New Books in Economics

In her new book, Politicizing Business: How Firms Are Made to Serve the Party-State in China (Cambridge, 2025), Ning Leng shows how Chinese officials systematically treat formally private firms as political instruments, extracting services that advance careers and maintain social control—often at the expense of business interests, economic efficiency and sustainable development. Ning Leng is an Assistant Professor at the McCourt School of Public Policy at Georgetown University.

Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco and is the Director of USF's Master's Program in International and Development Economics.
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China and the Global Economic Order (Cambridge University Press, 2026) examines China's evolving relations with the Bretton Woods institutions (BWIs), specifically the International Monetary Fund and the World Bank Group from the 1980s through 2025. Using a combination of new qualitative findings and quantitative datasets, the authors observe that China has taken an evolving approach to the BWIs in order to achieve its multiple agendas, acting largely as a 'rule-taker' during its first two decades as a member, but, over time, also becoming a 'rule-shaker' inside the BWIs, and ultimately a new 'rule-maker' outside of the BWIs. The analysis highlights China's exercise of 'two-way countervailing power' with one foot inside the BWIs, and another outside, and pushing for changes in both directions. China's interventions have resulted in BWs reforms and the gradual transformation of the global order, while also generating counter-reactions especially from the United States.

Gregory Chin is an Associate Professor of Political Economy in the Department of Politics, and Faculty of Graduate Studies at York University (Canada), with a focus on the political economy of international money and development finance, China, Asia, the BRICS, and global governance.

Nomeh Anthony Kanayo, Ph.D. Candidate in International Relations at Florida International University, with research interest in Africa's diaspora relations, African-China relations, great power rivalry and IR theories.

Check out my new article https://doi.org/10.1016/j.sciaf.2025.e02699
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In The City's Defense: The Bank of England and the Remaking of Economic Governance, 1914-1939, Robert Yee examines how the City of London maintained its status as an international financial center. He traces the role of the Bank of England in restructuring the domestic, imperial, European, and international monetary systems in the aftermath of the First World War

Responding to mass unemployment and volatile exchange rates, the Bank expanded its reach into areas outside the traditional scope of central banking, including industrial policy and foreign affairs. It designed a system of economic governance that reinforced the preeminence of sterling as a reserve currency. Drawing on a range of archival evidence from national governments, private corporations, and international organizations, Yee reevaluates our understanding of Britain's impact on the global economic order.
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A feminist romp through pop culture that illuminates how women influence and shape the economy.

Taylor Swift isn't just a pop megastar. She is a working woman whose astounding accomplishments defy patriarchal norms. And while not all women can be Beyoncé or Dolly Parton or Reese Witherspoon, the successes of these trailblazing stars help us understand the central role of women in today's economy.

Swiftynomics: How Women Mastermind and Redefine Our Economy (U California Press, 2026) assesses the complex economic lives of everyday American women through the stories of groundbreakers like Taylor Swift, Misty L. Heggeness digs into the data, revealing women's hidden contributions and aspirations—the unexamined value they create by pursuing their own ambitions. She highlights the abundance of productive activity in their daily lives and acknowledges the barriers they still face.

Exploring critical reforms regarding caregiving and gendered labor, this book offers advice for women to thrive in an economy that was not built for them.

More about the author: Misty L. Heggeness is co-director of the Kansas Population Center, Associate Professor of Economics and Public Affairs at the University of Kansas, and former Principal Economist and Senior Advisor at the US Census Bureau. She is also creator of The Care Board, a dashboard of economic statistics built by and for caregivers that brings their economic contributions into the fold.

Learn more about Swifynomics: here

Learn more about Misty: here

More about the host: Kailey Tse-Harlow is a Chinese-Irish writer born and raised in Boston’s Chinatown. She earned her BA in Film and Television Production from Emerson College and her MFA in Creative Writing from Lesley University. Her nonfiction writing has appeared in MIT News, and she is currently at work on her debut novel with support from Tin House. Based in Cambridge, MA, Kailey lives with her partner and two cats. Alongside her writing, she works as a freelance publicist part-time.
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Walter Benjamin was a German-Jewish intellectual and philosopher associated with the Frankfurt School, who tragically died at 48 years old in 1940 as he fled the advance of the Third Reich on the French-Spanish border. Most writers and critics see Benjamin’s work as fragmented, disjointed, esoteric and dispersed, with no clear narrative or cohesive philosophy. Duy Lap Nguyen, Associate Professor in World Cultures and Literatures at the University of Houston, paints a different picture of Benjamin’s work. In Nguyen’s revealing, latest book, Walter Benjmain and the Critique of Political Economy: A New Historical Materialism (Bloomsbury, 2024), he navigates through Benjamin’s complex organon and meticulously puts together these apparently disperse philosophical threads into a cohesive whole.

Nguyen argues that Benjamin’s work demonstrated a holistic philosophical project, and he takes the reader through the latter’s early critical engagement with anarchist praxis and Kantian thought, through to Benjamin’s ‘Marxist’ turn that put him in conversation with the Frankfurt School. The historical materialism of Benjamin, Nguyen carefully demonstrates, was centred on his critique of the ahistorical conceptions of time and history that were the foundation for popular, contemporaneous notions of ‘progress’. Benjamin rallied against neo-Kantians and early twentieth century social democrats alike for their adherence to the ‘infinite struggle’, which posited the necessity for the continued, unachievable pursuit of the realisation of some ethical beyond, abstracted from historical conditions and forces of production, namely capitalism, that made their realisation impossible. Against these ahistorical conceptions, Benjamin’s historical materialism saw modernism as a historically specific form of society, and not the eternal, fate-bound destiny that humanity was entrapped into.

Duy Lap Nguyen’s book offers a new insight into not only the crucial philosophy of Walter Benjamin, which demands resurrection in our historical juncture of overlapping crises and fascistic resurgence, but a richly detailed investigation into the ideas, people, and movements that surrounded Benjamin in his time. Nguyen’s book, then, provides a holistic account of Benjamin’s often forgotten philosophical contributions, how they were shaped, and what Benjamin can contribute to the critique of today’s political economy.

Elliot Dolan-Evans is a sessional lecturer in law at Monash University and RMIT. His research investigates the political economy of global capitalism, forms of international governance, and questions of war and peace. His first book, Making War Safe for Capitalism: The World Bank, IMF and the Conflict in Ukraine, is now out with Bristol University Press.
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