Economic history is, quite simply, my job: I write about it, I research it, and I’ve been teaching it for ten years at a small liberal arts college in New England. I’ve always felt that the best way to make sense of economic change is not by studying formal laws but by reading what past actors have left behind. Numbers and statistics are indispensable, but they acquire meaning only in relation to ideas and power. In any case, that’s what I take the books on this list to suggest. I think of these books—and others like them—as trusty companions. Perhaps you will, too.
One of my favorite history books of all time. Why did slavery end? This classic masterpiece still has the most compelling explanation: not because our better natures won out but because a sea change in political economy—from mercantilism to industrial capitalism—made slavery obsolete.
In my work as a historian, I still aspire to pull off something resembling Williams’s fearless, elegant, and sobering style of argument.
Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide. Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development. Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established…
I teach history at The Ohio State University. This project began when I listened in 1976 to a radio broadcast in which Jack Eddy, a solar physicist, speculated that a notable absence of sunspots in the period 1645-1715 contributed to the “Little Ice Age”: the longest and most severe episode of global cooling recorded in the last 12,000 years. The Little Ice Age coincided with a wave of wars and revolution around the Northern Hemisphere, from the overthrow of the Ming dynasty in China to the beheading of Charles I in England. I spent the next 35 years exploring how the connections between natural and human events created a fatal synergy that produced human mortality on a scale seldom seen before – and never since.
Good historical novels concentrate on gaps in the historical record, and use fiction to fill them – and in doing so, they illuminate the facts. Robinson Crusoe, the first historical novel in English (some claim the first English novel), used the story of a fictional sailor who left home in 1651 and returned in 1687 to show how the mental world in which his character grew up, riven by confessional conflict and civil war, differed from the mental world of his readers, in which colonies and capitalism had combined to produce great wealth.
Among more recent works of fiction set in the 17th century, I particularly enjoyed Günther Grass, The meeting at Telgte (1981), set in Germany in 1647; and Iain Pears An instance of the fingerpost (1997), set in Oxford in 1663. Both include real historical figures.
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As both a scholar and a citizen I have spent my adult life seeking to better understand the dynamics of power, especially power wielded in flagrantly unjust fashion in societies otherwise founded on notions of life, liberty, and happiness for all. This has led me to study the history of the economy, not just as a material but as a cultural system that encodes the categories of modern life: self and society, private and public, body and soul, and needs and desires.
Eugene Genovese was the most brilliant of a talented generation of scholars whose studies of New World slavery have since been largely deposed by a far more simplistic, black-and-white (pun intended) version of the same.
Genovese’s magnum opus, Roll, Jordan, Roll, offers an unsparing view of a reality in which neither master nor slave “could express the simplest human feelings without reference to the other,” an especially intimate form of class rule which struck a compelling contrast to the anonymity of the wage nexus increasingly prevalent in the Northern states.
These dialectics played out in a continual, if asymmetric, power struggle at the heart of plantation life, where the economy could not be separated out from racial, sexual, religious, and ideological experience, again, in stark contrast to the liberal division of social life into autonomous spheres of existence.
A testament to the power of the human spirit under conditions of extreme oppression, this landmark history of slavery in the South challenged conventional views by illuminating the many forms of resistance to dehumanization that developed in slave society.
Displaying keen insight into the minds of both enslaved persons and slaveholders, historian Eugene Genovese investigates the ways that enslaved persons forced their owners to acknowledge their humanity through culture, music, and religion. He covers a vast range of subjects, from slave weddings and funerals, to language, food, clothing, and labor, and places particular emphasis on religion as both a major…
With a graduate degree in Writing Popular Fiction (seriously, someone gave me a degree for writing an urban fantasy book), I know that genres are nothing more than marketing terms that tell bookstores which shelves to put the books on. As an author, combining genres and subverting their topes allows me to stretch their potential and tell fresh stories that might not find an easy home on a single shelf, so it’s also important for me to read and support those making the same attempts. Stories that adhere to strict reader expectations will always find a home, but I’ve always had way more fun exploring the other possibilities.
If a happy medium between those two extremes exists, you can find it in the series kicked off by this novella. If the government doesn’t demand complete control over magic, you can bet they’re still going to dedicate an agency to it. The stigma in this world against the “paranormally-abled” becomes an allegory for stigma against other minority populations, used to good effect in terms of world-building and character development. The stuffy government agent and the civilian getting caught up in a case together are another well-worn trope, but Hawk excels in breaking stereotypes through the small touches, which is important for intricate storytelling in shorter forms.
"The SPECTR series is paranormal romance with bite, for readers who’re looking for something a little extraordinary." - The Novel Approach Reviews
What happens when an exorcist falls in love with a demon he's sworn to destroy?
Caleb Jansen’s life is going from bad to worse. First he’s possessed by an opinionated vampire spirit who drinks the blood of demons, then pursued by a fundamentalist group who want him dead.
His only hope is hotshot federal exorcist John Starkweather…the last man Caleb should be falling for, and the only one he wants in his bed.
I began a mission in 1991 to help individuals and families recover from the unfairness of the financial system. I believe that understanding personal finance and having good credit is essential to living a successful life in the United States; however, most people don’t understand (because they have never been taught) even the basics. I formed a non-profit serving three states that helped tens of thousands of families and individuals get back in control of their finances, wrote a weekly column on credit and debt for Bankrate.com for 20 years, and wrote or co-wrote ten books on credit, scoring, and debt management.
I met Peter at a conference years ago and will never forget the experience. His vision of the future was unique and compelling.
I found the book, his thinking completely out of the box, and his insight into major forces changing our world without peers. Peter ties money, politics, social change, and trends together, offering a peek into the challenges and direction of the future.
Provides insight into the changes that are affecting politics, business and society itself. Business managers need to be aware of these changes in order to benefit from the opportunities that the future has to offer.
Marxian Economics and its relevance to a better world and socialism has been my passion since I became an adult. My expertise in this subject, such as it is, has been sharpened by the study of Marx and Engels’ great works, but also by the efforts of so many others since; some of whom are included in my five best books. But above all, it is the knowledge that in this world of nearly 8 billion people, most do not have a happy and fulfilling life but face daily toil and struggle to live (and die). Humanity has the power and technology to do better; we just need to organise our social and governmental structures to achieve it.
It’s a page-turner, taking us through the lives and tribulations of Karl Marx’s wife, Jenny, and her daughters, in living and working with the world’s most well-known revolutionary. It’s a rare glimpse into the human side of the formidable critic of capitalism showing him as a devoted father and husband. And above all, the book opens us up to the important but forgotten role of Jenny in the romance of revolutionary change in the mid-19th century.
Brilliantly researched and wonderfully written, LOVE AND CAPITAL is a heartbreaking and dramatic saga of the family side of the man whose works would redefine the world after his death.
Drawing upon years of research, acclaimed biographer Mary Gabriel brings to light the story of Karl and Jenny Marx's marriage. We follow them as they roam Europe, on the run from hostile governments amidst a secret network of would-be revolutionaries, and see Karl not only as an intellectual, but as a protective father and loving husband, a visionary, a jokester, a man of tremendous passions, both political and personal.
When students ask me if I am from Kentucky, I say “no, but I got here as quickly as I could.” I chose to make the state my home and raise my family here, and I have studied its history for nearly three decades. I am drawn to Kentucky’s story and the paradox it represents: on one hand, you have the Derby, rolling hills and pastures, and fine bourbon, but set against that polished, sophisticated image are the stereotypes of a lawless, illiterate, poor state. As a borderland, not quite north or south, east or west, Kentucky offers a fascinating lens through which to view the nation’s history.
Uneven Ground is a book about Appalachia, but it is also a story of American economic development and a cautionary tale about the failures of capitalism. Eastern Kentucky lies in the heart of central Appalachia, an area rich in resources but home to some of the nation’s poorest people. Eller knows more about the region’s challenges than anyone and he provides a compelling indictment of development narratives that emphasize industrialization and false promises of “progress.” His book offers hope that out-of-the-box thinking and a new definition of “the good life” can lead to healthy and more equitable communities in the mountains.
Appalachia has played a complex and often contradictory role in the unfolding of American history. Created by urban journalists in the years following the Civil War, the idea of Appalachia provided a counterpoint to emerging definitions of progress. Early-twentieth-century critics of modernity saw the region as a remnant of frontier life, a reflection of simpler times that should be preserved and protected. However, supporters of development and of the growth of material production, consumption, and technology decried what they perceived as the isolation and backwardness of the place and sought to "uplift" the mountain people through education and industrialization. Ronald…
I began this veil as a mathematics major and a first generation college student. It was not easy and I had no great plans or ambitions. I was good at math. But as I read books like these, and many others, I changed my horizons altogether, saw a place for myself and a purpose previously lacking. Economic History resembles my first love of math, but with persons and human behavior included. The latter is endlessly fascinating, as is the tendency of “experts” to misread and make broad assumptions that I, ever skeptical, wish to test where I can. I like being engaged intellectually for its own sake, and, from books like Tristram Shandy, have always endeavored to take my work seriously, but not myself as a human being.
The book is, like the others I have recommended, decidedly distinctive and untraditional. It traces the convoluted history of capitalist thought prior to its advent (which is itself the subject of ceaseless debate). Reducing forces to “passion” and “order” made me look at a complicated subject in a new way.
In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the pursuit of material interests--so long condemned as the deadly sin of avarice--was assigned the role of containing the unruly and destructive passions of man. Hirschman here offers a new interpretation for the rise of capitalism, one that emphasizes the continuities between old and new, in contrast to the assumption of a sharp break that is a common feature of both Marxian and Weberian thinking. Among the insights presented here is the ironical finding that capitalism…
I became fascinated with geography as a teenager and spent my life studying it. I always wanted to understand how we transform our planet, for better or worse. Part of this is understanding what happens in particular localities, which I have been able to look at closely by visiting places across all continents (except Antarctica). Part of it is understanding how the complex relations between human society and everything else shape global futures. My long-standing passion, however, has been understanding how what happens in one locality is shaped by its evolving connections with the rest of the world. These books pushed me to see the world differently through these connections.
Having long wondered about how our world has been shaped by such commodities as tea, coffee, and sugar, I was fascinated by this carefully researched study of how cotton has shaped our world since the first cotton clothing 5,000 years ago in (what is now called) Pakistan.
The great thing about this book is its global reach, following cotton around the world as folks learned how to use it. While this is serious academic research, the author’s ability to relate local lives and key individuals to the broader forces shaping the globalizing cotton market keeps the story humming along.
I learned how British military power was key to Britain’s ability to relocate the global heart of cotton textile production from India to Manchester, boosting European wealth by deindustrializing India—a reminder that who wins and loses crucially depends on political power, not just market forces.
WINNER OF THE BANCROFT PRIZE • A Pulitzer Prize finalist that's as unsettling as it is enlightening: a book that brilliantly weaves together the story of cotton with how the present global world came to exist.
“Masterly … An astonishing achievement.” —The New York Times
The empire of cotton was, from the beginning, a fulcrum of constant global struggle between slaves and planters, merchants and statesmen, workers and factory owners. Sven Beckert makes clear how these forces ushered in the world of modern capitalism, including the vast wealth and disturbing inequalities that are with us today.
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…
