New Books in Economic and Business History

In American history, few tragedies have been as consequential—and as enduringly misunderstood—as the Triangle Shirtwaist Factory fire of 1911. Long remembered as a turning point in the struggle for labor protections, Fire in the Heart of the City: The Triangle Shirtwaist Tragedy and the Origins of Modern Charity (NYU Press, 2026) shows how the fire also helped transform another cornerstone of modern American life: the rise of modern charity.

Set in early twentieth-century New York, the book tells the extraordinary story of what happened when a catastrophic fire in Greenwich Village threw Adolph Ochs, the ambitious new publisher of the New York Times, and Rose Schneiderman, a defiant young labor organizer, into a momentous struggle over who should organize the city’s response: a rising charity sector led by wealthy financiers and civic elites, or the reform-minded unions and activists of Lower Manhattan.

Drawing on newly released archival documents, interviews with the descendants of Times publisher Adolph Ochs and New York labor organizers, previously confidential reports, and long-overlooked private diaries and correspondence, David Conrad-Pérez offers a striking new account of the disaster and its aftermath. He shows how a handful of charities on the brink of irrelevance were suddenly recast as New York’s best answer to the social and economic conditions the fire laid bare—a watershed moment in the rise of modern charity and elite authority over social welfare in the United States.
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.

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Beneath the Wage: Tips, Tasks, and Gigs in the Age of Service Work (Princeton UP, 2026) retheorizes capitalism from the perspective of the service economy, challenging conventional assumptions about how work is waged, regulated, managed, and automated Today, 80 percent of U.S. workers do service work, from delivering takeout to mopping floors to teaching. Each time we are handed a bag of groceries or a cup of coffee, call for a cab or have our homework graded, we confront both the enormity and the intimacy of the contemporary service sector. Do these jobs have anything in common? Who is doing this work? And what kind of labor politics does it generate? If service work has often been treated as a footnote to modern capitalism, Beneath the Wage reveals it as crucial to understanding how exploitation functions today. Uncovering a history that runs from eighteenth-century servants to present-day gig workers, Annie McClanahan retheorizes capitalism from the perspective of the service economy, challenging conventional assumptions about how work is waged, regulated, managed, and automated. Assembling a diverse set of sources for understanding and reimagining service work—from reality television and conceptual poetry to novels and workers’ own descriptions of what they do—McClanahan explores three paradigmatic types of contemporary service labor: superexploited tipwork, deskilled clerical microwork, and informalized gigwork. She shows how work done “beneath the wage” depends on racialized and gendered forms of economic domination, is often excluded from labor organizing and regulation, and yet has begun to generate a new politics of social reproduction and solidarity.
Annie McClanahan is Associate Professor of English at UC Irvine. Her first book, Dead Pledges: Debt, Crisis, and 21st Century Culture explores how U.S. culture responded to the collapse of the financialized consumer credit economy in 2008. She has published on topics like the rise of microeconomics and methodological individualism, the cultural history of economic stagnation, so-called “neoliberalism” and the history of the university, and the politics and theory of sexwork.

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Edward Blum interviews John William Nelson, Muddy Ground: Native Peoples, Chicago’s Portage, and the Transformation of a Continent (UNC Press, 2023)
In early North America, carrying watercraft—usually canoes—and supplies across paths connecting one body of water to another was essential in the establishment of both Indigenous and European mobility in the continent’s interior. The Chicago portage, a network of overland canoe routes that connected the Great Lakes and Mississippi watersheds, grew into a crossroads of interaction as Indigenous and European people vied for its control during early contact and colonization. John William Nelson charts the many peoples that traversed and sought power along Chicago’s portage paths from the seventeenth to the mid-nineteenth centuries, including Indigenous Illinois traders, French explorers, Jesuit missionaries, Meskwaki warriors, British officers, Anishinaabe headmen, and American settlers. Nelson compellingly demonstrates that even deep within the interior, power relations fluctuated based on the control of waterways and local environmental knowledge.

Pushing beyond political and cultural explanations for Indigenous-European relations in the borderlands of North America, Nelson places environmental and geographic realities at the center of the history of Indigenous Chicago, offering a new explanation for how the United States gained control of the North American interior through a two-pronged subjugation of both the landscapes and peoples of the continent.

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Fictions of Freedom: Migration, Modern Slavery and Bureaucracy in India (Cambridge UP, 2026) emerges from the fact of anti-trafficking interventions having led to newer forms of oppressions and entanglements of bureaucracy. Situating the lives of sex workers and daily-wage earning labourers through a multi-sited ethnography in India, this book opens up an examination of the rescue industry alongside migration and informality, and how the lived reality of the workers is crowded with sociopolitical unfairness, individual and state-sponsored violence, informal debt, gender and caste-based hierarchies, and limited livelihood options. It aims to offer a critical lens into the practices, modalities, and contestations through which freedom is lived and asserted in India. The book is open access here.

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Making Sense of China's Economy (Routledge, 2023) untangles China’s complex economic structure, evolving issues and curious contradictions, and explains some key features of this most puzzling of global economic powerhouses. This book reveals how factors such as demographics, the initial stage of development in 1978, the transition away from full state ownership and central planning, the dual urban-rural society, and a decentralised governance structure have combined to shape the economy, its development and its reforms. It shows how the pragmatic and adaptive nature of China’s policymaking upends familiar perspectives and hinders simple cross-country comparisons. The book also explores crucial topics including the property market, debt accumulation and environmental challenges. In this book, Tao Wang innovatively weaves the multiple strands of China’s economy into a holistic and organic tapestry that gives us unique insights from both a Chinese and an international perspective. This book is critical reading for business leaders, investors, policymakers, students, and anyone else hoping to understand China’s economy and its future evolution and impact, written by a specialist who has studied the country from both inside and out.
Tao Wang is senior advisor at UBS Investment Bank in Hong Kong, and until recently was chief China economist at the firm.
Michael Leger is Policy Fellow at the Blavatnik School of Government, Oxford.
Lucas Tse is Examination Fellow at All Souls College, Oxford.

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