America’s money is global money—nearly every nation in the world writes international contracts in dollars, and in 2023, central banks around the world held nearly $6.7 trillion in dollar reserves, three times any other currency. Today, the United States’ global hegemony rests largely on its ability to produce unlimited treasury bonds that are sold around the world, dollars that supported America’s explosive growth in the twentieth century and funded its massive wars in the twenty-first. American power and the American dollar have become synonymous.
Yet in this brilliant 500-year history The Almighty Dollar: 500 Years of the World's Most Powerful Money (Crown, 2026), Brendan Greeley argues that America’s sovereignty over the dollar is an illusion—that the dollar had already empowered and destroyed nations long before it washed up on colonial shores, and that no country or king has or can ever truly control it. Reaching back to the dollar’s birth as the taler in the 15th-century silver mines of St. Joachimsthal, Greeley reveals how the dollar first thrived as a commodity for merchants and bankers—a big, silver coin that was trusted around the world, even as the miners who pulled it from the ground had trouble getting paid in that same silver. Greeley traces a captivatingly complex path across time and place, from the industrial collapse at the heart of Spain’s 17th-century silver empire, to the birth of American paper dollars in colonial Maryland, 19th-century New Orleans bank failures, and the small town of Hawarden, Iowa, which created its own dollars during the Great Depression. At every surprising turn, Greeley upends assumptions about global currencies and draws out the centuries-old tension between how dollars are manufactured and whom they actually serve.
Singular in its breadth, The Almighty Dollar dismantles the myth that America created or has ever truly controlled the dollar. Through meticulous research and vividly rendered stories of merchants, monarchs, and everyday people both past and present, Greeley shows how the dollar became America’s greatest export, spawning a vast financial industry that enriches the wealthy, even as the rest of the country’s industries suffer.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Matthew Mason (Professor of History at Brigham Young University) chatted with Richard Bell (Professor of History at the University of Maryland) about his new book The American Revolution and the Fate of the World (Penguin, 2025). They had a wide-ranging conversation about this wide-ranging book, including how and why there hasn’t been a book quite like it written before, and how Bell illuminates both the “greatest hits” of American Revolutionary legend and some “deep cuts” that readers probably haven’t encountered before. For instance, they discussed how Bell recasts iconic events like the Boston Tea Party as having a much bigger context and impact than the provincial setting for most tellings. But also they mused over why certain events and participants, such as American privateers captured and turned into prisoners of war suffering for their country just as much as the soldiers at Valley Forge, have not been part of the central mythology of the Revolution. This and more make up this conversation about this important book.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

It's a shadowy, ornate world of cover-ups and hidden motives. In Flirting with Evil: The Catholic Church in the Age of Total War and Globalisation (Apollo, 2026), Ambrogio Caiani lifts back the heavy velvet curtains of thechancel and peers behind the locked mahogany doors of the Vatican to reveal the shocking truths that make up a century of Catholic corruption.

For many, Catholicism's flirtation with evil has become impossible to ignore: a pope courting Nazi officials and, horribly, turning a blind eye to the Holocaust; the Vatican becoming embroiled in a series of dodgy financial dealings; the child abuse continuously perpetrated by members of the clergy. Time and time again, Catholic figures have made terrible choices in private and preached in public about goodness and morality.

This is the first history that focuses exclusively on Catholicism throughout the twentieth century, sketching not only scandalous stories of corruption but also lively portrayals of Catholicism's key characters—from a beret-clad communist revolutionary priest to the bizarre morning routine of the pope who followed a daily cold bath with dry unbuttered toast. Caiani, a critical Catholic himself, takes a frank and sceptical look at the trajectory of global Catholicism and wrestles with vital questions about the future of the church. Taking in the wider socio-political contexts of a world at war and the accumulating momentum of social progress, this brilliant history traces the evolution of the Catholic church alongside the development of our modern society right up to the election of Pope Leo XIV in 2025.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Heritage in the UN Decade of Ocean Science for Sustainable Development (2021-2030) and Beyond (U Edinburgh Press, 2025) outlines the need to embed Ocean Heritage into ocean science, sustainable development, and marine conservation to meet the goals of the UN Decade of Ocean Science for Sustainable Development (2021–2030) and beyond. Ocean Heritage—spanning tangible sites, such as shipwrecks or submerged harbours, and intangible connections such as traditional practices and knowledge systems—remains underrepresented in ocean governance. Yet it offers critical insights for more effective policy and research. Its inclusion is essential to ensuring science is informed by human–ocean relationships and responsive to the needs of communities.

Led by the Cultural Heritage Framework Programme (CHFP), the Ocean Decade’s only programme focused on Ocean Heritage, this text demonstrates how heritage supports all 10 Ocean Decade Challenges. Ocean Heritage strengthens climate adaptation, improves spatial planning, and supports equitable governance by grounding decisions in historical context and lived experience. The paper draws on more than 20 CHFP-endorsed initiatives, offering clear case studies and actionable recommendations for policy alignment, institutional support, and multidisciplinary collaboration.

As the Ocean Decade reaches its midpoint, this book offers a path forward: one where science draws on the full range of human—ocean relationships to guide sustainable, equitable action. Ocean Heritage is not a symbolic gesture—it is a fundamental human right. Rather than treating culture as an add-on to marine conservation, this paper calls for its broad integration into ocean science and decision-making.

Athena Trakadas is a maritime archeologist who studies underwater and coastal marine cultural heritage and advises international and national heritage, marine science and governmental organizations.

Helen Dewar is an historian of the Atlantic World and French colonization in North America in the 17th and 18th centuries. She is a professor of history at the Université de Montréal (Québec, Canada) and the author of Disputing New France: Companies, Sovereignty and Law in the French Atlantic, 1598-1663 (McGill-Queen’s University Press, 2022). helen.dewar[at]umontreal.ca Helen’s institutional website

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Fakers: A Top-Secret Tale of Phantoms and Forgeries on the Disinformation Front Line (Oxford UP, 2026) reveals the rise and fall of the mavericks running Britain's Cold War forgery empire. Their secret mission was audacious: to disrupt and discredit adversaries across the world using phantom groups, fake sources, and counterfeit documents.

The leader was a remarkable character, wrestling with personal and professional dilemmas: Hans Welser. An Austrian refugee and one-time MI5 suspect interned behind barbed wire, Welser was a great survivor who rose to become special operations adviser to the Foreign Office, working hand in glove with MI6. His second in command was an eccentric, hard drinking, and high-flying journalist-turned-propagandist called John Rayner. Brought out of semi-retirement, for one final posting. Their team of bowler-hatted refugees, voluble ex-journalists, trailblazing women, and licentious literary sorts navigated loyalty and betrayal — both professionally and romantically — from the diplomats' attic, in the most sensitive part of the Foreign Office's secret propaganda department.

The newly declassified files expose an array of plots, some comically absurd and others dangerously controversial. The forgery empire impersonated everything from hippies and ghosts to Islamists and ballet composers in their campaign to smear hostile politicians, stir tensions among adversaries, and even stymie the career of a contentious British historian. All took place against a high stakes backdrop — both overseas as states competed beneath the looming threat of nuclear war and in the corridors of power at home where grey-suited bureaucrats circled, keen to shut down the team for good.

With timely insight into how propaganda works and how to respond to disinformation, Fakers is a thrilling journey into a secret world where nothing was as it seemed.

Rory Cormac is a Professor of International Relations at the University of Nottingham and a Fellow of the Royal Historical Society.

Caleb Zakarin is CEO and Publisher of the New Books Network.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

In Both Your Houses: Iran, America, and the Wages of Unchecked Power (Wisdom Editions, 2026), Massoud Amin confronts the war between Iran, Israel, and the United States, and the civilians caught beneath it. Writing from a dual vantage as an Iranian-born American trained to see how systems break, Amin traces the chain that led to catastrophe. Iran's thwarted democracies. The 1953 coup. The architecture of sanctions was designed to inflict economic pain rather than produce diplomacy—the destruction of the JCPOA while the IAEA was certifying Iranian compliance.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Taking Territory: The Persistence of Conquest Since 1945 (Cornell University Press, 2026) is an eye-opening account of why territorial conquest persists today.

The end of World War II seemingly brought about a decline in territorial conquest. Many have argued that a strong territorial integrity norm in the postwar era explains this decline. Yet as Dan Altman shows, states have seized territory numerous times since 1945. Large-scale conquests have waned, but small, targeted seizures have persisted. The relationship between conquest and war has also shifted. While states attempting conquest before 1945 often initiated war and sought to occupy large territories, challengers today more often seize small regions and try to avoid war. This strategy, the fait accompli, has become the predominant mode of conquest.

Drawing on his original data, which include 175 conquest attempts between 1918 and 2024, Altman explains why conquest persists, what motivates it, when it turns violent, and when it succeeds. He shows how miscalculated fait accompli have sparked many post-1945 wars, and why the motives behind many territorial grabs are often about image, domestic politics, and the ambitions of military officers. Incisive and illuminating, Taking Territory cuts against what we think we know about post-1945 conquest to reveal its true causes and consequences.

Our guest is Dan Altman, an Associate Professor of Political Science at Georgia State University.

Our host is Eleonora Mattiacci, an Associate Professor of Political Science at Amherst College. She is the author of Volatile States in International Politics (Oxford University Press, 2023).

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

The first chemists were Sri Lankan forgers who crafted unimaginably strong steel millennia before it should have been possible. They were alchemists in Roman Egypt, who designed apparatus still in use today. They were Stone Age leatherworkers, Tang Dynasty herbalists and Mayan stoneworkers. 

The Enlightenment is usually credited with the origins of chemistry, but in truth, the science blossomed gradually. As early innovators distilled, smelted, forged and fermented their way through the centuries, they blurred science and mysticism in search of answers to life's greatest mysteries.

In reading The Age of Alchemy: How Early Innovators Shaped Modern Chemistry (Profile Books, 2026), join Kit Chapman on a global quest to achieve immortality, cure all disease and transmute lead into gold as he reveals the illuminating stories of how the alchemists first broke new ground and shaped the scientific method.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

In the three decades since the rise of the global internet, digitalization has transformed how media are made, circulated, and consumed, reshaping culture on a planetary scale. Yet the story of global media is not one of seamless connection or cultural homogenization. Planet Digital: A Global Media Cultures Reader (NYU Press, 2026) challenges the myth of a “global village,” revealing instead how regional histories, infrastructures, economies, and power relations shape the uneven terrains of our digital world.

Edited by the series editors of Critical Cultural Communication, this field-defining anthology gathers leading scholars to examine the texts, genres, platforms, and industries that define today’s global entertainment landscape. From TikTok to Squid Game, K-Pop to Marvel, Bluey to Nollywood, each chapter offers a focused case study that illuminates how digital media both reflect and remake global cultural life.

Spanning influencer culture, streaming platforms, esports, and beyond, Planet Digital shows how digital technologies and global media flows continually reshape one another, producing hybrid forms of creativity, circulation, and control. Together, these essays provide a vital framework for understanding how the world’s screens, sounds, and networks are rewriting the relationship between culture and power in the twenty-first century.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

The number of people in the world with a bank account or money service provider increased by 2 billion over the past decade. This phenomenon reflects what Dr. Tyler Girard calls the global financial inclusion agenda. This agenda emerged in the wake of the 2008 financial crisis and quickly became a prominent feature of global economic governance. 

The core idea of financial inclusion is that all individuals and businesses should have access to and use formal financial services, including bank accounts, payment services, credit, and insurance. Today, the widespread ability to digitally store and transfer money has impacted every aspect of our lives. What explains the emergence and evolution of the global financial inclusion agenda? And what does the politics of the agenda tell us about the impacts of new technologies on global politics and how ideas become global agendas? 

Drawing on an original collection of primary documents and interviews with elites from Ghana, the United Kingdom, the United States, and Switzerland, Financial Inclusion: How an Idea Became a Global Agenda (Stanford University Press, 2026) traces the global financial inclusion agenda over time and interrogates its adaptation in specific contexts and issue areas. Through the concept of participatory ambiguity, Dr. Girard offers a novel explanation of the agenda that advances important debates in international relations and international political economy on the distribution of power and authority in global governance.

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. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

The remarkable political ascent of Donald J. Trump and his sustained grip on a certain segment of American society have given fresh life to a question as old as Tocqueville’s visit to Jacksonian America a century ago: How do foreigners regard America, Americans and the American experiment? I explore this question in a conversation with Madeline Schwartz, founder and editor in chief of The Dial, an online publication. She wrote the Introduction to a collection of essays featuring work commissioned by The Dial, the new book titled How We See It: The World Looks at America in the Age of Trump (The New Press, 2026). We discuss perspectives from Italy, Argentina and South Africa, among other places

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs