New Books in Public Policy

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position
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The field of Strategic Studies, which studies the use and threat of force for political purposes, has seen the repeated rise of concepts to dominate discourses and research agendas, only to eventually fall to the margins again. What explains this cyclical pattern? What are the consequences for our understanding of war?Reconceptualizing War: The Rise and Fall of Fashionable Concepts in Strategic Studies (Oxford UP, 2026) by Dr. Chiara Libiseller examines these questions by likening the coming and going of theories to fashions. While in vogue, fashionable concepts are used widely, becoming broader and vaguer until essentially stripped of meaning. At the same time, they are bestowed with authority and power that allows them to withstand criticism and marginalizes alternative perspectives. These characteristics severely affect the quality, depth, and diversity of research by narrowing and siloing the field of inquiry.Tracing three concepts—revolution in military affairs, counterinsurgency, and hybrid warfare—through their fashion lifecycle, Dr. Libiseller demonstrates how fashionability affects the concepts themselves, related research, and the field more generally. Embedded within a discussion of the history and dynamics of Strategic Studies, the book calls for more reflexivity in the study of war and strategy.

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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Markets of Pain offers a sweeping history of the business of licit opium--following cultivators, merchants, scientists, and policymakers--and shows how this potent crop reshaped global trade, medicine, and geopolitics.

For centuries, opium has been a source of both profit and peril, its legacy entangled with addiction, imperialism, and the complex interplay of global trade and national development. While the illicit opium trade is infamous, the history of licit opium--how it was farmed, refined, and used to build modern medicine and shape state power--has remained largely untold.Drawing on archival sources from Asia, Europe, and the United States, Markets of Pain: Opium, Capitalism, and the Global History of Painkillers (Oxford UP, 2026) traces the global arc of licit opium from poppy fields and processing plants in India, Turkey, and Australia to the clinics and laboratories of modern medicine. It shows how both the Ottoman Empire and the Turkish Republic treated the opium poppy as a national resource and a means of securing global stature. In postcolonial India, by contrast, nationalist leaders initially rejected opium's imperial legacy before embracing its strategic value amid the shifting currents of the Cold War. At the heart of this story are the cultivators, scientists, bureaucrats, and policymakers who shaped the licit opium trade and grappled with its far-reaching consequences. Their work and visions demonstrate how colonial empires and postcolonial states helped forge the global pharmaceutical industry as it struggled to govern a drug it could not abandon.Markets of Pain reveals how a seemingly marginal crop became an unlikely engine of modernization, a tool of Cold War geopolitics, and a harbinger of today's global opioid crisis. Blending vivid scenes from opium's fields and factories with incisive analysis of scientific and diplomatic archives, Benjamin Robert Siegel recovers a buried history with urgent relevance for global supply chains, international power, and public health.

Markets of Pain offers an account of the global drug trade in the twentieth century, focusing on the transformation of opium from a colonial commodity into a modern resource for the American and European pharmaceutical industries. Challenging simplistic ideas of licit and illicit drugs in the twentieth century, it reveals how the modern global drug regime was formed by India and Turkey's navigation of the international anti-opium movement, the rise of the pharmaceutical industry, and the complex relationship between agriculture, medicine, and global capitalism.
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The Future in Their Hands: Making Mexico's Foreign-Educated Elite (U California Press, 2026), by Dr. Rachel Grace Newman is a deep history of the politics of foreign education in Mexico, where many influential figures have degrees from European or US institutions. Reconstructing the history of student mobility from the late nineteenth to the late twentieth century, Dr. Newman unveils the social hierarchies, political languages, and institutional mechanisms that created Mexico’s foreign-educated elite.

Study abroad began as a private phenomenon for young elites to acquire specific forms of knowledge and to preserve their status. But after the 1910 revolution, elites gradually convinced the Mexican state, under the guise of modernizing the nation, to underwrite their ambitions with merit-based scholarships. Student mobility naturalized the expectation that Mexico’s sovereignty and development required knowledge from elsewhere. For historians of Mexico and other countries with foreign-educated elites, this open-access book reveals the subtle, insidious processes by which states reinforce privilege through education policy.

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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Recovering the Internet: How Big Tech Took Control-And How We Can Take It Back (Columbia Global Reports, 2026)is an indictment of how Big Tech cloaks ruthless commercial exploitation in the language of free speech. Olivier Sylvain, a leading legal scholar and former senior advisor at the Federal Trade Commission, exposes the incentives behind social media design, revealing how they trap users in cycles of addiction, misinformation, and harm—from fatal TikTok challenges to AI chatbot codependency.

With clarity and urgency, Sylvain dismantles the libertarian mythology that shaped internet law and calls for a new legal regime that protects users over platforms. Recovering the Internet is a powerful, original intervention into the most urgent policy debate of our time—what it will take to reclaim the digital public sphere.

Find out more here

Jake Chanenson is a computer science Ph.D. student and law student at the University of Chicago. Broadly, Jake is interested in topics relating to HCI, privacy, and tech policy. Jake’s work has been published in top venues such as ACM’s CHI Conference on Human Factors in Computing Systems.
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