Adam Goldstein joins the faculty this fall as an Assistant Professor jointly appointed in the Department of Sociology and The Princeton School of Public and International Affairs. He earned his PhD in Sociology from the University of California at Berkeley and was a Robert Wood Johnson Post-Doctoral Scholar at Harvard. His areas of interest include economic sociology, organizations, and social stratification. His current research examines the social consequences of financial capitalism in the contemporary United States. He is interested in how institutional changes associated with ‘financialization’ have reshaped various socio-economic domains, and how organizations, communities and households respond to these changes in patterned (and often surprising) ways. His research has been published in the American Sociological Review, Socio-Economic Review, and The Oxford Handbook of the Sociology of Finance.
How are efforts to rationalize health insurance transforming the economic risks faced by households?
My current research focuses on institutional change and the individuation of risks in American society. Changes in systems of social provision demand that households bear more direct responsibility for managing risks across domains such as retirement planning, educational investments, and medical insurance. Individuals face increasingly high-stakes demands to “choose the plan that’s right for you". In the case of medical insurance, this means learning to be one's own actuary. I am interested in how these individuated, choice-based systems work? How do they reshape the social stratification of medical expenditure burdens? Who benefits? Who gets burned financially? My current research addresses these questions using data drawn from large administrative insurance claims databases.
“Revenge of the Managers: Labor Cost-Cutting and the Paradoxical Resurgence of Managerialism in the Shareholder Value Era, 1984-2001.” American Sociological Review 77: 268-94.
“The Emergence of a Finance Culture in American Households: Some Preliminary Evidence.” Socio-Economic Review 13: 575-601 (with Neil Fligstein)
“The Financialization of Higher Education in the United States, 2001-2012” Socio-Economic Review doi:10.1093/ser/mwv030 (with Charlie Eaton, Jacob Habinek, Cyrus Dioun, Daniela García Godoy, and Robert Osley-Thomas)