Episodes

  • The Disappearance and Return of Inequality Studies in Economics

    The Disappearance and Return of Inequality Studies in Economics
    Nov 13 2024
    This is episode three Cited Podcast’s new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it’s something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty’s vision in their article “Revisiting the “Great Levelling”: The limits of Piketty’s Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr and 10 mins
  • Anne Berg, "Empire of Rags and Bones: Waste and War in Nazi Germany" (Oxford UP, 2024)

    Anne Berg, "Empire of Rags and Bones: Waste and War in Nazi Germany" (Oxford UP, 2024)
    Nov 11 2024
    Paper, bottles, metal scrap, kitchen garbage, rubber, hair, fat, rags, and bones--the Nazi empire demanded its population obsessively collect anything that could be reused or recycled. Entrepreneurs, policy makers, and ordinary citizens conjured up countless schemes to squeeze value from waste or invent new purposes for defunct or spent material, no matter the cost to people or the environment. As World War II dragged on, rescued loot--much of it waste--clogged transport routes and piled up in warehouses across Europe. Historicizing the much-championed ideal of zero waste, Anne Berg shows that the management of waste was central to the politics of war and to the genesis of genocide in the Nazi Germany. Destruction and recycling were part of an overarching strategy to redress raw material shortages, procure lebensraum, and cleanse the continent of Jews and others considered undesirable. Fostering cooperation between the administration, the party, the German Army, the SS, and industry, resource extending schemes obscured the crucial political role played by virtually all German citizens to whom salvaging, scrapping, and recycling were promoted as inherently virtuous and orderly behaviors. Throughout Nazi occupied-Europe, Jews, POWs, concentration camp inmates, and enemy civilians were forced to recycle the loot, discards, and debris of the Nazi race war. In the end, the materials that were fully exploited and the people who had been bled dry were cast aside, buried, burned, or left to rot. Nonetheless, waste reclamation did not have the power to win the war. Illuminating how the Nazis inverted the economy of value, rescuing discards and murdering people, Empire of Rags and Bones: Waste and War in Nazi Germany (Oxford UP, 2024) offers an original perspective on genocide, racial ideology, and World War II. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr and 1 min
  • Seth E. Jenny et al., "Routledge Handbook of Esports" (Routledge, 2024)

    Seth E. Jenny et al., "Routledge Handbook of Esports" (Routledge, 2024)
    Nov 9 2024
    The Routledge Handbook of Esports (Routledge, 2024) offers the first fully comprehensive, interdisciplinary study of esports, one of the fastest growing sectors of the contemporary sports and entertainment industries. Global in coverage, the book emphasizes the multifaceted nature of esports and explores the most pressing issues defining the competitive video gaming landscape today. Featuring the work of 93 leading esports academics and industry specialists from around the world, and rigorously peer-reviewed, the book is structured around ten key themes: 1) Introduction to Esports, 2) Esports Research, 3) Esports Players, 4) Esports Business and Management, 5) Esports Media and Communication, 6) Esports Education, 7) Critical Concerns in Esports, 8) Global Esports Cultures, 9) Esports Future Directions, and 10) Key Terms Definitions. Examining the current state of esports, emerging areas of interest and the ongoing debates shaping the esports industry, each of the 62 chapters offers key highlights, an assessment of the latest research, practical esports examples and recommendations, and is complemented by enlightening case studies or industry interviews. For further academic and professional depth, chapters also include a guide to recommended additional resources. Explaining technical terms and gaming jargon in a user-friendly manner, and maintaining a balanced tone throughout, this handbook is essential reading for any student or researcher with an interest in esports, gaming, or sport studies, and for any practitioner or policy-maker working in the esports industry. Rudolf Thomas Inderst (*1978) enjoys video games since 1985. He received a master’s degree in political science, American cultural studies as well as contemporary and recent history from Ludwig-Maximilians-University, Munich and holds two PhDs in game studies (LMU & University of Passau). Currently, he's teaching as a professor for game design at the IU International University for Applied Science, has submitted his third dissertation at the University of Vechta, holds the position as lead editor at the online journal Titel kulturmagazin for the game section, hosts the German local radio show Replay Value and is editor of the weekly game research newsletter DiGRA D-A-CH Game Studies Watchlist. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    36 mins
  • Why Can’t the US Compete with China in Infrastructure?

    Why Can’t the US Compete with China in Infrastructure?
    Nov 7 2024
    In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China’s Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation’s increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave’s series Studies in the Political Economy of Public Policy, and the ESRC’s peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    48 mins
  • Mara Kardas-Nelson, "We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance" (Metropolitan Books, 2024)

    Mara Kardas-Nelson, "We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance" (Metropolitan Books, 2024)
    Nov 5 2024
    In this deeply researched and compelling narrative, journalist Mara Kardas-Nelson examines the complex history and impact of microfinance - the practice of giving small loans to poor people, particularly women, that was once hailed as a revolutionary solution to global poverty. Through intimate portraits of borrowers in Sierra Leone and extensive interviews with key figures in the microfinance movement, Kardas-Nelson reveals how an idea that began with noble intentions became a multi-billion dollar industry with sometimes devastating consequences for the very people it aimed to help. We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance (Metropolitan Books, 2024) weaves together two parallel narratives: the stories of women in Sierra Leone struggling with high-interest microloans while trying to support their families, and the history of how microfinance evolved from a small experiment into a global phenomenon championed by the likes of Hillary Clinton and Muhammad Yunus. Through careful reporting and historical analysis, Kardas-Nelson explores how problematic ideologies about poverty, entrepreneurship, and individual responsibility shaped the development of microfinance programs, often overlooking local economic realities and existing informal lending practices. What makes this book particularly valuable is how it challenges conventional narratives about microfinance without dismissing the real needs that drive people to seek these loans. Through detailed portraits of women in Sierra Leone, Kardas-Nelson shows how borrowers navigate a complex web of debt, social obligations, and economic pressures. The author raises important questions about whether encouraging poor people to take on high-interest debt is truly the best way to address poverty, while also examining alternative approaches like direct cash transfers and comprehensive social services. This timely investigation offers crucial insights for anyone interested in international development, poverty alleviation, and the often unintended consequences of well-meaning interventions in the lives of the world's poor. Through meticulous reporting and thoughtful analysis, Kardas-Nelson challenges readers to think more critically about how we approach poverty alleviation and what truly constitutes meaningful economic development. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    46 mins
  • Melissa Teixeira, "A Third Path: Corporatism in Brazil and Portugal" (Princeton UP, 2024)

    Melissa Teixeira, "A Third Path: Corporatism in Brazil and Portugal" (Princeton UP, 2024)
    Nov 5 2024
    Following the Great Depression, as the world searched for new economic models, Brazil and Portugal experimented with corporatism as a “third path” between laissez-faire capitalism and communism. In a corporatist society, the government vertically integrates economic and social groups into the state so that it can manage labor and economic production. In the 1930s, the dictatorships of Getúlio Vargas in Brazil and António de Oliveira Salazar in the Portuguese Empire seized upon corporatist ideas to jump-start state-led economic development. In A Third Path: Corporatism in Brazil and Portugal (Princeton University Press, 2024), Dr. Melissa Teixeira examines these pivotal but still understudied initiatives. What distinguished Portuguese and Brazilian corporatism from other countries’ experiments with the mixed economy was how Vargas and Salazar dismantled liberal democratic institutions, celebrating their efforts to limit individual freedoms and property in pursuit of economic recovery and social peace. By tracing the movement of people and ideas across the South Atlantic, Teixeira vividly shows how two countries not often studied for their economic creativity became major centers for policy experimentation. Portuguese and Brazilian officials created laws and agencies to control pricing and production, which in turn generated new social frictions and economic problems, as individuals and firms tried to evade the rules. And yet, Teixeira argues, despite the failings and frustrations of Brazil’s and Portugal’s corporatist experiments, the ideas and institutions tested in the 1930s and 1940s constituted a new legal and technical tool kit for the rise of economic planning, shaping how governments regulate labor and market relations to the present day. This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr and 8 mins
  • Salem Elzway and Jason Resnikoff on Automation

    Salem Elzway and Jason Resnikoff on Automation
    Nov 4 2024
    Peoples & Things host, Lee Vinsel, talks with Salem Elzway, postdoctoral fellow in the Society of Fellows in the Humanities at University of Southern California, and Jason Resnikoff, assistant professor of contemporary history at the University of Groningen, about the history of automation. The discussion takes as its launching point an essay Elzway and Resnikoff published in the journal Labor titled, “Whence Automation?: The History (and Possible Futures) of a Concept.” The conversation approaches the history of automation and how to study it from a number of angles, including diving into Elzway’s and Resnikoff’s individual research agendas, as well as discussion of the nature of collaborative work in history, a field that can sometimes be all-too competitive and turf-like. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr and 21 mins
  • Justene Hill Edwards, "Savings and Trust: The Rise and Betrayal of the Freedman's Bank" (Norton, 2024)

    Justene Hill Edwards, "Savings and Trust: The Rise and Betrayal of the Freedman's Bank" (Norton, 2024)
    Nov 3 2024
    In Savings and Trust: The Rise and Betrayal of the Freedman's Bank (W. W. Norton, 2024), Justene Hill Edwards exposes how the rise and tragic failure of the Freedman’s Bank has shaped economic inequality in America. In the years immediately after the Civil War, tens of thousands of former slaves deposited millions of dollars into the Freedman’s Bank. African Americans envisioned this new bank as a launching pad for economic growth and self-determination. But only nine years after it opened, their trust was betrayed and the Freedman’s Bank collapsed. Fully informed by new archival findings, historian Justene Hill Edwards unearths a major turning point in American history in this comprehensive account of the Freedman’s Bank and its depositors. She illuminates the hope with which the bank was first envisioned and demonstrates the significant setback that the sabotage of the bank caused in the fight for economic autonomy. Hill Edwards argues for a new interpretation of its tragic failure: the bank’s white financiers drove the bank into the ground, not Fredrick Douglass, its final president, or its Black depositors and cashiers. A page-turning story filled with both well-known figures like Abraham Lincoln, Frederick Douglass, Jay and Henry Cooke, and General O. O. Howard, and less well-known figures like Dr. Charles B. Purvis, John Mercer Langston, Congressman Robert Smalls, and Ellen Baptiste Lubin. Savings and Trust is necessary reading for those seeking to understand the roots of racial economic inequality in America. Justene Hill Edwards is an associate professor of history at the University of Virginia and the author of both Unfree Markets and a forthcoming Norton Short on the history of inequality in America. She lives in Charlottesville, Virginia. Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    42 mins