The Economic History podcast is a platform for sharing knowledge, ideas and new research with a general interest audience. Each fortnight, we meet leading academics in the field and discuss a range of topics, including pandemics, long run economic growth, gender issues, financial crises, inequality, sustainable development and a number of weird and fun economic experiments in history. There is no time like the past to help us understand the present.
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A rare collection of eight Murray N. Rothbard lectures.
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Interviews with scholars of the economic and business history about their new books
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History of Economic Thought, History of Economics, History of Economic Ideas, Philosophy of Economics, Political Economy, Economics
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Podcasts from the Oxford Centre for Economic and Social History
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Murray Rothbard died before he could write the third volume of his famous History of Economic Thought, which would cover the birth and development of the Austrian School, through the Keynesian Revolution and Chicago School. With this six-lecture course, however, the History of Economic Thought is complete. Download the complete audio of this event (ZIP) here.
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איך כלכלנים חושבים על אנשים? האם הם נסמכים על עובדות או מונעים מאידיאולוגיה? האם הם מושפעים מאופנות או נאמנים לעקרונות מדעיים? וכיצד האופן בו הם חושבים ומבינים בני אדם משפיע על ההמלצות למדיניות? או במילים אחרות: על החיים שלנו? הפודקאסט הזה מספר את סיפור חייו של המין הכלכלי, הרעיון המהפכני שאיפשר לתאר את האדם כיצור כלכלי. נשמע כיצד לאורך ההיסטוריה הסתכלו כלכלנים על האדם באופנים שונים, וכיצד אופנים אלה הושפעו ממגמות חברתיות, מדעיות, פוליטיות וכלכליות. אבל הסיפור המענין במיוחד הוא כיצד האופן בו ...
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Raphael Chijioke Njoku, "Queen Elizabeth II and the Africans: Narrating Decolonization, Postwar Commonwealth, and Africa’s Development, 1947-2022" (Leuven UP, 2024)
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1:09:12The road to Queen Elizabeth II’s implementation of African reforms was rough, especially in the first two decades following her ascension to the throne. In Queen Elizabeth II and the Africans (Leuven UP, 2024), Raphael Chijioke Njoku examines Queen Elizabeth II’s role in the African decolonization trajectories and the postcolonial state’s quest for…
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Xiangli Ding, "Hydropower Nation: Dams, Energy, and Political Changes in Twentieth-Century China" (Cambridge UP, 2024)
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41:43As a rising infrastructure powerhouse, China has the largest electricity generation capacity in the world today. Its number of large dams is second to none. In Hydropower Nation: Dams, Energy, and Political Changes in Twentieth-Century China (Cambridge UP, 2024), Xiangli Ding provides a historical understanding of China's ever-growing energy demand…
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Philip Howell, "Pub" (Bloomsbury, 2025)
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40:59The pub is an English institution. Yet its history has been obscured by myth and nostalgia. In Pub (Bloomsbury, 2025) a new addition to the Object Lessons series, Dr. Philip Howell takes the public house as an object, or rather as a series of objects: he takes the pub apart and examines its constituent elements, from pub signs to the bar staff to t…
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Rebecca Haw Allensworth, "The Licensing Racket: How We Decide Who Is Allowed to Work, and Why It Goes Wrong" (Harvard UP, 2025)
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55:28When we think about "red tape" and the cost of regulation it's hard to overstate the impact of professional licensing. According to Professor Rebecca Haw Allensworth, it's bigger than unions and more expensive than sales taxes. Millions of American workers are required - by law - to obtain a license in order to work. This barrier of entry depends o…
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Michael Albertus, "Land Power: Who Has It, Who Doesn't, and How That Determines the Fate of Societies" (Basic Books, 2025)
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40:25For millennia, land has been a symbol of wealth and privilege. But the true power of land ownership is even greater than we might think. In Land Power: Who Has It, Who Doesn't, and How That Determines the Fate of Societies (Basic Books, 2025), political scientist Michael Albertus shows that who owns the land determines whether a society will be equ…
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Katie Beisel Hollenbach, "The Business of Bobbysoxers: Cultural Production in 1940s Frank Sinatra Fandom" (Oxford UP, 2024)
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49:29The Business of Bobbysoxers: Cultural Production in 1940s Frank Sinatra Fandom (Oxford University Press, 2024) by Dr. Katie Beisel Hollenbach reconsiders the story of American popular music, celebrity following, and fan behavior during World War II through close examination of “bobbysoxers.” Preserved in popular memory as primarily white, hysterica…
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Zai Liang. "From Chinatown to Every Town: How Chinese Immigrants Have Expanded the Restaurant Business in the United States" (U California Press, 2023)
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1:03:16From Chinatown to Every Town: How Chinese Immigrants Have Expanded the Restaurant Business in the United States (University of California Press, 2024) by Dr. Zai Liang explores the recent history of Chinese immigration within the United States and the fundamental changes in spatial settlement that have relocated many low-skilled Chinese immigrants …
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Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)
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1:11:26Misery beneath the Miracle in East Asia (Cornell University Press, 2024) challenges prevailing views of the East Asian economic miracle. Existing scholarship has overlooked the severity, persistence, and harmful consequences of the social-welfare crises affecting the region. Dr. Arvid J. Lukauskas and Dr. Yumiko Shimabukuro fill this gap and put a …
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Rosemary Wakeman, "The Worlds of Victor Sassoon: Bombay, London, Shanghai, 1918–1941" (U Chicago Press, 2024)
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49:18The 1920s and 1930s were a period of cosmopolitan globalization–and no one, perhaps, exemplified it more than Victor Sassoon, business tycoon, trader and industrialist. He’s the subject of Rosemary Wakeman’s latest book The Worlds of Victor Sassoon: Bombay, London, Shanghai, 1918–1941 (U Chicago Press, 2024) which traces Victor’s journey through th…
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Sophia Rosenfeld, "The Age of Choice: A History of Freedom in Modern Life" (Princeton UP, 2025)
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37:30Choice touches virtually every aspect of our lives, from what to buy and where to live to whom to love, what profession to practice, and even what to believe. But the option to choose in such matters was not something we always possessed or even aspired to. At the same time, we have been warned by everybody from marketing gurus to psychologists abo…
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Sarah E. Bond, "Strike: Labor, Unions, and Resistance in the Roman Empire" (Yale UP, 2024)
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1:19:55Historian Sarah E. Bond retells the traditional story of Ancient Rome, revealing how groups of ancient workers unified, connected, and protested as they helped build an empire From plebeians refusing to join the Roman army to bakers withholding bread, this is the first book to explore how Roman workers used strikes, boycotts, riots, and rebellion t…
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Lionel Barber, "Gambling Man: The Wild Ride of Japan’s Masayoshi Son" (Atria, 2024)
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33:30As Wall Street swooned and boomed through the last decade, our livelihoods have—now more than ever—come to rely upon the good sense and risk appetites of a few standout investors. And amidst the BlackRocks, Vanguards, and Berkshire Hathaways stands arguably the most iconoclastic of them all: SoftBank’s Masayoshi Son. In Gambling Man: The Wild Ride …
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Joel Z. Garrod, "Royal Histories: The Transformation of the Royal Bank of Canada, 1864-2022" (U Toronto Press, 2025)
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57:34In this engaging interview, young scholar Dr, Joel Z. Garrod explains his book's main argument, with a personal touch. In Royal Histories: The Transformation of the Royal Bank of Canada, 1864-2022 (U Toronto Press, 2025), Garrod presents a historical analysis of the Royal Bank of Canada, illustrating how Canadian capitalism and the Canadian banking…
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Kim Pernell, "Visions of Financial Order: National Institutions and the Development of Banking Regulation" (Princeton UP, 2024)
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1:02:09The global financial crisis of the late 2000s was marked by the failure of regulators to rein in risk-taking by banks. And yet regulatory issues varied from country to country, with some national financial regulatory systems proving more effective than others. In Visions of Financial Order: National Institutions and the Development of Banking Regul…
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Enrico Ciappi, "Building Europe in New York: From the Munich Conference to the European Coal and Steel Community (1938-1952)" (Routledge, 2025)
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48:14Today’s European Union grew out of functional communities set up in the wake of world war in the 1950s. It would shock the new White House intake to learn that the wartime American political class lobbied hard for a postwar United States of Europe. The role of US officials in building Europe’s first community – one for the coal and steel industries…
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Richard Vague, "The Paradox of Debt: A New Path to Prosperity Without Crisis" (U Pennsylvania Press, 2023)
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39:38When we talk about debt and its impact on our economy, we almost always mean “government debt.” However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In The Paradox of Debt: A New Path to Prosperity Without Crisis (U Pennsylvania P…
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A. G. Hopkins, "Capitalism in the Colonies: African Merchants in Lagos, 1851–1931" (Princeton UP, 2024)
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54:37In Capitalism in the Colonies: African Merchants in Lagos, 1851–1931 (Princeton UP, 2024), A. G. Hopkins provides the first substantial assessment of the fortunes of African entrepreneurs under colonial rule. Examining the lives and careers of 100 merchants in Lagos, Nigeria, between 1850 and 1931, Hopkins challenges conventional views of the contr…
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Adam Franklin-Lyons, "Shortage and Famine in the Late Medieval Crown of Aragon" (Penn State Press, 2022)
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1:01:44Adam Franklin-Lyons joins Jana Byars to talk about Shortage and Famine in the Late Medieval Crown of Aragon (Penn State Press, 2022). In the late fourteenth century, the medieval Crown of Aragon experienced a series of food crises that created conflict and led to widespread starvation. Adam Franklin-Lyons applies contemporary understandings of comp…
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Lennard J. Davis, "Poor Things: How Those with Money Depict Those Without It" (Duke UP, 2024)
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1:12:08For generations most of the canonical works that detail the lives of poor people have been created by rich or middle-class writers like Charles Dickens, John Steinbeck, or James Agee. This has resulted in overwhelming depictions of poor people as living abject, violent lives in filthy and degrading conditions. In Poor Things: How Those with Money D…
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Alan Bollard, "Economists in the Cold War: How a Handful of Economists Fought the Battle of Ideas" (Oxford UP, 2023)
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1:08:06Economists in the Cold War: How a Handful of Economists Fought the Battle of Ideas (Oxford UP, 2023) is an account of the economic drivers and outcomes of the Cold War, told through the stories of seven international economists, who were all closely involved in theory and policy in the period 1945-73. For them, the Cold War was a battle of economic…
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Ellen Hartigan-O'Connor, "America Under the Hammer: Auctions and the Emergence of Market Values" (U Pennsylvania Press, 2024)
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44:09As the first book-length study of auctions in early America, America Under the Hammer: Auctions and the Emergence of Market Values (U Pennsylvania Press, 2024) follows this ubiquitous but largely overlooked institution to reveal how, across the eighteenth and early nineteenth centuries, price became an accepted expression of value. From the earlies…
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Michael Tondre, "Oil" (Bloomsbury, 2024)
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45:10Black gold. Liquid sunlight. Texas tea. Oil remains the ur-commodity of our global era, having been distilled from ancient algae and marine life to turn modernity's wheels. Wars are fought over it. Some communities are displaced by its extraction, so that others may reap its benefits. But despite its heated history, few will ever see oil on the gro…
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Andy Wightman, "The Poor Had No Lawyers: Who Owns Scotland and How They Got it" (Birlinn, 2025)
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57:38Who owns Scotland? How did they get it? What happened to all the common land in Scotland? Has the Scottish Parliament made any difference? Can we get our common good land back? In this updated edition of The Poor Had No Lawyers: Who Owns Scotland and How They Got it (Birlinn, 2024), Andy Wightman updates the statistics of landownership in Scotland …
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Brigid Schulte, "Over Work: Transforming the Daily Grind in the Quest for a Better Life" (Henry Holt, 2024)
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1:03:39Following Overwhelmed, Brigid Schulte's groundbreaking examination of time management and stress, the prizewinning journalist now turns her attention to the greatest culprit in America's quality-of-life crisis: the way our economy and culture conceive of work. Americans across all demographics, industries, and socioeconomic levels report exhaustion…
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Steven King, "Fraudulent Lives: Imagining Welfare Cheats from the Poor Law to the Present" (McGill Queen's UP, 2024)
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49:52The Western welfare state model is beset with structural, financial, and moral crises. So-called scroungers, cheats, and disability fakers persistently occupy the centre of public policy discussions, even as official statistics suggest that relatively small amounts of money are lost to such schemes. In Fraudulent Lives: Imagining Welfare Cheats fro…
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Duncan Mavin, "Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse" (Pegasus Books, 2024)
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39:25Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse (Pegasus Books, 2024) is a great business history book. It meticulously chronicles the story of a large and once revered Swiss Bank, Credit Suisse, from its foundation in 1856 until how a series of scandals, driven by a culture of greed and entitlement among its bankers, led to the bank´s …
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James Michael Buckley, "City of Wood: San Francisco and the Architecture of the Redwood Lumber Industry" (U Texas Press, 2024)
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45:57California’s 1849 gold rush triggered creation of the “instant city” of San Francisco as a to base exploit the rich natural resources of the American West. City of Wood: San Francisco and the Architecture of the Redwood Lumber Industry (University of Texas Press, 2024) examines how capitalists and workers logged the state’s vast redwood forests to …
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Elizabeth L. Block, "Beyond Vanity: The History and Power of Hairdressing" (MIT Press, 2024)
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38:48In the nineteenth century, the complex cultural meaning of hair was not only significant—it could affect one’s place in society. After the Civil War, hairdressing was a growing profession and the hair industry a mainstay of local, national, and international commerce. In Beyond Vanity: The History and Power of Hairdressing (MIT Press, 2024), Elizab…
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Jesper Juul, "Too Much Fun: The Five Lives of the Commodore 64 Computer" (MIT Press, 2024)
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36:40The surprising history of the Commodore 64, the best-selling home computer of the 1980s—the machine that taught the world that computing should be fun. The Commodore 64 (C64) is officially the best-selling desktop computer model of all time, according to The Guinness Book of World Records. It was also, from 1985 to 1993, the platform for which most…
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Brett Bannor, "American Sheep: A Cultural History" (U Georgia Press, 2024)
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31:55Why did Thomas Jefferson write that he would be happy if all dogs went extinct? What economic opportunity did attorney John Lord Hayes envision for the newly emancipated during Reconstruction? What American workers were mocked by Theodore Roosevelt as “morose, melancholy men”? What problems with revenue collection did Congressman James Beauchamp Cl…
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Patrick Dixon, "Nuggets of Gold: Further Processed Chicken and the Making of the American Diet" (U Georgia Press, 2024)
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1:06:31For McDonald’s, the Chicken McNugget, the flagship product of further processed chicken, represented a once-in-a-generation innovation, a snack item that quickly evolved into a meal, spawned a legion of imitators, and gained a large share of the global poultry market. Yet, almost as soon as the McNugget made its North American debut, it quickly bec…
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Edward Jones Corredera, "Odious Debt: Bankruptcy, International Law, and the Making of Latin America" (Oxford UP, 2024)
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48:25What are fallen tyrants owed? What makes debt illegitimate? And when is bankruptcy moral? Drawing on new archival sources, this book shows how Latin American nations have wrestled with the morality of indebtedness and insolvency since their foundation, and outlines how their history can shed new light on contemporary global dilemmas. With a focus o…
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Dayne C. Riley, "Consuming Anxieties: Alcohol, Tobacco, and Trade in British Satire, 1660-1751" (Bucknell UP, 2024)
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47:29Writers of the late seventeenth and early eighteenth centuries—a period of vast economic change—recognized that the global trade in alcohol and tobacco promised a brighter financial future for England, even as overindulgence at home posed serious moral pitfalls. Consuming Anxieties: Alcohol, Tobacco, and Trade in British Satire, 1660-1751 (Bucknell…
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Alex Cuadros, "When We Sold God's Eye: Diamonds, Murder, and a Clash of Worlds in the Amazon" (Grand Central Publishing, 2024)
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29:10Growing up in a remote corner of the world’s largest rainforest, Pio, Maria, and Oita learned to hunt wild pigs and tapirs, and gathered Brazil nuts and açaí berries from centuries-old trees. The first highway pierced through in 1960. Ranchers, loggers, and prospectors invaded, and the kids lost their families to terrible new weapons and diseases. …
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Joshua Brinkman on American Farming Culture and the History of Technology
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1:30:40Peoples & Things host, Lee Vinsel, talks with Joshua Brinkman, Assistant Teaching Professor of Science, Technology, and Society at North Carolina State University, about his book, American Farming Culture and the History of Technology (Routledge, 2024). The book provides a fascinating exploration about how American farmers–contrary to their image a…
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Devin Fergus, “Land of the Fee: Hidden Costs and the Decline of the American Middle Class” (Oxford UP, 2018)
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45:05Politicians, economists, and the media have put forth no shortage of explanations for the mounting problem of wealth inequality – a loss of working class jobs, a rise in finance-driven speculative capitalism, and a surge of tax policy decisions that benefit the ultra-rich, among others. While these arguments focus on the macro problems that contrib…
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Austin Dean, "China and the End of Global Silver, 1873–1937" (Cornell UP, 2020)
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1:27:06In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national currency; there was not one monetary standard but many. Silver coins circulated alongside chunks of silver and every transaction became an "encounter of wits."…
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Joshua D. Rothman, "The Ledger and the Chain: How Domestic Slave Traders Shaped America" (Basic Book, 2021)
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49:55Joshua Rothman’s The Ledger and the Chain: How Domestic Slave Traders Shaped America was published by Basic Books in 2021, and tells a sprawling history of slave traders in America. Often presented as outcasts and social pariahs, slave traders were often instead wealthy and respected members of their communities. Rothman explores the lives and care…
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Jean Burgess and Nancy K. Baym, "Twitter: A Biography" (NYU Press, 2020)
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43:29As Twitter enters its own adolescence, both the users and the creators of this famous social media platform find themselves engaging with a tool that certainly could not have been imagined at its inception. In their engaging book Twitter: A Biography (NYU Press, 2020), Jean Burgess and Nancy K. Baym (@nancybaym) tell the fascinating and surprising …
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Benjamin T. Smith, "The Dope: The Real History of the Mexican Drug Trade" (W. W. Norton, 2021)
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46:39For over a century Mexico has been embroiled in a drug war dictated by the demands of their neighbor to the north. In The Dope: The Real History of the Mexican Drug Trade (W. W. Norton, 2021), Benjamin T. Smith offers a history of the trade and its effects upon the people of Mexico. As he reveals, at the start of the 20th century drugs such as mari…
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Shannan Clark, "The Making of the American Creative Class: New York's Culture Workers and 20th-Century Consumer Capitalism" (Oxford UP, 2020)
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1:06:48During the middle decades of the twentieth century, the production of America’s consumer culture was centralized in New York to an extent unparalleled in the history of the United States. Every day tens of thousands of writers, editors, artists, performers, technicians, and secretaries made advertisements, produced media content, and designed the s…
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Randy M. Browne, "The Driver’s Story: Labor and Power in the World of Atlantic Slavery" (U Pennsylvania Press, 2024)
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1:07:25The story of the driver is the story of Atlantic slavery. Starting in the seventeenth-century Caribbean, enslavers developed the driving system to solve their fundamental problem: how to extract labor from captive workers who had every reason to resist. In this system, enslaved Black drivers were tasked with supervising and punishing other enslaved…
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Robert Darnton, "Pirating and Publishing: The Book Trade in the Age of Enlightenment" (Oxford UP, 2021)
54:27
54:27
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54:27In the late-18th century, a group of publishers in what historian Robert Darnton calls the "Fertile Crescent" — countries located along the French border, stretching from Holland to Switzerland — pirated the works of prominent (and often banned) French writers and distributed them in France, where laws governing piracy were in flux and any notion o…
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John Eglin, "The Gambling Century: Commercial Gaming in Britain from Restoration to Regency" (Oxford UP, 2023)
56:42
56:42
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56:42John Eglin talks with Jana Byars about The Gambling Century: Commercial Gaming in Britain from Restoration to Regency (Oxford UP, 2023). Gambling captures as nothing else the drama of the "long eighteenth century" between the age of religious wars and the age of revolutions. The society that was confronted with games of chance pursued as commercial…
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Rebecca Ball, "A Hundred English Working-Class Lives, 1900-1945" (Palgrave MacMillan, 2024)
35:25
35:25
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35:25How do ordinary people write the stories of their lives? In A Hundred English Working-Class Lives, 1900-1945 (Palgrave MacMillan, 2024), Rebecca Ball, a lecturer in history at Manchester Metropolitan University, presents the microhistory of a series of working-class autobiographies. Ranging from childhood experiences, through education, work, marri…
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Juan José Rivas Moreno, "The Capital Market of Manila and the Pacific Trade, 1668-1838" (Palgrave Macmillan, 2024)
55:31
55:31
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55:31Many authors have written about the Manila Galleons, the massive ships that took goods back and forth between Acapulco and Manila, ferrying silver one way, and Chinese-made goods the other. But how did the Galleons actually work? Who paid for them? How did buyers and sellers negotiate with each other? Who set the rules? Why on earth did the shipper…
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Marianne Kamp, "Collectivization Generation: Oral Histories of a Social Revolution in Uzbekistan" (Cornell UP, 2024)
1:07:19
1:07:19
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1:07:19In this episode, Alisa interviews Dr. Marianne Kamp to celebrate the release of her new book, Collectivization Generation: Oral Histories of a Social Revolution in Uzbekistan, recently published by Cornell University Press. Collectivization Generation is a history of agricultural collectivization in Soviet Uzbekistan that relies on oral history acc…
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Leah Downey, "Our Money: Monetary Policy as If Democracy Matters" (Princeton UP, 2024)
40:05
40:05
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40:05How the creation of money and monetary policy can be more democratic. The power to create money is foundational to the state. In the United States, that power has been largely delegated to private banks governed by an independent central bank. Putting monetary policy in the hands of a set of insulated, nonelected experts has fueled the popular reje…
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Lisa Sheryl Jacobson. "Intoxicating Pleasures: The Reinvention of Wine, Beer, and Whiskey After Prohibition" (U California Press, 2024)
1:33:04
1:33:04
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1:33:04In popular memory the repeal of US Prohibition in 1933 signaled alcohol’s decisive triumph in a decades-long culture war. But as Dr. Lisa Jacobson reveals in Intoxicating Pleasures: The Reinvention of Wine, Beer, and Whiskey after Prohibition (University of California Press, 2024), alcohol’s respectability and mass market success were neither sudde…
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Christine M. Larson, "Love in the Time of Self-Publishing: How Romance Writers Changed the Rules of Writing and Success" (Princeton UP, 2024)
50:10
50:10
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50:10As writers, musicians, online content creators, and other independent workers fight for better labor terms, romance authors offer a powerful example—and a cautionary tale—about self-organization and mutual aid in the digital economy. In Love in the Time of Self-Publishing: How Romance Writers Changed the Rules of Writing and Success (Princeton Univ…
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