and accountability; the introduction and management of industrial work in the countryside; and the integration and interdependency of local, national, and international markets in Republican China.

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From Fear to Fraternity
A Russian Tale of Crime, Economy and Modernity
Patricia Rawlinson
Pluto Press, 2010

The end of communism marked the re-emergence of a huge rise in organised crime across Russia and Eastern Europe. High-profile efforts to combat it have met with little success.
 
Patricia Rawlinson argues that burgeoning crime rates result not only from the failures of communism but also from the problems of free market economies.
 
Drawing on interviews with members of the Russian criminal underworld, the business community, journalists and the militia, she argues that organised crime provides us with a barometer of economic well-being, not just for Russia but for any market economy.

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From Household to Empire
Society and Economy in Early Colonial New Mexico
Heather B. Trigg
University of Arizona Press, 2005
Published in cooperation with the
William P. Clements Center for Southwest Studies, Southern Methodist University

Settlers at Santa Fe and outlying homesteads during the seventeenth century established a thriving economy that saw the exchange of commodities produced by indigenous peoples, settlers, and Franciscan friars for goods manufactured as far away as China, France, and Turkey. This early Spanish colonial period in New Mexico provides an opportunity to explore both economic activity within a colony and the relations between colony and homeland. By examining the material remains of this era from 1598 to 1680, Heather Trigg reveals a more complete picture of colonial life. Drawing on both archaeological and historical sources, Trigg analyzes the various levels of economic activity that developed: production of items in colonial households, exchanges between households, and trade between the colony and Mexico. Rather than focusing only on the flow of products and services, she also explores the social mechanisms that likely had a significant impact on the economic life of the colony. Because economic activity was important to so many aspects of daily life, she is able to show how and why colonial society worked the way it did. While focusing on the colonists, she also explores their relations with Pueblo peoples. Through her analysis of these two pools of data, Trigg generates insights not usually gleaned from the limited texts of the period, providing information about average colonists in addition to the governors and clergy usually covered in historical accounts. By using specific examples from historical documents and archaeological materials, she shows that colonists from all levels of society modified both formal and informal rules of economic behavior to better fit the reality of the colonial frontier. With its valuable comparative data on colonization, From Household to Empire provides a novel way of examining colonial economies by focusing on the maintenance and modification of social values. For all readers fascinated by the history of the Southwest, this book provides a fuller picture of life in early New Mexico than has previously been seen.
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From Improvement to City Planning
Spatial Management in Cincinnati from the Early Republic through the Civil War Decade
Henry C. Binford
Temple University Press, 2021

From Improvement to City Planning emphasizes the ways people in nineteenth-century America managed urban growth. Historian Henry Binford shows how efforts to improve space were entwined with the evolution of urban governance (i.e., regulation)—and also influenced by a small group of advantaged families.

Binford looks specifically at Cincinnati, Ohio, then the largest and most important interior city west of the Appalachian Mountains. He shows that it was not just industrialization, but also beliefs about morality, race, health, poverty, and “slum” environments, that demanded an improvement of urban space. As such, movements for public parks and large-scale sanitary engineering in the 1840s and ’50s initiated the beginning of modern city planning. However, there were limitations and consequences to these efforts..

Many Americans believed that remaking city environments could also remake citizens. From Improvement to City Planning examines how the experiences of city living in the early republic prompted city dwellers to think about and shape urban space.

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From Miracle to Maturity
The Growth of the Korean Economy
Barry Eichengreen, Dwight H. Perkins, and Kwanho Shin
Harvard University Press, 2012

The economic growth of South Korea has been a remarkable success story. After the Korean War, the country was one of the poorest economies on the planet; by the twenty-first century, it had become a middle-income country, a member of the Organization of Economic Cooperation and Development (the club of advanced economies), and home to some of the world’s leading industrial corporations. And yet, many Koreans are less than satisfied with their country’s economic performance, given the continuing financial volatility and sluggish growth since the Korean economic crisis of 1997–1998.

From Miracle to Maturity offers a comprehensive qualitative and quantitative analysis of the growth of the Korean economy, starting with the aggregate sources of growth (growth of the labor force, the stock of capital, and productivity) and then delving deeper into the roles played by structural change, exports, foreign investment, and financial development. The authors provide a detailed examination of the question of whether the Korean economy is now underperforming and ask, if so, what can be done to solve the problem.

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From Old Regime to Industrial State
A History of German Industrialization from the Eighteenth Century to World War I
Richard H. Tilly and Michael Kopsidis
University of Chicago Press, 2020
In From Old Regime to Industrial State, Richard H. Tilly and Michael Kopsidis question established thinking about Germany’s industrialization. While some hold that Germany experienced a sudden breakthrough to industrialization, the authors instead consider a long view, incorporating market demand, agricultural advances, and regional variations in industrial innovativeness, customs, and governance.  They begin their assessment earlier than previous studies to show how the 18th-century emergence of international trade and the accumulation of capital by merchants fed commercial expansion and innovation. This book provides the history behind the modern German economic juggernaut.
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From Puerto Rico To Philadelphia
Puerto Rican Workers and Postwar Economies
Carmen Whalen
Temple University Press, 2001
"We were poor but we had everything we needed," reminisces Dona Epifania. Nonetheless, when a man she knew told her about a job in Philadelphia, she grasped the opportunity to leave Coamas. "He went to Puerto Rico and told me there were beans to cook. I came here and cooked for fourteen workers." In San Lorenzo, Dona Carmen and her husband made the same decision: "We didn't want to, nobody wanted to leave....There wasn't any alternative." Don Florencio recalls that in Salinas work had gotten scarce, "especially for the youth, the young men....The farmworker that was used to cutting cane, already the sugar cane was disappearing," and government licensing regulations made fishing "more difficult for the poor."

Puerto Rican migration to the mainland following World War II took place for a range of reasons -- globalization of the economy, the colonial relationship between the United States and Puerto Rico, state policies, changes in regional and  local economies, social networks, and, not least, the decisions made by individual immigrants. In this wide-ranging book, Carmen Whalen weaves them all into a tapestry of Puerto Rican immigration to Philadelphia.

Like African Americans and Mexicans, Puerto Ricans were recruited for low-wage jobs, only to confront racial discrimination as well as economic restructuring. As Whalen shows, they were part of that wave of newcomers who came from areas in the Caribbean, Latin America, and Asia characterized by  a heavy U.S. military and economic presence, especially export processing zones looking for a new life in depressed urban environments already populated by earlier labor migrants. But Puerto Rican in-migration was also unique, especially in its regional and gender dimensions. Many migrants came as part of contract labor programs shaped by competing agendas.

By the 1990s, economic conditions, government policies, and racial ideologies had transformed Puerto Rican labor migrants into what has been called "the other underclass." The author analyzes this continuation of "culture and poverty" interpretations and contrasts it with the efforts of Philadelphia's Puerto Ricans to recreate their communities and deal with the impact of  economic restructuring and residential segregation in the City of Brotherly Love.
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From Reform to Revolution
The Demise of Communism in China and the Soviet Union
Minxin Pei
Harvard University Press, 1994
The demise of communism in the former Soviet Union and the massive political and economic changes in China are the stunning transformations of our century. Two central questions are emerging: Why did different communist systems experience different patterns of transition? Why did partial reforms in the Soviet Union and China turn into revolutions?
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From Steel to Slots
Casino Capitalism in the Postindustrial City
Chloe E. Taft
Harvard University Press, 2016

Bethlehem, Pennsylvania, was once synonymous with steel. But after the factories closed, the city bet its future on a new industry: casino gambling. On the site of the former Bethlehem Steel plant, thousands of flashing slot machines and digital bells replaced the fires in the blast furnaces and the shift change whistles of the industrial workplace. From Steel to Slots tells the story of a city struggling to make sense of the ways in which local jobs, landscapes, and identities are transformed by global capitalism.

Postindustrial redevelopment often makes a clean break with a city’s rusted past. In Bethlehem, where the new casino is industrial-themed, the city’s heritage continues to dominate the built environment and infuse everyday experiences. Through the voices of steelworkers, casino dealers, preservationists, immigrants, and executives, Chloe Taft examines the ongoing legacies of corporate presence and urban development in a small city—and their uneven effects.

Today, multinational casino corporations increasingly act as urban planners, promising jobs and new tax revenues to ailing communities. Yet in an industry premised on risk and capital liquidity, short-term gains do not necessarily mean long-term commitments to local needs. While residents often have few cards to play in the face of global capital and private development, Taft argues that the shape economic progress takes is not inevitable, nor must it always look forward. Memories of corporations’ accountability to communities persist, and citizens see alternatives for more equitable futures in the layered landscapes all around them.

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From the Steel City to the White City
Western Pennsylvania and the World's Columbian Exposition
Zachary L. Brodt
University of Pittsburgh Press, 2024
How Pittsburgh Positioned Itself as a Center of Culture and Innovation at the Turn of the Century 

In From the Steel City to the White City, Zachary Brodt explores Western Pennsylvania’s representation at Chicago’s Columbian Exposition, the first major step in demonstrating that Pittsburgh was more than simply America’s crucible—it was also a region of developing culture and innovation. The 1893 Columbian Exposition presented a chance for the United States to prove to the world that it was an industrial giant ready to become a global superpower. At the same time, Pittsburgh, a commercial center that formerly served as a starting point for western expansion, found itself serving as a major transportation, and increasingly industrial, hub during this period of extensive growth. Natural resources like petroleum and coal allowed Western Pennsylvania to become one of the largest iron- and steel-producing regions in the world. The Chicago fairgrounds provided a lucrative opportunity for area companies not only to provide construction materials but to display the region’s many products. While Pittsburgh’s most famous contributions to the 1893 World’s Fair—alternating current electricity and the Ferris wheel—had a lasting impact on the United States and the world, other exhibits provided a snapshot of the area’s industries, natural resources, and inventions. The success of these exhibits, Brodt reveals, launched local companies into the twentieth century, ensuring a steady flow of work, money, and prestige
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The Frontier in Alaska and the Matanuska Colony
Orlando W. Miller
University of Alaska Press, 2008

During the Great Depression, Franklin D. Roosevelt gave more than two hundred families from some of the poorest areas in Minnesota, Wisconsin, and Michigan the opportunity to start their farms anew in the undeveloped land of Matanuska in Alaska. These transplanted midwesterners soon found themselves in a startling new climate and landscape that presented many unexpected challenges. Available for the first time in paperback, The Frontier in Alaska and the Matanuska Colony examines several case studies of these original families, dispelling many frontier myths and describing the reality of pioneering in Alaska. Despite the many impediments, Orlando W. Miller argues, much of the current agricultural success in Matanuska can be directly credited to the innovative farmers who settled there in the 1930s.

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Frontiers in the Economics of Aging
Edited by David A. Wise
University of Chicago Press, 1998
As America's population ages, economic research related to the elderly becomes increasingly important to public policy.

Frontiers in the Economics in Aging directs attention to four topics: the role of retirement accounts, such as IRAs and 401(k)s in personal saving; the economics of health care; new advances in research methodology; and aging in relation to inequality. Some of the issues analyzed within these topics are the implications of rising personal retirement saving in recent years, how health and health insurance affect labor supply, and the effects of pensions on the distribution of wealth.

David Wise's lucid introduction provides an overview of each paper. In addition to this book's appeal for specialists and microeconomists, it offers immediately practical ideas and methods for shaping public policy. In fact, one of the papers in this volume, "The Taxation of Pensions: A Shelter Can Become a Trap," helped to spur new legislation that reformed laws on pension distribution.



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A Full-Value Ruble
The Promise of Prosperity in the Postwar Soviet Union
Kristy Ironside
Harvard University Press, 2021

A new history shows that, despite Marxism’s rejection of money, the ruble was critical to the Soviet Union’s promise of shared prosperity for its citizens.

In spite of Karl Marx’s proclamation that money would become obsolete under Communism, the ruble remained a key feature of Soviet life. In fact, although Western economists typically concluded that money ultimately played a limited role in the Soviet Union, Kristy Ironside argues that money was both more important and more powerful than most histories have recognized. After the Second World War, money was resurrected as an essential tool of Soviet governance. Certainly, its importance was not lost on Soviet leaders, despite official Communist Party dogma. Money, Ironside demonstrates, mediated the relationship between the Soviet state and its citizens and was at the center of both the government’s and the people’s visions for the maturing Communist project. A strong ruble—one that held real value in workers’ hands and served as an effective labor incentive—was seen as essential to the economic growth that would rebuild society and realize Communism’s promised future of abundance.

Ironside shows how Soviet citizens turned to the state to remedy the damage that the ravages of the Second World War had inflicted upon their household economies. From the late 1940s through the early 1960s, progress toward Communism was increasingly measured by the health of its citizens’ personal finances, such as greater purchasing power, higher wages, better pensions, and growing savings. However, the increasing importance of money in Soviet life did not necessarily correlate to improved living standards for Soviet citizens. The Soviet government’s achievements in “raising the people’s material welfare” continued to lag behind the West’s advances during a period of unprecedented affluence. These factors combined to undermine popular support for Soviet power and confidence in the Communist project.

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Further To Fly
Black Women and the Politics of Empowerment
Sheila Radford-Hill
University of Minnesota Press, 2000


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