New Books In Economics

Is Marx still relevant? Any social scientist will answer with a resounding yes! In what he refers to as a thought experiment, Ivan Ascher uses Marx to understand the financial market. In Portfolio Society: A Capitalist Mode of Prediction (Zone Books, 2016), Ascher focuses on the arc and narratives found in Capital, using them to analyze risk, credit, and the financial market downfall of 2008. Ascher encourages the reader to explore how we might be able to understand what is going on today by looking back at Marx’s understanding of capitalism. The reader will come across familiar characters, like moneybags and vampires, and familiar concepts from Marx, like fetishism and co-dependence within the market. The nice thing about this book is that you do not need prior knowledge of Marx or financial markets, though those who have knowledge of either or both will still find great pleasure in this thought experiment. This book would be enjoyed by sociologists or political scientists in general, alongside those i

Dominant social norms and expectations shape how individuals and their public activities are understood. In Roman antiquity, various shifts influenced the production and dissolution of prejudices towards certain types of occupations. In Trade and Taboo: Disreputable Professions in the Roman Mediterranean (University of Michigan Press, 2016), Sarah Bond, Assistant Professor of Classics at the University of Iowa, explores the legal, social, and literary modes of persecution and stigmatization of unseemly occupations and voluntary associations. One’s membership in Roman society was often regulated through reputation and social position. Criers, funerary workers, and tanners were among the many trades that were viewed as unwholesome, marginalizing these individuals from the broader community. Over time there were shifts in social perceptions of certain types of work, often catalyzed by religious communities. In our discussion we talked about taboos as an analytical category, reading soundscapes in ancient t

Labor markets are not what they used to be, as Ilana Gershon argues in Down and Out in the New Economy: How People Find (or Don’t Find) Work Today (University of Chicago Press, 2017). Job seekers are increasingly being taught that they need to sell themselves as if they were their own business, and what will set them apart from other applicants is not their skills or their experience, but the distinctiveness of their brand. Join us for a provocative discussion about how workers are being taught to position themselves to employers, and how modern labor markets, as a consequence, differ from those in the past — and why that matters. Stephen Pimpare is Senior Lecturer in the Politics & Society Program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. He is the author of The New Victorians (New Press, 2004), A People’s History of Poverty in America (New Press, 2008), winner of the Michael Harrington Award, and Ghettos, Tramps and Welfare Queens: Do

We are accustomed to the thought that individuals facing dire circumstances may rightfully take use of others’ property in order to save their own lives. For example, one thinks it obvious that in order to avoid freezing to death, a lost mountain hiker may rightfully break into and make use of a heated cabin that is not his property. But what justifies this idea? And what are its implications for a world where millions are subjected to sustained and systematic depravation? In The Right of Necessity: Moral Cosmopolitanism and Global Poverty (Rowman and Littlefield, 2016) Alejandra Mancilla defends the idea that under the current global order, those who are subject to such systematic depravation have a right to take, use, seize, and occupy what is needed in order to satisfy requirements for basic subsistence.Learn more about your ad choices. Visit megaphone.fm/adchoices

In The Space of Boredom: Homelessness in the Slowing Global Order (Duke University Press, 2017) Bruce O’Neill explores how people cast aside by globalism deal with an intractable symptom of downward mobility: an unshakeable and immense boredom. Focusing on Bucharest, Romania, where the 2008 financial crisis compounded the failures of the postsocialist state to deliver on the promises of liberalism, O’Neill shows how the city’s homeless are unable to fully participate in a society that is increasingly organized around practices of consumption. Without a job to work, a home to make, or money to spend, the homeless—who include pensioners abandoned by their families and the state—struggle daily with the slow deterioration of their lives. O’Neill moves between homeless shelters and squatter camps, black labor markets and transit stations, detailing the lives of men and women who manage boredom by seeking stimulation, from conversation and coffee to sex in public restrooms or goi

We are nearly a decade removed from the start of the Great Recession, and many indicators show that the economy is doing relatively well. But during this economic catastrophe, a significant number of people faced long-term unemployment, especially in the manufacturing sector. Jobs that were once the picture of stability and security, and that helped form a vibrant post-war middle class in the United States, disappeared as companies downsized, outsourced, and retooled. In his book, Cut Loose: Jobless and Hopeless in an Unfair Economy (University of California Press, 2015), Assistant Professor of Sociology Victor Tan Chen examines former autoworkers—perhaps the most iconic of blue-collar American jobs—and their experiences with long-term unemployment. Upon getting laid off from their jobs, these workers confront a completely different labor market from what they were used to. No longer can they succeed based solely on hard work—the idea of meritocracy that they have all embraced as an ideal. T

In his book, A Powerful Influence on Australian Affairs: A New History of the AWU (Melbourne University Publishing, 2017), Nick Dyrenfurth, Executive Director of the John Curtin Research Centre, explores the history of the nation’s oldest and most influential trade union, the AWU. Over 131 years, the Australian Workers Union has had a significant impact on Australia’s national identity and its center-left politics.Learn more about your ad choices. Visit megaphone.fm/adchoices

How should we understand markets? In Markets and the Arts of Attachment (Routledge, 2017) Franck Cochoy, Liz McFall, and Joe Deville (from University Toulouse- Jean Jaures,Open University and Lancaster University respectively) bring together essays engaging with the contemporary economic sociology to better explain how markets function. The book is published as part of the Culture, Economy, and the Social (CRESC) book series, and contains a wide range of examples and case studies on how people become ‘attached’ to, and in, markets, and how markets are deeply intertwined with sentiments and emotions. Brands, consumer finance, classic cars, call centres, advertising, dating, watches, and social media are amongst the varied, yet complimentary, set of subjects for this important new collection. The book is essential reading for anyone seeking to better understand the sociology of markets, in particular seeking to move beyond both one dimensional critiques of consumerism and purely economic narratives

What comes to mind when you think of Paris in the nineteenth century? For me, its revolutionary politics, the circulation of increasing numbers of people and goods, a range of spectacular cultural displays and amusements, an emergent urban modernity including a host of negotiations between social classes, public and private, men and women, citizens and the state. And if I had to name one historical figure to stand for the transformation of the nineteenth-century capital? Haussmann. Hands down. Alexia Yates‘s book, Selling Paris: Property and Commercial Culture in the Fin-de-siecle Capital (Harvard UP, 2015), opened my eyes to a whole other world of everyday urbanism and historical actors in the city during the first decades of the Third Republic. Acknowledging the undeniable impact of Haussmann and Haussmannization on the city that Paris became under and after the Second Empire, Selling Paris considers the activities, interests, and effects of a host of other figures who shaped the city’s property

There are as many New Deals as there are books on the subject. Yet only recently have historians begun to dig into the international dimensions of the New Deal. Kiran Klaus Patel is one of those historians, and his book, The New Deal: A Global History (Princeton University Press, 2016), is an impressive crack at showing the transnational intertwinements and comparisons that made up the New Deal’s moment. Patel locates the United States in a vast network of modernizing states who experienced a shared crisis in the years after 1929, developed national policies to address the crisis, and looked to other states in search of inspiration or out of fear. As late as 1938, for instance, Roosevelt was requesting Nazi labor statistics to help refine his own administrations planning. Patel shows how the New Deal shaped the world and, more importantly, was shaped by the world. The book provides fresh contributions to a range of different topics, such as the global Great Depression, the Good Neighbor Policy, the deve

Now and then we feature a book on New Books in Southeast Asian Studies whose author we ought to have had on the show some time ago. The Perfect Business? Anti-Trafficking and the Sex Trade Along the Mekong (University of Hawaii Press, 2012) is one such book. Sverre Molland wrote his tandem ethnography of traffickers and anti-traffickers while researching on the border of Thailand and Laos in the 2000s, after a stint in an anti-trafficking project in which the incongruities of identifying and criminalizing alleged human traffickers became all too obvious to him. Bringing an anthropological lens to the juridical and economic categories that are usually deployed both to explain and address the phenomenon of trafficking for sex, Molland shows that the premises on which anti-trafficking programs operate are unsound. The movement of women and girls in and out of the sex trade is deeply socially embedded. Only by attending to the many varied ways that recruitment into the trade occurs can it be understood. With that

A big question in Sociology regarding work and gender is: which mothers opt out of the labor force to take care of children? Popularly known as “opting out,” this trend is often seen as a mother’s personal choice rather than a decision made within a set of cultural and structural constraints in women’s everyday lives. Building upon previous work, Liana Christin Landivar‘s new book Mothers at Work: Who Opts Out? (Lynne Rienner Publishers, 2017) uses nationally representative data to inquire into who exactly is opting out and who is staying in the labor force. Most media coverage on the topic focuses on women who work in management or other professional level occupations, but Landivar’s book looks at a wide spectrum of occupations and finds that the question of who opts out is much more nuanced. She finds that investigating occupation is key for answering who is opting out. She also delves into the categorizations of work hours, giving consideration not only to part-time work

Jessie Daniels and Arlene Stein have written Going Public: A Guide for Social Scientists (University of Chicago Press, 2017). How can political scientists and other social scientists speak beyond campus walls? Through blogs, social media, and podcasts, scholars are finding new avenues for intellectual expression. In Going Public, Daniels and Stein offer careful advice for how to use these avenues and ways to avoid some of the pitfalls.Learn more about your ad choices. Visit megaphone.fm/adchoices

The book discussed here is entitled The Calculus of Happiness: How a Mathematical Approach to Life Adds Up to Health, Wealth, and Love (Princeton University Press, 2017) by Oscar Fernandez. If the thought of calculus makes you nervous, don’t worry, you won’t need calculus to enjoy and appreciate this book. Its actually an intriguing way to introduce some of the precalculus topics that will later be needed in a calculus class, through the examination of some of the basic mathematical ideas that can be used to analyze the problems of how to attain relationship bliss, live long, and prosper and all without being a Vulcan.Learn more about your ad choices. Visit megaphone.fm/adchoices

Rajan Gurukkal‘s Rethinking Classical Indo-Roman Trade: Political Economy of Eastern Mediterranean Exchange Relations (Oxford University Press, 2016) casts a critical eye over the exchanges, usually and problematically termed trade, between the eastern Mediterranean and coastal India in the classical period. Using insights from economic anthropology to recast the standard narrative of the time, the study explores ports and polity in south India as well as the different types of exchange relations in both the eastern Mediterranean and the subcontinent. A provocative, fascinating and deeply detailed study, the book is sure the shake up existing scholarship on the topic.Learn more about your ad choices. Visit megaphone.fm/adchoices

Readers will want to grab a cocktail and charcuterie board when they sit down to read Richard E. Ocejo‘s new book, Masters of Craft: Old Jobs in the New Urban Economy (Princeton University Press, 2017). Ocejo explores the performance of culture through food and drink choices as well as the rejection of mass production in craft jobs. Working in the field, Ocejo provides readers with a glimpse into the working lives of bartenders, distillery workers, butchers and barbers. Highly educated and seeking meaning in their work, more young men are moving into these traditional jobs that have turned high end. Oceojo paints a sociological landscape of work and meaning in these jobs as well as understanding around “good jobs” in the new economy. Through technical skills as well as cultural understanding, we see how these workers not only support each other in each niche community, but also help teach the customers about these ways of life. Questioning our ideas about social mobility and what is a “

In From Goodwill to Grunge: A History of Secondhand Styles and Alternative Economies (University of North Carolina Press, 2017), historian Jennifer Le Zotte examines the movement of selling secondhand goods for profit and charity. Focusing on thrift stores, flea markets, and garage sales, Le Zotte traces the history of selling used goods and clothing, from its questionable start to becoming a multimillion dollar business. In From Goodwill to Grunge, Le Zotte traces the origins of secondhand style as a political, economic, and social act. She explores the ways in which both conservative and progressive activists used secondhand clothing for political and economic gains. Starting in the early 1900s and progressing through the 1990s grunge rock scene, Le Zotte shows how buying secondhand clothing was an act of rebellion and empowerment for drag queens and war protestors as well as the use of rummage sales for religious and political activism for church groups and civil rights organizations. Extensively researche

What is a welfare state? What is it for? Does the U.S. have one? Does it work at cross-purposes to a free-market economy or is it, in fact, essential to the functioning of modern, post-industrial societies? Join us as we speak with David Garland, author of The Welfare State: A Very Short Introduction (Oxford University Press, 2016) , a whirlwind tour of the welfare state, past and present. Stephen Pimpare is Senior Lecturer in the Politics & Society Program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. He is the author of The New Victorians (New Press, 2004), A People’s History of Poverty in America (New Press, 2008), winner of the Michael Harrington Award, and Ghettos, Tramps and Welfare Queens: Down and Out on the Silver Screen (Oxford, 2017).Learn more about your ad choices. Visit megaphone.fm/adchoices

Jonathan Schlesinger‘s new book makes a compelling case for the significance of Manchu and Mongolian sources and archival sources in particular in telling the story of the Qing empire and the invention of nature in its borderlands. A World Trimmed with Fur: Wild Things, Pristine Places, and the Natural Fringes of Qing Rule (Stanford University Press, 2017) traces the history of Qing nature and its environments and institutions by focusing on three case studies from the archival record: the destruction of Manchurian pearl mussels, the rush for wild mushrooms in Mongolia, and the collapse of fur-bearing animal populations in the borderlands with Russia. This is a fascinating story for readers interested in environmental history and the Qing empire alike.Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you make taxpayers comply? Lotta Bjorklund Larsen‘s ethnography, Shaping Taxpayers: Values in Action at the Swedish Tax Agency (Berghahn Books, 2017) offers a vivid, yet nuanced account of knowledge making at one of Sweden’s most esteemed bureaucracies: the Swedish Tax Agency. In its aim to collect taxes and minimize tax faults, the Agency mediates the application of tax law to ensure compliance and maintain legitimacy in society. This volume follows one risk assessment project’s passage through the Agency, from its inception, through the research phase, in discussions with management to its final abandonment. With its fiscal anthropological approach, Shaping Taxpayers reveals how diverse knowledge claims–legal, economic, cultural–compete to shape taxpayer behaviour. Nivedita Kar is a student at the University of Southern California, having graduated from UCLA with a double major in Anthropology and Statistics and a masters degree from Northwestern University in biostatis