Economic sociology analyzes economic phenomena such as markets, corporations, property rights, and work using the tools of sociology. It shares economic theory's attention to the role of interests and rationality, but also emphasizes the importance of social relations and social institutions. Cornell’s economic sociologists have looked at the transition to capitalism and its effects on markets, the role of trust in economic life, the classical foundations of modern economic sociology, the relationship between law and the economy, entrepreneurship, and the social organization of labor markets.
The interdisciplinary Center for the Study of Economy and Society, which is housed on the 3rd floor of Uris Hall, is a major resource for research in economic sociology. It serves as the focal point for the intellectual life of the subfield, offering workshops and colloquia throughout the year. Another on-campus resource is the joint JGSM-ILR Workshop in Markets and Organizations.