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Aboriginal Resource Use in Canada
Historical and Legal Aspects
Kerry Abel
University of Manitoba Press, 1991

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The Academy of Fisticuffs
Political Economy and Commercial Society in Enlightenment Italy
Sophus A. Reinert
Harvard University Press, 2018

The terms “capitalism” and “socialism” continue to haunt our political and economic imaginations, but we rarely consider their interconnected early history. Even the eighteenth century had its “socialists,” but unlike those of the nineteenth, they paradoxically sought to make the world safe for “capitalists.” The word “socialists” was first used in Northern Italy as a term of contempt for the political economists and legal reformers Pietro Verri and Cesare Beccaria, author of the epochal On Crimes and Punishments. Yet the views and concerns of these first socialists, developed inside a pugnacious intellectual coterie dubbed the Academy of Fisticuffs, differ dramatically from those of the socialists that followed.

Sophus Reinert turns to Milan in the late 1700s to recover the Academy’s ideas and the policies they informed. At the core of their preoccupations lay the often lethal tension among states, markets, and human welfare in an era when the three were becoming increasingly intertwined. What distinguished these thinkers was their articulation of a secular basis for social organization, rooted in commerce, and their insistence that political economy trumped theology as the underpinning for peace and prosperity within and among nations.

Reinert argues that the Italian Enlightenment, no less than the Scottish, was central to the emergence of political economy and the project of creating market societies. By reconstructing ideas in their historical contexts, he addresses motivations and contingencies at the very foundations of modernity.

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Across The Pacific
Asian Americans and Globalization
Evelyn Hu-Dehart, E
Temple University Press, 2000
If Asian Americans are to assume the role of bridge builders across the Pacific, what are the opportunities, the risks, the promises, and the perils? The answer to this question comes in eight groundbreaking essays in which contributors to Across the Pacific address issues of contemporary growth and diversification of Asian America in relation to the increasingly globalized economy. New meanings and  practices of Asian Americans are considered in the atmosphere of global transformation that is present in the post-Civil Rights, post-Cold War, postmodern, and postcolonial era. This book explores, in descriptive and critical ways, how transnational relationships and interactions in Asian American communities are manifested, exemplified, and articulated within the international context of the Pacific Rim.

Members of the Asian American community have always been trans-Pacific, but are now more than ever, since the 1965 change in U.S. immigration law. Entering the U.S. at the culmination of the Civil Rights movement, Asians becoming Asian Americans have joined a self-consciously multicultural society. Asian economies roared onto the world stage, creating new markets while circulating capital and labor at an unprecedented scale and intensity, thereby helping drive the forces of modern globalization. These essays by well-known scholars in the field of Asian American studies consider such topics as the impact of new migrations on Asian American subjectivity and politics, Asian American activism and U.S. foreign policy, and the role of Asian Americans in Pacific Rim economies.

Considering issues of diaspora, transmigrancy, assimilation, institutionalized racism, and community, Across the Pacific covers such cutting-edge subjects as the cultural expressions of dislocation among contemporary Asian American writers, as well as the impact of the new migrations on Asian American subjectivity and politics.
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Advances in the Economics of Aging
Edited by David A. Wise
University of Chicago Press, 1996
This volume presents innovative research on issues of importance to the well-being of older persons: labor market behavior, health care, housing and living arrangements, and saving and wealth.

Specific topics include the effect of labor market rigidities on the employment of older workers; the effect on retirement of the availability of continuation coverage benefits; and the influence of the prospective payment system (PPS) on rising Medicare costs. Also considered are the effects of health and wealth on living arrangement decisions; the incentive effects of employer-provided pension plans; the degree of substitution between 401(k) plans and other employer-provided retirement saving arrangements; and the extent to which housing wealth determines how much the elderly save and consume.

Two final studies use simulations that describe the implications of stylized economic models of behavior among the elderly. This timely volume will be of interest to anyone concerned with the economics of aging.
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Affairs of State
Public Life in Late Nineteenth-Century America
Morton Keller
Harvard University Press, 1977

This first modern history of American public life after the Civil War is a work of magisterial sweep and sophisticated insight. It will be the standard work on the era for many years to come.

Integrating political, legal, and administrative history on a scale not previously attempted, Morton Keller examines crosscurrents in American institutions during a key transitional period in American history—a period that began with the end of a bloody civil war and ended with the beginning of massive industrialization. At the same time, he vividly captures the energy and optimism of a young country about to burst into the twentieth century.

Keller begins by reviewing the twin legacies of the Civil War: a strengthened belief in an active national government and a vigorous drive toward civil equality. He moves on to the postwar years when centralizing and reformist tendencies were evident everywhere, not only in the Reconstructed South but also in a renewed North. After the 1880s, however, the pendulum began to swing back, and Americans faced the social and economic upheavals of the last decades of the nineteenth century with deeply divided views—an uncertainty that persists in our own day.

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African Miracle, African Mirage
Transnational Politics and the Paradox of Modernization in Ivory Coast
Abou B. Bamba
Ohio University Press, 2016

Throughout the 1960s and 1970s, Ivory Coast was touted as an African miracle, a poster child for modernization and the ways that Western aid and multinational corporations would develop the continent. At the same time, Marxist scholars—most notably Samir Amin—described the capitalist activity in Ivory Coast as empty, unsustainable, and incapable of bringing real change to the lives of ordinary people. To some extent, Amin’s criticisms were validated when, in the 1980s, the Ivorian economy collapsed.

In African Miracle, African Mirage, Abou B. Bamba incorporates economics, political science, and history to craft a bold, transnational study of the development practices and intersecting colonial cultures that continue to shape Ivory Coast today. He considers French, American, and Ivorian development discourses in examining the roles of hydroelectric projects and the sugar, coffee, and cocoa industries in the country’s boom and bust. In so doing, he brings the agency of Ivorians themselves to the fore in a way not often seen in histories of development. Ultimately, he concludes that the “maldevelopment” evident by the mid-1970s had less to do with the Ivory Coast’s “insufficiently modern” citizens than with the conflicting missions of French and American interests within the context of an ever-globalizing world.

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African Successes, Volume I
Government and Institutions
Edited by Sebastian Edwards, Simon Johnson, and David N. Weil
University of Chicago Press, 2016
Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level.
           
The first volume in the series, African Successes: Governments and Institutions considers the role governments and institutions have played in recent developments and identifies the factors that enable economists to predict the way institutions will function.
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African Successes, Volume II
Human Capital
Edited by Sebastian Edwards, Simon Johnson, and David N. Weil
University of Chicago Press, 2016
Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level.
           
The second volume in the series, African Successes: Human Capital turns the focus toward Africa’s human capital deficit, measured in terms of health and schooling. It offers a close look at the continent’s biggest challenges, including tropical disease and the spread of HIV.
         
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African Successes, Volume III
Modernization and Development
Edited by Sebastian Edwards, Simon Johnson, and David N. Weil
University of Chicago Press, 2016
Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level.
           
The third volume in the series, African Successes: Modernization and Development looks at the rise in private production in spite of difficult institutional and physical environments. The volume emphasizes the ways that technologies, including mobile phones, have made growth in some areas especially dynamic.
       
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African Successes, Volume IV
Sustainable Growth
Edited by Sebastian Edwards, Simon Johnson, and David N. Weil
University of Chicago Press, 2016
Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level.
           
The fourth volume in the series, African Successes: Sustainable Growth combines informative case studies with careful empirical analysis to consider the prospects for future African growth.
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Africa's Last Colonial Currency
The CFA Franc Story
Fanny Pigeaud
Pluto Press, 2021
Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and economic imperialism. The CFA Franc was created in 1945, binding fourteen African states and split into two monetary zones. Why did French colonial authorities create it and how does it work? Why was independence not extended to monetary sovereignty for former French colonies? Through an exploration of the genesis of the currency and an examination of how the economic system works, the authors seek to answer these questions and more. As protests against the colonial currency grow, the need for myth-busting on the CFA Franc is vital and this exposé of colonial infrastructure proves that decolonization is unfinished business.
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After Coal
Stories of Survival in Appalachia and Wales
Tom Hansell
West Virginia University Press, 2018

What happens when fossil fuels run out? How do communities and cultures survive?

Central Appalachia and south Wales were built to extract coal, and faced with coal’s decline, both regions have experienced economic depression, labor unrest, and out-migration. After Coal focuses on coalfield residents who chose not to leave, but instead remained in their communities and worked to build a diverse and sustainable economy. It tells the story of four decades of exchange between two mining communities on opposite sides of the Atlantic, and profiles individuals and organizations that are undertaking the critical work of regeneration.

The stories in this book are told through interviews and photographs collected during the making of After Coal, a documentary film produced by the Center for Appalachian Studies at Appalachian State University and directed by Tom Hansell. Considering resonances between Appalachia and Wales in the realms of labor, environment, and movements for social justice, the book approaches the transition from coal as an opportunity for marginalized people around the world to work toward safer and more egalitarian futures.

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After The Boom In Tombstone And Jerome, Arizona
Decline In Western Resource Towns
Eric L. Clements
University of Nevada Press, 2014
Focusing on two Arizona towns that had their origins in mining bonanzas—Tombstone and Jerome—historian Eric L. Clements offers a rare study dissecting the process of bust itself—the reasons and manners in which these towns declined as the mining booms ended. Tombstone was the site of one of the great silver bonanzas of the nineteenth century, a boom that started in the late 1870s and was over by 1890. Jerome’s copper deposits were mined for much longer, beginning in the 1880s and enduring until the 1930s. But when the mining booms ended, each town faced its decline in similar ways. The process of decline was more complex than superficial histories have indicated, and Clements discusses the role of labor unions in trying to stave off collapse, the changing demography of decline, the nature and expression of social tensions, the impact on institutions such as churches and schools, and the human responses to continued economic depression. But bust involved more than a steady decline into ghost-town status, Clements discovers: the towns' remaining residents employed numerous strategies to survive and reduce household expenses. In the end, both towns reinvented themselves as late-twentieth-century tourist attractions.
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Age of Concrete
Housing and the Shape of Aspiration in the Capital of Mozambique
David Morton
Ohio University Press, 2019

Age of Concrete is a history of the making of houses and homes in the subúrbios of Maputo (Lourenço Marques), Mozambique, from the late 1940s to the present. Often dismissed as undifferentiated, ahistorical “slums,” these neighborhoods are in fact an open-air archive that reveals some of people’s highest aspirations. At first people built in reeds. Then they built in wood and zinc panels. And finally, even when it was illegal, they risked building in concrete block, making permanent homes in a place where their presence was often excruciatingly precarious.

Unlike many histories of the built environment in African cities, Age of Concrete focuses on ordinary homebuilders and dwellers. David Morton thus models a different way of thinking about urban politics during the era of decolonization, when one of the central dramas was the construction of the urban stage itself. It shaped how people related not only to each other but also to the colonial state and later to the independent state as it stumbled into being.

Original, deeply researched, and beautifully composed, this book speaks in innovative ways to scholarship on urban history, colonialism and decolonization, and the postcolonial state. Replete with rare photographs and other materials from private collections, Age of Concrete establishes Morton as one of a handful of scholars breaking new ground on how we understand Africa’s cities.

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Age of Fracture
Daniel T. Rodgers
Harvard University Press, 2011

In the last quarter of the twentieth century, the ideas that most Americans lived by started to fragment. Mid-century concepts of national consensus, managed markets, gender and racial identities, citizen obligation, and historical memory became more fluid. Flexible markets pushed aside Keynesian macroeconomic structures. Racial and gender solidarity divided into multiple identities; community responsibility shrank to smaller circles. In this wide-ranging narrative, Daniel T. Rodgers shows how the collective purposes and meanings that had framed social debate became unhinged and uncertain.

Age of Fracture offers a powerful reinterpretation of the ways in which the decades surrounding the 1980s changed America. Through a contagion of visions and metaphors, on both the intellectual right and the intellectual left, earlier notions of history and society that stressed solidity, collective institutions, and social circumstances gave way to a more individualized human nature that emphasized choice, agency, performance, and desire. On a broad canvas that includes Michel Foucault, Ronald Reagan, Judith Butler, Charles Murray, Jeffrey Sachs, and many more, Rodgers explains how structures of power came to seem less important than market choice and fluid selves.

Cutting across the social and political arenas of late-twentieth-century life and thought, from economic theory and the culture wars to disputes over poverty, color-blindness, and sisterhood, Rodgers reveals how our categories of social reality have been fractured and destabilized. As we survey the intellectual wreckage of this war of ideas, we better understand the emergence of our present age of uncertainty.

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Aging in the United States and Japan
Economic Trends
Edited by Yukio Noguchi and David A. Wise
University of Chicago Press, 1994
Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries.
With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries and that, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases.

The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.
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Aging Issues in the United States and Japan
Edited by Seiritsu Ogura, Toshiaki Tachibanaki, and David A. Wise
University of Chicago Press, 2001
The population base in both the United States and Japan is growing older and, as those populations age, they provoke heretofore unexamined economic consequences. This cutting-edge, comparative volume, the third in the joint series offered by the National Bureau of Economic Research and the Japan Center for Economic Research, explores those consequences, drawing specific attention to four key areas: incentives for early retirement; savings, wealth, and asset allocation over the life cycle; health care and health care reform; and population projections.

Given the undeniable global importance of the Japanese and U.S. economies, these innovative essays shed welcome new light on the complex correlations between aging and economic behavior. This insightful work not only deepens our understanding of the Japanese and American economic landscapes but, through careful examination of the comparative social and economic data, clarifies the complex relation between aging societies, public policies, and economic outcomes.


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Aid to Africa
So Much To Do, So Little Done
Carol Lancaster
University of Chicago Press, 1999
Why, despite decades of high levels of foreign aid, has development been so disappointing in most of Sub-Saharan Africa, leading to rising numbers of poor and fueling political instabilities? While not ignoring the culpability of Africans in these problems, Carol Lancaster finds that much of the responsibility is in the hands of the governments and international aid agencies that provide assistance to the region. The first examination of its kind, Aid to Africa investigates the impact of bureaucratic politics, special interest groups, and public opinion in aid-giving countries and agencies. She finds that aid agencies in Africa often misdiagnosed problems, had difficulty designing appropriate programs that addressed the local political environment, and failed to coordinate their efforts effectively.

This balanced but tough-minded analysis does not reject the potential usefulness of foreign aid but does offer recommendations for fundamental changes in how governments and multilateral aid agencies can operate more effectively.

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AlabamaNorth
African-American Migrants, Community, and Working-Class Activism in Cleveland, 1915-45
Kimberley L. Phillips
University of Illinois Press, 1999

Langston Hughes called it "a great dark tide from the South": the unprecedented influx of blacks into Cleveland that gave the city the nickname "Alabama North." Kimberley L. Phillips reveals the breadth of working class black experiences and activities in Cleveland and the extent to which these were shaped by traditions and values brought from the South. 

Migrants' moves north established complex networks of kin and friends and infused Cleveland with a highly visible southern African American culture. Phillips examines the variety of black fraternal, benevolent, social, and church-based organizations that working class migrants created and demonstrates how these groups prepared the way for new forms of individual and collective activism in workplaces and the city. Giving special consideration to the experiences of working class black women, AlabamaNorth reveals how migrants' expressions of tradition and community gave them a new consciousness of themselves as organized workers and created the underpinning for new forms of black labor activism.

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Alaska at 50
The Past, Present, and Future of Alaska Statehood
Edited by Gregory W. Kimura
University of Alaska Press, 2009

In 2009 Alaska celebrates its fiftieth anniversary of U.S. statehood. To commemorate that milestone, Alaska at 50 brings together some of today’s most noteworthy and recognizable writers and researchers to address the past, present, and future of Alaska. Divided into three overarching sections—art, culture, and humanities; law, economy, and politics; and environment, people, and place—Alaska at 50 is written in highly accessible prose. Illustrations and photographs of significant artefacts of Alaska history enliven the text. Each contributor brings a strong voice and prescription for the next fifty years, and the resulting work presents Alaskans and the nation with an overview of Alaska statehood and ideas for future development.

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Alt-Finance
How the City of London Bought Democracy
Marlène Benquet
Pluto Press, 2022

Powerful financial forces have supported the neoliberal project since the 1980s to advance their interests, but there are now signs that these forces have a new face and a new strategy.

The majority of the British finance sector threw its support behind Britain leaving the European Union, a flagship institution of neoliberalism. Beyond this counterintuitive move, what was really happening and why? Alt-Finance examines a new authoritarian turn in financialised democracies, focusing on the City of London, revealing a dangerous alternative political project in the making.

In a clash with traditional finance, the new behemoths of financial capital - hedge funds, private equity firms, and real estate funds - have started to cohere around a set of political beliefs, promoting libertarian, authoritarian, climate-denying, and Eurosceptic views. Protecting investments, suppressing social dissent, and reducing state interference is at the core of their mission for a new world order.

By following the money, the authors provide indisputable evidence of these worrying developments. Through a clear analysis of the international dealings of this new authoritarian-libertarian regime, not just in Britain but in the US and Brazil, we can understand how our world is being shaped against our will by struggles between dominant groups.

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Amazon Sweet Sea
Land, Life, and Water at the River's Mouth
By Nigel J. H. Smith
University of Texas Press, 2002

Far into the Atlantic Ocean, the outflow from the Amazon River creates a "sweet sea" of fresh water. At the river's mouth, a vast delta of river channels and marshes, floodplain and upland forests, open and scrub savannas, floating meadows, and mangrove swamps hosts an astonishingly diverse assemblage of plant and animal life. So rich is this biological treasure house that early European explorers deemed it inexhaustible.

In this highly readable book, Nigel Smith explores how human use of the Amazon estuary's natural resources has been affected by technological change, rapid urban growth, and accelerated market integration. Avoiding alarmist rhetoric, he shows how human intervention in the estuary has actually diversified agriculture and helped save floodplain forests from wanton destruction. His findings underscore the importance of understanding the history of land use and the ecological knowledge of local people when formulating development and conservation policies. The book will be of interest to everyone concerned with the fate of tropical forests, conserving biodiversity, and developing natural resources in a sustainable manner.

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Ambivalent Journey
U.S. Migration and Economic Mobility in North-Central Mexico
Richard C. Jones
University of Arizona Press, 1995
The changing political and economic relationships between Mexico and the United States, and the concurrent U.S. debate over immigration policy and practice, demand new data on migration and its economic effects. In this innovative study, Richard C. Jones analyzes migration patterns from two subregions of north-central Mexico, Coahuila and Zacatecas, to the United States. He analyzes and contrasts the characteristics of the two migrant populations and interprets the economic impacts of migration upon both home of migration upon both home areas. Jones's findings refute some common assumptions about Mexican migration while providing a strong model for further research.

Jones's study focuses on the ways in which U.S. migration affects the lives of families in these two subregions. Migrants from Zacatecas have traditionally come from rural areas and have gone to California and Illinois. Migrants from Coahuila, on the other hand, usually come from urban areas and have almost exclusively preferred locations in nearby Texas. The different motivations of both groups for migrating, and the different economic and social effects upon their home areas realized by migrating, form the core of this book. The comparison also lends the book its uniqueness, since no other study has made such an in-depth comparison of two areas.

Jones addresses the basic dichotomy of structuralists (who maintain that dependency and disinvestment are the rule for families and communities in sending areas) and functionalists (who believe that autonomy and reinvestment are the case of migrants and their families in home regions). Jones finds that much of the primary literature is based on uneven and largely outdated data that leans heavily on two sending states, Jalisco and Michoacan. His fresh analysis shows that communities and regions of Mexico, rather than families only, account for differing migration patterns and differing social and economic results of these patterns.

Jones's study will be of value not only to scholars and practitioners working in the field of Mexican migration, but also, for its innovative methodology, to anthropologists, sociologists, political scientists, and historians whose interests include human migration patterns in any part of the world
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American Business in the Twentieth Century
Revision of The American Business System, issued in 1957, Second edition
Thomas C. Cochran
Harvard University Press, 1972

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An American Dilemma Revisited
Race Relations in a Changing World
Obie, Jr. Clayton
Russell Sage Foundation, 1996
"This book must be regarded as a greatly important contribution to race relations literature. It is invaluable for the manner in which authors combine the lessons of history with insightful analyses of empirical data to demonstrate patterns of change over the past fifty years in the status of African Americans... Provocative and stimulating reading." —James E. Blackwell, University of Massachusetts, Boston "Presents a wide-ranging reanalysis of the seminal work done by Gunnar Myrdal in 1944, examining virtually every issue that Myrdal noted as relevant to the American race question. In so doing, Clayton and his contributors have brought the matter up to date and shown how the American dilemma continues into the twenty-first century." —Stanford M. Lyman, Florida Atlantic University Fifty years after the publication of An American Dilemma, Gunnar Myrdal's epochal study of racism and black disadvantage, An American Dilemma Revisited again confronts the pivotal issue of race in American society and explores how the status of African Americans has changed over the past half century. African Americans have made critical strides since Myrdal's time. Yet despite significant advances, strong economic and social barriers persist, and in many ways the plight of African Americans remains as acute now as it was then. Using Myrdal as a benchmark, each essay analyzes historical developments, examines current conditions, and investigates strategies for positive change within the core arenas of modern society—political, economic, educational, and judicial. The central question posed by this volume is whether the presence of a disproportionately African American underclass has become a permanent American phenomenon. Several contributors tie the unevenness of black economic mobility to educational limitations, social isolation, and changing workplace demands. The evolution of a more suburban, service-dominated economy that places a premium on advanced academic training has severely constrained the employment prospects of many urban African Americans with limited education. An American Dilemma Revisited argues that there is hope to be found both in black educational institutions, which account for the largest proportion of advanced educational degrees among African Americans, and in the promotion of black community enterprises. An American Dilemma Revisited asks why the election of many African American leaders has failed to translate into genuine political power or effective policy support for black issues. The rise in membership in Pentecostal and Islamic denonimations suggests that many blacks, frustrated with the political detachment of more traditional churches, continue to pursue more socially concerned activism at a local level. Three essays trace social disaffection among blacks to a legacy of police and judicial discrimination. Mistrust of the police persists, particularly in cities, and black offenders continue to experience harsher treatment at all stages of the trial process. As Myrdal's book did fifty years ago, An American Dilemma Revisited offers an insightful look at the continuing effects of racial inequality and discrimination in American society and examines different means for removing the specter of racism in the United States.
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The American Dream in the 21st Century
Edited by Sandra Hanson and John White
Temple University Press, 2011

The American Dream has long been a dominant theme in U.S. culture, one with enduring significance, but these are difficult times for dreamers. The editors of and contributors to The American Dream in the 21st Century examine the American Dream historically, socially, and economically and consider its intersection with politics, religion, race, gender, and generation.

The conclusions presented in this short, readable volume provide both optimism for the faith that most Americans have in the possibility of achieving the American Dream and a realistic assessment of the cracks in the dream. The last presidential election offered hope, but the experts here warn about the need for better programs and policies that could make the dream a reality for a larger number of Americans.

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The American Dream Is Not Dead
(But Populism Could Kill It)
Michael R. Strain
Templeton Press, 2020

Populists on both sides of the political aisle routinely announce that the American Dream is dead. According to them, the game has been rigged by elites, workers can’t get ahead, wages have been stagnant for decades, and the middle class is dying. 

Michael R. Strain, director of economic policy studies at the American Enterprise Institute, disputes this rhetoric as wrong and dangerous. In this succinctly argued volume, he shows that, on measures of economic opportunity and quality of life, there has never been a better time to be alive in America. He backs his argument with overwhelming—and underreported—data to show how the facts favor realistic optimism.

He warns, however, that the false prophets of populism pose a serious danger to our current and future prosperity. Their policies would leave workers worse off. And their erroneous claim that the American Dream is dead could discourage people from taking advantage of real opportunities to better their lives. If enough people start to believe the Dream is dead, they could, in effect, kill it. To prevent this self-fulfilling prophecy, Strain’s book is urgent reading for anyone feeling the pull of the populists. 

E. J. Dionne and Henry Olsen provide spirited responses to Strain’s argument.

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American Economic Growth and Standards of Living before the Civil War
Edited by Robert E. Gallman and John Joseph Wallis
University of Chicago Press, 1992
This benchmark volume addresses the debate over the effects of early industrialization on standards of living during the decades before the Civil War. Its contributors demonstrate that the aggregate antebellum economy was growing faster than any other large economy had grown before.

Despite the dramatic economic growth and rise in income levels, questions remain as to the general quality of life during this era. Was the improvement in income widely shared? How did economic growth affect the nature of work? Did higher levels of income lead to improved health and longevity? The authors address these questions by analyzing new estimates of labor force participation, real wages, and productivity, as well as of the distribution of income, height, and nutrition.
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The American Economy in Transition
Edited by Martin Feldstein
University of Chicago Press, 1980

This unusual volume marks the sixtieth anniversary of the National Bureau of Economic Research. In contrast to the technical and specialized character of most NBER studies, the current book is designed to provide the general reader with a broad and critical overview of the American economy. The result is a volume of essays that range from monetary policy to productivity development, from population change to international trade.

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American Indians and the Market Economy, 1775-1850
Edited by Lance Greene and Mark R. Plane,with a foreword by Timothy K. Perttula
University of Alabama Press, 2011
Provides a clear view of the realities of the economic and social interactions between Native groups and the expanding Euro-American population
 
The last quarter of the 18th century was a period of extensive political, economic, and social change in North America, as the continent-wide struggle between European superpowers waned. Native groups found themselves enmeshed in the market economy and new state forms of control, among other new threats to their cultural survival. Native populations throughout North America actively engaged the expanding marketplace in a variety of economic and social forms. These actions, often driven by and expressed through changes in material culture, were supported by a desire to maintain distinctive ethnic identities.
 
Illustrating the diversity of Native adaptations in an increasingly hostile and marginalized world, this volume is continental in scope—ranging from Connecticut to the Carolinas, and westward through Texas and Colorado. Calling on various theoretical perspectives, the authors provide nuanced perspectives on material culture use as a manipulation of the market economy. A thorough examination of artifacts used by Native Americans, whether of Euro-American or Native origin, this volume provides a clear view of the realities of the economic and social interactions between Native groups and the expanding Euro-American population and the engagement of these Native groups in determining their own fate.
 
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The American Non-Dilemma
Racial Inequality Without Racism
Nancy DiTomaso
Russell Sage Foundation, 2013
The Civil Rights movement of the 1960s seemed to mark a historical turning point in advancing the American dream of equal opportunity for all citizens, regardless of race. Yet 50 years on, racial inequality remains a troubling fact of life in American society and its causes are highly contested. In The American Non-Dilemma, sociologist Nancy DiTomaso convincingly argues that America's enduring racial divide is sustained more by whites' preferential treatment of members of their own social networks than by overt racial discrimination. Drawing on research from sociology, political science, history, and psychology, as well as her own interviews with a cross-section of non-Hispanic whites, DiTomaso provides a comprehensive examination of the persistence of racial inequality in the post-Civil Rights era and how it plays out in today's economic and political context. Taking Gunnar Myrdal's classic work on America's racial divide, The American Dilemma, as her departure point, DiTomaso focuses on "the white side of the race line." To do so, she interviewed a sample of working, middle, and upper-class whites about their life histories, political views, and general outlook on racial inequality in America. While the vast majority of whites profess strong support for civil rights and equal opportunity regardless of race, they continue to pursue their own group-based advantage, especially in the labor market where whites tend to favor other whites in securing jobs protected from market competition. This "opportunity hoarding" leads to substantially improved life outcomes for whites due to their greater access to social resources from family, schools, churches, and other institutions with which they are engaged. DiTomaso also examines how whites understand the persistence of racial inequality in a society where whites are, on average, the advantaged racial group. Most whites see themselves as part of the solution rather than part of the problem with regard to racial inequality. Yet they continue to harbor strong reservations about public policies—such as affirmative action—intended to ameliorate racial inequality. In effect, they accept the principles of civil rights but not the implementation of policies that would bring about greater racial equality. DiTomaso shows that the political engagement of different groups of whites is affected by their views of how civil rights policies impact their ability to provide advantages to family and friends. This tension between civil and labor rights is evident in Republicans' use of anti-civil rights platforms to attract white voters, and in the efforts of Democrats to bridge race and class issues, or civil and labor rights broadly defined. As a result, DiTomaso finds that whites are, at best, uncertain allies in the fight for racial equality. Weaving together research on both race and class, along with the life experiences of DiTomaso's interview subjects, The American Non-Dilemma provides a compelling exploration of how racial inequality is reproduced in today's society, how people come to terms with the issue in their day-to-day experiences, and what these trends may signify in the contemporary political landscape.
[more]

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The American Political Economy
Macroeconomics and Electoral Politics
Douglas A. Hibbs, Jr.
Harvard University Press, 1987

Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Douglas Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups “win” and “lose” from inflations and recessions. He also shows how voters’ perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents.

Hibbs’s analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters’ behavior at the polls. The consequences of Eisenhower’s last recession, of Ford’s unwillingness to stimulate the economy, of Carter’s stalled recovery were electorally fatal, whereas Johnson’s, Nixon’s, and Reagan’s successes in presiding over rising employment and real incomes helped win elections.

The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party’s core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes.

Hibbs’s interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s—a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.

[more]

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American Unemployment
Past, Present, and Future
Frank Stricker
University of Illinois Press, 2020
The history of unemployment and concepts surrounding it remain a mystery to many Americans. Frank Stricker believes we need to understand this essential thread in our shared past. American Unemployment is an introduction for everyone that takes aim at misinformation, willful deceptions, and popular myths to set the record straight:
  • Workers do not normally choose to be unemployed.
  • In our current system, persistent unemployment is not an aberration. It is much more common than full employment, and the outcome of elite policy choices.
  • Labor surpluses propped up by flawed unemployment numbers have helped to keep real wages stagnant for more than forty years.
  • Prior to the New Deal and the era of big government, laissez-faire policies repeatedly led to depressions with heavy, even catastrophic, job losses.
  • Undercounting the unemployed sabotages the creation of government job programs that can lead to more high-paying jobs and full employment.
Written for non-economists, American Unemployment is a history and primer on vital economic topics that also provides a roadmap to better jobs and economic security.
[more]

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American Value
Migrants, Money, and Meaning in El Salvador and the United States
David Pedersen
University of Chicago Press, 2012
Over the past half-century, El Salvador has transformed dramatically. Historically reliant on primary exports like coffee and cotton, the country emerged from a brutal civil war in 1992 to find much of its national income now coming from a massive emigrant workforce—over a quarter of its population—that earns money in the United States and sends it home. In American Value, David Pedersen examines this new way of life as it extends across two places: Intipucá, a Salvadoran town infamous for its remittance wealth, and the Washington, DC, metro area, home to the second largest population of Salvadorans in the United States.
 
Pedersen charts El Salvador’s change alongside American deindustrialization, viewing the Salvadoran migrant work abilities used in new lowwage American service jobs as a kind of primary export, and shows how the latest social conditions linking both countries are part of a longer history of disparity across the Americas. Drawing on the work of Charles S. Peirce, he demonstrates how the defining value forms—migrant work capacity, services, and remittances—act as signs, building a moral world by communicating their exchangeability while hiding the violence and exploitation on which this story rests. Theoretically sophisticated, ethnographically rich, and compellingly written, American Value offers critical insights into practices that are increasingly common throughout the world.
[more]

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American Women in Transition
Suzanne M. Bianchi
Russell Sage Foundation, 1986
This is the first in a series of eighteen projected volumes, to be published over the next two years, aimed at converting the vast statistical yield of the 1980 Census into authoritative analyses of major changes and trends in American life. A collaborative research effort, funded by public and private foundations, this series revives a tradition of independent Census analysis (the last such project was undertaken in 1960) and offers an unparalleled array of studies on various ethnic, geographic, and status dimensions of the U.S. population. It is entirely appropriate that the inaugural volume in this series should document trends in the status of American women. Dramatic social and demographic changes over the past two decades make American Women in Transition a landmark, an invaluable one-volume summary and assessment of women's move from the private domain to the public. Clearly and in detail, the authors describe women's increasing educational attainment and labor force participation, their lagging earning power, their continued commitment to marriage and family, and the "balancing act" necessitated by this overlap of roles. Supplementing 1980 Census data with even more recent surveys from the Census Bureau and other federal agencies, Bianchi and Spain are able to extend these trends into the 1980s and sketch the complex challenges posed by such lasting and historic changes. This definitive and sensitive study is certain to become a standard reference work on American women today, and an essential foundation for future scholarship and policy concerning the status of women in our society. A Volume in the Russell Sage Foundation Census Series
[more]

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America's Struggle against Poverty, 1900-1980
James T. Patterson
Harvard University Press, 1981

logo for Harvard University Press
America's Struggle against Poverty, 1900-1985
James T. Patterson
Harvard University Press, 1986

front cover of America’s Struggle against Poverty in the Twentieth Century
America’s Struggle against Poverty in the Twentieth Century
Enlarged Edition
James T. Patterson
Harvard University Press, 2000
This new edition of Patterson's widely used book carries the story of battles over poverty and social welfare through what the author calls the "amazing 1990s," those years of extraordinary performance of the economy. He explores a range of issues arising from the economic phenomenon--increasing inequality and demands for use of an improved poverty definition. He focuses the story on the impact of the highly controversial welfare reform of 1996, passed by a Republican Congress and signed by a Democratic President Clinton, despite the laments of anguished liberals.
[more]

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A/MORAL ECONOMICS
CLASSICAL POLITICAL ECONOMY AND CULTURAL AUTHORITY IN NINETEENTHTH-CENTURY ENGLAND
CLAUDIA C. KLAVER
The Ohio State University Press, 2003

A/Moral Economics is an interdisciplinary historical study that examines the ways which social “science” of economics emerged through the discourse of the literary, namely the dominant moral and fictional narrative genres of early and mid-Victorian England. In particular, this book argues that the classical economic theory of early-nineteenth-century England gained its broad cultural authority not directly, through the well- known texts of such canonical economic theorists as David Ricardo, but indirectly through the narratives constructed by Ricardo’s popularizers John Ramsey McCulloch and Harriet Martineau.

By reexamining the rhetorical and institutional contexts of classical political economy in the nineteenth century, A/Moral Economics repositions the popular writings of both supporters and detractors of political economy as central to early political economists’ bids for a cultural voice. The now marginalized economic writings of  McCulloch, Martineau, Henry Mayhew, and John Ruskin, as well as the texts of Charles Dickens and J. S. Mill, must be read as constituting in part the entities they have been read as merely criticizing. It is this repressed moral logic that resurfaces in a range of textual contradictions—not only in the writings of Ricardo’s supporters, but, ironically, in those of his critics as well.

[more]

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Anaconda
Labor, Community, and Culture in Montana's Smelter City
Laurie Mercier
University of Illinois Press, 2001

Laurie Mercier's look at "community unionism" examines the distinctive culture of cooperation and activism fostered by residents in Anaconda, Montana, home to the world's largest copper smelter and the namesake of the Anaconda Copper Mining Company. 

Mercier depicts the vibrant life of the smelter city at full steam, incorporating the candid commentary of the locals ("the company furnished three pair of leather gloves . . . and all the arsenic [dust] you could eat"). During five decades of devoted unionism, locals embraced an "alternative Americanism" that championed improved living standards for working people as the best defense against communism. Mercier also explores how gender limits on women's political, economic, and social roles shaped the nature and outcome of labor struggles, and traces how union rivalries, environmental concerns, and the 1980 closing of the Anaconda smelter transformed the town. 

A fascinating portrait of how community molds working class consciousness, Anaconda offers important insights about the changing nature of working class culture and collective action.

[more]

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Analyses in the Economics of Aging
Edited by David A. Wise
University of Chicago Press, 2005
Analyses in the Economics of Aging summarizes a massive amount of new research on several popular and less-examined topics pertaining to the relationship between economics and aging. Among the many themes explored in this volume, considerable attention is given to new research on retirement savings, the cost and efficiency of medical resources, and the predictors of health events.

The volume begins with a discussion of the risks and merits of 401(k) plans. Subsequent chapters present recent analysis of the growth of Medicare costs; the different aspects of disability; and the evolution of health, wealth, and living arrangements over the life course. Keeping with the global tradition of previous volumes, Analyses in the Economics of Aging also includes comparative studies on savings behavior in Italy, the Netherlands, and the United States; an examination of household savings among different age groups in Germany; and a chapter devoted to population aging and the plight of widows in India.

Carefully compiled and containing some of the most cutting-edge research and analysis available, this volume should be of interest to any specialist or policymaker concerned with ongoing changes in savings and retirement behaviors.
[more]

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The Anatomy of Racial Inequality
Glenn C. Loury
Harvard University Press, 2002

Speaking wisely and provocatively about the political economy of race, Glenn C. Loury has become one of our most prominent black intellectuals—and, because of his challenges to the orthodoxies of both left and right, one of the most controversial. A major statement of a position developed over the past decade, this book both epitomizes and explains Loury’s understanding of the depressed conditions of so much of black society today—and the origins, consequences, and implications for the future of these conditions.

Using an economist’s approach, Loury describes a vicious cycle of tainted social information that has resulted in a self-replicating pattern of racial stereotypes that rationalize and sustain discrimination. His analysis shows how the restrictions placed on black development by stereotypical and stigmatizing racial thinking deny a whole segment of the population the possibility of self-actualization that American society reveres—something that many contend would be undermined by remedies such as affirmative action. On the contrary, this book persuasively argues that the promise of fairness and individual freedom and dignity will remain unfulfilled without some forms of intervention based on race.

Brilliant in its account of how racial classifications are created and perpetuated, and how they resonate through the social, psychological, spiritual, and economic life of the nation, this compelling and passionate book gives us a new way of seeing—and, perhaps, seeing beyond—the damning categorization of race in America.

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The Anatomy of Racial Inequality
With a New Preface
Glenn C. Loury
Harvard University Press, 2021

“Lifts and transforms the discourse on ‘race’ and racial justice to an entirely new level.”
—Orlando Patterson


“Intellectually rigorous and deeply thoughtful…An incisive, erudite book by a major thinker.”
—Gerald Early, New York Times Book Review


Why are black Americans so persistently confined to the margins of society? And why do they fail across so many metrics—wages, unemployment, income levels, test scores, incarceration rates, health outcomes? Known for his influential work on the economics of racial inequality and for pioneering the link between racism and social capital, Glenn Loury is not afraid of piercing orthodoxies and coming to controversial conclusions. In this now classic work, reconsidered in light of recent events, he describes how a vicious cycle of tainted social information helped create the racial stereotypes that rationalize and sustain discrimination, and suggests how this might be changed.

Brilliant in its account of how racial classifications are created and perpetuated, and how they resonate through the social, psychological, spiritual, and economic life of the nation, this compelling and passionate book gives us a new way of seeing—and of seeing beyond—the damning categorization of race.

“Paints in chilling detail the distance between Martin Luther King’s dream and the reality of present-day America.”
—Anthony Walton, Harper’s

“Loury provides an original and highly persuasive account of how the American racial hierarchy is sustained and reproduced over time. And he then demands that we begin the deep structural reforms that will be necessary to stop its continued reproduction.”
—Michael Walzer

“He is a genuine maverick thinker…The Anatomy of Racial Inequality both epitomizes and explains Loury’s understanding of the depressed conditions of so much of black society today.”
New York Times Magazine

[more]

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Ancient Andean Political Economy
By Charles Stanish
University of Texas Press, 1992

For more than two millennia prior to the Spanish conquest, the southern region of the central Andes was home to dozens of societies, ranging from modest chiefdoms to imperial states. Attempts to understand the political and economic dynamics of this complex region have included at least two major theories in Andean anthropology. In this pathfinding study, Charles Stanish shows that they are not exclusive and competing models, but rather can be understood as variations within a larger theoretical framework.

Stanish builds his arguments around a case study from the Moquequa region of Peru, augmented with data from Puno. He uses the "archaeological household" as his basic unit of analysis. This approach allows him to reconcile the now-classic model of zonal complementarity proposed by John Murra with the model of craft specialization and exchange offered by Maria Rostworowski de Diez Canseco. These models of political economy are analyzed with the concepts of economic anthropology in the tradition of Karl Polanyi.

For students of archaeology, Andean studies, anthropology, and economic history, Ancient Andean Political Economy will be important reading.

[more]

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Ancient Maya Commerce
Multidisciplinary Research at Chunchucmil
Scott R. Hutson
University Press of Colorado, 2017

Ancient Maya Commerce presents nearly two decades of multidisciplinary research at Chunchucmil, Yucatan, Mexico—a thriving Classic period Maya center organized around commercial exchange rather than agriculture. An urban center without a king and unable to sustain agrarian independence, Chunchucmil is a rare example of a Maya city in which economics, not political rituals, served as the engine of growth. Trade was the raison d’être of the city itself.

Using a variety of evidence—archaeological, botanical, geomorphological, and soil-based—contributors show how the city was a major center for both short- and long-distance trade, integrating the Guatemalan highlands, the Gulf of Mexico, and the interior of the northern Maya lowlands. By placing Chunchucmil into the broader context of emerging research at other Maya cities, the book reorients the understanding of ancient Maya economies. The book is accompanied by a highly detailed digital map that reveals the dense population of the city and the hundreds of streets its inhabitants constructed to make the city navigable, shifting the knowledge of urbanism among the ancient Maya.

Ancient Maya Commerce is a pioneering, thoroughly documented case study of a premodern market center and makes a strong case for the importance of early market economies in the Maya region. It will be a valuable addition to the literature for Mayanists, Mesoamericanists, economic anthropologists, and environmental archaeologists.

Contributors: Anthony P. Andrews, Traci Ardren, Sheryl Luzzadder-Beach, Timothy Beach, Chelsea Blackmore, Tara Bond-Freeman, Bruce H. Dahlin, Patrice Farrell, David Hixson, Socorro Jimenez, Justin Lowry, Aline Magnoni, Eugenia Mansell, Daniel E. Mazeau, Travis Stanton, Ryan V. Sweetwood, Richard E. Terry

[more]

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The Ancient Maya Marketplace
The Archaeology of Transient Space
Edited by Eleanor M. King
University of Arizona Press, 2015
Trading was the favorite occupation of the Maya, according to early Spanish observers such as Fray Diego de Landa (1566). Yet scholars of the Maya have long dismissed trade—specifically, market exchange—as unimportant. They argue that the Maya subsisted primarily on agriculture, with long-distance trade playing a minor role in a largely non-commercialized economy.

The Ancient Maya Marketplace reviews the debate on Maya markets and offers compelling new evidence for the existence and identification of ancient marketplaces in the Maya Lowlands. Its authors rethink the prevailing views about Maya economic organization and offer new perspectives. They attribute the dearth of Maya market research to two factors: persistent assumptions that Maya society and its rainforest environment lacked complexity, and an absence of physical evidence for marketplaces—a problem that plagues market research around the world.

Many Mayanists now agree that no site was self-sufficient, and that from the earliest times robust local and regional exchange existed alongside long-distance trade. Contributors to this volume suggest that marketplaces, the physical spaces signifying the presence of a market economy, did not exist for purely economic reasons but served to exchange information and create social ties as well.

The Ancient Maya Marketplace offers concrete links between Maya archaeology, ethnohistory, and contemporary cultures. Its in-depth review of current research will help future investigators to recognize and document marketplaces as a long-standing Maya cultural practice. The volume also provides detailed comparative data for premodern societies elsewhere in the world.
[more]

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Andean Entrepreneurs
Otavalo Merchants and Musicians in the Global Arena
By Lynn A. Meisch
University of Texas Press, 2002

Native to a high valley in the Andes of Ecuador, the Otavalos are an indigenous people whose handcrafted textiles and traditional music are now sold in countries around the globe. Known as weavers and merchants since pre-Inca times, Otavalos today live and work in over thirty countries on six continents, while hosting more than 145,000 tourists annually at their Saturday market.

In this ethnography of the globalization process, Lynn A. Meisch looks at how participation in the global economy has affected Otavalo identity and culture since the 1970s. Drawing on nearly thirty years of fieldwork, she covers many areas of Otavalo life, including the development of weaving and music as business enterprises, the increase in tourism to Otavalo, the diaspora of Otavalo merchants and musicians around the world, changing social relations at home, the growth of indigenous political power, and current debates within the Otavalo community over preserving cultural identity in the face of globalization and transnational migration. Refuting the belief that contact with the wider world inevitably destroys indigenous societies, Meisch demonstrates that Otavalos are preserving many features of their culture while adopting and adapting modern technologies and practices they find useful.

[more]

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Anti-Politics Machine
Development, Depoliticization, and Bureaucratic Power in Lesotho
James Ferguson
University of Minnesota Press, 1994
Development, it is generally assumed, is good and necessary, and in its name the West has intervened, implementing all manner of projects in the impoverished regions of the world. When these projects fail, as they do with astonishing regularity, they nonetheless produce a host of regular and unacknowledged effects, including the expansion of bureaucratic state power and the translation of the political realities of poverty and powerlessness into "technical" problems awaiting solution by "development" agencies and experts. It is the political intelligibility of these effects, along with the process that produces them, that this book seeks to illuminate through a detailed case study of the workings of the "development" industry in one country, Lesotho, and in one "development" project.Using an anthropological approach grounded in the work of Foucault, James Ferguson analyzes the institutional framework within which such projects are crafted and the nature of "development discourse," revealing how it is that, despite all the "expertise" that goes into formulating development projects, they nonetheless often demonstrate a startling ignorance of the historical and political realities of the locale they are intended to help. In a close examination of the attempted implementation of the Thaba-Tseka project in Lesotho, Ferguson shows how such a misguided approach plays out, how, in fact, the "development" apparatus in Lesotho acts as an "anti-politics machine," everywhere whisking political realities out of sight and all the while performing, almost unnoticed, its own pre-eminently political operation of strengthening the state presence in the local region.James Ferguson is an associate professor of anthropology at the University of California at Irvine.
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The Antitrust Paradigm
Restoring a Competitive Economy
Jonathan B. Baker
Harvard University Press, 2019

A new and urgently needed guide to making the American economy more competitive at a time when tech giants have amassed vast market power.

The U.S. economy is growing less competitive. Large businesses increasingly profit by taking advantage of their customers and suppliers. These firms can also use sophisticated pricing algorithms and customer data to secure substantial and persistent advantages over smaller players. In our new Gilded Age, the likes of Google and Amazon fill the roles of Standard Oil and U.S. Steel.

Jonathan Baker shows how business practices harming competition manage to go unchecked. The law has fallen behind technology, but that is not the only problem. Inspired by Robert Bork, Richard Posner, and the “Chicago school,” the Supreme Court has, since the Reagan years, steadily eroded the protections of antitrust. The Antitrust Paradigm demonstrates that Chicago-style reforms intended to unleash competitive enterprise have instead inflated market power, harming the welfare of workers and consumers, squelching innovation, and reducing overall economic growth. Baker identifies the errors in economic arguments for staying the course and advocates for a middle path between laissez-faire and forced deconcentration: the revival of pro-competitive economic regulation, of which antitrust has long been the backbone.

Drawing on the latest in empirical and theoretical economics to defend the benefits of antitrust, Baker shows how enforcement and jurisprudence can be updated for the high-tech economy. His prescription is straightforward. The sooner courts and the antitrust enforcement agencies stop listening to the Chicago school and start paying attention to modern economics, the sooner Americans will reap the benefits of competition.

[more]

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Apartheid’s Leviathan
Electricity and the Power of Technological Ambivalence
Faeeza Ballim
Ohio University Press, 2023
A fascinating study that shows how the intersection of technology and politics has shaped South African history since the 1960s. This book details the development of an interconnected technological system of a coal mine and of the Matimba and Medupi power stations in the Waterberg, a rural region of South Africa near the country’s border with Botswana. South Africa’s state steel manufacturing corporation, Iscor, which has since been privatized, developed a coal mine in the region in the 1970s. This set the stage for the national electricity provider, Eskom, to build coal-fueled power stations in the Waterberg. Faeeza Ballim follows the development of these technological systems from the late 1960s, a period of heightened repression as the apartheid government attempted to realize its vision of racial segregation, to the deeply fraught construction of the Medupi power station in postapartheid South Africa. The Medupi power station was planned toward the end of the first decade of the twenty-first century as a measure to alleviate the country’s electricity shortage, but the continued delay of its completion and the escalation of its costs meant that it failed to realize those ambitions while public frustration and electricity outages grew. By tracing this story, this book highlights the importance of technology to our understanding of South African history. This characterization challenges the idea that the technological state corporations were proxies for the apartheid government and highlights that their activities in the Waterberg did not necessarily accord with the government’s strategic purposes. While a part of the broader national modernization project under apartheid, they also set the stage for worker solidarity and trade union organization in the Waterberg and elsewhere in the country. This book also argues that the state corporations, their technology, and their engineers enjoyed ambivalent relationships with the governments of their time, relationships that can be characterized as both autonomous and immersive. In the era of democracy, while Eskom has been caught up in government corruption—a major scourge to the fortunes of South Africa—it has also retained a degree of organizational autonomy and offered a degree of resistance to those who sought to further corruption. The examination of the workings of these technological systems, and the state corporations responsible for them, complicates conventional understandings of the transition from the authoritarian rule of apartheid to democratic South Africa, which coincided with the transition from state-led development to neoliberalism. This book is an indispensable case study on the workings of industrial and political power in Africa and beyond.
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AN APPALACHIAN NEW DEAL
WEST VIRGINIA IN THE GREAT DEPRESSION
Jerry Bruce Thomas
West Virginia University Press, 2011

In this paperback edition of An Appalachian New Deal: West Virginia in the Great Depression, Jerry Bruce Thomas examines the economic and social conditions of the state of West Virginia before, during, and after the Great Depression. Thomas’s exploration of personal papers by leading political and social figures, newspapers, and the published and unpublished records of federal, state, local, and private agencies, traces a region’s response to an economic depression and a presidential stimulus program. This dissection of federal and state policies implemented under Franklin D. Roosevelt’s New Deal program reveals the impact of poverty upon political, gender, race, and familial relations within the Mountain State—and the entire country. Through An Appalachian New Deal, Thomas documents the stories of ordinary citizens who survived a period of economic crisis and echoes a message from our nation’s past to a new generation enduring financial hardship and uncertainty.

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An Appalachian Reawakening
West Virginia and the Perils of the New Machine Age, 1945-1972
JERRY B. THOMAS
West Virginia University Press, 2010

As the long boom of post-World War II economic expansion spread across the globe, dreams of white picket fences, democratic ideals, and endless opportunities flourished within the United States. Middle America experienced a period of affluent stability built upon a modern age of industrialization. Yet for the people of Appalachia, this new era brought economic, social, and environmental devastation, preventing many from realizing the American Dream. Some families suffered in silence; some joined a mass exodus from the mountains; while others, trapped by unemployment, poverty, illness, and injury became dependent upon welfare. As the one state most completely Appalachian, West Virginia symbolized the region's dilemma, even as it provided much of the labor and natural resources that fueled the nation's prosperity.

An Appalachian Reawakening: West Virginia and the Perils of the New Machine Age, 1945-1972 recounts the difficulties the state of West Virginia faced during the post-World War II period. While documenting this turmoil, this valuable analysis also traces the efforts of the New Frontier and Great Society programs, which stimulated maximum feasible participation and lead to the ultimate rise of grass roots activities and organizations that improved life and labor in the region and undermined the notion of Appalachian fatalism.

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Appalachian Reckoning
A Region Responds to Hillbilly Elegy
Anthony Harkins
West Virginia University Press, 2019

2020 American Book Award winner, Walter & Lillian Lowenfels Criticism Award
Weatherford Award winner, nonfiction


With hundreds of thousands of copies sold, a Ron Howard movie in the works, and the rise of its author as a media personality, J. D. Vance’s Hillbilly Elegy: A Memoir of a Family and Culture in Crisis has defined Appalachia for much of the nation. What about Hillbilly Elegy accounts for this explosion of interest during this period of political turmoil? Why have its ideas raised so much controversy? And how can debates about the book catalyze new, more inclusive political agendas for the region’s future?

Appalachian Reckoning is a retort, at turns rigorous, critical, angry, and hopeful, to the long shadow Hillbilly Elegy has cast over the region and its imagining. But it also moves beyond Hillbilly Elegy to allow Appalachians from varied backgrounds to tell their own diverse and complex stories through an imaginative blend of scholarship, prose, poetry, and photography. The essays and creative work collected in Appalachian Reckoning provide a deeply personal portrait of a place that is at once culturally rich and economically distressed, unique and typically American. Complicating simplistic visions that associate the region almost exclusively with death and decay, Appalachian Reckoning makes clear Appalachia’s intellectual vitality, spiritual richness, and progressive possibilities.

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Arabian Oasis City
The Transformation of 'Unayzah
By Soraya Altorki and Donald P. Cole
University of Texas Press, 1989

Vast social change has occurred in the Middle East since the oil boom of the mid-1970s. As the first anthropological study of an urban community in Saudi Arabia since that oil boom, Arabian Oasis City is also the first to document those changes.

Based on extensive interviews and participant observation with both men and women, the authors record and analyze the transformation that has occurred in this ancient oasis city throughout the twentieth century: the creation of the present Saudi Arabian state and of a new national economy based on the export of oil and the economic boom brought about by the dramatic increases in the price of oil following the October 1973 Arab-Israeli War. In addition, the authors reveal the changes brought about by the fall in the price of oil beginning in 1982 and analyze the problems confronting ‘Unayzah in its aftermath.

By demonstrating that the area was not exclusively dominated by tribalism and Bedouin nomads, this empirical case study destroys stereotypical views about Saudi Arabia. Indeed, it proves the existence—prior to the coming of the modern Saudi Arabian state— of surplus agricultural and craft production and the full development of local, regional, and long-distance trade networks. It shows that women, although veiled, played active roles in work outside the household. The social impact of change over the years is, however, profound—especially the gradual replacement of the extended family by the nuclear family, changing patterns of husband-wife relationships, the impact of self-earned income on the status of women, and the emergence of a new middle class of employees and entrepreneurs. Because of the high degree of gender segregation in this area of research, Altorki and Cole give us a fortunate collaboration between a Saudi Arabian female scholar and an American male scholar experienced in research in the Middle East.

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Archaeology below the Cliff
Race, Class, and Redlegs in Barbadian Sugar Society
Matthew C. Reilly
University of Alabama Press, 2019
First book-length archaeological study of a nonelite white population on a Caribbean plantation

Archaeology below the Cliff: Race, Class, and Redlegs in Barbadian Sugar Society is the first archaeological study of the poor whites of Barbados, the descendants of seventeenth-century European indentured servants and small farmers. “Redlegs” is a pejorative to describe the marginalized group who remained after the island transitioned to a sugar monoculture economy dependent on the labor of enslaved Africans. A sizable portion of the “white” minority, the Redlegs largely existed on the peripheries of the plantation landscape in an area called “Below Cliff,” which was deemed unsuitable for profitable agricultural production. Just as the land on which they resided was cast as marginal, so too have the poor whites historically and contemporarily been derided as peripheral and isolated as well as idle, alcoholic, degenerate, inbred, and irrelevant to a functional island society and economy.

Using archaeological, historical, and oral sources, Matthew C. Reilly shows how the precarious existence of the Barbadian Redlegs challenged elite hypercapitalistic notions of economics, race, and class as they were developing in colonial society. Experiencing pronounced economic hardship, similar to that of the enslaved, albeit under very different circumstances, Barbadian Redlegs developed strategies to live in a harsh environment. Reilly’s investigations reveal that what developed in Below Cliff was a moral economy, based on community needs rather than free-market prices.

Reilly extensively excavated households from the tenantry area on the boundaries of the Clifton Hall Plantation, which was abandoned in the 1960s, to explore the daily lives of poor white tenants and investigate their relationships with island economic processes and networks. Despite misconceptions of strict racial isolation, evidence also highlights the importance of poor white encounters and relationships with Afro-Barbadians. Historical data are also incorporated to address how an underrepresented demographic experienced the plantation landscape. Ultimately, Reilly’s narrative situates the Redlegs within island history, privileging inclusion and embeddedness over exclusion and isolation.
 
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Arctic Politics
Conflict and Cooperation in the Circumpolar North
Oran R. Young
Dartmouth College Press, 1992
Long recognized by naturalists and adventurers as a dramatically unique region, the Arctic has recently emerged as an area of increasing political, strategic, and economic importance. The Arctic is both one of the world’s largest and smallest regions, encompassing 15% of the earth’s land mass, yet inhabited by fewer than 1% of the world’s population. Its physical vastness is coupled with a wealth of natural resources; in oil alone, the Far North contributes that majority of Russia’s production and 25% of US output. At the same time, the Circumpolar North is home to diverse indigenous peoples and cultures, thus setting the stage for conflicts of international scope. In this collection of essays, Oran Young provides a foundation for studying the politics of the Arctic as a distinctive international region. Expanding the traditional approach to area studies, he examines the Far North not only for its unique features, but also as an arena within which to develop new approaches to various issues of worldwide interest. Young challenges persistent stereotypes that marginalize the region, moving beyond the romanticism of many observers to arrive at an understanding of the complex social and ecological systems of the Far North. In doing so, Young thoughtfully establishes the Arctic as an area of international importance both in its own right and in relation to other geopolitical regions.
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The Argentina Reader
History, Culture, Politics
Gabriela Nouzeilles and Graciela Montaldo, eds.
Duke University Press, 2002
Excessively European, refreshingly European, not as European as it looks, struggling to overcome a delusion that it is European. Argentina—in all its complexity—has often been obscured by variations of the "like Europe and not like the rest of Latin America" cliché. The Argentina Reader deliberately breaks from that viewpoint. This essential introduction to Argentina’s history, culture, and society provides a richer, more comprehensive look at one of the most paradoxical of Latin American nations: a nation that used to be among the richest in the world, with the largest middle class in Latin America, yet one that entered the twenty-first century with its economy in shambles and its citizenry seething with frustration.

This diverse collection brings together songs, articles, comic strips, scholarly essays, poems, and short stories. Most pieces are by Argentines. More than forty of the texts have never before appeared in English. The Argentina Reader contains photographs from Argentina’s National Archives and images of artwork by some of the country’s most talented painters and sculptors. Many selections deal with the history of indigenous Argentines, workers, women, blacks, and other groups often ignored in descriptions of the country. At the same time, the book includes excerpts by or about such major political figures as José de San Martín and Juan Perón. Pieces from literary and social figures virtually unknown in the United States appear alongside those by more well-known writers such as Jorge Luis Borges, Ricardo Piglia, and Julio Cortázar.

The Argentina Reader covers the Spanish colonial regime; the years of nation building following Argentina’s independence from Spain in 1810; and the sweeping progress of economic growth and cultural change that made Argentina, by the turn of the twentieth century, the most modern country in Latin America. The bulk of the collection focuses on the twentieth century: on the popular movements that enabled Peronism and the revolutionary dreams of the 1960s and 1970s; on the dictatorship from 1976 to 1983 and the accompanying culture of terror and resistance; and, finally, on the contradictory and disconcerting tendencies unleashed by the principles of neoliberalism and the new global economy. The book also includes a list of suggestions for further reading.

The Argentina Reader is an invaluable resource for those interested in learning about Argentine history and culture, whether in the classroom or in preparation for travel in Argentina.

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The Armenians of Aintab
The Economics of Genocide in an Ottoman Province
Ümit Kurt
Harvard University Press, 2021

A Turk’s discovery that Armenians once thrived in his hometown leads to a groundbreaking investigation into the local dynamics of genocide.

Ümit Kurt, born and raised in Gaziantep, Turkey, was astonished to learn that his hometown once had a large and active Armenian community. The Armenian presence in Aintab, the city’s name during the Ottoman period, had not only been destroyed—it had been replaced. To every appearance, Gaziantep was a typical Turkish city.

Kurt digs into the details of the Armenian dispossession that produced the homogeneously Turkish city in which he grew up. In particular, he examines the population that gained from ethnic cleansing. Records of land confiscation and population transfer demonstrate just how much new wealth became available when the prosperous Armenians—who were active in manufacturing, agricultural production, and trade—were ejected. Although the official rationale for the removal of the Armenians was that the group posed a threat of rebellion, Kurt shows that the prospect of material gain was a key motivator of support for the Armenian genocide among the local Muslim gentry and the Turkish public. Those who benefited most—provincial elites, wealthy landowners, state officials, and merchants who accumulated Armenian capital—in turn financed the nationalist movement that brought the modern Turkish republic into being. The economic elite of Aintab was thus reconstituted along both ethnic and political lines.

The Armenians of Aintab draws on primary sources from Armenian, Ottoman, Turkish, British, and French archives, as well as memoirs, personal papers, oral accounts, and newly discovered property-liquidation records. Together they provide an invaluable account of genocide at ground level.

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Asia Inside Out
Eric Tagliacozzo
Harvard University Press, 2015

Asia Inside Out reveals the dynamic forces that have historically linked regions of the world’s largest continent, stretching from Japan and Korea to the South China Sea, the Indian Ocean, and the Middle East. Connected Places, the second installment in this pioneering three-volume survey, highlights the transregional flows of goods, ideas, and people across natural and political boundaries—sea routes, delta ecologies, and mountain passes, ports and oasis towns, imperial capitals and postmodern cities. It challenges the conventional idea that defines geopolitical regions as land-based, state-centered, and possessing linear histories.

Exploring themes of maritime connections, mobile landscapes, and spatial movements, the authors examine significant sites of linkage and disjuncture from the early modern period to the present. Readers discover how eighteenth-century pirates shaped the interregional networks of Vietnam’s Tonkin Gulf, how Kashmiri merchants provided intelligence of remote Himalayan territories to competing empires, and how for centuries a vibrant trade in horses and elephants fueled the Indian Ocean economy. Other topics investigated include cultural formations in the Pearl River delta, global trade in Chittagong’s transformation, gendered homemaking among mobile Samurai families, border zones in Qing China and contemporary Burma, colonial spaces linking India and Mesopotamia, transnational marriages in Oman’s immigrant populations, new cultural spaces in Korean pop, and the unexpected adoption of the Latin script by ethnically Chinese Muslims in Central Asia.

Connected Places shows the constant fluctuations over many centuries in the making of Asian territories and illustrates the confluence of factors in the historical construction of place and space.

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The Asian American Achievement Paradox
JENIFFER LEE is professor of sociology at the University of California, Irvine. MIN ZHOU is professor of sociology at Nanyang Technological University, Singapore, and the University of California, Los Angeles.
Russell Sage Foundation, 2015
Asian Americans are often stereotyped as the “model minority.” Their sizeable presence at elite universities and high household incomes have helped construct the narrative of Asian American “exceptionalism.” While many scholars and activists characterize this as a myth, pundits claim that Asian Americans’ educational attainment is the result of unique cultural values. In The Asian American Achievement Paradox, sociologists Jennifer Lee and Min Zhou offer a compelling account of the academic achievement of the children of Asian immigrants. Drawing on in-depth interviews with the adult children of Chinese immigrants and Vietnamese refugees and survey data, Lee and Zhou bridge sociology and social psychology to explain how immigration laws, institutions, and culture interact to foster high achievement among certain Asian American groups. For the Chinese and Vietnamese in Los Angeles, Lee and Zhou find that the educational attainment of the second generation is strikingly similar, despite the vastly different socioeconomic profiles of their immigrant parents. Because immigration policies after 1965 favor individuals with higher levels of education and professional skills, many Asian immigrants are highly educated when they arrive in the United States. They bring a specific “success frame,” which is strictly defined as earning a degree from an elite university and working in a high-status field. This success frame is reinforced in many local Asian communities, which make resources such as college preparation courses and tutoring available to group members, including their low-income members. While the success frame accounts for part of Asian Americans’ high rates of achievement, Lee and Zhou also find that institutions, such as public schools, are crucial in supporting the cycle of Asian American achievement. Teachers and guidance counselors, for example, who presume that Asian American students are smart, disciplined, and studious, provide them with extra help and steer them toward competitive academic programs. These institutional advantages, in turn, lead to better academic performance and outcomes among Asian American students. Yet the expectations of high achievement come with a cost: the notion of Asian American success creates an “achievement paradox” in which Asian Americans who do not fit the success frame feel like failures or racial outliers. While pundits ascribe Asian American success to the assumed superior traits intrinsic to Asian culture, Lee and Zhou show how historical, cultural, and institutional elements work together to confer advantages to specific populations. An insightful counter to notions of culture based on stereotypes, The Asian American Achievement Paradox offers a deft and nuanced understanding how and why certain immigrant groups succeed.
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Asian Cities
Colonial to Global
Edited by Gregory Bracken
Amsterdam University Press, 2015
When people look at success stories among postcolonial nations, the focus almost always turns to Asia, where many cities in former colonies have become key locations of international commerce and culture. This book brings together a stellar group of scholars from a number of disciplines to explore the rise of Asian cities, including Singapore, Macau, Hong Kong, and more. Dealing with history, geography, culture, architecture, urbanism, and other topics, the book attempts to formulate a new understanding of what makes Asian cities such global leaders.
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Atlanta Life Insurance
Guardian of Black Economic Dignity
Alexa Benson Henderson
University of Alabama Press, 1990
An important and richly detailed and researched history of Black entrepreneurship in the American South, Atlanta Life Insurance Company traces the inspiring success story of Black Americans to build and sustain a thriving business and an institution important to the Black population of Georgia and surrounding states. 

Efforts to develop an economic base within the Black community began even before the Civil War. These efforts gained new meaning in the post-Reconstruction period as Blacks strove to adapt to radically changing economic circumstances and the emergence of the Jim Crow South. In Atlanta, shortly after the turn of the century, Alonzo Franklin Herndon, a former slave, joined a long line of Black entrepreneurs by creating Atlanta Life Insurance Company. More than three-quarters of a century later, it remains an important enterprise that is the nation’s largest Black-controlled shareholder insurance company. The firm is today a significant example of the efforts of Black Americans to achieve economic independence and dignity in America.
 
Henderson's fascinating book reveals the historic roots of Atlanta Life, its economic growth and development as a Black-owned institution, and its social and economic involvement with the challenges and progress of Black America. 
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Atlanta Paradox
David L. Sjoquist
Russell Sage Foundation, 2000
Despite the rapid creation of jobs in the greater Atlanta region, poverty in the city itself remains surprisingly high, and Atlanta's economic boom has yet to play a significant role in narrowing the gap between the suburban rich and the city poor. This book investigates the key factors underlying this paradox. The authors show that the legacy of past residential segregation as well as the more recent phenomenon of urban sprawl both work against inner city blacks. Many remain concentrated near traditional black neighborhoods south of the city center and face prohibitive commuting distances now that jobs have migrated to outlying northern suburbs. The book also presents some promising signs. Few whites still hold overt negative stereotypes of blacks, and both whites and blacks would prefer to live in more integrated neighborhoods. The emergence of a dynamic, black middle class and the success of many black-owned businesses in the area also give the authors reason to hope that racial inequality will not remain entrenched in a city where so much else has changed. A Volume in the Multi-City Study of Urban Inequality
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Atlanta
Race, Class And Urban Expansion
Larry Keating
Temple University Press, 2001
Atlanta, the epitome of the New South, is a city whose economic growth has transformed it from a provincial capital to a global city, one that could bid for and win the 1996 Summer Olympics. Yet the reality is that the exceptional growth of the region over the last twenty years has exacerbated inequality, particularly for African Americans. Atlanta, the city of Martin Luther King, Jr., remains one of the most segregated cities  in the United States.

Despite African American success in winning the mayor's office and control of the City Council, development plans have remained in the control of private business interests. Keating  tells  a number of  troubling stories. The development of the Underground Atlanta, the construction of the rapid rail system (MARTA), the building of a new stadium for the Braves, the redevelopment of public housing, and the arrangements for the Olympic Games all share a lack of democratic process. Business and political elites ignored protests from neighborhood groups, the interests of the poor, and the advice of planners.
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Atlantic Crossings
Social Politics in a Progressive Age
Daniel T. Rodgers
Harvard University Press, 2000

"The most belated of nations," Theodore Roosevelt called his country during the workmen's compensation fight in 1907. Earlier reformers, progressives of his day, and later New Dealers lamented the nation's resistance to models abroad for correctives to the backwardness of American social politics. Atlantic Crossings is the first major account of the vibrant international network that they constructed--so often obscured by notions of American exceptionalism--and of its profound impact on the United States from the 1870s through 1945.

On a narrative canvas that sweeps across Europe and the United States, Daniel Rodgers retells the story of the classic era of efforts to repair the damages of unbridled capitalism. He reveals the forgotten international roots of such innovations as city planning, rural cooperatives, modernist architecture for public housing, and social insurance, among other reforms. From small beginnings to reconstructions of the new great cities and rural life, and to the wide-ranging mechanics of social security for working people, Rodgers finds the interconnections, adaptations, exchanges, and even rivalries in the Atlantic region's social planning. He uncovers the immense diffusion of talent, ideas, and action that were breathtaking in their range and impact.

The scope of Atlantic Crossings is vast and peopled with the reformers, university men and women, new experts, bureaucrats, politicians, and gifted amateurs. This long durée of contemporary social policy encompassed fierce debate, new conceptions of the role of the state, an acceptance of the importance of expertise in making government policy, and a recognition of a shared destiny in a newly created world.

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Atlas of the Pacific Northwest
Philip Jackson
Oregon State University Press, 1993

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Atlas of the Pacific Northwest, 9th Ed
Philip Jackson
Oregon State University Press, 2003

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Austerity Ireland
The Failure of Irish Capitalism
Kieran Allen and Brian O'Boyle
Pluto Press, 2013
Ireland has been marketed as the poster boy of EU austerity. EU elites and neoliberal commentators claim that the country’s ability to suffer economic pain will attract investors and generate a recovery.

In Austerity Ireland, Kieran Allen challenges this official image and argues that the Irish state's response to the crash has primarily been designed to protect economic privilege. The resulting austerity has been a failure and is likely to produce a decade of hardship.

The book offers a deeply informed and penetrating diagnosis of Ireland's current socio-economic and political malaise, suggesting that a political earthquake is underway which may benefit the left. Austerity Ireland is essential reading for all students of Irish politics and economics, as well as those interested in the politics of austerity and the eurozone crisis.
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Austrian Reconstruction and the Collapse of Global Finance, 1921–1931
Nathan Marcus
Harvard University Press, 2018

In 1921 Austria became the first interwar European country to experience hyperinflation. The League of Nations, among other actors, stepped in to help reconstruct the economy, but a decade later Austria’s largest bank, Credit-Anstalt, collapsed. Historians have correlated these events with the banking and currency crisis that destabilized interwar Europe—a narrative that relies on the claim that Austria and the global monetary system were the victims of financial interlopers. In this corrective history, Nathan Marcus deemphasizes the destructive role of external players in Austria’s reconstruction and points to the greater impact of domestic malfeasance and predatory speculation on the nation’s financial and political decline.

Consulting sources ranging from diplomatic dossiers to bank statements and financial analyses, Marcus shows how the League of Nations’ efforts to curb Austrian hyperinflation in 1922 were politically constrained. The League left Austria in 1926 but foreign interests intervened in 1931 to contain the fallout from the Credit-Anstalt collapse. Not until later, when problems in the German and British economies became acute, did Austrians and speculators exploit the country’s currency and compromise its value. Although some statesmen and historians have pinned Austria’s—and the world’s—economic implosion on financial colonialism, Marcus’s research offers a more accurate appraisal of early multilateral financial supervision and intervention.

Illuminating new facets of the interwar political economy, Austrian Reconstruction and the Collapse of Global Finance reckons with the true consequences of international involvement in the Austrian economy during a key decade of renewal and crisis.

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The Awkward State of Utah
Coming of Age in the Nation, 1896-1945
Charles Peterson and Brian Cannon
University of Utah Press, 2015

The half century between statehood in 1896 and the end of World War II in 1945 was a period of transformation and transition for Utah. This book interprets those profound changes, revealing sweeping impacts on both institutions and ordinary people. Drawing upon expertise honed over decades of teaching, researching, and writing about Utah’s history, the authors incorporate fresh archival sources, new oral histories, and hundreds of scholarly articles and books as they narrate the little-known story of the crucial formative years when Utah came of age.

During its sometimes awkward years of adolescence and maturation, Utah was gradually incorporated into the American political, social, and economic mainstream. Urban and industrial influences supplanted agrarian traditions, displacing people socially, draining the countryside of population, and galvanizing a critical crisis in values and self-identification. National corporations and mass labor movements took root in the state as commerce expanded. Involvement in world events such as the Spanish-American War, two world wars, and the Great Depression further set the stage for entry into the modern, globalized world as Utahns immersed themselves in national politics and became part of the democratic, corporate culture of twentieth-century America. 


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