BiblioVault - Books about Economy

Nachituti's Gift

Economy, Society, and Environment in Central Africa

David M. Gordon

University of Wisconsin Press, 2006

Nachituti’s Gift challenges conventional theories of economic development with a compelling comparative case study of inland fisheries in Zambia and Congo from pre- to postcolonial times. Neoclassical development models conjure a simple, abstract progression from wealth held in people to money or commodities; instead, Gordon argues, primary social networks and oral charters like “Nachituti’s Gift” remained decisive long after the rise of intensive trade and market activities. Interweaving oral traditions, songs, and interviews as well as extensive archival research, Gordon’s lively tale is at once a subtle analysis of economic and social transformations, an insightful exercise in environmental history, and a revealing study of comparative politics.

Honorable Mention, Melville J. Herskovits Award, African Studies Association

“A powerful portrayal of the complexity, fluidity, and subtlety of Lake Mweru fishers’ production strategies . . . . Natchituti’s Gift adds nuance and evidence to some of the most important and sophisticated conversations going on in African studies today.”—Kirk Arden Hoppe, International Journal of African Historical Studies

“A lively and intelligent book, which offers a solid contribution to ongoing debates about the interplay of the politics of environment, history and economy.”—Joost Fontein, Africa

“Well researched and referenced . . . . [Natchituti’s Gift] will be of interest to those in a wide variety of disciplines including anthropology, African Studies, history, geography, and environmental studies.”—Heidi G. Frontani, H-SAfrica

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The New Chinese America

Class, Economy, and Social Hierarchy

Zhao, Xiaojian

Rutgers University Press, 2010

The 1965 Immigration Act altered the lives and outlook of Chinese Americans in fundamental ways. The New Chinese America explores the historical, economic, and social foundations of the Chinese American community, in order to reveal the emergence of a new social hierarchy after 1965.

In this detailed and comprehensive study of contemporary Chinese America, Xiaojian Zhao uses class analysis to illuminate the difficulties of everyday survival for poor and undocumented immigrants and analyzes the process through which social mobility occurs. Through ethnic ties, Chinese Americans have built an economy of their own in which entrepreneurs can maintain a competitive edge given their access to low-cost labor; workers who are shut out of the mainstream job market can find work and make a living; and consumers can enjoy high quality services at a great bargain. While the growth of the ethnic economy enhances ethnic bonds by increasing mutual dependencies among different groups of Chinese Americans, it also determines the limits of possibility for various individuals depending on their socioeconomic and immigration status.

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No Way to Run an Economy

Why the System Failed and How to Put It Right

Graham Turner

Pluto Press, 2009

In The Credit Crunch, Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, No Way to Run an Economy, is the essential guide to the turbulent times ahead.

Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation.

There is no doubt the economy is still in serious trouble, but Turner shows that learning from the mistakes made so far can prevent a situation worse than that of the 1930s crisis.

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