Because Money Makes The World Go ’Round

I often get asked questions like, “What is an anthropologist like you doing studying money? I thought that was the domain of economists!” The archaeological and ethnographic record is full of objects, texts, and records of promises humans have used for millennia to mark transactions with one another and figure value. It’s true that I enjoy working with and thinking about those objects, and among my favorite places are the money galleries in museums around the world and at the regional branches of the U.S. Federal Reserve. But the anthropology of money is more than an archive of the arcane. Understanding practices like bridewealth, involving objects like the tevau of the Santa Cruz Islands, can shed light on how contemporary money is far more than a neutral medium of exchange. This matters for product design, financial literacy programming, and macroeconomic policy, too.

Indeed, now that the world is in a global pandemic caused by the rapid spread of the COVID-19 virus, what people do with money and its technologies has acquired a new kind of significance. Although the virus apparently does not survive for long on fibrous materials like cloth and paper, reports have surged of Chinese and other officials ordering the disinfecting of banknotes to prevent its spread. The fintech industry conference organization Money 2020, promoting its (almost certainly to be cancelled) next event, proclaimed in an email that the pandemic would usher in the end of cash and the era of digital payments—despite the fact that most in-person digital payments (at your local take-out restaurant now, for example) rely on plastic and metal cards and point of sale devices, touched by many hands, on which the virus can survive for several hours. And in Kenya, the authorities are recommending all Kenyans use mobile phones to pay—about which, more below.

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Setting the Record Straight: Why would you study companies in Tsarist Russia?

In this series, Why Social Science? gives social scientists whose research has been mischaracterized or misunderstood the opportunity to explain once and for all, “Why would you study that?”

Today’s entry comes from Amanda Gregg, Assistant Professor of Economics at Middlebury College, who is the Principal Investigator of a National Science Foundation grant “Corporate Law, Finance, and Productivity in Historical Perspective,” which supports the collection and analysis of firm-level data describing Russian corporations before the October Revolution of 1917.

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Because Hurricanes Aren’t Going Away Any Time Soon and Schools Must Continue to Function

Natural disasters (such as hurricanes) have a history of impacting some of the most socially vulnerable communities – low income communities and communities of color. While the intensity and quantity of storms will likely increase in the coming years, we still have very little information on the best services and sources that can support schooling, educators, and students during and after natural disasters. My research is working to address this gap by collecting, analyzing, and presenting data on the best ways to assist recovery for some of the most vulnerable populations.      

What have we learned in the last decade?

Across the last decade, the Federal Emergency Management Agency (FEMA) confirmed 67 Major Disaster Declarations in the United States from hurricanes alone. Each of these declarations impacted communities, schools, educators, and students throughout our nation.  We’ve also learned that 6 of the 10 (60%) costliest hurricanes in our history occurred between 2010 and 2019, costing a total of $393.7 billion.

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Because Collaborating Across Cultures and Beyond Boundaries Leads to Progress on the World’s Biggest Issues

On Sept. 25, 2015 the United Nations (UN) established a historic plan entitled “Transforming Our World: The 2030 Agenda for Sustainable Development” which was agreed upon by the 193 Member States of the UN. The Agenda includes 17 Sustainable Development Goals (SDGs), each one addressing a critical world issue. Many of these, such as climate change, poverty, equal rights and quality education, are directly relevant to the field of psychology. Given the effort addressing the SDGs will require, it is important that psychology itself unite as a science and profession and join with other disciplines in order to reach the 2030 objectives.

How formidable is the challenge we are facing?

Recent data suggest it is extraordinary:

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Because It Makes Informed Democracy Possible

Einstein said famously, “The eternal mystery of the world is its comprehensibility.” It gives scientific optimists like me encouragement that great thinkers have concluded it is possible to understand the world, that the world is not chaotic, senseless, and inscrutable. In the empirical world there is a means for determining which of two ideas, explanations, or choices is more likely to be true. Through observation, experiment, and analysis there is a path to reliable knowledge. By going down that path we can gain knowledge that is more and more reliable. If only more people realized this! This is not only, as in Einstein’s words, mysterious that it should be so; it is also astounding. And this is comforting, because it also appears to be true that with reliable knowledge one can improve the human condition, reduce suffering and affliction, and ennoble human life. This is the testament of science. Science, the greatest intellectual development of the past half millennium, brings many material advances, but the greatest gift of science is the idea of science itself.

I suppose some would say I am going off the deep end in idle philosophy, but it seems to me very empowering in a practical sense to know how useful the well-developed practices and standards of science (social science and the scientific techniques of other disciplines) are for resolving many differences of opinion. How very empowering it is to know that there can be and is progress toward a self-consistent and improving understanding of people and things.

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Because It Provides Empirical Answers to Critical Public Health Questions

What do the opioid and obesity epidemics have in common? For starters, they are both public health crises in which the disease model is used to describe the condition and, theoretically, promote intervention and health behavior change. Although the American Medical Association (AMA) recognized addiction as a disease in 1987, it did not label obesity a disease until 2013. The identification of these epidemics as diseases garnered more medical attention and contributed to the way the medical community tackled the problems. As social scientists, we pondered if these labels also had any potential psychological consequences for the way the public and those living with these conditions confronted the issues.

Do labels matter?

The famous Shakespearean quote from Romeo and Juliet “a rose by any other name would smell as sweet” suggests that labels do not matter. Is this statement accurate? As social scientists, we incorporated current methodological approaches to empirically investigate consequences of public health messages labeling addiction and obesity a disease. For example, does the disease message increase or reduce the likelihood that someone will seek treatment?

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Because It Tells Us How to Create More Engaged Citizens

Engaged citizens are not born. They are made. Leaders of voluntary civic associations play a critical role in this process. They offer people opportunities to exercise their voice on issues they care about. Individuals, in turn, develop a heightened sense of personal agency and a broadened set of skills that are vital for participating in civic life.

Although individuals joining together to make their voices heard is a fundamental pillar of democracy, it is often easier said than done. Leaders of civic associations face many challenges. Volunteer fatigue and turnover are recurring problems, and it can be difficult to translate initial interest into a commitment to action.

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Because Social Science Is a Form of Service that Improves Quality of Life for People Around the World

 If you are reading these words, chances are you are a social scientist or someone who cares about social science. Either way, I am grateful to you and everyone who devotes significant parts of their lives to social science’s development and practice.

Social science is a distinct and valuable form of service. Social science helps us understand ourselves, our relationships to others, and our relationships to the world. The insights that we provide change people’s lives every day. For example, a wide range of public and private sector organizations are using our insights to take on a broad array of very big problems. These problems include global poverty, national security, child development and neighborhood safety. Around the world, social science discoveries are helping entrepreneurs, first responders, and many others provide essential services with greater precision and efficiency.

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Because It Guides Us Toward Practical and Attainable Solutions

The wisest quote about science that I’ve read in recent years was penned by Vanderbilt University’s Larry Bartels, in an article he wrote during the runup to 2016 general election. He reminded us simply that “[p]olitical science, like any science, is a process of discovery and collective scrutiny, not a fixed body of established facts.” The “collective scrutiny” of science is essential to establishing the veracity of its discoveries and the power of its consensus claims. But I’ve also come to believe that collective scrutiny in the social sciences quietly pushes us toward an important habit of mind: patience and moderation in our approach to fixing social problems. Social science has played a key role in helping U.S. service members complete their duties more effectively and more ethically. We highlight four such contributions.

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Because It Can Improve the Lives of Those Who Serve Our Country

Throughout our nation’s history, members of the U.S. military have served our country with honor, courage, and dedication. Service men and women are prepared to mobilize around the globe at a moment’s notice to preserve freedom, protect the common good, and bring relief to disaster-stricken areas. Accomplishing these missions requires personal and professional sacrifices by military families.

Social science has played a key role in helping U.S. service members complete their duties more effectively and more ethically. We highlight four such contributions.

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Because It Helps to Address Graduate Unemployment in Sub-Saharan Africa

Social scientists are actively involved in working with government officials, academics, the private sector, NGOs and policy officials to understand as well as develop solutions to address the current challenges of graduate unemployment and under employment in sub-Saharan Africa. This is a problem that is close to home for me as an African scholar and a social scientist who undertakes research that has application to social policies and development. I have been keen on understanding and investigating the factors that allow these patterns of unemployment to persist given the enormity of its impact on individuals, households, communities and countries across the continent.

Understanding Sub-Saharan Africa’s Unemployed Graduate Youth Crisis

Sub-Saharan Africa has the fastest growing youth population in the world, with 60 per cent of its population under 24 years old. Harnessing their capability would require increased and focused investments in education, to ensure a healthy labor force that is capable of meeting the demands of our current local and globalized job markets. The International Labour Organization (ILO) suggests that the youth (15–24 years) unemployment outlook for the major economies of the African region remains quite mixed, ranging from 1.8% in Benin to 54.4% in South Africa. ILO further reveals that working poverty rates among youth in sub-Saharan Africa was nearly 70 per cent in 2016, translating into 64.4 million working youth living in extreme or moderate poverty (less than $3.10 per day). According to the same source, the number of poor employed youth has unfortunately risen by as much as 80% over the past 25 years. Many sub-Saharan African countries are experiencing a youth bulge with some having up to 80% of the population under 35 years. Given the region’s emerging demographic projections, this problem will not go away anytime soon. It is my view that for university graduates to effectively contribute to their respective national economies, and address the current youth unemployment crisis, there should be employment initiatives and approaches to transition them to formal employment.

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Because Social Science Equips Us with Tools We Will Need to Face Down the Biggest Issues of Our Time, Including the Growing Global Threat of Climate Change

Our Earth is in crisis. More frequent and severe droughts, rising sea-levels, extreme weather and ecological damage are already here, with more loss and hardship on the horizon.

As a trained engineer and Chairman of the Energy and Commerce Subcommittee on Environment and Climate Change, I depend on science to inform my policy decisions. Social sciences are especially important to my work because they help reveal how climate change is impacting people and communities. This is invaluable insight for policymakers working to make decisions meant to save lives and build more resilient communities.

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Because It Requires Confronting the Assumptions We Have About Others

Social science comes in many varieties, is comprehensive in scope, and applied to an infinite number of real-world challenges, questions, and problems society faces. At its core, it concerns the human condition. While an economist, criminologist, psychologist, or sociologist may emphasize different things about being human, and often use different methods, their research is about people. But the people who we seek some understandings about, or from, have lives apart from our research. In other words, their lives overlap with what we study but are also more complex than that. Their day-to-day living involves connections with others, a history, setting, and sociopolitical / economic context, all of which can change over time. Social science is messy this way.

The social science I conduct concerns understanding the use and consequences of illegal drugs and substance use disorder (SUD). As a medical and cultural anthropologist, my research has given me an up-close perspective on these topics and how people’s lives are affected by them. The recent opioid epidemic has significantly increased the public awareness and concern about drug addiction. It has mobilized long and much-needed healthcare resources to address this challenge, moving drug policy marginally away from the war on drugs. Starting my career in the 1990s, recent actions are welcomed, but bittersweet. Drug addiction has always needed more public health attention and only realizing this now as more people are dying is frustrating.

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Because It Can Improve Government Efficiency via Evidence-Based Policy

Before explaining how social science is or could be used in policy, it is first important to think why it should be used. Why do we do social science? For most of us, our research goes beyond intellectual curiosity. We want to make an impact on the world around us—to observe and systematically report on conditions that affect society as a means for change and improvement.

Although researchers’ work tends to have meaningful implications for policy, there is no direct, linear pathway from knowledge production to its use for public benefit. This can be frustrating at times for social scientists who wonder: why aren’t policymakers using more research to inform their decisions? Although research is not always driving decision-making, key examples from the bipartisan evidence-based policy movement offer hope, such as the Maternal Infant Early Childhood Home Visiting  program, which is backed by evidence and has received bipartisan support. However, policies like this contrast with others that appear to disregard science. So the real question is not why is research disregarded, but under what circumstances is research used—and can we improve the rate it is used? 

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Because Social Science Research and Education Are Critical for National Security

Each of the social sciences contributes irreplaceable content knowledge and methodologies to our collective understanding of other political entities and the social norms underlying their intentions toward the United States. It is a rather harsh truth that as long as the United States remains a global power, the nation will have to work specifically to maintain national security—not only in order to retain power, but because both our allies and our adversaries rely on it. To a certain extent, our national security is maintained through deterrence—in the sheer fact that we possess certain capabilities and engage internationally. 

Since we cannot step away from the intelligence and analysis that underscores our international engagement, we must confront the reality that we will undertake national-security efforts with greater or lesser expertise and wisdom. The social sciences are what we use to make sense of international relations. Warfare and peacekeeping are fundamentally social, human activities, and the resources at stake in both are also essentially social: physical resources for survival, political identity, institutional prestige and influence, and shared ideation and values.

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Because It Helps Build Resilience in the Face of Disasters

We are dedicated to using social science to improve disaster recovery for those on the margins of society—in particular on the unique needs of children and older adults in times of crisis. Our past work has shed light on how age influences issues of both vulnerability and agency. Uplifting lessons learned is especially important as we continue to face more extreme weather events and a changing climate. 

Recovery needs vary based on age

Children have unique disaster needs because of their age, cognitive abilities, and dependence on adult guardians and caretakers, with older children commonly more affected. Additionally, children tend to experience magnified effects, because they must cope with disaster-related stress during a developmental phase in which their personalities and identities are forming.

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Because It’s Proliferating

Social scientists and the research we pursue with such passion are being buffeted on all fronts, a fact not unknown to frequent visitors to this space. Today social scientists confront scarcities: of funding, of career opportunities in academia, of public acceptance and respect, and of trust in the credibility and value of the work we do.

Yet, at the same time, social science seems to be everywhere—not only on our laptops and data repositories, but in government agencies, human rights organizations, media reports and, especially, in tech firms and other private companies. And social scientists, if not quite everywhere, are working at these institutions as well as in the academy—indeed, for certain types of work, the demand for social science skills is high.

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Because Social Science Can Have an Impact on Public Policy

Why Social Science? Because social science can—and should—have a real impact on public policy at the federal, state, and local levels. More than a decade ago, while serving as President of the Southern Criminal Justice Association, I spoke with Mittie Southerland, who at the time was the Executive Director of the Academy of Criminal Justice Sciences (ACJS). We lamented that while our members produced the best and most topical peer-reviewed and policy-relevant research in crime and justice, getting legislators, reporters, and policy-makers to take account of it seemed an almost impossible task. How to make it happen?

Today, I chair the Crime & Justice Research Alliance (CJRA), a centralized resource of authoritative experts and scholarly studies created to provide policymakers, practitioners and the public direct access to relevant research on crime and criminal justice issues. Formed in 2015, CJRA is a collaborative partnership between the nation’s two leading criminal justice associations, ACJS and the American Society of Criminology (ASC), which represent more than 5,000 criminal justice scholars, practitioners, and researchers.

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Because It Can Challenge Conventional Wisdom

Social science research provides evidence that helps us understand the drivers of social problems. A lot of times, this evidence is in contrast to the conventional wisdom and may on the face of it seem counterintuitive.  However, evidence from social science research can show why certain policies work and why other policies fail, helping us inform policy and prevent unintended consequences.

An example of this is “ban-the-box” policies, laws that forbid employers from asking whether a job applicant was ever involved with the justice system. The purpose of such policies was to improve hiring rates for individuals with criminal backgrounds and limit discrimination by employers, based on the  theory that the stigma for those involved with the criminal justice system would not be present if employers did not have information about applicants’ criminal histories. The large racial disparities in the criminal justice system lead to further racial disparities in the employment of ex-offenders. Thus, banning the box would have the added benefit of reducing racial disparities in employment. Thirty-one states plus the District of Columbia have passed ban-the-box policies, along with over 150 cities and counties.

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Because It Helps Us Identify and Combat Misinformation

To make good decisions, we need good information. Every day, people form opinions on health treatments, political policies, and consumer products. Social sciences help us understand how people can separate accurate information from misinformation—information that is false or misleading. 

Communication researchers, psychologists, and political scientists have all provided valuable research highlighting the dangers of misinformation, the difficulties in correcting it, and the most effective strategies for resisting it. Social scientists are also tackling related topics like conspiracy theories and rumors.  

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