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Hudson J: Under Siege: Standard Oil in
South China, 1915-1928

Under Siege: Standard Oil in South China, 1915-1928

Why Britain's energy path gave rise to an ideology of endless growth Despite the warnings of climate scientists, the world remains dangerously addicted to fossil fuel. Why has it been so difficult to break this habit? In a major new account, Fredrik Albritton Jonsson suggests that the planetary emergency has profound historical roots reaching back to the making of the first fossil fuel economy in eighteenth-century Britain. Rather than look for a single dramatic rupture centered on the steam-powered factory system, in Infinite Coal Albritton Jonsson shows that there was a much more gradual and multidimensional development of the first coal economy, stretching from the deep mine and ironworks to the household and the global food system. Albritton Jonsson explores not only the material forces behind the British energy path but also how ideas about fossil fuel energy reoriented politics and society toward a new ideal of growth. At the same time an environmental and political history of Britain’s energy transformation, Infinite Coal explains why and how coal became so deeply embedded in our way of life. Albritton Jonsson argues that the most important legacy of Britain’s early fossil fuel economy is fossil cornucopianism—the idea of a bountiful, never-ending energy source—which still haunts modern politics and economics.

How Britain Became the First Fossil Fuel Economy

Infinite Coal

This book offers a thorough account of Libya’s monetary policy and central bank under conditions of political fragmentation, institutional division, and economic volatility. Written by Saddek Omar El Kaber, former Governor of the Central Bank of Libya, and Michael G. Schaeffer, former World Bank Country Representative and independent economist, the book draws on insider institutional knowledge and extensive macroeconomic data to trace the evolution of Libya’s financial system from independence to the present.The Central Bank of Libya
 documents the Central Bank’s efforts to maintain currency stability, manage foreign reserves, and navigate the challenges of dual governments, parallel banking systems, and oil dependency. The authors analyze the transition to Islamic banking, the digitization of the financial sector, and the impact of regional spillovers and international engagement. They also assess the consequences of Dutch disease, the rise of the illicit economy, and the role of the Central Bank in resisting political interference and preserving institutional integrity.
 With detailed chapters on monetary outcomes, debt management, exchange rate policy, and banking sector reform, this book provides essential insights for scholars of monetary economics, central banking, and fragile states, as well as policymakers and practitioners working in MENA and post-conflict contexts.Saddek Omar El Kaber
 is the former Governor of the Central Bank of Libya and previously held senior leadership roles at Arab Banking Corporation and ABC International Bank PLC. He holds an MBA from the University of Hartford. El Kaber's work focuses on monetary policy and banking governance across the MENA region.
 Michael G. Schaeffer 
 is a public financial management advisor and former World Bank Country Representative for Libya. He holds graduate degrees in economics and natural resource management from the University of Michigan. Schaeffer has supported governance, decentralization, and fiscal reform in more than 70 countries.

Managing Monetary Policy Under Crisis

The Central Bank of Libya

Routledge Frontiers of Political Economy

The Political Economy of Financial Capitalism

Marx and Financialisation

For decades, the US assumed ideas would naturally flow from research into commercialization. That assumption no longer holds. As Anne Marie Knott shows, the US innovation system is no longer fit for purpose in an age of great-power rivalry. Since 1980, American R&amp;D productivity has fallen dramatically, while China has become far better at turning R&amp;D into growth. Why? Because the two countries operate from fundamentally different models of innovation. The United States follows a 'river' logic: produce frontier science and trust the market to carry discoveries downstream. China follows a 'lake' logic: absorb, develop, diffuse, and capture value. Drawing on new empirical research and a widely applicable measure of R&amp;D productivity, Knott challenges seven myths shaping US innovation policy and offers a reform agenda built less on new spending than on using existing tools far more effectively. The result is a provocative account of innovation, growth, and national power.

Bringing a Knife to a Gunfight

The US Innovation War with China

Money Laundering and Terrorism Financing through Hawala Money Transfer Operators
 investigates the historical, contemporary, and future orientations of the hawala system as it exists at the nexus of national security policy and practice, money laundering, and the financing of terrorism and criminal activity. It examines the emerging connections between criminal and terrorist organisations that aim to exploit this time-honoured system for their unlawful and violent intentions, states, and financial systems. The book offers a thorough examination of a topic that is frequently framed and seen as a major security threat on a local, national, and international scale. Inconsistent state regulations, inadequate international regulatory oversight, and misinformed policy all contribute to the complexity of the issue. It integrates empirical and substantive data and analyses with conceptual approaches to the hawala informal remittance system and its exploitation by criminal and terrorist actors.
 Scott N. Romaniuk
 &nbsp;is a research fellow at the Corvinus Centre for Contemporary Asia Studies (CAS) within the Corvinus Institute for Advanced Studies (CIAS) at Corvinus University of Budapest, Hungary, and a senior research affiliate with the Canadian Network for Research on Terrorism, Security and Society (TSAS).
 Amparo Pamela&nbsp;Fabe
 &nbsp;is a visiting fellow at the International Centre of Security and Policing at the University of South Wales. She is an anti-money laundering and counter-terrorism financing expert and the Philippine National Police Representative to the ASEAN Senior Officials’ Meeting on Transnational Crime (SOMTC) and Women, Peace, and Security.
 Joan Andrea Toledo
 is a counterterrorism expert for the Armed Forces of the Philippines. She is also an investigative journalist, covering child soldiers, women involved in terrorism, and jihadi organisations.
 Animesh Roul
 is the executive director of the New Delhi-based policy research group, Society for the Study of Peace and Conflict. He specialises in counterterrorism, radical Islam, terror financing, and armed conflict and violence in South Asia.
 Debasish Nandy
 is an associate professor and head of the Department of Political Science at Kazi Nazrul University, India. He is the coordinator of the Centre for Studies of South and South-East Asian Societies at the same university.

Money Laundering and Terrorism Financing through Hawala Money Transfer Operators

Palgrave Studies in Economic History

This edited volume presents new research on the expansion and internationalisation of Italian banking during the first century after unification. It argues that, unlike the profit-driven overseas expansion of banks in other major European powers, Italy’s international banking strategy was closely linked to state-backed political and diplomatic ambitions.Bringing together leading scholars of Italian banking history, the volume examines how Italian banks pursued foreign markets despite operating in a capital-scarce economy. It explores strategies such as interbank cooperation, remittance management, foreign investment, and foreign exchange operations, while highlighting the roles of Catholic finance and the Bank of Italy. The contributors also reveal how financial expansion intersected with Italy’s imperial ambitions, both in its colonies and beyond. Offering fresh perspectives on the relationship between finance, state power, and international expansion, the volume will appeal to historians of banking, finance, and modern economic history.Giampaolo Conte&nbsp;
 is Associate Professor of Economic History at Roma Tre University, Italy, and Editor-in-Chief of 
 The Journal of European Economic History
 . He has been a Visiting Scholar and Fellow at the University of Cambridge and the London School of Economics, and has twice been Visiting Lecturer at the International Institute of Social Studies (ISS) in The Hague, the Netherlands. His research has been published in leading international scholarly journals. He is the author of two monographs published by Routledge:&nbsp;
 A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms
 &nbsp;(2024) and&nbsp;
 Debt and Imperialism in the Mediterranean: Politics of Default and Diplomacy in the 19th Century
 (2026).
 Luciano Maffi 
 is an Associate Professor at the Department of Economics and Management of the University of Parma. Previously, he was Lecturer at the same department and Lecturer at the University of Salento in Lecce. He studies the primary sector and food production in Early Modern and Modern history. He focuses on economic, financial, and social history, with particular attention to private bankers from medieval period to the nineteenth century. He recently published: 
 Private bankers in the Italian 19th century. The Parodi of Genoa in the national and international context: credit, financial and political relations
 , Cham, Palgrave Macmillan, 2020.

Italian Banks and Bankers in Foreign Markets, 1860–1960

Italian Financial Expansion and State-Building

Econometric Society Monographs

A Framework for Economists with Policy Aspirations

Minimalist Market Design

Empire and Big Business in the Twentieth-Century British State

The Business State

Critical and Post-Keynesian Perspectives

A History of Modern Macroeconomics

Studies in National Governance and Emerging Technologies

This book examines how artificial intelligence systems and their applications in security and defence are entangled with governance and policy processes in the EU. Combining concepts and insights from (critical) security studies and science and technology studies, it argues that behind the various AI-related policy initiatives in the EU are particular narratives on security and defence based on European fears of technological innovation and strategic gaps. In this respect, the book casts light on how such beliefs have become increasingly instrumentalized in the European governance dynamics, and subsequently embedded in successive policy initiatives and security and defence research programmes. It challenges conventional understandings of AI technologies as mere security and defence-enabling instruments, by providing a conceptually driven analysis of how certain visions of AI help govern and control one of the most dynamic emergent socio-technical fields. The book will appeal to all those interested in artificial intelligence, security studies, technology and European governance.&nbsp;
 
 Raluca Csernatoni is a Research Fellow at Carnegie Europe, where she works on the nexus between European defence and emerging technologies. She is also Guest Professor at the Centre for Security, Diplomacy and Strategy (CSDS), Vrije Universiteit Brussel, Belgium, and Visiting Faculty in the Department of International Relations, Central European University, Austria.

Artificial Security and the Politics of Hype in the EU

In a moment of interlocking and compounding crises that many commentators have aptly termed the "polycrisis," a leading economist offers a clear-eyed account of the underlying trends fueling the global instability and market mayhem that have come to characterize contemporary capitalism. 
 
Rampant inequality. Unchecked climate change. A global pandemic. And now, seething international divisions and the escalatory spiral of war and state violence. As the world moves toward the end of the 2020s, each of the pieces of this mosaic are becoming impossible to ignore, but how do they all fit together? And where is it all heading? 
 
To answer these questions, Marxist economist Michael Roberts draws on his forty-plus years of experience working in various financial institutions in the City of London to provide an empirically grounded and wide-ranging appraisal of the global situation. 
 
Roberts takes readers on a tour of the contemporary global economy, first by turning back to the Great Recession of 2008, and then offering a granular look at the economic priorities and contradictions of every region of the world. 
 
What emerges from this accounting of the polycrisis is the inescapable fact that capitalism's rapacious drive toward profit over and against any geopolitical boundaries or ecological limits threatens both humanity and the planet.&nbsp;

Depression, Polycrisis, and the World Economy in the 2020s

Time Is Running Out

Under Siege: Standard Oil in South China, 1915-1928

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