Here are 100 books that The Moral Economy fans have personally recommended if you like
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I have long found it mysterious how we can live in what is truly one interconnected global order. Traders, merchants, deal-makers have long been viewed with suspicion. I wrote Compass of Societyto explore how one country, France, with its tradition of land-based elites, could contemplate remaking itself as a “commercial society.” Adam Smith said that even in his time, everyone “becomes in some measure a merchant, and the society itself... a commercial society.” Revisionists are finding high levels of commercialization even in premodern China and India. In this list, I picked five of my favorite books that reshaped our understanding of where European “capitalism” came from.
Though not bursting with colorful anecdotes, this book is absolutely authoritative, and along with the author’s journal articles, it transformed our understanding of medieval life in at least three ways. It showed how pervasive the monetary exchange of goods and services was in the so-called age of feudalism. It demonstrated the importance of informal modes of exchange, away from the publicly visible formal markets. And it went far toward clarifying how, when, and for what purpose monetary exchange took place in a society dominated by vertical bonds of personal loyalty and reciprocity.
The Commercialisation of English Society offers an interpretation of social and economic change in England over five centuries. By 1500 English livelihoods depended more upon money and commercial transactions than ever before; the institutional framework of markets had been transformed and urban development was more pronounced. These changes were not, however, caused by any unilinear development of population, output or money supply. This pioneering study examines both institutional and economic transformation and the social changes that resulted and stresses the limited importance of formal trading institutions for the development of local trade. Commercial transition is throughout analysed from a broader…
I have long found it mysterious how we can live in what is truly one interconnected global order. Traders, merchants, deal-makers have long been viewed with suspicion. I wrote Compass of Societyto explore how one country, France, with its tradition of land-based elites, could contemplate remaking itself as a “commercial society.” Adam Smith said that even in his time, everyone “becomes in some measure a merchant, and the society itself... a commercial society.” Revisionists are finding high levels of commercialization even in premodern China and India. In this list, I picked five of my favorite books that reshaped our understanding of where European “capitalism” came from.
By the sixteenth century, the desire for exchange had only grown, but the money available for it had not kept pace. In this classic study, the English historian Craig Muldrew uses sources such as probate inventories and borough courts to show how resourceful people at all income and wealth levels were at pursuing their deals—for labor, services, or goods of all kinds. People, it turns out, coped largely with a lick and a promise. Debt, sometimes formal but often based on oral reckoning, was far more central to daily transactions than we might imagine. And even the humblest people could use the court system resourcefully to advance their interests.
This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit, resulting from the way in which it was economically structured. It is a major argument of the book that money was used only in a limited number of exchanges, and that credit in terms of household reputation, was a 'cultural currency' of trust used to transact most business. As the market expanded in the late-sixteenth century such trust became harder to maintain, leading to an explosion of debt litigation,…
I have long found it mysterious how we can live in what is truly one interconnected global order. Traders, merchants, deal-makers have long been viewed with suspicion. I wrote Compass of Societyto explore how one country, France, with its tradition of land-based elites, could contemplate remaking itself as a “commercial society.” Adam Smith said that even in his time, everyone “becomes in some measure a merchant, and the society itself... a commercial society.” Revisionists are finding high levels of commercialization even in premodern China and India. In this list, I picked five of my favorite books that reshaped our understanding of where European “capitalism” came from.
Though sometimes described as a “textbook,” this authoritative, lucidly written, and altogether reliable synthesis—covering much of Europe—is actually a fine way to learn about the guild masters who dominated pre-industrial labor. Their paradoxical condition comes through clearly: employers and employees, they were at once seamlessly integrated into the social hierarchy and ruthlessly exclusionary toward outsiders. They touted a timeless, divinely sanctioned order, while also being true wheelers and dealers for their own honor and interests, leading to levels of entrepreneurship and inequality amongst their own ranks that would surprise many.
This book is a survey of the history of work in general and of European urban artisans in particular, from the late middle ages to the era of industrialization. Unlike traditional histories of work and craftsmen, this book offers a multi-faceted understanding of artisan experience situated in the artisans' culture. It treats economic and institutional topics, but also devotes considerable attention to the changing ideologies of work, the role of government regulation in the world of work, the social history of craftspeople, the artisan in rebellion against the various authorities in his world, and the ceremonial and leisure life of…
Marriage and Fatherhood in the Nazi SS
by
Amy Carney,
When I was writing this book, several of my friends jokingly called it the Nazi baby book, with one insisting it would make a great title. Nazi Babies – admittedly, that is a catchy title, but that’s not exactly what my book is about. SS babies would be slightly more…
I have long found it mysterious how we can live in what is truly one interconnected global order. Traders, merchants, deal-makers have long been viewed with suspicion. I wrote Compass of Societyto explore how one country, France, with its tradition of land-based elites, could contemplate remaking itself as a “commercial society.” Adam Smith said that even in his time, everyone “becomes in some measure a merchant, and the society itself... a commercial society.” Revisionists are finding high levels of commercialization even in premodern China and India. In this list, I picked five of my favorite books that reshaped our understanding of where European “capitalism” came from.
At one point in her excellent study, the author writes, “Generations of historians have painted the industrial revolution in relentlessly dark colours: a force which was wholly destructive for the poor, remorseless, unforgiving in its grinding down of the independent labourer of old. This, clearly, is not the assessment of those who lived through it.” The basis of her claim is a survey of over three hundred autobiographies written by English laborers of the time. Though she expected her readers to be surprised, since workers are famously supposed to be the leading rebels against the onset of “capitalism,” those who have read the other titles on my list will be less surprised. Their messy and eclectic array of passions and interests will seem altogether familiar.
This remarkable book looks at hundreds of autobiographies penned between 1760 and 1900 to offer an intimate firsthand account of how the Industrial Revolution was experienced by the working class. The Industrial Revolution brought not simply misery and poverty. On the contrary, Griffin shows how it raised incomes, improved literacy, and offered exciting opportunities for political action. For many, this was a period of new, and much valued, sexual and cultural freedom. This rich personal account focuses on the social impact of the Industrial Revolution, rather than its economic and political histories. In the tradition of best-selling books by Liza…
The Spirit of Capitalism: Nationalism and Economic Growth is the second volume of my nationalism trilogy. When I published the first volume,Nationalism: Five Roads to Modernity, the accepted view on the subject of nationalism was that it is a product of economic development, specifically, of industrialization and capitalism. On the basis of historical evidence, I proved that its emergence had nothing to do with these economic phenomena: in fact, it preceded both. Reviews of Nationalism, noting that, for this reason, economic developments could not have caused nationalism, raised the question what relationship, then, did exist between nationalism and the economy, and this led me to investigate it.
This book is a rare attempt by an eminent economic historian to examine cultural determinants of economic growth and answer the question whyit happens, which distinguishes it sharply from the discipline’s exclusive focus on how it proceeds.
Landes, in other words, disentangles the explanation of causes from the preoccupation with the process, which is why I recommend this book.
Now that the old division of the world into the two power blocs of East and West has subsided, the great gap in wealth and health that separates North and South remains the single greatest problem and danger facing the world of the Third Millennium. The only challenge of comparable scope and difficulty is the threat of the environmental deterioration, and the two are intimately connected, indeed are one. David Landes argues that the North-South division is the great drama of our times, and that drama implies tension, passion, conflict and disappointment as well as happy outcomes. While Landes does…
Bann Seng Tan is an Assistant Professor of Political Science and International Relations at Ashoka University. His research interests are on the causes and effects of democratization, the politics of foreign aid, the political economy of natural disasters, aid in decentralization, resurgent authoritarianism, and the democratic peace. His policy proclivities revolve around the defence of the liberal world order. Democracy promotion is but one way to push against authoritarianism.
Development aid is a type of foreign aid that is directed at the economic development of recipient countries. The failures of government-to-government development aid in Africa are Moyo’s focus. She notes that Africa is the only region that is regressing in major socio-economic indicators. She argues such aid distorts African economies, enables corruption, and incubates a culture of aid dependency. African governments can afford not to provide public goods because their revenue is guaranteed by development aid. To remedy such externalities, Moyo wants to end development aid to Africa. Instead of aid, she prefers free trade with the West and foreign investment from China. This book is remarkable for its willingness to challenge the conventions in development aid. Sometimes, we need to call a spade a spade.
In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse.
In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In…
An Italian Feast celebrates the cuisines of the Italian provinces from Como to Palermo. A culinary guide and book of ready reference meant to be the most comprehensive book on Italian cuisine, and it includes over 800 recipes from the 109 provinces of Italy's 20 regions.
I’ve been studying China for almost 60 years and have visited the country 40 times. Around 1990 I became aware of the sad situation of migrants from the countryside trying to move to cities to earn a better living. There they are met with low wages, poor living conditions, and discrimination. I spent 6 or 7 years interviewing them and writing about them and the book I wrote won a prize for the best book on 20th century China published in 1999. Then I learned about the workers who were laid off as China modernized, and went to talk with them. The present book is full of empathy and concern for these people.
This book, first published in 1989 and then reprinted in 2013, interprets policy and market developments in the early 21st century.
It debunks a perspective that would blame the poor themselves for their own plight and instead explores both cultural and biological causes for poverty. The author provides us with many angles from which to understand why people are poor in America and how poverty is perceived and handled. A lot of the book shows readers how things are for the poor where they live, at the grass-roots level.
First published in 1989, The Undeserving Poor was a critically acclaimed and enormously influential account of America's enduring debate about poverty. Taking stock of the last quarter century, Michael B. Katz's new edition of this classic is virtually a new book. As the first did, it will force all concerned Americans to reconsider the foundations of our policies toward the poor, especially in the wake of the Great Recession that began in 2008.
Katz highlights how throughout American history, the poor have been regarded as undeserving: people who do not deserve sympathy because they brought their poverty on themselves, either…
Two weeks before qualifying for his 30-year pension benefits, my father lost his job. This corporate reduction in labor force introduced a debilitating shame to the displaced breadwinner and a new level of precarity to a family with 3 of 4 kids in college. It also shattered the myth that capitalism rewarded individual initiative and hard work. Understanding inequities and the manifold structural forces that can determine an individual’s life prospects became a focal point of my graduate studies and my four decades of university teaching. Using race, gender, and sexuality as analytical tools, my research enriched traditional approaches to political economy.
As economic inequality has grown exponentially over the past five decades, some of the dispossessed have rebelled.
Focusing on mobilizations in Brazil, Mexico, and Salvador, Gledhill demonstrates how struggles for social justice are transformed into “threats” to national security, which require “securitization” measures. Through intricate ethnographies, the book documents the deployment of the police, military, and paramilitary to quell domestic disputes.
Protests by students, laborers, migrants, Indigenous, the poor, environmentalists, and human rights activists are subjected to police “pacification” involving state violence, criminalization, incarceration, and sometimes death.
Situating securitization in the context of transnational and global relations generated by capitalist uneven development, Gledhill argues that the logic of capitalist accumulation in the current era is inseparable from repressive violence against “inconvenient” populations.
When viewed from the perspective of those who suffer the consequences of repressive approaches to public security, it is often difficult to distinguish state agents from criminals. The mistreatment by police and soldiers examined in this book reflects a new kind of stigmatization.
The New War on the Poor links the experiences of labour migrants crossing Latin America's international borders, indigenous Mexicans defending their territories against capitalist mega-projects, drug wars and paramilitary violence, Afro-Brazilians living on the urban periphery of Salvador, and farmers and business people tired of paying protection to criminal mafias. John Gledhill looks at how and why…
What are some countries rich and others are poor? I strongly believe that this is the most important question for modern economics. I've become an economist to understand this. I am happy that in recent decades economists – working closely together with other social scientists – have made so much progress in this field. And this is not abstract knowledge – it is being applied already to help developing countries catch up with the rich world. I have seen it myself when I took a leave from academia to work as a Chief Economist of a development bank (European Bank for Reconstruction and Development) – to learn more from and to contribute to this work.
This is a bestselling book that tackles the most important question in economics: why some countries are rich, and some are poor.
This well-written and convincing book provides a very broad and accessible overview of history of successful and failing societies. It argues that inclusive democratic institutions deliver better economic outcomes than authoritarian ones.
Given that this view is based on recent research in political economy and development economics – including the authors’ own groundbreaking work – this is a must-read for all advocates of liberal democracy who want to have quantitative arguments and historical narratives to stand up to the rise of authoritarianism around the world.
I teach political economy of development. My job is to explain to the students why some countries are rich and others are poor.
Acemoglu and Robinson is a wonderful and accessible textbook. Students love it – even if they often argue with the…
Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Award 2012.
Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics Daron Acemoglu and James A. Robinson show that to invest and prosper, people need to know that if they work hard, they can make money…
Seeing couples that are still in love after being with one another for 50+ years has always warmed my heart. Seeing my grandparents hold one another’s hands and look at each other with love always made me hopeful to find such a love. I have not been blessed to have that kind of love in my life (yet) but that does not stop me from looking for it and finding it in books. The characters in my favorite books are ones I identify with on some level. They are loyal, do not give up and they love wholeheartedly, even if they make some missteps along the way, the end destination always ends up being deeply in love. And I love cheering on characters when they deal with everyday issues and roadblocks on this journey of love.
This book made me smile, ugly cry, laugh, feel upset, feel hopeful and it gave me goosebumps. I loved everything that it made me feel. The hero made an enormous sacrifice for the heroine without telling her. Misunderstandings and this secret ultimately placed them on separate paths, but when fate places them in the same place years later, it's magic. It is a story about second chances, about the flame of true love never going out, and about facing one’s biggest fear and facing it daily for the person you love.
A full-length, standalone romance from the New York Times bestselling author of Archer's Voice. Dirt poor. Hillbilly. Backwoods hick. Mountain folk. Tenleigh Falyn struggles each day to survive in a small, poverty-stricken, coal mining town where she lives with her sister and mentally ill mother. Her dream of winning the college scholarship given to one student by the local coal company and escaping the harshness of her life, keeps her going. Kyland Barrett lives in the hills, too, and has worked tirelessly—through near starvation, through deep loneliness, against all odds—to win the Tyton Coal Scholarship and leave the town that…
