February New Economics books
The Age of Fragmentation: A History of Contemporary Economic Thought
The Age of Fragmentation: A History of Contemporary Economic Thought: HB87 .R66513 2019
Author(s): Alessandro Roncaglia
Cambridge, United Kingdom ; Cambridge University Press 2019.
The field of economics has proliferated in complexity and importance since the Second World War. Alessandro Roncaglia recounts the history of the different approaches (marginalist, neoclassical, Keynesian, Austrian, monetarism, rational expectations, institutionalist, evolutionary, classical-Sraffian) and the different fields (micro, macro, money and finance, industrial and game theory, institutions, public finance, econometrics), illustrating the thought and personality of the most important contemporary economists (from Hayek to Sraffa, from Modigliani and Samuelson to Friedman, from Simon to Sen, and many others), focusing on the conceptual foundations of the different streams. At the same time he appraises critically the important debates and controversies in the field and concludes by discussing possible future directions for economic thought. This follow-up to The Wealth of Ideas: A History of Contemporary Economic Thought is a readable introduction to the contemporary economics discourse, accessible to economics students and informed general readers, and an important complement for advanced students and economists active in specialized fields.
How to Be an Anticapitalist in the Twenty-First Century
How to Be an Anticapitalist in the Twenty-First Century: HB501 .W964 2019
Author(s): Erik Olin Wright
London ; Verso 2019.
What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values - equality and fairness, democracy and freedom, community and solidarity - can both provide the basis for a critique of capitalism, and help to guide us towards a socialist and democratic society. In this elegant book, Erik Olin Wright has distilled decades of work into a concise and tightly argued manifesto - analyzing the varieties of anti-capitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the 21st Century is an urgent and powerful argument for socialism, and a unparalleled guide to help us get there. Another world is possible.
In China's Wake: How the Commodity Boom Transformed Development Strategies in the Global South
In China's Wake: How the Commodity Boom Transformed Development Strategies in the Global South: HC59.7 .J48 2020
Author(s): Nicholas Jepson
New York : Columbia University Press 
In the early 2000s, Chinese demand for imported commodities ballooned as the country continued its breakneck economic growth. Simultaneously, global markets in metals and fuels experienced a boom of unprecedented extent and duration. Meanwhile, resource-rich states in the Global South from Argentina to Angola began to advance a range of new development strategies, breaking away from the economic orthodoxies to which they had long appeared tied. In China’s Wake reveals the surprising connections among these three phenomena. Nicholas Jepson shows how Chinese demand not only transformed commodity markets but also provided resource-rich states with the financial leeway to set their own policy agendas, insulated from the constraints and pressures of capital markets and multilateral creditors such as the International Monetary Fund. He combines analysis of China-led structural change with fine-grained detail on how the boom played out across fifteen different resource-rich countries. Jepson identifies five types of response to boom conditions among resource exporters, each one corresponding to a particular pattern of domestic social and political dynamics. Three of these represent fundamental breaks with dominant liberal orthodoxy—and would have been infeasible without spiraling Chinese demand. Jepson also examines the end of the boom and its consequences, as well as the possible implications of future China-driven upheavals. Combining a novel theoretical approach with detailed empirical analysis at national and global scales, In China’s Wake is an important contribution to global political economy and international development studies.
Uncanny Valley: A Memoir
Uncanny Valley: A Memoir: HC79.H53 W54 2020
Author(s): Anna Wiener
London : 4th Estate 2020.
‘Joan Didion at a startup’ Rebecca Solnit ‘I've never read anything like Uncanny Valley ’ Jia Tolentino ‘This is essential reading’ Stylist
Transfer State: The Idea of a Guaranteed Income and the Politics of Redistribution in Modern Britain
Transfer State: The Idea of a Guaranteed Income and the Politics of Redistribution in Modern Britain: HC79.I5 S56 2019
Author(s): Peter Sloman
Oxford ; Oxford University Press 2019.
The idea of a guaranteed minimum income has been central to British social policy debates for more than a century. Since the First World War, a variety of market economists, radical activists, and social reformers have emphasized the possibility of tackling poverty through direct cash transfers between the state and its citizens. As manufacturing employment has declined and wage inequality has grown since the 1970s, cash benefits and tax credits have become an important source of income for millions of working-age households, including many low-paid workers with children. The nature and purpose of these transfer payments, however, remain highly contested. Conservative and New Labour governments have used in-work benefits and conditionality requirements to 'activate' the unemployed and reinforce the incentives to take low-paid work - an approach which has reached its apogee in Universal Credit. By contrast, a growing number of campaigners have argued that the challenge of providing economic security in an age of automation would be better met by paying a Universal Basic Income to all citizens. Transfer State provides the first detailed history of guaranteed income proposals in modern Britain, which brings together intellectual history and archival research to show how the pursuit of an integrated tax and benefit system has shaped UK public policy since 1918. The result is a major new analysis of the role of cash transfers in the British welfare state which sets Universal Credit in a historical perspective and examines the cultural and political barriers to a Universal Basic Income.
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution: HC102.5.A38 S56 2019
Author(s): Gregory Zuckerman
New York, NY : Portfolio / Penguin 
NEW YORK TIMES BESTSELLER Gregory Zuckerman, the bestselling author of The Greatest Trade Ever and The Frackers, answers the question investors have been asking for decades: How did Jim Simons do it? Shortlisted for the Financial Times/McKinsey Business Book of the Year Award Jim Simons is the greatest money maker in modern financial history. No other investor--Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros--can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth twenty-three billion dollars. Drawing on unprecedented access to Simons and dozens of current and former employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the gripping story of how a world-class mathematician and former code breaker mastered the market. Simons pioneered a data-driven, algorithmic approach that's sweeping the world. As Renaissance became a market force, its executives began influencing the world beyond finance. Simons became a major figure in scientific research, education, and liberal politics. Senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign and funding Trump's victorious 2016 effort. Mercer also impacted the campaign behind Brexit. The Man Who Solved the Market is a portrait of a modern-day Midas who remade markets in his own image, but failed to anticipate how his success would impact his firm and his country. It's also a story of what Simons's revolution means for the rest of us.
Industry and Empire: From 1750 to the Present Day
Industry and Empire: From 1750 to the Present Day: HC253 .H57 1999
Author(s): Eric J. Hobsbawm, Chris Wrigley
New York : Distributed by WW Norton; New Press ©1999.
Updates the classic study of the industrial revolution, while exploring Britain's rise and subsequent decline from industrial power
Changing Times: Economics, Policies, and Resource Allocation in Britain Since 1951
Changing Times: Economics, Policies, and Resource Allocation in Britain Since 1951: HC256 .C475 2020
Author(s): Martin (Professor of Economic History Chick, Professor of Economic History University of Edinburgh), Martin Chick
Oxford : Oxford University Press 2020.
This is a study of how, and why, the British economy has changed since 1951. It covers the Golden Age of 1945-1973 when unemployment was below one million; when governments built millions of council houses and flats; when electricity, telephones, and gas were supplied by nationalisedmonopolies; when income and wealth inequality were narrowing; and when the UK was not a member of the European Economic Community. Moving through the inflation, rising unemployment, and rapid contraction of the manufacturing industry from the mid- 1970s, Changing Times examines the transfer ofassets which was effected in the privatisation of public housing and nationalised industries from the early 1980s. The role of the State changed as public investment fell. The financing of old-age care, of state pensions, and of the National Health Service became of increasing concern and were lesspolitically amenable to the approach of using private finance (the Private Finance Initiative and tuition fees) to fund former public obligations. Changes were made to the system of taxation, but public expenditure changed little as a share of national income, although the government now builtlittle. Difficulties emerged in ensuring adequate housing for a growing population, and uncertainty grew as to where future investment in necessities like electricity supply would come from. Having narrowed in the Golden Age, inequality of income and wealth widened. Environmental concerns also grew,from the local smogs of the 1950s, through the concern with acid rain from the 1960s, to the current global concern with climate change. The financial crash of 2008 and the decision to "Brexit" in the referendum of 2016 reduced economic growth and highlighted the extent of economic change since1951. This is a study of that change.
The Japanese Economy
The Japanese Economy: HC462.9 .I79 2020
Author(s): Takatoshi Ito, Takeo Hoshi
Cambridge, Massachussetts : The MIT Press 
The second edition of a comprehensive account of all the major aspects of the Japanese economy, substantially updated and expanded. This textbook offers a comprehensive, rigorous but accessible account of all the major aspects of the Japanese economy, grounding its approach in mainstream economics. The second edition has been extensively revised and substantially updated, with new material that covers Japan's period of economic stagnation between 1991 and 2010. The first edition, published in 1992, focused on Japan as a success story of catch-up economic development; this edition reflects the lessons learned from Japan's Lost Two Decades. After presenting the historical background, the book begins with macroeconomics, studying growth and business cycles. It then covers essential policy issues, with new material that takes into account the Japanese banking crisis of 1997–1998 and the global financial crisis of 2008–2009, discussing financial regulation, monetary policy, and fiscal policy. It goes on to examine saving, demography, and social security in light of Japan's ongoing demographic transition; industrial organization; labor markets; international trade and international finance; and the Japan–U.S. relationship. A new chapter offers a detailed analysis of the Lost Two Decades, synthesizing and applying concepts discussed in previous chapters and offering insights into such issues as successful catch-up growth, demographic shifts, and credit booms and busts.
Implementing Inequality: The Invisible Labor of International Development
Implementing Inequality: The Invisible Labor of International Development: HC950.Z9 E444 2020
Author(s): Rebecca Warne Peters
New Brunswick : Rutgers University Press 
Implementing Inequality argues that the international development industry’s internal dynamics—between international and national staff, and among policy makers, administrators, and implementers—shape interventions and their outcomes as much as do the external dynamics of global political economy. Through an ethnographic study in postwar Angola, the book demonstrates how the industry’s internal social pressures guide development’s methods and goals, introducing the innovative concept of the development implementariat: those in-country workers, largely but not exclusively “local” staff members, charged with carrying out development’s policy prescriptions. The implementariat is central to the development endeavor but remains overlooked and under-supported as most of its work is deeply social, interactive, and relational, the kind of work that receives less recognition and support than it deserves at every echelon of the industry. If international development is to meet its larger purpose, it must first address its internal inequalities of work and professional class.
Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions
Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions: HD75.5 .M43 2020
Author(s): Barbara M. Fraumeni
London, United Kingdom : Academic Press an imprint of Elsevier 
Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson. Demonstrates how an approach based on sources of economic growth (KLEMS – capital, labor, energy, materials and services) can be used to analyze economic growth and productivity Includes examples covering the G7, E7, EU, Latin America, Norway, China, Taiwan, Japan, Korea, India and other South Asian countries Examines the effects of digital, information, communication and integrated technologies on national and regional economies
Why Austerity Persists
Why Austerity Persists: HD87 .S5424 2020
Author(s): Jon Shefner, Cory Blad
Cambridge, UK ; Polity Press 2020.
Several nations in the Global North have turned to austerity policies in an effort to resolve recent financial ills. What many failed to recognize is the longer history and varied pattern of such policies in the Global South over preceding decades – policies which had largely proven to fail. Shefner and Blad trace the 45-year history of austerity and how it became the go-to policy to resolve a host of economic problems. The authors use a variety of international cases to address how austerity has been implemented, who has been hurt, and who has benefited. They argue that the policy has been used to address very different kinds of crises, making states and polities responsible for a variety of errors and misdeeds of private actors. The book answers a number of important questions: why austerity persists as a policy aimed at resolving national crises despite evidence that it often does not work; how the policy has evolved over recent decades; and which powerful people and institutions have helped impose it across the globe. This timely book will appeal to students, researchers, and policymakers interested in globalization, development, political economy, and economic sociology.
The Paradox of Fiscal Austerity: How Cutting Deficits Saved the Modern World
The Paradox of Fiscal Austerity: How Cutting Deficits Saved the Modern World: HD87 .V45 2020
Author(s): Velez-Hagan Justin
Lanham, Maryland : Lexington Books 
If governments followed the optimal fiscal policy path, surpluses in good times would counter necessary deficits during economic downturns, leading to worldwide balance. The world, however, has chosen to go in a different direction in recent decades, avoiding thrift in light of a decidedly more indebted future. When financial crises kicked off a global recession in 2008, the spotlight placed on countries' fiscal conditions put pressure on policymakers around the globe to find a way to slow the growth of deficits and debt by imposing fiscal consolidations (or, more simply, austerity). How have these policies fared across the developed world? Were they even necessary to begin with? This book examines the many factors that have contributed to the success (or failure) of such policies, including timing, magnitude, accompanying policies, composition, and more, while explaining the economic rationale behind their choices.
Public Private Partnerships: Construction, Protection, and Rehabilitation of Critical Infrastructure
Public Private Partnerships: Construction, Protection, and Rehabilitation of Critical Infrastructure: HD3871 .P8355 2019
Author(s): Robert M. Clark, Simon Hakim
Cham, Switzerland : Springer 
This book discusses Public-Private Partnerships (PPPs) and their potential to protect and maintain critical infrastructure in a variety of global governmental settings. Critical infrastructure is defined as essential services that underpin and support the backbone of a nation's economy, security, and health. These services include the power used by homes and businesses, drinking water, transportation, stores and shops, and communications. As governmental budgets dwindle, the maintenance of critical infrastructure and the delivery of its related services are often strained. PPPs have the potential to fill the void between government accounting and capital budgeting. This volume provides a survey of PPPs in critical infrastructure, combining theory and case studies to provide a comprehensive view of possible applications. Written by a diverse group of international experts, the chapters detail PPPs across industries such as transportation, social infrastructure, healthcare, emergency services, and water across municipalities from the US to New Zealand to Hong Kong. Chapters discuss objectives and legal requirements associated with PPPs, the potential advantages and limitations of PPPs, and provide guidance as to how to structure a successful PPP for infrastructure investment. This book is of interest to researchers studying public administration, public finance, and infrastructure as well as practitioners and decision makers interested in instituting PPPs in their communities.
Apprenticeship in Early Modern Europe
Apprenticeship in Early Modern Europe: HD6473.E85 A66 2020
Author(s): Maarten Prak, Patrick Wallis
Cambridge, United Kingdom ; Cambridge University Press 2020.
This comparative study of the European history of apprenticeship offers a comprehensive picture of occupational training before the Industrial Revolution.
The WTO and Economic Development
The WTO and Economic Development: HF1385 .W778726 2019
Author(s): Ben Zissimos
Cambridge, Massachusetts : The MIT Press 
Economists offer rigorous quantitative analyses of how the institutional design and purpose of the WTO (and its progenitor, the GATT) affect economic development. The World Trade Organization (WTO) was established partly to support economic development in developing countries through international trade. This goal has been elusive, with some questioning the WTO's ability to achieve such a goal. In this volume, leading scholars in the economics of international trade offer rigorous quantitative analyses of how the institutional design and purpose of the WTO (and its progenitor, the GATT) affect economic development. The volume begins with analyses of market access concessions that have been or could be exchanged between developing and developed countries, from a formal framework for incorporating non-tariff measures into a model for analyzing a multilateral trade agreement to an examination of the MFN (most-favored nation) free rider problem. Contributors then develop new theoretical and econometric approaches for understanding key aspects of trade liberalization under the GATT/WTO that are of particular relevance to economic development, considering such topics as achieving cooperation in eliminating prohibitive trade barriers and the effect of China's export subsidies on its dramatic growth in exports. Finally, the book considers two significant new issues that arose from the Uruguay round, from which the WTO was formed: the TRIPS agreement, regulating intellectual property; and the resolution of trade disputes with and without litigation. Taken together, these analyses shed new light on the relationship between trade liberalization and economic development as well as the WTO's effectiveness.
Creating Economic Space for Social Innovation
Creating Economic Space for Social Innovation: HM831 .C74 2019
Author(s): Alex Nicholls, Rafael Ziegler
Oxford, United Kingdom : Oxford University Press 2019.
This book draws upon economic and sociological theory to provide a comprehensive discussion of economic space for social innovation, addressing especially marginalized groups and the long-term projects, programmes, and policies that have emerged and evolved within and across European states.It approaches the explanatory and normative questions raised by this topic via a novel approach: the Extended Social Grid Model (ESGM). Taking inspiration from the fields of economic sociology and ethics, this model shows that social innovation processes must be structural, and require change inpower relations, if marginalization is to be effectively dealt with via social innovation.Part I of the book sets out the ESGM, including an exposition on the model along with background chapters on innovation, power and marginalization, ethics and social innovation, and empirical methods. Part II explores the model with a focus on social innovation trajectories of social housing,drinking water provision, employment, education, and food provision. It also explores the operationalization of the model with a view to agency and empowerment, as well as social innovation policy in Europe and the use of social impact bonds as a tool for financing social innovation. Part IIIrevisits the ESGM and considers the explanatory adequacy and fruitfulness of the model for innovation research and for theorizing social innovation, addressing questions on the role and limitations of participation in social innovation for the marginalized, the role of capital for creating economicspace for capabilities, and how we can approach the social impact of social innovation.This collection of essays presents a diverse range of perspectives on understanding and addressing the key issue of marginalization, and offers key recommendations for policy makers engaging with social innovation across the European Union and beyond.
The Politics of Digital India: Between Local Compulsions and Transnational Pressures
The Politics of Digital India: Between Local Compulsions and Transnational Pressures: HM851 .T46 2019
Author(s): Pradip Thomas
New Delhi, India : Oxford University Press 2019.
This book locates Digital India in context. It deals with the many ways in which Digital India is shaped by local pressures and political expediencies as much as by global pressures, namely from one of India's strongest allies, the USA. However, this relationship with the USA is by no means straightforward and this book illustrates the highs and lows of this relationship. As importantly, this book deals with the larger Indian reality in which the digital is but one sector, albeit an increasingly important one. There are other sectors including agriculture and the informal sectors on which many million Indians depend on their livelihoods. These sectors too are becoming exposed to the digital and this has resulted in the presence of multiple digital spheres in India. This book deals with the ambivalent Indian State that is on the one hand attempting to control its citizens through some of these digital spheres while also investing in public access projects such as Digital India and resisting the power of Big Brother, namely the USA. This is an important contribution to understanding Digital India precisely because it attempts to account for some of its complexities.
The Case for Community Wealth Building
The Case for Community Wealth Building: HN49.C6 G84 2020
Author(s): Joe Guinan, Martin O'Neill
Cambridge, UK ; Polity Press 2020.
Our broken economic model drives inequality and disempowerment, lining the pockets of corporations while extracting wealth from local communities. How can we reverse this? Joe Guinan and Martin O’Neill argue for an approach that uses the power of democratic participation to drive equitable development and ensure that wealth is widely shared. They show how this model – Community Wealth Building – can transform our economic system by creating a web of collaborative institutions, from worker cooperatives to community land trusts and public banks, that empower and enrich the many, not the few. This book is essential reading for everyone interested in building more equal, inclusive, and democratic societies.
Tightrope: Americans Reaching for Hope
Tightrope: Americans Reaching for Hope: HN59.2 K75 2019
Author(s): Nicholas D. Kristof, Sheryl WuDunn
New York : Alfred A Knopf 2020.
New York Times Best Seller "A deft and uniquely credible exploration of rural America, and of other left-behind pockets of our country. One of the most important books I've read on the state of our disunion."—Tara Westover, author of Educated The Pulitzer Prize-winning authors of the acclaimed, best-selling Half the Sky now issue a plea--deeply personal and told through the lives of real Americans--to address the crisis in working-class America, while focusing on solutions to mend a half century of governmental failure. With stark poignancy and political dispassion, Tightrope draws us deep into an "other America." The authors tell this story, in part, through the lives of some of the children with whom Kristof grew up, in rural Yamhill, Oregon, an area that prospered for much of the twentieth century but has been devastated in the last few decades as blue-collar jobs disappeared. About one-quarter of the children on Kristof's old school bus died in adulthood from drugs, alcohol, suicide, or reckless accidents. And while these particular stories unfolded in one corner of the country, they are representative of many places the authors write about, ranging from the Dakotas and Oklahoma to New York and Virginia. But here too are stories about resurgence, among them: Annette Dove, who has devoted her life to helping the teenagers of Pine Bluff, Arkansas, as they navigate the chaotic reality of growing up poor; Daniel McDowell, of Baltimore, whose tale of opioid addiction and recovery suggests that there are viable ways to solve our nation's drug epidemic. These accounts, illustrated with searing images by Lynsey Addario, the award-winning photographer, provide a picture of working-class families needlessly but profoundly damaged as a result of decades of policy mistakes. With their superb, nuanced reportage, Kristof and WuDunn have given us a book that is both riveting and impossible to ignore.
Urban Hunters: Dealing and Dreaming in Times of Transition
Urban Hunters: Dealing and Dreaming in Times of Transition: HN730.8.U53 H65 2019
Author(s): Lars Højer, Morten Axel Pedersen
New Haven : Yale University Press 
An ethnography of the Mongolian capital city of Ulaanbaatar during the nation's transition from socialism to a market-based economic system Urban Hunters is an ethnography of the Mongolian capital city, Ulaanbaatar, during the nation's transition from socialism to a market-based economic system. Following the Soviet Union's collapse in 1991, Mongolia entered a period of economic chaos characterized by wild inflation, disappearing banks, and closing farms, factories, and schools. During this time of widespread poverty, a generation of young adults came of age. In exploring the social, cultural, and existential ramifications of a transition that has become permanent and acquired a logic of its own, Lars Højer and Morten Axel Pedersen present a new theorization of social agency in postsocialist as well as postcolonial contexts.
Making the Modern Slum: The Power of Capital in Colonial Bombay
Making the Modern Slum: The Power of Capital in Colonial Bombay: HV4140.M86 C44 2019
Author(s): Sheetal Chhabria
Seattle : University of Washington Press 
In the late nineteenth and early twentieth centuries, Bombay was beset by crises such as famine and plague. Yet, rather than halting the flow of capital, these crises served to secure it. In colonial Bombay, capitalists and governors, Indian and British alike, used moments of crisis to justify interventions that delimited the city as a distinct object and progressively excluded laborers and migrants from it. Town planners, financiers, and property developers joined forces to secure the city as a space for commerce and encoded shelter types as legitimate or illegitimate. By the early twentieth century, the slum emerged as a particularly useful category of stigmatization that would animate city-making projects in subsequent decades. Sheetal Chhabria locates the origins of Bombay’s now infamous “slum problem” in the broader histories of colonialism and capitalism. She not only challenges assumptions about colonial urbanization and cities in the global south, but also provides a new analytical approach to urban history. Making the Modern Slum shows how the wellbeing of the city–rather than of its people–became an increasingly urgent goal of government, positioning agrarian distress, famished migrants, and the laboring poor as threats to be contained or excluded.
The African Roots of Marijuana
The African Roots of Marijuana: HV5822.M3 D88 2019
Author(s): Chris S. Duvall
Durham : Duke University Press 2019.
After arriving from South Asia approximately a thousand years ago, cannabis quickly spread throughout the African continent. European accounts of cannabis in Africa—often fictionalized and reliant upon racial stereotypes—shaped widespread myths about the plant and were used to depict the continent as a cultural backwater and Africans as predisposed to drug use. These myths continue to influence contemporary thinking about cannabis. In The African Roots of Marijuana Chris S. Duvall corrects common misconceptions while providing an authoritative history of cannabis as it flowed into, throughout, and out of Africa. Duvall shows how preexisting smoking cultures in Africa transformed the plant into a fast-acting and easily dosed drug and how it later became linked with global capitalism and the slave trade. People often used cannabis to cope with oppressive working conditions under colonialism, as a recreational drug, and in religious and political movements. This expansive look at Africa's importance to the development of human knowledge about marijuana will challenge everything readers thought they knew about one of the world's most ubiquitous plants.