Research On Religion | 2007 Financial Crisis

Posts Tagged ‘2007 Financial Crisis’

Wafa Hakim Orman on Religion and Economic Crises

Tags: 2007 Financial Crisis, club goods, collective action problems, Daniel Chen, domestic violence, economic crises, farm crisis, General Social Survey, Google searches, housing crisis, Koran study classes, mortgages, prayer, religion and economics, religious attendance, rituals

Do people respond to economic crises by intensifying their religious practice? Prof. Wafa Hakim Orman (University of Alabama, Huntsville) discusses a set of novel studies she is conducting to see if this is the case. Using the 1980s farm crisis and the 2007-08 housing/financial crises as test cases, Prof. Orman explores if people in the hardest hit areas of these crises attended church more, intensified their prayer, and how this might have an effect on domestic violence. Prof. Orman also provides one of the best and pithiest explanations for why these two economic crises occurred.

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