The provision of pensions for Civil Servants and other employees in public office, such as the police, as well as in large private businesses, became more widespread in the second half of the nineteenth century. Such pensions, and other non-pay benefits, including sick pay, not only helped with recruitment but also provided a means of managing the retirement of workers who were deemed to be incapable of performing their roles. The rules governing eligibility to receive a pension in the Metropolitan Police in London were closely linked to the certification of poor health. Police doctors restricted the certification of sickness as a reason for retirement because it impacted the size of the force, resulted in the loss of more experienced men, and added to the cost of the pension fund. This strategy generated conflict with the workforce, resulting in industrial unrest. Piecemeal reforms failed to address workers’ concerns until 1890, when the rights to receive a pension were improved. These reforms, rather than stricter vigilance by police doctors, were an effective way of retaining experienced officers in the police force.

This article contributes to scholarship on business history and gender in twentieth-century energy transitions. It examines Canadian electric power utility marketing plans and materials, newspaper and magazine accounts, and oral history interview records. Utilities initially sought to sell power as capital and labor rationality, mirroring industrial ideals of producing more with fewer resources. As those labor savings were realized, they increasingly sold power as a means to perform new organizational and emotional jobs of creating a more intimate, happier, and child-centered family life. In doing so, they redefined social life, from family-as-labor unit to family-as-leisure unit, while also redefining leisure-as-labor for women. Women in utility marketing materials, as observed in subsequent time-use studies, eventually saw fewer hours of housework and family care, although offset by increasing leisure jobs. Mobilizing social groups to advance an electrification agenda, utilities sold this new labor as an extension of energy service work in homes, public spaces, and leisure facilities.

This article argues that live cattle futures, launched in 1964 in Chicago, were revolutionary for professional economics, the derivatives industry, and the beef cattle industry because cattle were the first successful “non-storable” derivatives. Since the late nineteenth century, the ability of derivatives to provide financial services to risk-averse farmers rested on the assumption that futures were interchangeable with physical commodities in storage. Live cattle futures upset theories and norms, which enabled experiments in increasingly abstract forms of speculation and tremendous growth in the derivatives industry. Economists, exchange leaders, and commodity producers cooperated to make live cattle futures work, but they all understood and felt their impacts differently. The article applies market performativity theory to better understand how financial instruments and markets became first less and later more physically abstract over time. The article reveals that the changing materiality of derivatives also led to changes in the social purpose of speculative finance. Sources include published economics articles, conference proceedings, congressional hearings, historical newspapers, and archival records from the derivatives and cattle industries.