School of Humanities and Sciences
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Joan B. Ford Professor
BioMark Granovetter's main interest is in the way people, social networks and social institutions interact and shape one another. He has written extensively on this subject, including his two most widely cited articles "The Strength of Weak Ties" (1973) and "Economic Action and Social Structure: The Problem of Embeddedness" (1985). In recent years, his focus has been on the social foundations of the economy, and he is working on a book entitled Society and Economy, to be published by Harvard University Press in two volumes. The first volume, Society and Economy: Framework and Principles,appeared in 2017. It is broadly theoretical, treating the role in the economy of social networks, norms, culture, trust, power, and social institutions. The second volume will use this framework to illuminate the study of such important topics as corruption, corporate governance, organizational form and the emergence of new industries such as the American electricity industry and the high-tech industry of Silicon Valley.
Edward Ames Edmonds Professor of Economics and Senior Fellow at the Stanford Institute for Economic Policy Research
BioDavid B. Grusky is Barbara Kimball Browning Professor in the School of Humanities and Sciences, Director of the Stanford Center on Poverty and Inequality, and coeditor of Pathways Magazine. His research addresses the changing structure of late-industrial inequality and addresses such topics as (a) the role of rent-seeking and market failure in explaining the takeoff in income inequality, (b) the amount of economic and social mobility in the U.S. and other high-inequality countries (with a particular focus on the “Great Gatsby” hypothesis that opportunities for social mobility are declining), (c) the role of essentialism in explaining the persistence of extreme gender inequality, (d) the forces behind recent changes in the amount of face-to-face and online cross-class contact, and (e) the putative decline of big social classes. He is also involved in projects to improve the country’s infrastructure for monitoring poverty, inequality, and mobility by exploiting administrative and other forms of “big data” more aggressively. His recent books include Social Stratification (2014), Occupy the Future (2013), The New Gilded Age (2012), The Great Recession (2011), The Inequality Reader (2011), and The Inequality Puzzle (2010).