Winner, 2010 Edelstein Prize, Society for the History of Technology Efficiency—associated with individual discipline, superior management, and increased profits or productivity—often counts as one of the highest virtues in Western culture. But what does it mean, exactly, to be efficient? How did this concept evolve from a means for evaluating simple machines to the mantra of progress and a prerequisite for success? In this provocative and ambitious study, Jennifer Karns Alexander explores the growing power of efficiency in the post-industrial West. Examining the ways the concept has appeared in modern history—from a benign measure of the thermal economy of a machine to its widespread application to personal behaviors like chewing habits, spending choices, and shop floor movements to its controversial use as a measure of the business success of American slavery—she argues that beneath efficiency's seemingly endless variety lies a common theme: the pursuit of mastery through techniques of surveillance, discipline, and control. Six historical case studies—two from Britain, one each from France and Germany, and two from the United States—illustrate the concept's fascinating development and provide context for the meanings of, and uses for, efficiency today and in the future.

Winner, 2010 Edelstein Prize, Society for the History of Technology Efficiency—associated with individual discipline, superior management, and increased profits or productivity—often counts as one of the highest virtues in Western culture. But what does it mean, exactly, to be efficient? How did this concept evolve from a means for evaluating simple machines to the mantra of progress and a prerequisite for success? In this provocative and ambitious study, Jennifer Karns Alexander explores the growing power of efficiency in the post-industrial West. Examining the ways the concept has appeared in modern history—from a benign measure of the thermal economy of a machine to its widespread application to personal behaviors like chewing habits, spending choices, and shop floor movements to its controversial use as a measure of the business success of American slavery—she argues that beneath efficiency's seemingly endless variety lies a common theme: the pursuit of mastery through techniques of surveillance, discipline, and control. Six historical case studies—two from Britain, one each from France and Germany, and two from the United States—illustrate the concept's fascinating development and provide context for the meanings of, and uses for, efficiency today and in the future.

"This thought-provoking discourse on the unquestioned pursuit of efficiency reveals how the discussion of efficiency in the delivery of public goods, such as education and health care, has risen to prominence in postindustrial society. Stein's provocative argument, reminiscent of the thinking of Lewis Mumford, demonstrates that efficiency can too often be a cloak for political agendas, and that pressure for efficiency can actually be a detrimental rather than a positive force. Citizens in public schools, community clinics, and hospitals are shown engaging directly with such agendas, redrawing the face of the state as they impose new ways of delivering public goods. Stein demonstrates how they are calling not only for efficiency but for accountability and choice as they confront the dilemmas of democratic processes in a global age."

The Culture of Efficiency: Technology in Everyday Life reveals how people are managing, exploiting, and resisting technological developments in the digital age. In this unique volume, distinguished experts from a broad range of fields candidly show how the latest technologies are being used to transform and control nitty-gritty aspects of life from conception onward and the surprising benefits and consequences. Bold and provocative, The Culture of Efficiency is for everyone concerned with efficiency and effectiveness. It offers fresh insights about social trends, practical suggestions for improving everyday life, and vital forecasts about the future of work and leisure. This is essential reading for researchers, professionals, and students in communication, sociology, education, anthropology, psychology, organizational science, operations management, marketing, gender studies, environmental studies, American studies, healthcare, and social policy. Overall, the volume offers a rich interpretation of the meaning of living in a culture of efficiency.

American democratic capitalism is in danger. How can we save it? For its first two hundred years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentennial celebration in 1976, the American economy was the envy of the world. But since then, outcomes have changed dramatically. Growth in the economic prosperity of the average American family has slowed to a crawl, while the wealth of the richest Americans has skyrocketed. This imbalance threatens the American democratic capitalist system and our way of life. In this bracing yet constructive book, world-renowned business thinker Roger Martin starkly outlines the fundamental problem: We have treated the economy as a machine, pursuing ever-greater efficiency as an inherent good. But efficiency has become too much of a good thing. Our obsession with it has inadvertently shifted the shape of our economy, from a large middle class and smaller numbers of rich and poor (think of a bell-shaped curve) to a greater share of benefits accruing to a thin tail of already-rich Americans (a Pareto distribution). With lucid analysis and engaging anecdotes, Martin argues that we must stop treating the economy as a perfectible machine and shift toward viewing it as a complex adaptive system in which we seek a fundamental balance of efficiency with resilience. To achieve this, we need to keep in mind the whole while working on the component parts; pursue improvement, not perfection; and relentlessly tweak instead of attempting to find permanent solutions. Filled with keen economic insight and advice for citizens, executives, policy makers, and educators, When More Is Not Better is the must-read guide for saving democratic capitalism.

The Ascent of Market Efficiency weaves together historical narrative and quantitative bibliometric data to detail the path financial economists took in order to form one of the central theories of financial economics—the influential efficient-market hypothesis—which states that the behavior of financial markets is unpredictable. As the notorious quip goes, a blindfolded monkey would do better than a group of experts in selecting a portfolio of securities, simply by throwing darts at the financial pages of a newspaper. How did such a hypothesis come to be so influential in the field of financial economics? How did financial economists turn a lack of evidence about systematic patterns in the behavior of financial markets into a foundational approach to the study of finance? Each chapter in Simone Polillo's fascinating meld of economics, science, and sociology focuses on these questions, as well as on collaborative academic networks, and on the values and affects that kept the networks together as they struggled to define what the new field of financial economics should be about. In doing so, he introduces a new dimension—data analysis—to our understanding of the ways knowledge advances. There are patterns in the ways knowledge is produced, and The Ascent of Market Efficiency helps us make sense of these patterns by providing a general framework that can be applied equally to other social and human sciences.

We live in a world of seemingly limitless consumer choice. Yet, as every shopper knows without thinking about it, many everyday goods – from beds to batteries to printer paper – are available in a finite number of “standard sizes.” What makes these sizes “standard” is an agreement among competing firms to make or sell products with the same limited dimensions. But how did firms – often hotly competing firms – reach such collective agreements? In exploring this question, Colleen Dunlavy puts the history of mass production and distribution in an entirely new light. She reveals that, despite the widely publicized model offered by Henry Ford, mass production techniques did not naturally diffuse throughout the U.S. economy. On the contrary, formidable market forces blocked their diffusion. It was only under the cover of collectively agreed-upon, industrywide standard sizes – orchestrated by the federal government – that competing firms were able to break free of market forces and transition to mass production and distribution. Without government promotion of standard sizes, the twentieth-century American variety of capitalism would have looked markedly less “Fordist.” Small, Medium, Large will make all of us think differently about the everyday consumer choices we take for granted.