The American Journal of Economics and Sociology

856 total articles

The American Journal of Economics and Sociology publishes scholarly essays in the social sciences, with an emphasis on the intersection of sociology and economics. Also included are book reviews and profiles of historical figures.

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Editor's introduction.

Apr 01, 2008 ... Conventional wisdom holds that hiring black employees is a risky business, because many of "them" bring unjustified racial discrimination claims against their employers. Our lead article by professors Major G. Coleman, William A. Darity, Jr., and Rhonda V. Sharpe challenges the validity of ...

Are reports of discrimination valid? Considering the moral hazard effect.(Report)

Apr 01, 2008; Coleman, Major G. ... ABSTRACT. Antidiscrimination laws ate designed to prompt employers to stop excluding black workers from jobs they offer and from treating them unequally with respect to promotion and salaries once on the job. However, a moral hazard effect can arise if the existence of the laws leads black ...

Evidence that the presence of a half-sibling negatively impacts a child's personal development.(Economic Sociology)(Report)

Apr 01, 2008; Strow, Claudia Wood ... I Introduction NUMEROUS STUDIES HAVE EXAMINED the impact of family structure on child outcomes such as behavior problems, violence, future income, educational performance, and future marital happiness. The bulk of existing research on family structures examines the ...

Financial transfers from living parents to adult children: who is helped and why?(Economic Sociology)(Report)

Apr 01, 2008; Berry, Brent ... I Introduction THE FAMILY IS THE KEY UNIT that makes decisions about how to invest in members' human capital and distribute resources between generations. Financial assistance from parents to adult children is the most prevalent of all potential money supports across ...

Homo Economicus meets G. H. Mead: a contribution to the critique of economic theory.(Homo Economicus)(Report)

Apr 01, 2008; Wilson, David ... I Introduction WHAT IS IT THAT MAKES the human act distinctive? For the economist, it is our capacity to deliberate. "A spider," Marx writes, "conducts operations that resemble those of a weaver, and a bee puts to shame many an architect in the construction of her ...

Learning to be sociable: the evolution of homo economicus.(Homo Economicus)(Report)

Apr 01, 2008; Ng, Irene C.L. ... I Introduction THIS ARTICLE STUDIES THE EVOLUTION of the economic man (Homo economicus) from its original conception by John Stuart Mill and Adam Smith until the current day. By analyzing the discourse of economic articles, we provide a chronological account of ...

From self-interest motives to justice motives: the challenges of some experimental results.(Homo Economicus)(Report)

Apr 01, 2008; Lopes, Helena ... I Introduction IN THE 20TH CENTURY, rational choice theory replaced what was once a substantive concept of utility with purely formal requirements: the axiomatic framework of rationality. Action was henceforth conceived of as the product of the agent's beliefs and ...

An evaluation of Keynes's projected possibilities.(Other Essays)(John Maynard Keynes )(Essay)

Apr 01, 2008; Lin, C.-Y. Cynthia ... I Introduction AT THE ONSET OF the Great Depression, John Maynard Keynes made some startlingly optimistic predictions about the economy. In his 1930 essay "Economic Possibilities for Our Grandchildren," he proclaimed: "[A]ssuming no important wars and no important ...

Institutional stickiness and the new development economics.(Other Essays)(Essay)

Apr 01, 2008; Boettke, Peter J. ... Teeth-gritting humility, patience, curiosity and independent thinking are called for in learning how superior foreign technology works and how it can be improved. Without these conditions the technical assistance "does not take." The cut flowers wither and die because they have no roots. ...

Evaluating the penetration of capitalism in postsocialist Moscow.(Other Essays)(Essay)

Apr 01, 2008; Williams, Colin C. ... I Introduction A RECURRING ASSUMPTION across the social sciences is that capitalism is not only stretching its tentacles wider across the globe to colonize the few remaining areas previously left untouched by its powerful force but also penetrating deeper into each ...

Reich, Robert. 2007. Supercapitalism.

Apr 01, 2008; MacKenzie, D.W. ... Reich, Robert. 2007. Supercapitalism. Knopf Publishers. New York. 288 pages. ISBN 9780307265616. The central thesis of Supercapitalism is quite simple: democratic capitalism won out over Soviet socialism, but globalization and deregulation have now eclipsed democracy. From 1945 ...

Hammond, J. Daniel, and Claire H. Hammond. (2006). Making Chicago Price Theory: Friedman--Stigler Correspondence 1945-1957.(Book review)

Apr 01, 2008; Cherrier, Beatrice ... Hammond, J. Daniel, and Claire H. Hammond. (2006). Making Chicago Price Theory: Friedman--Stigler Correspondence 1945-1957. London: Routledge 165 pp. ISBN 0-415-70078-7. While the various "schools of thought" characteristic of postwar economics are generally well-known, their ...