New Books in Economic and Business History

Electric Wind: An Energy History of Modern Britain by Marianna Dudley (Manchester University Press, 2025) is a cutting-edge history of wind power in Britain.

There are turbines on the horizon. The blades whirl with metronomic rhythm. With each rotation, wind is transformed into electricity. An energy revolution is underway. Electric wind rewinds to the beginning to explore the rise of wind energy in modern Britain. From the industrial revolution to the aftermath of war, through energy crises and the changing politics of the late twentieth century, we see how energy has shaped a nation - and how a nation is reflected and refracted through energy. Boldly charting Britain through its wildest, windiest places, this book takes us to the edges of land and beyond to think deeply about the role of nature in politics, science and technology. Visionaries and hippies join engineers and entrepreneurs. Traditions and local cultures meet infrastructure and industry in this captivating history.

At a time when action on carbon emissions is urgent, Electric wind offers examples, ideas and stories to fuel change going forwards. This book is an essential read for anyone interested in nature, climate change, landscape and the making of modern Britain.

Marianna Dudley is Senior Lecturer in Environmental Humanities at the University of Bristol. She is the author of An Environmental History of the UK Defence Estate (2012).

Filippo De Chirico is a Ph.D. Candidate in Energy History at Roma Tre University (Italy). His research focuses on the history of the Italian natural gas sector. 

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The untold story of the first-generation Jewish American toymakers who literally manufactured “the century of the child.”

In 1902, Morris and Rose Michtom invented the Teddy Bear―bound by clothing scraps, stuffed with sawdust, and given button eyes with a sad, longing expression―in the back room of their Brooklyn candy store. Together they launched the Ideal Toy Corporation, joining a set of other poor, first-generation Jewish toymakers: the Hassenfeld brothers of Hasbro, Ruth Moskowicz and Elliot Handler of Mattel, and Joshua Lionel Cowan of Lionel Trains.

From Barbie and G.I. Joe to Popeye, Superman, and Mr. Potato Head, Playmakers: The Jewish Entrepreneurs Who Created the Toy Industry in America (W. W. Norton & Co, 2026) reveals how the toy industry created the idealized American childhood: an enchanted world, full of wild creatures and eternal struggles between good and evil, with endless realms of fantasy and beauty. For much of the twentieth century, every part of the American toy business was largely Jewish―the company founders, executives, and designers, as well as the factory workers, wholesale distributors, retail outlets, and armies of salesmen. A descendant of the founders of the Ideal Toy Corporation, Michael Kimmel shows how these poor, often Yiddish-speaking, tenement-dwelling children of immigrants invented a world they never experienced for themselves. Along with the toys and Jewish toymakers that climbed the ladder of success, Kimmel also portrays the rise of an entire culture focused on children, led by Jewish comic book creators, children’s authors, parenting experts, and child psychologists.

The first full-scale toy history of the United States, Kimmel’s story conjures the colorful, imaginative, restless spirits who followed the promise of the American Dream―and describes the ways in which the

world they came from molded their beloved creations. Playmakers shows that the overlapping experiences of being a Jew, an immigrant, and a child in twentieth-century America―an outsider looking in, a person desperate to be accepted―created childhood as we know it today.
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Giant companies, launch rockets into space, control satellite communication and develop era-defining AI technologies. But they are also seen as promoting misinformation, undermining democracy and violating privacy. Big banks, reeling since the financial crisis of 2008, continue to be racked with major scandals. Drawing on examples such as the VW scandal in Germany, Cambridge Analytica and Samsung the authors of Billionaire Backlash: The Age of Corporate Scandal and How it Could Save Democracy (Bloomsbury, 2026) show that these scandals are opportunities for real political change.
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Black Power, Inc.: Corporate America and the Rise of Multinational Empowerment Politics, (U Pennsylvania Press, 2026), traces the rise of Black empowerment politics in the United States and Africa. On a cold January day in 1964, civil rights minister turned entrepreneur Rev. Leon Howard Sullivan declared to a group of supporters gathered to witness the launch of Sullivan’s latest venture, Opportunities Industrialization Centers, Inc., “The day has come when we must do more than protest—we must now also PREPARE and PRODUCE!” Occasionally linked with the movement for Black Power, Sullivan and others, including Coca-Cola vice president Carl Ware and Atlanta mayor Andrew Young, were in fact architects of Black empowerment—an intellectual and political movement that championed private enterprise as the key to Black people’s prosperity.Jessica Ann Levy traces Black empowerment’s rise in American politics—from early twentieth-century influences including Booker T. Washington and Marcus Garvey to the cities of postwar America into corporate boardrooms and government offices—and across the Atlantic Ocean to Africa. Civil rights leaders, Black entrepreneurs, white corporate executives, and government officials all championed Black empowerment as a means to address multiple crises in US cities and to blunt some of the more radical aspects of the Black Power movement. Black empowerment politics likewise found application overseas in various Cold War efforts to promote American-style free enterprise in Africa. This was especially the case in South Africa, where US corporate executives and government officials wielded Black empowerment politics to oppose apartheid and divestment.By the early twenty-first century, the idea that private enterprise, including small-scale entrepreneurs and large multinational corporations, should play a leading role in combating racial inequality and empowering Black and other marginalized people featured prominently in various policies and programs at the local, national, and international level. By tracing Black empowerment politics’ evolution, Black Power, Inc. explains its popularity, championed by leaders from Bill Clinton to Nelson Mandela, while also revealing its role in expanding US corporate power, locally and globally.
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For decades, tree planting and forestry have been pivotal to Chinese environmentalism. During the Mao era, while forests were razed to fuel rapid increases in industrial production, the “Greening the Motherland” campaign promoted conservationist tree-planting nationwide. Contested Environmentalisms explores the seemingly contradictory rhetoric and desires of Chinese conservation from the early twentieth century through to the present.

Drawing on literary, cinematic, scientific, archival, and digital media sources, Cheng Li investigates the emergence, evolution, and devolution of Chinese conservationist ideas. Combining literary, historical, and environmental studies approaches, he shows that these ideas acquired their value and assumed their power precisely because of their malleability and adaptability. Li historicizes authoritarian environmentalism and probes the global-local dynamics underlying conservationist ideas that energize environmental impulses in China. Examining ethnic borderlands, the Beijing political center, and China's growth on the world stage, this book demonstrates the strength of Chinese environmentalism to adapt and survive through tumultuous change lies in what seems to be a weakness: its inconsistency and contestation.

Cheng Li is an Assistant Professor of Chinese Studies at Carnegie Mellon University, specializing in modern Chinese environmental literature, film, science fiction, and history. He is a literary scholar and a cultural historian. His research focuses on cultural history, ecocriticism, and infrastructure.

Yadong Li is an anthropologist-in-training. He is a PhD candidate of Socio-cultural Anthropology at Tulane University. More details about his scholarship and research interests can be found here.
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