New Books in Economic and Business History

Automata examines how AI and advanced robotics are rapidly surpassing human abilities in fields once thought uniquely ours – from playing chess to discovering new antibiotics to fraud detection. The question is no longer if machines will replace workers, but how we can stay relevant in a world shaped by intelligent automation. This book explores the profound transformation ahead, drawing on real-world trends and technologies already beginning to reshape our lives.

With most of these changes expected within the next decade or two, Automata: The Power of AI Integrated with Advanced Robotics (U Toronto Press, 2026) offers timely use cases and practical strategies to help individuals and organizations navigate this new era. It highlights needed changes in education – such as the importance of learning-to-learn and emotional intelligence – to help society prepare for this new age.

Automata is a vital guide for anyone seeking to thrive – rather than just survive – as human work, society, and daily life are redefined by the rise of machine intelligence.
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The volume addresses issues of security and risk in economic and business history. A focus lies on the study of security in order to highlight the central role of preventive measures, corresponding corporate strategies, (public) demands for measures to promote security, and the conscious avoidance of actions considered risky. It is less on questions of risk avoidance and more on the analysis of decisions and strategies for creating stability and averting potential threats.

The book aims at understanding how these security-oriented interventions and forward-looking approaches have shaped economy and businesses.With contributions by Dolly Afoumba | Anna Corsten | Marie Huber | Nina Kleinöder | Christian Kleinschmidt | Andreas Langenohl | Christian Marx | Cornelia Sahling | Tim Salzer | Tonio SchwertnerThis title is also available as open access. https://www.nomos-shop.de/en/p/security-and-risk-gr-978-3-7560-3577-9

Interview host, Paula de la Cruz-Fernández
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Decolonization has long been debated across the social sciences, but the economics discipline has so far avoided such critical engagement. Decolonizing Economics: An Introduction (Polity, 2024) provides a much-needed intervention.Dutt, Alves, Kesar, and Kvangraven uncover the deeply Eurocentric foundations that shape how economists study the world today. These have rendered the discipline ill-equipped to tackle critical questions, such as structural racism, uneven development, the climate crisis, labour relations, and how structural power shapes economic outcomes. Decolonizing economics entails challenging the norms of neutrality and objectivity that economists claim to speak from, while fostering alternative ways of understanding the economy that take seriously structural power relations and contemporary processes of economic development. Readers will come to understand the political stakes of decolonization and the wide range of scholarship that already exists that can help us grasp economics from non-Eurocentric perspectives. Through such scholarship, we can gain an enriched understanding of capitalism and its relationship to exploitation, colonialism, and racialization.
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Doubts about the international dominance of the dollar are only growing amid worries about tariffs, political dysfunction, and fraying international alliances. Will the dollar continue to reign supreme? In Money Beyond Borders, the leading authority on international currencies, Barry Eichengreen, puts the dollar's prospects in deep historical perspective by chronicling the entire history of cross-border currencies, from the invention of coins in the seventh century BCE to the cryptocurrencies of today and the central bank digital currencies of tomorrow.

Money Beyond Borders: Global Currencies from Croesus to Crypto (Princeton University Press, 2026) recounts how Greek and Roman coins became the first true international currencies. It tells how the Florentine gold florin became the "greenback of the Renaissance," and how it was succeeded by Spanish silver and a Dutch fiat currency. The book explains why the British pound dominated the international economy in the nineteenth century, why the dollar rose to the top during World War II, and why the dollar has survived predictions of the imminent loss of its preeminence since the 1970s.

The long history of international currencies shows that the same factors that encourage their widespread use eventually lead to their abandonment. Money Beyond Borders makes a powerful case that the dollar is now on the downside of this cycle, and it considers who the winners and losers will be when there is flight away from the greenback. Revealing important patterns in the life cycles of international currencies over the past 2,500 years, the book offers valuable lessons and insights about how currencies rise--and why they fall.

Barry Eichengreen is the George C. and Helen N. Pardee Chair and Distinguished Professor of Economics and Political Science at the University of California, Berkeley.

Caleb Zakarin is the CEO and Publisher of the New Books Network.
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The South American coca plant was established in 19th-century Britain as a medical product before it became a globally restricted drug. Drawing on botanical, economic, pharmaceutical, social, and political perspectives, in Coca and the Victorians: From Botanical Curiosity to Regulated Drug, 1835–1912 (Transcript Publishing, 2025), Dr. Kim Embrey analyses how the use and perception of coca changed as it was transferred to Europe. In a process of cultural dissimilation, coca was not simply adopted, but embedded into new medical, social, and scientific contexts. The study shows how a plant from the Andes was repositioned in British modernity.

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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