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Business History Review 88 (2014), 3

Titel der Ausgabe 
Business History Review 88 (2014), 3
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Herausgeber
Walter A. Friedman, Harvard Business School, USA / Geoffrey Jones, Harvard Business School, USA
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Institution
Business History Review
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United Kingdom
Von
Mielbrandt, Björn

Inhaltsverzeichnis

Editorial

Editors’ Note
Business History Review , Volume 88 , Issue 03 , September 2014, pp 443 – 443
doi: 10.1017/S0007680514000397
Published Online on 31st October 2014

Research Articles

Cartel Theory and Cartel Practice: The Case of the International Aluminum Cartels, 1901–1940
Espen Storli
Business History Review , Volume 88 , Issue 03 , September 2014, pp 445 – 467
doi: 10.1017/S0007680514000385
Published Online on 15th September 2014

The study of cartels is important to economists as well as business historians, but, on the whole, there has been little cross cultivation between the two academic fields. This article examines cartel theory developed by economists in the context of the historical case of international aluminum cartels in existence before 1940. By analyzing three basic theoretical questions—when cartels appear, when they break down, and when they are successful—in light of the empirical evidence of the aluminum industry, the article argues that economics and history, although they have very different approaches, can profit from using each other’s methods when studying cartels.

Shaping Globalization: London’s Merchant Bankers in the Early Nineteenth Century
Manuel Llorca-Jaña
Business History Review , Volume 88 , Issue 03 , September 2014, pp 469 – 495
doi: 10.1017/S0007680514000403
Published Online on 31st October 2014

This article argues that entrepreneurs, not governments or markets, shaped globalization during the early nineteenth century. The article concentrates on the trading and financial activities of London merchant bankers, and in particular on the different diversification strategies they followed. Although most London merchant bankers remained cautious and did not diversify their operations either geographically or in the products they traded during this period, Huth Co. established an impressive global network of trade and lending, dealing with over six thousand correspondents worldwide in a wide range of products. This firm shaped globalization well before the transport and communication revolution of the last quarter of the nineteenth century.

When Innovation Becomes Inefficient: Reexamining Britain’s Radio Industry
Peter Scott
Business History Review , Volume 88 , Issue 03 , September 2014, pp 497 – 521
doi: 10.1017/S0007680514000415
Published Online on 31st October 2014

I examine the factors underpinning the British radio-equipment sector’s particularly poor interwar productivity performance relative to the United States. Differences in socio-legal environments were crucial in allowing key players in the British industry to derive higher monopoly rents than their American counterparts. Higher British rents in turn, had the unintended outcome of stimulating innovation around restrictive patents, initiating a path-dependent process of technical change in favor of expensive multifunctional valves. These valves both raised direct production costs and prevented British firms from following the American path of broadening the radio market beyond the household’s prime receiver.

A Tomato for All Seasons: Innovation in American Agricultural Production, 1900–1945
John Hoenig
Business History Review , Volume 88 , Issue 03 , September 2014, pp 523 – 544
doi: 10.1017/S0007680514000427
Published Online on 31st October 2014

Economic and geographic centralization are typically seen as critical components of the industrialization of food during the late nineteenth and twentieth centuries. The development of the fresh- and processed-tomato industries during this period offers an important counterexample to this dominant narrative. Between the late nineteenth century and World War II, the most salient characteristic of both fresh- and processed-tomato production was economic and geographic decentralization. This article argues that the emergence of sites of tomato production and processing in virtually every region of the country played a vital role in fulfilling the long-standing quest for year-round access to both fresh and processed tomatoes.

A Failure of Regulation? Reinterpreting the Panic of 1907
Bradley A. Hansen
Business History Review , Volume 88 , Issue 03 , September 2014, pp 545 – 569
doi: 10.1017/S0007680514000439
Published Online on 31st October 2014

Lax regulation enabled trust companies to take excessive risks, according to previous studies of the Panic of 1907, leading to a loss of confidence and massive runs. These studies have, however, given relatively little attention to the historical development of trust companies. This article argues that a more historical perspective can lead to a better understanding of the institutional framework and the actions of trust companies. Depositors did not lose confidence because of inadequate regulation; depositors lost confidence in specific trust companies because of false rumors, and diversity among trust companies hindered cooperation to halt the Panic.

Announcement

Announcements
Business History Review , Volume 88 , Issue 03 , September 2014, pp 571 – 573
doi: 10.1017/S0007680514000695
Published Online on 31st October 2014

Abstracts From Articles In International Business History Journals

Selected Abstracts from International Business History Journals
Business History Review , Volume 88 , Issue 03 , September 2014, pp 575 – 581
doi: 10.1017/S0007680514000440
Published Online on 31st October 2014

Review Essay

Thomas Piketty, Capital in the Twenty-First Century. Translated by Arthur Goldhammer
Per H. Hansen
Business History Review , Volume 88 , Issue 03 , September 2014, pp 583 – 591
doi: 10.1017/S0007680514000452
Published Online on 10th October 2014

Rarely does a relatively unknown professor of economics publish a book that sells more than 200,000 copies in a few months. When critics accuse the same economist of being normative, political, of manipulating data, of misunderstanding basic economic theory, and of wanting to impoverish everyone, surely it must be because he is on to something. Other commentators, perhaps a bit prematurely, are claiming that his book is the economics book that will define twenty-first-century debate.

Book Reviews

Business in the Age of Extremes: Essays in Modern German and Austrian Economic History.Edited byHartmut Berghoff,Jürgen Kocka,andDieter Ziegler.New York:Cambridge University Press,2013. ix + 249 pp. Appendix, bibliography, index. Cloth, $90.00. ISBN:978-1-107-01695-8.
Christopher Kobrak
Business History Review , Volume 88 , Issue 03 , September 2014, pp 593 – 595
doi: 10.1017/S0007680514000476
Published Online on 31st October 2014

The Good Rich and What They Cost Us.ByRobert F. DalzellNew Haven:Yale University Press,2013. 199 pp. Illustrations, photographs, notes, index. Cloth, $28.00. ISBN:978-0-300-17559-2.
Maury Klein
Business History Review , Volume 88 , Issue 03 , September 2014, pp 595 – 597
doi: 10.1017/S0007680514000506
Published Online on 31st October 2014

The People’s Network: The Political Economy of the Telephone in the Gilded Age.ByRobert MacDougall.Philadelphia:University of Pennsylvania Press,2014. 332 pp. Photographs, maps, illustrations, figures, notes, index. Cloth, $55.00. ISBN:978-0-8122-4569-1.
Michael Stamm
Business History Review , Volume 88 , Issue 03 , September 2014, pp 598 – 600
doi: 10.1017/S0007680514000579
Published Online on 31st October 2014

Dominion of Capital: The Politics of Big Business and the Crisis of the Canadian Bourgeoisie, 1914–1947.ByDon Nerbas.Toronto:University of Toronto Press,2013. 378 pp. Photographs, notes, index. Cloth, $80.00; paper, $34.95. ISBN: cloth,978-1-4426-4545-5; paper,978-1-4426-1352-2.
Christopher Armstrong
Business History Review , Volume 88 , Issue 03 , September 2014, pp 600 – 602
doi: 10.1017/S0007680514000609
Published Online on 31st October 2014

The Reckoning: Financial Accountability and the Rise and Fall of Nations.ByJacob Soll.New York:Basic Books,2014. viii + 276 pp. Photographs, bibliography, notes, index. Cloth, $28.99. ISBN:978-465-03152-8.
Sophus A. Reinert
Business History Review , Volume 88 , Issue 03 , September 2014, pp 602 – 605
doi: 10.1017/S0007680514000683
Published Online on 31st October 2014

The Unwieldy American State: Administrative Politics since the New Deal.ByJoanna L. Grisinger.New York:Cambridge University Press,2012. xiii + 309 pp. Bibliography, index. Cloth, $85.00. ISBN:978-1-107-00432-0.
Elizabeth Tandy Shermer
Business History Review , Volume 88 , Issue 03 , September 2014, pp 605 – 608
doi: 10.1017/S0007680514000555
Published Online on 31st October 2014

Fortune Tellers: The Story of America’s First Economic Forecasters.ByWalter A. Friedman.Princeton:Princeton University Press,2014. xi + 273 pp. Illustrations, photographs, maps, notes, index. Cloth, $29.95. ISBN:978-0-691-15911-9.
Mark Casson
Business History Review , Volume 88 , Issue 03 , September 2014, pp 608 – 610
doi: 10.1017/S0007680514000543
Published Online on 31st October 2014

Health Care for Some: Rights and Rationing in the United States since 1930.ByBeatrix Hoffman.Chicago:University of Chicago Press,2012. xxxv + 319 pp. Photographs, illustrations, glossary, bibliography, notes, index. Cloth, $30.00. ISBN:978-0-226-34803-2.
Christy Ford Chapin
Business History Review , Volume 88 , Issue 03 , September 2014, pp 610 – 612
doi: 10.1017/S0007680514000567
Published Online on 31st October 2014

The Great Escape: Health, Wealth, and the Origins of Inequality.ByAngus Deaton.Princeton:Princeton University Press,2013. xvi + 360 pp. Illustrations, tables, notes, index. Cloth, $29.95. ISBN:978-0-6911-5354-4.
Marc Egnal
Business History Review , Volume 88 , Issue 03 , September 2014, pp 612 – 614
doi: 10.1017/S000768051400052X
Published Online on 31st October 2014

The Making of Black Detroit in the Age of Henry Ford.ByBeth Tompkins Bates.Chapel Hill:University of North Carolina Press,2012. xiii + 343 pp. Illustrations, figures, bibliography, notes, index. Cloth, $45.00. ISBN:978-0-8078-3564-7.
Luther Adams
Business History Review , Volume 88 , Issue 03 , September 2014, pp 615 – 617
doi: 10.1017/S0007680514000464
Published Online on 31st October 2014

German Merchants in the Nineteenth-Century Atlantic.ByLars Maischak.New York:Cambridge University Press,2013. xxii + 295 pp. Maps, figures, tables, glossary, bibliography, index. Cloth, $95.00. ISBN:978-1-107-01729-0.
Margrit Schulte Beerbühl
Business History Review , Volume 88 , Issue 03 , September 2014, pp 617 – 619
doi: 10.1017/S0007680514000580
Published Online on 31st October 2014

Engineering Philadelphia: The Sellers Family and the Industrial Metropolis.ByDomenic Vitiello.Ithaca:Cornell University Press,2013. xiv + 267 pp. Photographs, illustrations, maps, notes, index. Cloth, $35.00. ISBN:978-0-8014-5011-2.
John Hepp
Business History Review , Volume 88 , Issue 03 , September 2014, pp 620 – 622
doi: 10.1017/S0007680514000646
Published Online on 31st October 2014

Refrigeration Nation: A History of Ice, Appliances, and Enterprise in America.ByJonathan Rees.Baltimore:Johns Hopkins University Press,2013. x + 236 pp. Illustrations, tables, notes, index. Cloth, $45.00. ISBN:978-1-4214-1106-4.
Terje Finstad
Business History Review , Volume 88 , Issue 03 , September 2014, pp 622 – 624
doi: 10.1017/S0007680514000610
Published Online on 31st October 2014

A City Consumed: Urban Commerce, the Cairo Fire, and the Politics of Decolonization in Egypt.ByNancy T. Reynolds.Stanford:Stanford University Press,2012. ix + 355 pp. Illustrations, photographs, maps, bibliography, notes, index. Cloth, $45.00. ISBN:978-0-8047-8126-8.
Robert L. Tignor
Business History Review , Volume 88 , Issue 03 , September 2014, pp 624 – 627
doi: 10.1017/S0007680514000634
Published Online on 31st October 2014

Chicago Business and Industry: From Fur Trade to E-Commerce.Edited byJanice L. Reiff.Chicago:University of Chicago Press,2013. xii + 377 pp. Photographs, maps, illustrations, bibliography, index. Paper, $22.50. ISBN:978-0-226-70936-9.
Timothy B. Spears
Business History Review , Volume 88 , Issue 03 , September 2014, pp 627 – 629
doi: 10.1017/S0007680514000622
Published Online on 31st October 2014

Capital as Will and Imagination: Schumpeter’s Guide to the Postwar Japanese Miracle.ByMark Metzler.Ithaca:Cornell University Press,2013. xviii + 295 pp. Appendix, notes, references, index. Cloth, $49.95. ISBN:978-0-8014-5179-9.
James R. Lincoln
Business History Review , Volume 88 , Issue 03 , September 2014, pp 629 – 632
doi: 10.1017/S0007680514000592
Published Online on 31st October 2014

Pink Globalization: Hello Kitty’s Trek across the Pacific. ByChristine R. Yano.Durham:Duke University Press,2013. xiv + 322 pp. Photographs, illustrations, tables, appendix, references, notes, index. Cloth, $89.95. ISBN:978-0-8223-5351-5.
Helen Macnaughtan
Business History Review , Volume 88 , Issue 03 , September 2014, pp 632 – 634
doi: 10.1017/S0007680514000658
Published Online on 31st October 2014

Derivate und Finanzstabilität: Erfahrung aus vier Jahrhunderten [Derivatives and Financial Stability: Experience from Four Centuries].Edited byHanna Floto-Degener.Stuttgart:Franz Steiner Verlag,2013. Institut für Bankhistorische Forschung, Bankhistorisches Archiv, Beiheft 48. 97 pp. Figures, tables. Paper, €27.00. ISBN:978-3-515-10334-3.
Boris Gehlen
Business History Review , Volume 88 , Issue 03 , September 2014, pp 634 – 637
doi: 10.1017/S0007680514000531
Published Online on 31st October 2014

Les banques et les mutations des entreprises: Le cas de Lille-Roubaix-Tourcoing aux XIXe et XXe siècles [Banks and Business Change: The Case of Lille-Roubaix-Tourcoing in the Nineteenth and Twentieth Centuries].Edited byHubert BoninandJean-François Eck.Villeneuve d'Ascq:Presses Universitaires du Septentrion,2012. 323 pp. Illustrations, photographs, maps, figures, tables, index. Paper, €25.00. ISBN:978-2-7574-0412-6.
Michael S. Smith
Business History Review , Volume 88 , Issue 03 , September 2014, pp 637 – 639
doi: 10.1017/S0007680514000488
Published Online on 31st October 2014

Le siècle des chefs: Une histoire transnationale du commandement et de l'autorité (1890–1940) [The Century of Leaders: A Transnational History of Command and Authority (1890–1940)].ByYves Cohen.Paris:Éditions Amsterdam,2013. 872 pp. Illustrations, maps, bibliography, tables, index. Paper, €25.00. ISBN:978-2-35480-120-5.
Ludovic Cailluet
Business History Review , Volume 88 , Issue 03 , September 2014, pp 640 – 642
doi: 10.1017/S000768051400049X
Published Online on 31st October 2014

L'Histoire économique en mouvement: Entre héritages et renouvellements [Economic History in Motion: Between Heritage and Renewal].Edited byJean-Claude Daumas.Villeneuve d'Ascq:Presses Universitaires du Septentrion,2012. 405 pp. Figures, tables. Paper, €30.00. ISBN:978-2-7574-0376-1.
Jeff Horn
Business History Review , Volume 88 , Issue 03 , September 2014, pp 642 – 644
doi: 10.1017/S0007680514000518
Published Online on 31st October 2014

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