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  1. The Great and the Small: The Impact of Collective Action on the Evolution of Board Interlocks after the Panic of 1907

    Conventional research in organizational theory highlights the role of board interlocks in facilitating business collective action. In this article, I propose that business collective action affects the evolutionary path of interlock networks. In particular, large market players’ response after a collective action to the classic problem of the "exploitation" of the great by the small provides a mechanism for interlocks to evolve.

  2. Ripples of Fear: The Diffusion of a Bank Panic

    Community reactions against organizations can be driven by negative information spread through a diffusion process that is distinct from the diffusion of organizational practices. Bank panics offer a classic example of selective diffusion of negative information. Bank panics involve widespread bank runs, although a low proportion of banks experience a run. We develop theory on how organizational similarity, community similarity, and network proximity create selective diffusion paths for resistance against organizations.

  3. Internal Wars, Taxation, and State Building

    This article addresses the question of whether and how internal wars can lead to state building. I offer a new conceptual framework for understanding the varied effects of internal conflict on state capacity, as measured through taxation. Contrary to the general scholarly consensus that internal wars make states fail, I hypothesize that like external wars, internal wars can lead to increased taxation when they enhance solidarity toward the state among the elite and motivate the state to strengthen and territorially expand the tax administration.

  4. The Contingent Value of Embeddedness: Self-affirming Social Environments, Network Density, and Well-being

    Social capital theorists claim that belonging to a densely knit social network creates a shared identity, mutually beneficial exchange, trust, and a sense of belonging in that group. Taken together with the empirical research on the importance of social support and social integration for individuals’ well-being, there is reason to expect that the density of one’s personal social network should be positively related to well-being.

  5. Variation in the Protective Effect of Higher Education against Depression

    Numerous studies document that higher education is associated with a reduced likelihood of depression. The protective effects of higher education, however, are known to vary across population subgroups. This study tests competing theories for who is likely to obtain a greater protective benefit from a college degree against depression through an analysis of data from the National Longitudinal Study of Adolescent to Adult Health and recently developed methods for analyzing heterogeneous treatment effects involving the use of propensity scores.

  6. Where Does Debt Fit in the Stress Process Model?

    This paper contrasts two money-related stressors—debt and economic hardship—and clarifies where debt fits into the stress process model. Debt may be a direct or indirect stressor, as something mediated by psychosocial resources, and may be a potential buffer, interacting with economic hardship. The analyses use data from a two-wave panel study of 1,463 adults. One way debt is distinct from economic hardship is that debt is more common among economically advantaged groups.

  7. Critique of Glenn on Settler Colonialism and Bonilla-Silva on Critical Race Analysis from Indigenous Perspectives

    I critique Glenn’s article on settler colonialism and Bonilla-Silva’s article on critical race analysis from Indigenous perspectives, including racial genocide and world-systems analysis, to cover five centuries of global systemic racism during the conquest of the Americas, by Spanish and English colonizers and United States imperialism. I also propose macro-structural, comparative-historical analysis of racism including the destruction, resistance, and revitalization of Native Nations and American Indians.

  8. What Is Relational Structure? Introducing History to the Debates on the Relation between Fields and Social Networks

    In this article, I argue that the current views on the relation between fields and social networks are based on two false premises: first, that fields and social networks are mutually exclusive forms of relational structure, and second, that the objective form of relational structure is an a priori fact.

  9. The Racism-Race Reification Process: A Mesolevel Political Economic Framework for Understanding Racial Health Disparities

    The author makes the argument that many racial disparities in health are rooted in political economic processes that undergird racial residential segregation at the mesolevel—specifically, the neighborhood. The dual mortgage market is considered a key political economic context whereby racially marginalized people are isolated into degenerative ecological environments.

  10. The Causes of Fraud in the Financial Crisis of 2007 to 2009: Evidence from the Mortgage-Backed Securities Industry

    The financial crisis of 2007 to 2009 was marked by widespread fraud in the mortgage securitization industry. Most of the largest mortgage originators and mortgage-backed securities issuers and underwriters have been implicated in regulatory settlements, and many have paid multibillion-dollar penalties. This article seeks to explain why this behavior became so pervasive. We evaluate predominant theories of white-collar crime, finding that theories emphasizing deregulation or technical opacity identify only necessary, not sufficient, conditions.