New Books in Economic and Business History

Engineering Global Socialism: Ownership, Non-Alignment, and Corporate Culture in a Bosnian Company (Indiana UP, 2026) chronicles the journey of the Bosnian global corporation Energoinvest and its workers from its Yugoslav socialist ideals through decades of dissolution, reconstruction, and post-socialist transformation.

Author Anna Calori provides a company-centric window into the business history of socialist globalization during periods of national development, destruction, and rebuilding. Contrary to popular perceptions of "centralized" socialist states, Energoinvest actively shaped trade relations with the Global South, driven by a socialist corporate culture that encouraged competition as well as collective decision-making. Even after Yugoslavia's disintegration in 1992 ended its dreams of a socialist path to globalization, these core characteristics shaped Energoinvest's adaptation to capitalist transformations and made it a key player in the struggle for Bosnia's post-war economic reconstruction. Through oral histories and archival research, Calori reveals how Energoinvest's workers paired the promise of a new model of global integration with their own visions of a working world in which they set the rules of engagement—and how, upon its sale to mostly foreign owners, the marginalization and ethnic homogenization of employee shareholders mirrored changes around citizenship in Bosnia. Now, in the twenty-first century, Energoinvest offers new promises of a post-industrial future, but its often hazy parameters leave workers to rely on the memory of "what could have been" to make sense of change.

Tracing the long trajectory of a Yugoslav enterprise through decades of large-scale social change, Engineering Global Socialism presents a historical and sociological moment in which workers' ideas about social and corporate enterprise offered the possibility of a more democratic path to globalization.

Anna Calori is Lecturer in Contemporary Economic History at the School of Social and Political Sciences, University of Glasgow.

Filippo De Chirico is a Ph.D. Candidate in Energy History at Roma Tre University. His research focuses on the history of the Italian natural gas sector.
Learn more about your ad choices. Visit megaphone.fm/adchoices

From the mid-nineteenth century through the dust bowl years of the Great Depression, a new kind of migrant worker became a familiar sight in communities across America. The Hobo: A History of America's First Climate Migrants (Princeton UP, 2026) by Dr. Robert Suits traces the journeys of these homeless men and women, showing how hobo work was an adaptation to energy transitions and a harsh and unpredictable climate, and how the hobo played a central role in the histories of industrialization and westward expansion.Challenging common depictions of the hobo as a world-weary, bearded man in ragged clothes, Dr. Suits reveals how these wandering laborers were often fastidious and heartbreakingly young. Forever on the move due to economic hardship and climate disaster, they chased harvests and took seasonal jobs in industries like logging and mining. Too often they couldn’t find employment at all. Suits describes the difficult, dangerous, and highly unstable jobs they worked while shedding light on the hobo life and philosophy, from their techniques for stowing away on railroads to their unique blend of socialist, anarchist, and anti-work thought. He traces the emergence of the hobo to the advent of steam and the need for manual laborers in places where this new technology couldn’t reach and describes how a growing reliance on the internal combustion engine brought an end to hobo work.Drawing on oral histories, environmental data, and cutting-edge digital methods, The Hobo paints an unforgettable portrait of an eclectic group of wandering radicals, troublemakers, poets, and writers, demonstrating how their experiences upend some of our basic assumptions about how environments and technologies shape society.

This interview was conducted by Dr. Miranda Melcher whose 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. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Commercial seafaring, both dangerous and with large amounts of capital at stake, was the source of the risk-management institutions that still undergird the global economy today. A key institution of early modern risk management was General Average, a procedure used to redistribute extraordinary costs arising from a maritime venture between all financially interested parties. For example, should one merchant’s cargo be jettisoned to lighten a ship in a storm, the loss would be shared pro rata by the shipper and all the cargo-owners. A risk-sharing practice, different from the risk-shifting of marine insurance which became established relatively late, General Average is still in widespread use.

In Managing Maritime Risk in Early Modern Europe: General Average in Law and Practice in Seventeenth-Century Tuscany (Boydell Press, 2025), Jake Dyble explores how General Average worked. It reveals the gap between General Average in law and how it worked on the ground. It shows how General Average partitioned a wide array of business costs, thereby performing a significant role in structuring maritime commerce, managing risk and promoting shipping and trade. In addition, the book discusses how far General Average was a feature of a supposedly ancient, universal, customary maritime law, and contributes to debates about the evolution of institutions in economic development.

Dr Jake Dyble is a postdoctoral researcher at the University of Padova, Italy.

This interview is conducted by Dr Lewis Wade, a Humboldt Research Fellow at the University of Bamberg. He is the author of the prize-winning Privilege, Economy and State in Old Regime France and can be found on Bluesky @wadehistory.bsky.social.
Learn more about your ad choices. Visit megaphone.fm/adchoices

In Wild Tides: Media Infrastructure and Financial Crisis in Ireland (Duke University Press, 2026),
Patrick Brodie maps the shifting fortunes of the Irish economy before
the 2008 financial crisis up to 2020, outlining how the Irish state
moved from rampant and irresponsible financialized development to
incentivizing private media infrastructure and policy as instruments for
economic recovery. Brodie contends that while the Irish state’s
investment in creative and technological sectors of media was supposed
to bring resources back into the country and stabilize the economy, it
instead rendered the country even more vulnerable to future instability
and transferred wealth into the hands of multinational corporations.
Through ethnographic work and close engagement with the Irish state’s
policy and planning across a number of key media infrastructure sites,
Brodie unfolds the very real environmental and social impacts of
Ireland’s naturalized model of financialized, foreign direct
investment-led infrastructural development. Richly researched and
comprehensively argued, Wild Tides reveals the multifarious, unexpected ways that financialization reaches into the daily life of a nation.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Commercial seafaring, both dangerous and with large amounts
of capital at stake, was the source of the risk-management institutions
that still undergird the global economy today. A key institution of
early modern risk management was General Average, a procedure used to
redistribute extraordinary costs arising from a maritime venture between
all financially interested parties. For example, should one merchant’s
cargo be jettisoned to lighten a ship in a storm, the loss would be
shared pro rata by the shipper and all the cargo-owners. A risk-sharing
practice, different from the risk-shifting of marine insurance which
became established relatively late, General Average is still in widespread use.

In Managing Maritime Risk in Early Modern Europe: General Average in Law and Practice in Seventeenth-Century Tuscany
(Boydell Press, 2025), Jake Dyble explores how General Average worked.
It reveals the gap between
General Average in law and how it worked on the ground. It shows how
General Average partitioned a wide array of business costs, thereby
performing a significant role in structuring maritime commerce, managing
risk and promoting shipping and trade. In addition, the book discusses
how far General Average was a feature of a supposedly ancient,
universal, customary maritime law, and contributes to debates about the
evolution of institutions in economic development.

Dr Jake Dyble is a postdoctoral researcher at the University of Padova, Italy.

This
interview is conducted by Dr Lewis Wade, a Humboldt Research Fellow at
the University of Bamberg. He is the author of the prize-winning Privilege, Economy and State in Old Regime France and can be found on Bluesky @wadehistory.bsky.social.
Learn more about your ad choices. Visit megaphone.fm/adchoices