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The view that the rich are highly mobile has gained much political traction in recent years and has become a central argument in debates about whether there should be "millionaire taxes" on top-income earners. But a new study dispels the common myth about the propensity of millionaires in the United States to move from high to low tax states.
Ramen noodles are supplanting the once popular cigarettes as a form of currency among state prisoners, but not in response to bans on tobacco products within prison systems, finds a new study.
Instead, study author Michael Gibson-Light, a doctoral candidate in the University of Arizona School of Sociology, found that inmates are trying to figure out ways to better feed themselves as certain prison services are being defunded.
A shift to defined-contribution retirement plans, such as 401(k) plans, has led to an income and education gap in pension savings that could exacerbate future economic inequality, according to a study that was presented at the 111th Annual Meeting of the American Sociological Association (ASA).
A new Journal of Health and Social Behavior study shows that access to health insurance can help hold a community together socially, and lack of it can contribute to the fraying of neighborhood cohesion.
The study, Beyond Health Effects? Examining the Social Consequences of Community Levels of Uninsurance Pre-ACA, published by the Journal of Health and Social Behavior, is an effort by researchers Tara McKay and Stefan Timmermans to “broaden the conversation” about the effects of the Affordable Care Act (ACA).
New research suggests a significant number of national and international American banks hired new Chief Risk Officers to mitigate risk but may have actually helped lead the industry into widespread insolvency.
Starting in the 1990s, many major banks hired Chief Risk Officers (CROs) in a response to new laws and regulations put in place following financial meltdowns in the 1980s. In an effort to comply, banking officials elevated risk analysts to corner offices to show they were serious about tackling risk.
Now that science can determine a person’s racial and ethnic origins from a cheek swab, those devoted to ideas of racial “purity,” are employing methods of mind games and logic twists to support their beliefs despite facing evidence of their own multiracial heritage.