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  1. The Raced‐Space of Gentrification: “Reverse Blockbusting,” Home Selling, and Neighborhood Remake in North Nashville

    Proponents of gentrification often use some rendition of a “rising tide lifts all boats” justification when assessing the impact that gentrification has on original residents in a gentrifying area. One of the benefits that is widely accepted by proponents and opponents of gentrification is that homeowners experience an increase in property values that can easily be transferred to family wealth or cash. Yet, there is virtually no research that provides an evidence base to support this seemingly direct relationship.

  2. Can Rust Belt or Three Cities Explain the Sociospatial Changes in Atlantic Canadian Cities?

    Research on American secondary cities has largely focused on so‐called “rust belt” cities and has found that they tend to have economic stagnation, racialization, and urban decay in their urban cores occurring after economic crises. Most urban research on Canadian cities has, by contrast, focused on the country's largest cities, Toronto, Montreal, and Vancouver, and has found that urban cores are getting richer, less diverse, and undergoing infrastructural improvements. We examine each model by looking at four secondary Atlantic Canadian cities (Halifax, Moncton, St.

  3. From Big to Small Cities: A Qualitative Analysis of the Causes and Outcomes of Post‐Recession Municipal Bankruptcies

    Two cities loom large in the history of American urban restructuring. New York City's 1975 technical bankruptcy and Detroit's 2013 Chapter 9 bankruptcy have played an oversized role in urban theory. This is currently reflected in competing theories of post‐recession urban restructuring. “Austerity urbanism” uses Detroit as an exemplar, whereas “pragmatic municipalism” adopts the converse position arguing post‐recession reform is defined by local context.

  4. Big City Problems: Private Equity Investment, Transnational Users, and Local Mobilization in the Small City

    High Point, North Carolina, once known as the “Home Furnishings Capital of the World” for its vast manufacturing complex, has suffered intense deindustrialization over the past 60 years. During this same time, however, High Point has competed with much more prominent cities to become the world's most important furniture exposition node and a major design, fashion, and merchandising center.

  5. The Phenomenology of Homo Economicus

    Much has been written about the fictitious nature of the atomistic model of homo economicus. Nevertheless, this economic model of self-interest and egoism has become conventional wisdom in market societies. This article offers a phenomenological explanation for the model’s commonsensical grip. Building on the work of Alfred Schutz, I argue that a reliance on homo economicus as an interpretive scheme for making sense of the behavior of economic Others has the effect of reversing the meaning of signs and doubts that challenge the model’s assumptions.
  6. The Behavioral Economics of Pierre Bourdieu

    This article builds the argument that Bourdieu’s dispositional theory of practice can help integrate the sociological tradition with three prominent strands of behavioral economics: bounded rationality, prospect theory, and time inconsistency.
  7. The Object Economy: “Alternative” Banking in Chicago

    In 2017, more than 22 percent of all U.S. households used an alternative financial service at least once. While fringe-banking enterprises mainly serve people with low or moderate incomes who lack access to more conventional banking services, pawnshops in particular also provide an important and distinct last resort for many customers.
  8. American Inequality in the Long Run

    Can this theory explain why inequality is growing in the United States? Piketty asserted that his theory was best tested with data from France, whose history was, he argued, “more typical and more pertinent for understanding the future” than the historical experience of the United States (p. 29). Nevertheless, and no doubt because Capital in the Twenty-First Century sold so many copies, some university publishers in recent years have been willing to gamble on big, dry books of historical inequality statistics that purport to test his arguments against American data.
  9. Exploiting Ambiguity: A Moral Polysemy Approach to Variation in Economic Practices

    Sociologists have shown that the relationships people establish between moral orientations and market practices vary considerably across historical, geographic, and institutional contexts. Less attention has been paid to situational variation in how the same actors moralize different economic goals, especially in their workplace. This article offers an account of situational variation by theorizing the implications of the ambiguity of moral values for economic activity.
  10. Do Carbon Prices Limit Economic Growth?

    The most common counterargument to taxing carbon emissions is that the policy has a negative impact on economic growth. The author tests the validity of this argument by visualizing the enactment of carbon prices on gross domestic product per capita from 1979 to 2018 and presenting a formal fixed-effects regression analysis of panel data. No connection is found between carbon price implementation and diminished economic growth. This outcome is primarily due to policy design and the general nature of economic growth.