New Books in Economic and Business History

Today we are joined by Dr. Lindsay Krasnoff, who is an historian, specializing in global sport, communications and diplomacy. She is also the Director of FranceandUS, and she lectures on sports diplomacy at New York University Tisch Institute of Global Sport. We met to talk about her most recent book: Basketball Empire: France and the Making of a Global NBA and WNBA (Bloomsbury, 2023). In our conversation, we discussed the rise of basketball in France, the differences between French and American basketball, and the way that French basketball stars such as Boris Diaw exemplify the new global “empire” of basketball that incorporates Africa, France and its overseas departments, and the USA.
Krasnoff divides Basketball Empire into three parts that together investigate how French basketball developed from a low point in the middle of the 20th century to a global powerhouse contributing players to the NBA and the WNBA almost every year. Krasnoff argues that French basketball’s success hinges on their ability make use of their connections both with the United States and with their former empire. In examining the growth of basketball in France, Krasnoff traces a sporting genealogy that links together players, coaches, and even commentators from around the globe who compete together in France and help produce a distinctive French style of basketball that nevertheless has appeal outside of the hexagon.
In Basketball Empire, Krasnoff’s first section takes off from her previous work on French association football, which looked at the development of Les Bleus. In the 1950s and 1960s, French basketball too was in crisis. In response, the French government, the Fédération française de basket-ball (FFBB), and even some sporting associations sought out new ways to improve the quality of play in France. Paris University Club brought in Americans who had played basketball in the NCAA but were now living in France to teach American approaches to the game. Individual players, including one of the earliest female French basketball stars Elisabeth Riffiod, watched film of American professionals like Bill Russell. The government redeveloped a national training centre: the National Institute of Sport, Expertise, and Performance (INSEP.) The French League professionalized in 1987. Since the 1990s, French basketball has enjoyed a rising number of successful EuroBasket and Olympic campaigns, including a men’s silver and a women’s bronze in 2020/21.
Basketball Empire’s second section uses micro-biographies to explore the ways that contemporary French players developed their skills, how they made their moves into the NCAA, the NBA or the WNBA, and the challenges and opportunities that these moves provided them as players. In this section in particular, Krasnoff’s ability land and conduct interviews shines. She shows how diverse players, including Boris Diaw, Sandrine Gruda, Nicolas Batum, Marine Johannès, Diandra Tchatchouang, Evan Fournier, Mickaël Gelabale, and Rudy Gobert have become not only basketball stars but also informal diplomats that help build connections and translate between Africa, France and the United States.
In the final section, Krasnoff considers why the French have been so successful at producing high quality men’s and women’s basketball players. She credits la formation à la française: the specific French training system that includes a national sports training center (the INSEP) as well as local and regional basketball academies (pôles espoirs). The future looks bright for French basketball and in our interview Krasnoff predicts French and US success in the upcoming Paris 2024 Olympiad.
Keith Rathbone is a Senior Lecturer at Macquarie University in Sydney, Australia. He researches twentieth-century French social and cultural history.
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The world is encountering multiple crises - climate, droughts, floods, energy, food, and pandemics, to name a few. Capitalism and Crises: How to Fix Them (Oxford UP, 2024) is about how capitalism can help fix them It has helped to cause because of a misconception about the nature of the system. There has been a failure to understand the key institution business. This book describes why this has happened and what needs to change to address it. At the core of the problem is the key driver of capitalism profit and the way in which those who run the system and provide it resources for it have been rewarded. Currently, profit comes from causing as well as solving problems. Drawing on history, philosophy, psychology, and biology as well economics, law, and finance, Mayer describes what has gone wrong and what needs to change. He sets out the big challenges that capitalism must address and discusses how financial institutions should be at the heart of this, and how the public sector can work with the private on a common purpose of creating shared prosperity. Capitalism and Crises is an inspiring and motivational roadmap.
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From the earliest days of its founding, the United States set its sights on Native territory. Amid better-known “Indian wars,” the federal government quietly built an empire by treaty, offering payments to Native peoples for their land. Routinely inadequate, these payments were nonetheless pivotal because federal officials chose not to deliver them as a lump sum. Instead, the government kept the bulk of payments owed to Native nations under its own control as a trustee, and made access to future installments contingent on Native compliance. In Vested Interests: Trusteeship and Native Dispossession in the United States (Princeton UP, 2025), Dr. Emilie Connolly describes how a system of “fiduciary colonialism” seized a continent from its original inhabitants—and, ironically, furnished Native peoples with financial resources that sustained their nations.Connolly documents two centuries of dispossession in the guise of fiduciary benevolence. Acting as both dispossessor and trustee, the federal government invested Native wealth in state bonds that financed banks, canals, and other infrastructural projects that enabled the country to expand further westward. Meanwhile, Native peoples protected the money they did receive for future generations, investing it in their own institutions and mounting legal challenges to hold their trustees accountable. Still, federal trusteeship placed tight constraints on Native economies with the aim of containing Native power, forcing nations to endure through sheer resilience and ingenuity. By chronicling the long history of Native land dispossession through financial paternalism, Vested Interests reveals the unequal dividends of colonialism 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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Taco (Bloomsbury, 2025) is a deep dive into the most iconic Mexican food from the perspective of a Mexico City native. In a narrative that moves from Mexico to the United States and back, Dr. Ignacio M. Sánchez Prado discusses the definition of the taco, the question of the tortilla and the taco shell, and the existence of the taco as a modern social touchstone that has been shaped by history and geography.

 Challenging the idea of centrality and authenticity, in this latest addition to the Object Lessons series, Dr. Sánchez Prado shows instead that the taco is a contemporary, transcultural food that has always been subject to transformation.

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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Palo Alto is nice. The weather is temperate, the people are educated, rich, healthy, enterprising. Remnants of a hippie counterculture have synthesized with high technology and big finance to produce the spiritually and materially ambitious heart of Silicon Valley, whose products are changing how we do everything from driving around to eating food. It is also a haunted toxic waste dump built on stolen Indian burial grounds, and an integral part of the capitalist world system.

In Palo Alto: A History of California, Capitalism, and the World (Little, Brown, 2023), the first comprehensive, global history of Silicon Valley, Malcolm Harris examines how and why Northern California evolved in the particular, consequential way it did, tracing the ideologies, technologies, and policies that have been engineered there over the course of 150 years of Anglo settler colonialism, from IQ tests to the "tragedy of the commons," racial genetics, and "broken windows" theory. The Internet and computers, too. It's a story about how a small American suburb became a powerful engine for economic growth and war, and how it came to lead the world into a surprisingly disastrous 21st century. Palo Alto is an urgent and visionary history of the way we live now, one that ends with a clear-eyed, radical proposition for how we might begin to change course.
Malcolm Harris is a freelance writer and the author of Kids These Days: The Making of Millennials and Shit is Fucked Up and Bullshit: History Since the End of History. He was born in Santa Cruz, CA and graduated from the University of Maryland. Twitter.
Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website.
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