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Green Gold is a thorough and valuable compilation of information on Alabama’s timber and forest products industry, the largest manufacturing industry in the state.

Alabama has the third-largest commercial forest in the nation, after only Georgia and Oregon. Fully two-thirds of the state’s land supports the growth of over fifteen billion trees on twenty-two million acres, which explains why Alabama looks entirely green from space. Green Gold presents the story of human use of and impact on Alabama’s forests from pioneer days to the present, as James E. Fickle chronicles the history of the industry from unbridled greed and exploitation through virtual abandonment to revival, restoration, and enlightened stewardship.

As the state’s largest manufacturing industry, forest products have traditionally included naval stores such as tar, pitch, and turpentine, especially in the southern longleaf stands; sawmill lumber, both hardwood and pine; and pulp and paper milling. Green Gold documents all aspects of the industry, including the advent of “scientific forestry” and the development of reforestation practices with sustained yields. Also addressed are the historical impacts of Native Americans and of early settlers who used axes, saws, and water- and steam-powered sawmills to clear and utilize forests. Along with an account of railroad logging and the big mills of the lumber bonanza days of the late nineteenth and early twentieth centuries, the book also chronicles the arrival of professional foresters to the state, who began to deal with the devastating legacy of “cut out and get out” logging and to fight the perennial curse of woods arson. Finally, Green Gold examines the rise of the tree farm movement, the rebirth of large-scale lumbering, the advent of modern environmental concerns, and the movement toward the “Fourth Forest” in Alabama.

A Copublication with the Alabama Forestry Foundation

A critical history of the US dollar’s dominance in the world economy—and what has kept China’s currency from overtaking it.

The dollar is the primary currency of the world economy. With China now rivaling the United States on the world stage, a critical question hangs in the balance: will the Chinese renminbi challenge the status of the dollar and, in doing so, deprive America of its “exorbitant privilege”?

In GreenbackEmpire, Ho-fung Hung offers a powerful account of why, even as American shares of global production, ownership, and trade continue to decline, its currency has retained the support of governments and investors around the world. For six decades, Hung shows, the dominance of the dollar has rested on the security umbrella that the US offers to the world’s wealthiest countries—including oil producers. To these countries, support for the value of the dollar is tantamount to maintaining US protection. While China has become a serious geopolitical and economic rival to the US, the Chinese state’s airtight control of its financial system has delayed the free trading of the renminbi, limiting the currency’s internationalization. In short, the same strategy that engineered growth in China’s economy is restraining its currency's rise in opposition to the dollar. Hung’s Greenback Empire is an essential history of the dollar’s prowess, indispensable for understanding the future of the global monetary system.

The world runs on the U.S. dollar. From Washington to Beijing, governments, businesses, and individuals rely on the dollar to conduct commerce and invest profitably and safely—even after the global financial meltdown in 2008 revealed the potentially catastrophic cost of the dollar's hegemony. But how did the greenback achieve this planetary dominance a mere century and a half after President Lincoln issued the first currency backed only by the credit—and credibility—of the federal government?

In Greenback Planet, acclaimed historian H. W. Brands charts the dollar's astonishing rise to become the world's principal currency. Telling the story with the verve of a novelist, he recounts key episodes in U.S. monetary history, from the Civil War debate over fiat money (greenbacks) to the recent worldwide financial crisis. Brands explores the dollar's changing relations to gold and silver and to other currencies and cogently explains how America's economic might made the dollar the fundamental standard of value in world finance. He vividly describes the 1869 Black Friday attempt to corner the gold market, banker J. P. Morgan's bailout of the U.S. treasury, the creation of the Federal Reserve, and President Franklin Roosevelt's handling of the bank panic of 1933. Brands shows how lessons learned (and not learned) in the Great Depression have influenced subsequent U.S. monetary policy, and how the dollar's dominance helped transform economies in countries ranging from Germany and Japan after World War II to Russia and China today. He concludes with a sobering dissection of the 2008 world financial debacle, which exposed the power—and the enormous risks—of the dollar's worldwide reign.

A deep ethnography on children who work in Lima, Peru, and a critique of the global anti-child labor effort.

Children juggling at traffic lights and selling candy from car to car are ubiquitous in Lima, Peru’s capital, making the country a hotspot for child labor reformers. Even when the intentions behind the anti-child labor movement are benevolent, in practice this effort affects children and their families in unexpected and often harmful ways.

Anthropologist Leigh Campoamor argues that the concept of child labor is stuck in an industrial-era framing that fails to capture the reality of working youth in the global south today. Following children who work on Lima’s streets through their daily routines, Campoamor shows how these youth—and often their mothers—become subjects of moral intervention by state institutions, NGOs, and the general public. Arguing that reformers reinforce hierarchies of race, class, gender and age in the name of children's rights, Growing Up Working shows how working youth assert agency while also performing invisible caring and affective labor that doesn't count as work under neoliberal capitalism. Campoamor follows the children at the center of her ethnography into adulthood, providing an intimate and dynamic portrait of their lives while critiquing the ways anti–child labor discourses imagine working children’s futures.

A provocative look at America’s compulsion to consume and our obsession’s surprising—and strange—origins.

In a capitalist society, people sell their labor to purchase staples like food, shelter, and anxiety medication. That’s the equation of everyday economic life that we’ve always been told is true. Except, is it really that simple anymore? No matter how unmaterialistic you may think you are, odds are that deep within is a drive to consume because it feels good: books you won’t read, clothes you won’t like and might wear even less, a replacement phone whose novelty runs out as quickly as its upgrade hits the market. But what drives this impulse?

In Growth Machines, Mark Joseph Stelzner shows how today’s consumers are now programmed by a US economy intent on infinite growth to work for goods they’ve been convinced they need and conditioned to want. Stelzner establishes the gaps between economic thinking and economic reality, arguing that consumption is no longer just a reflection of needs, but rather, it reflects a need for transaction—in many cases, a treat we seek out because it feels good. We work not only to be able to consume the essentials for living, but also to consume for consumption's sake. Yet such consumption doesn’t make us happier. Stelzner traces this strange nature of consumption to an environmental source: an economy that demands growth. To keep its economy pumping, the US must keep Americans consuming. This makes Stelzner’s book an uncomfortable reflection on how we internalize our economy. To be an American is to consume; to consume is what makes America.