Edward J. Balleisen
Professor of History
- Balleisen cv 12-19
- Information about my book, FRAUD: AN AMERICAN HISTORY FROM BARNUM TO MADOFF
- Information about my book, NAVIGATING FAILURE: BANKRUPTCY AND COMMERCIAL SOCIETY IN ANTEBELLUM AMERICA
- Information about my co-edited book, GOVERNMENT AND MARKETS -- TOWARD A NEW THEORY OF REGULATION
- Information about my co-edited book, POLICY SHOCK: RECALIBRATING RISK AND REGULATION AFTER OIL SPILLS, NUCLEAR ACCIDENTS, AND FINANCIAL CRISES
- Information about my edited three-volume research collection, BUSINESS REGULATION
- Interdisciplinary Studies at Duke
- Overview of Bass Connections -- Duke's innovative program to support collaborative, interdisciplinary, problem-centered research
- Radio Interview with Ralph Nader on FRAUD: AN AMERICAN HISTORY FROM BARNUM TO MADOFF
- SUCKERS AND SWINDLERS: A Companion Website to my book, FRAUD: AN AMERICAN HISTORY FROM BARNUM TO MADOFF
- Versatile Humanists @ Duke -- Information about our efforts to enhance doctoral training in the humanities
- Video Discussion (C-SPAN) about FRAUD with Former Congressman Brad Miller and NC Sr Deputy Attorney General Kevin Anderson, April 2017
My research and writing explores the historical intersections among law, business, politics, and policy in the modern United States, with a particular focus on the origins, evolution, and impacts of the modern regulatory state. I have pursued a number of collaborative projects with historians and other social scientists who study regulatory governance in industrialized and industrializing societies.
My most recent book is Fraud: An American History from Barnum to Madoff (Princeton University Press, 2017). Economic duplicity has bedeviled American markets from the founding of the Republic. In this wide-ranging history, I emphasize the enduring connections between capitalist innovation and business fraud, as well as the vexed efforts by private organizations and state agencies to curb the worst economic deceptions. Placing recent fraud scandals in long-term context, I argue that we rely solely on a policy of caveat emptor at our peril; and that a mixture of public education, sensible disclosure rules, and targeted enforcement campaigns can contain the problem of business fraud. Fraud received the 2018 Ralph Gomory Prize from the Business History Conference.
A growing proportion of my writing engages interdisciplinary debates about the nature of regulatory policy more generally, as well as the evolution of dominant approaches to political economy in modern capitalist societies. This dimension of my scholarship led to the publication of Government and Markets: Toward a New Theory of Regulation (Cambridge University Press, 2010), which I edited along with the historian David Moss. This volume brings together several new conceptual approaches to regulatory governance from across the social sciences. It also lays out a wide-ranging research agenda for regulatory studies.
In 2015, my sole-edited three-volume multidisciplinary research collection, Business Regulation, came out with Edward Elgar. This collection includes a long introductory essay, “The Dialectics of Modern Regulatory Governance,” that conceptualizes the emergence of the modern regulatory state in the nineteenth-century and its evolution since then, often in response to powerful critiques from scholars and regulated businesses. It then provides over 100 leading writings on key aspects of regulatory governance, with selections that range from 1869 to the 2010s, and from across the social sciences.
Along with Duke colleagues and collaborators Jonathan Wiener, Lori Bennear, and Kim Krawiec, I have co-edited another recent interdisciplinary volume that examines when and how industrialized democracies reconfigure regulatory institutions in the aftermath of major crises. This book, Policy Shock: Recalibrating Risk and Regulation after Oil Spills, Nuclear Accidents, and Financial Crises, came out with Cambridge University Press in 2017.
I am especially interested in mentoring graduate students who wish to study the history of business-state relations, the regulatory state, business culture, political economy, and legal institutions. Although my research expertise lies particularly with American history from 1815 to the present, I have advised several graduate students who have pursued transnational dissertation topics, or who study other areas of the world. I am also now mentoring several graduate students in other social science disciplines.
Since 2015, I have served as Duke’s Vice Provost for Interdisciplinary Studies, working with university-wide institutes and initiatives to foster collaborative, interdisciplinary research, teaching, and engagement. In this capacity, I oversee Bass Connections, an innovative program that supports interdisciplinary, problem-centered research teams involving faculty, graduate students, and undergrads. I also served as the PI on Duke’s “Versatile Humanists” project, funded by a Next Generation Implementation grant from the National Endowment for the Humanities. This grant created a new model of complementary advising, established an internship program, fostered curricular innovation, and extended opportunities for doctoral students in the humanities to engage in collaborative research.
[last updated, 12/19]
Balleisen, Edward J., ed. Business Regulation. Vol. Three volume set, 2015.
Balleisen, E. J. Business Regulation (3 volumes). Cheltenham: Edward Elgar Publishing, 2015.
Balleisen, E. J., and D. A. Moss, eds. Government and Markets: Toward a New Theory of Regulation. Cambridge University Press, 2009.
Balleisen, E. J. Scenes from a Corporate Makeover: Columbia/HCA and Heathcare Fraud, 1992-2001. Durham, NC: Fuqua School of Business, Duke University, 2003. Open Access Copy
Balleisen, E. J., and E. J. Balleisen EJ. Navigating Failure: Bankruptcy and Commercial Society in Antebellum America. Chapel Hill, NC: University of North Carolina Press, 2001.
Balleisen, E. J. “Review of "The Science of Deception: Psychology and Commerce in America" by Michael Pettit.” Law and History Review, 2014.
Balleisen, E. J. “Review of "Freaks of Fortune: The Emerging World of Capitalism and Risk in America" by Jonathan Levy.” American Historical Review. Oxford University Press (OUP), 2013.
Balleisen EJ, E. J. “Review essay on "Andrew Carnegie" by David Nasaw and "Mellon: An American Life" by David Cannadine.” Historically Speaking, 2008.
Balleisen EJ, E. J. “Review of "A Nation of Counterfeiters: Capitalists, Con Men, and the Making the United States" by Stephen Mihm.” Business History Review, 2008.
Balleisen EJ, E. J. “Review essay on "Calculating Promises: The Emergence of Modern American Contract Doctrine" by Roy Kreitner.” Law and Politics Book Review, August 2007.
Balleisen EJ, E. J. “Review of "A Culture of Credit: Embedding Trust and Transparency in American Business" by Rowena Olegario.” Journal of American History, 2007.
Balleisen EJ, E. J. “Review of "Born Losers: A History of Failure in America" by Scott Sandage.” Journal of the Early Republic, 2006.
Balleisen, E. J. “Review of "Boosters, hustlers, and speculators: Entrepreneurial culture and the rise of Minneapolis and St. Paul, 1849-1883" by Jocelyn Wills.” American Historical Review. Oxford University Press (OUP), 2006. https://doi.org/10.1086/ahr.111.1.196. Full Text
Balleisen EJ, J. “Review of "The Marketplace of Revolution: How Consumer Politics Shaped American Independence" by T.H. Breen.” Business History Review, 2005.
Balleisen EJ, E. J. “Review of "Debt’s Dominion: A History of Bankruptcy Law in America" by David Skeel.” Law and History Review, 2004.
Balleisen, E. J., L. S. Bennear, D. Cheang, J. Free, M. Hayes, E. Pechar, and A. C. Preston. “Institutional Mechanisms for Investigating the Regulatory Implications of a Major Crisis: The Commission of Inquiry and the Safety Board.” In Policy Shock: Recalibrating Risk and Regulation after Oil Spills, Nuclear Accidents, and Financial Crises, edited by E. J. Balleisen, L. S. Bennear, K. D. Krawiec, and J. B. Wiener, 485–539. New York: Cambridge University Press, 2017. https://doi.org/10.1017/9781316492635. Full Text
Balleisen, E. J., L. S. Bennear, K. D. Krawiec, and J. B. Wiener. “Recalibrating Risk: Crises, Learning, and Regulatory Change.” In Policy Shock: Recalibrating Risk and Regulation after Oil Spills, Nuclear Accidents, and Financial Crises, edited by E. J. Balleisen, L. S. Bennear, K. D. Krawiec, and J. B. Wiener, 540–61. New York: Cambridge University Press, 2017. https://doi.org/10.1017/9781316492635. Full Text
Balleisen, E. J., L. S. Bennear, D. Cheang, J. Free, M. Hayes, E. Pechar, and A. C. Preston. “Institutional mechanisms for investigating the regulatory implications of a major crisis: The commission of inquiry and the safety board.” In Policy Shock: Recalibrating Risk and Regulation after Oil Spills, Nuclear Accidents and Financial Crises, 485–539, 2017. https://doi.org/10.1017/9781316492635.017. Full Text
Balleisen, E. J., L. S. Bennear, K. D. Krawiec, and J. B. Wiener. “Recalibrating risk: Crises, learning, and regulatory change.” In Policy Shock: Recalibrating Risk and Regulation after Oil Spills, Nuclear Accidents and Financial Crises, 540–61, 2017. https://doi.org/10.1017/9781316492635.018. Full Text
Balleisen, E. J., L. S. Bennear, K. D. Krawiec, and J. B. Wiener. “Introduction.” In Policy Shock: Recalibrating Risk and Regulation after Oil Spills, Nuclear Accidents and Financial Crises, 1–40, 2017. https://doi.org/10.1017/9781316492635.001. Full Text
Balleisen, E. J. “Rights of Way, Red Flags, and Safety Valves: Regulated Business Self-Regulation in America, 1850-1940.” In Regulierte Selbstregulierung in Der Westlichen Welt Des Späten 19. Und Frühen 20. Jahrhunderts / Regulated Self-Regulation in the Western World in the Late 19th and the Early 20th Century, edited by Peter Collin, Gerd Bender, Stefan Ruppert, Margrit Seckelmann, and Michael Stolleis, 75–126. Frankfurt am Main: Klostermann, 2014. Open Access Copy
Balleisen, E. J. “Building a Doctoral Program in Business History.” In Teaching Business History: Insights and Ideas, 54–67, 2012.
Balleisen, Edward J. “Sven Beckert and Christine Desan, editors. American Capitalism: New Histories.” The American Historical Review 124, no. 3 (June 1, 2019): 1112–14. https://doi.org/10.1093/ahr/rhz485. Full Text
Balleisen, E. J., and M. B. Jacoby. “Consumer Protection after the Global Financial Crisis.” Georgetown Law Journal 107, no. 4 (January 1, 2019): 813–43.
Balleisen, Edward J. “Risk and Ruin: Enron and the Culture of American Capitalism. ByGavin Benke. Philadelphia: University of Pennsylvania Press, 2018. 272 pp. Figures, tables, notes, index. Cloth, $34.95. ISBN: 978-0-8122-5020-6.” Business History Review 92, no. 4 (2018): 772–74. https://doi.org/10.1017/s0007680519000114. Full Text
Balleisen, E. J. “The "sucker list" and the evolution of American business fraud.” Social Research 85, no. 4 (January 1, 2018): 699–726.
Balleisen, E. J. “American Better Business Bureaus, the truth-in-advertising movement, and the complexities of legitimizing business self-regulation over the long term.” Politics and Governance 5, no. 1 (January 1, 2017): 42–53. https://doi.org/10.17645/pag.v5i1.790. Full Text
Balleisen, E. J., and E. K. Brake. “Historical Perspective and Better Regulatory Governance: An Institutional Agenda for Reform.” Regulation & Governance 8 (2014): 222–45. https://doi.org/10.1111/rego.12000. Full Text
Balleisen, E. J. “The ambiguities of business fraud and entrepreneurial reputation in progressive-era america.” Business History Review 87, no. 4 (December 1, 2013): 627–42. https://doi.org/10.1017/S0007680513001062. Full Text
Balleisen, E. J. “The Global Financial Crisis and Responsive Regulation: Some Avenues for Historical Inquiry.” University of British Columbia Law Review 44 (2011): 557–87.
Balleisen, Edward J. “Private Cops on the Fraud Beat: The Limits of American Business Self-Regulation, 1895-1932.” Business History Review 83, no. 1 (2009): 113–60. https://doi.org/10.1017/s0007680500000222. Full Text
Balleisen, Edward J. “The Marketplace of Revolution: How Consumer Politics Shaped American Independence.” Business History Review 79, no. 02 (June 2005): 353–63.
Balleisen, E. J. “Legal History on the Web,” 2008.
Balleisen, E. J. “SUCKERS AND SWINDLERS: An Online Companion to FRAUD: AN AMERICAN HISTORY FROM BARNUM TO MADOFF,” n.d.
Balleisen, E. J. “Regulatory Oral History Hub,” n.d.
Balleisen, E. J. “An Education They Won’t Forget.” Duke Magazine, 2015.
Balleisen, E. J. “Submitting Proposals to the Business History Conference: A Guide to the Process.” The Business History Conference, April 2014.
Balleisen, E. J. “The First 'Voice of Wall Street' A Study in Risk.” Echoes Business History Blog, Bloomberg News, June 22, 2012.
Balleisen, E. J. “Building a Doctoral Program in Business History.” Edited by W. Friedman and G. Jones. Teaching Business History: Insights and Debates. Cambridge, 2012.
Balleisen, E. J. “The Career Question in History.” Perspectives (Magazine of the American Historical Association), 2011.
Balleisen, E. J. “Regulation.” The Oxford International Encyclopedia of Legal History. Oxford University Press, 2009.
Balleisen, E. J. “Bankrupt: Maxed out in America.” American Radioworks, April 2006.
Balleisen, E. J. “Reshaping Doctoral Education for the Next Generation: An Update on History’s Participation in the Carnegie Initiative on the Doctorate.” Perspectives. American Historical Association, March 2006.
Balleisen, E. J. “Bankruptcy Bill Is Where It Belongs: Shelved.” American Banker, December 7, 2001.
American Better Business Bureaus, the Truth-in-Advertising Movement, and the Complexities of Legitimizing Business Self-Regulation. The Legitimization of Private and Public-Private Regulation, Past and Present. Max Planck Institute of European Legal...
Trajectories of Crisis-Driven Regulatory Policy. Annual Meeting of the International Risk Governance Council, "Improving Risk Regulation: From Crisis Response to Learning and Innovation. IRGC and Organization for Economic Co-Operation and Developmen...