Kimberly Kracman

Associate Research Scholar

Kimberly Kracman is an Associate Research Scholar in the Department of Sociology at Princeton University.  Kim’s research uses the methods of historical sociology and economic history, critical accounting theory, stratification economics and conflict economics to study the origins, mechanisms, and justification of the distribution of wealth in the United States in the context of global systems of capital accumulation.  Kim’s recent work uses the concept of protection rent accumulation to explain racialized variation in household wealth in the U.S.  Another project describes the development of the large corporation in the 19th century U.S. as an instance of domestic imperial feedback, tracing the influence of U.S. Military Academy graduates on the organizational development of the railway industry.  A third project critically reviews the existing treatment of transaction costs in economic sociology and proposes cost of exit as an important but overlooked dimension of economic exchange and transfer.

Selected Publications

"Protection rent as explanation for racialized market outcomes." Socio-Economic Review (2023):

"Code as constitution: The negotiation of a uniform accounting code for US railway corporations and the moral justification of stakeholder claims on wealth." Critical Perspectives on Accounting (2022):