Simon Kuznets and the Invention of the Economy

Simon Kuznets and the Invention of the Economy

Economics sometimes feels like a physics–so sturdy, so objective, and so immutable. Yet, behind every clean number or eye-popping graph, there is usually a rather messy story, a story shaped by values, interests, ideologies, and petty bureaucratic politics. In Cited Podcast’s new mini-series, the Use and Abuse of Economic Expertise, we tell the hidden stories of the economic ideas that shape our world. For future episodes of our series, and a full list of credits, visit our series page. On episode one, we begin at the beginning: the invention of the modern economy, or at least the idea of the economy. It starts with one measure: the GDP, or gross domestic product. It’s a measure that comes to define what we mean by ‘the economy.’ Before GDP, we did not really speak in those terms. Cited producer Alec Opperman talks to sociologist Dan Hirshman, who brings the story of the man who pioneered the GDP, Simon Kuznets. Yet, the GDP was not the measure the Kuznets hoped it would be. It’s a story that reveals the surprisingly contentious politics of counting things up. Plus, what about alternatives to GDP? The Genuine Progress Indicator, the Human Development Index, the Green GDP, and so on. These measures are said to be more progressive, as they often capture things we value (like, care work for instance), and subtracting out things we could use less off (like, environmental degradation). Scholars and policy wonks have been raging about these types of measures for decades, but they have not taken off. Why? Economic historian Dirk Philipsen, author of The Little Big Number: How GDP Came to Rule the World and What to Do About It (Princeton UP, 2017), talks to Alec about why a good number alone is never enough to change the world. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/military-history

Jaksot(1522)

John Lukacs, “Blood, Toil, Tears and Sweat: The Dire Warning” (Basic Books, 2008)

John Lukacs, “Blood, Toil, Tears and Sweat: The Dire Warning” (Basic Books, 2008)

Much has been written about Winston Churchill recently. Some love him, some hate him. But few understand him, at least as well as John Lukacs. That’s hardly a surprise as Lukacs has been thinking and writing about Churchill for over fifty years. He’s written a wonderful book focusing on one of Churchill’s best known speeches, namely the one he gave upon becoming Prime Minister on May 13, 1940. In it, Churchill uttered the memorable and ringing statement that he had nothing to offer the British people but “blood, toil, tears and sweat.” Hence the title of Lukacs’ book: Blood, Toil, Tears and Sweat. The Dire Warning (Basic Books, 2008). Things were bad, very bad, in May of 1940. Churchill knew it. We, as Lukacs points out, seem to have forgotten it. Britain was not only losing the war, but according to many had already lost it. For most, Churchill included, the question was not simply how to make the best of a bad situation, but whether the UK, the Empire, Europe and the cause of freedom would survive at all. Churchill wanted to tell all who would listen how disastrous and momentous things were. He found just the right words, though people at the time didn’t realize it. Only as the scope of the task became clear did “blood, toil, tears and sweat” gain the reality–and meaning–that they have for us today. We should thank John Lukacs for reminding us of them. Please become a fan of “New Books in History” on Facebook if you haven’t already. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/military-history

18 Heinä 200839min

Kimberly Jensen, “Mobilizing Minerva: American Women in the First World War” (University of Illinois Press, 2008)

Kimberly Jensen, “Mobilizing Minerva: American Women in the First World War” (University of Illinois Press, 2008)

Today we have Professor Kimberly Jensen on the show. She teaches in the Department of History and in the Gender Studies Program at Western Oregon University. We’ll be talking with Kim today about her new book Mobilizing Minerva: American Women in the First World War (University of Illinois Press, 2008). I’m a bit of a war buff, so I was very eager to read the book. It certainly didn’t disappoint. The book offers a detailed analysis of female physicians, nurses and women-at-arms and their struggles before, during and after the war. And it’s fun to read. Did I say Kim got her Ph.D. right here at Iowa? Not that I’m biased… Please become a fan of “New Books in History” on Facebook if you haven’t already. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/military-history

31 Touko 20081h

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