Researcher sets out to prove link between religiosity and financial crises

As the old expression goes, there are no atheists in foxholes. And certainly in times of war, there’s no doubt that many turn to religion for comfort. But what about other events that may threaten lives or livelihoods? Do they have the same effect? That’s what Dr. Wafa Hakim Orman set out to discover in her study of religiosity and financial crises in the United States. “I wanted to see how the farm crisis of the 1980s and the housing crisis of 2008 affected people’s religious behavior,” says Dr. Orman, an associate professor in the Department of Economics, Accounting, and Finance at The University of Alabama in Huntsville (UAH). —> Read More

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