“Economica: A global history of women, wealth and power” by Victoria Bateman
Economica: A global history of women, wealth and power by Dr. Victoria Bateman charts the course of women’s contribution to their national economy and acknowledges work done as being within and without the house too. Quite contrary to what Adam Smith believed that only paid work outside the home was construed as a contribution to the economy. Whereas Dr Bateman shows through empirical evidence marshalled from as far as the Stone Age to the present, the AI age, that women’s contribution, paid or unpaid was an essential part of the economy. Her book is packed with facts, anecdotes, histories, archaeological evidence, data sets etc. For instance, marriage contracts signed between the 11C and 15C included a clause wherein the woman could state she had the right to work after marriage. There are so many bits and pieces of information to share but the most enlightening was her use of the word “overlooked”. To use it constantly in the context of new evidence that confirmed the value of a woman’s work in the past is very empowering use of a simple word. It gives the reader the opportunity to reflect upon situations that they themselves may have been, where their evidence and work is overlooked whereas they are on the right path. It is new evidence so others cannot see it, recognise it, value it, or understand it. Developing faith in oneself and growing from there is what this book helps to achieve. It is not just a revisiting of inherited economic history narratives.
Humanity’s journey from poverty to prosperity is filled with men who have become household names. But how many female entrepreneurs, merchants and industrialists can you name?
Economica places women at the centre of the story of economic growth. Starting in the Stone Age and continuing to the present day, it takes the reader through the key economic milestones of the past twelve millennia — from the birth of farming to the advent of computing — all told through the experiences of women as well as men.
Historian Victoria Bateman weaves a thrilling, globe-spanning narrative that proves women weren’t ‘missing’ from economic life, they were merely hidden from view. We discover the female workers who helped to build the Great Pyramid of Giza, and to plumb the city of ancient Rome; the silk weavers who made a vital contribution to the development of the Silk Road and global trade; the women who dominated London’s brewing trade during medieval times; and the brave twentieth-century pioneers who fought to make our economies not just richer but fairer.
Dr Bateman is an economic historian, author and historical consultant. Her latest book, Economica: A Global History of Women, Wealth and Power, is the first major economic history of the world to be told from the perspective of female wealth creators.
An extract from the book was published on Moneycontrol. My blog review of the book is here.
Economica was judged as one of the best books on Economics in 2025 by the Financial Times.
I also spoke to her for TOI Bookmark.
Victoria has twenty years of experience teaching macroeconomics and economic history at the Universities of Oxford and Cambridge, including as Director of Studies in Economics at Gonville and Caius College. She is a Fellow of the Royal Historical Society and is currently a visiting academic at Gresham College, London. Victoria has spoken extensively on radio and television, providing historical context for current events, including as resident economic historian for BBC Radio 4’s “Understand: the economy”. In addition to her writing and speaking, Victoria also works as a historical consultant for period dramas on TV and screen. Victoria is passionate about communicating economic history and believes in using our knowledge of the past to inform the present and to build a better future.
Victoria has been profiled by The Times, has written for the Guardian, The Telegraph and Bloomberg, and has appeared on numerous occasions on the BBC and ITV. Her previous books include the acclaimed Naked Feminism: Breaking the Cult of Female Modesty (2023) and The Sex Factor: How Women Made the West Rich (2019). In her spare time, you can find Victoria enjoying tea and cake after a walk in the countryside.



