Economy Archives - Society Today

Gone But Not Forgotten: David Hume

David Hume, who died on this date (August 25) in 1776, is one of the most influential figures in the history of philosophy. Renowned for his empiricism, skepticism, and naturalism,…

Labor

Commuting and Mental Health: What the Latest Research Reveals

Randy Lynn, Ph.D.0 Comments

Commuting may offer a beneficial transitional period for mental recovery, helping to maintain work-life balance and reduce stress. A recent study found no significant association between commuting distance and psychological…

Consumption, Gone But Not Forgotten

Gone But Not Forgotten: Thorstein Veblen

Randy Lynn, Ph.D.0 Comments

Thorstein Veblen, born on July 30, 1857, in Cato, Wisconsin, stands as one of the most provocative and insightful economists and sociologists of the late 19th and early 20th centuries.…

Inequalities

How the 2021 Child Tax Credit Transformed Housing Stability for Low-Income Families

Randy Lynn, Ph.D.0 Comments

The expanded Child Tax Credit (CTC) significantly decreased the likelihood of low-income families needing to move due to rent or mortgage affordability issues, reducing housing instability. The expanded CTC effectively…

Inequalities, Labor, Organizations

Overcoming Loss Aversion to Boost Workplace Diversity

Randy Lynn, Ph.D.0 Comments

A new study explores how managers often hire new employees who closely resemble those they are replacing, leading to "demographic stickiness" and hindering diversity. Demographic stickiness can slow diversification, but…

Economy, Gone But Not Forgotten

Gone But Not Forgotten: Adam Smith

Randy Lynn, Ph.D.0 Comments

Adam Smith, a towering figure in the realm of economics, is often hailed as the father of modern economics. Born on June 16, 1723, in Kirkcaldy, Scotland, Smith's profound insights…

Consumption, Economy, Fundamentals, Globalization, Gone But Not Forgotten, Inequalities, Labor, Organizations

Gone But Not Forgotten: Karl Marx

Randy Lynn, Ph.D.0 Comments

What?! Karl Marx?! Yes, today, March 14, we commemorate the passing of the most polarizing figures in history: Karl Marx. Though he died on this date in 1883, few can…

Fundamentals, Organizations

Demystifying Sociology: What it is and why you should know

Randy Lynn, Ph.D.0 Comments

Sociology is the study of society and everything in it. Sociology is less about what is studied and more about how. As a discipline, sociology is unmatched in its breadth…

Fundamentals, Inequalities

Unveiling Hidden Structures: How to Activate Your Sociological Imagination

Randy Lynn, Ph.D.0 Comments

The sociological imagination was coined by C. Wright Mills in 1959. Like the James Dean of sociology, Mills was a motorcycle and boxing enthusiast, unafraid to challenge the status quo.…