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Financial epidemiology: Linking financialization to population health
Joseph Dov Bruch1, Chloe Thurston2
1Department of Public Health Sciences, University of Chicago, Chicago, IL, USA.
Social Science & Medicine (1982)
|January 11, 2026
Summary
Financialization significantly impacts population health. Public health must address financial systems through a new approach called financial epidemiology to understand these effects.
Area of Science:
- Public Health
- Sociology
- Economics
Background:
- Financialization is a major shift in modern capitalism.
- Financial institutions wield substantial influence over social and economic life.
- This influence has the potential to significantly alter population health outcomes.
Purpose of the Study:
- To highlight the critical need for public health scholars and practitioners to engage with the concept of financialization.
- To explore the mechanisms through which financialization impacts health.
- To propose a new disciplinary framework, financial epidemiology.
Main Methods:
- Overview of the financial industry and the process of financialization.
- Description of the pathways linking financialization to health outcomes.
- Conceptualization of financial epidemiology as a new field of study.
Main Results:
- Financialization exerts considerable power over societal structures.
- Specific channels exist through which financial markets and motives affect population health.
- A critical examination of finance's role in health is warranted.
Conclusions:
- Financial epidemiology offers a novel framework for investigating the health impacts of financialization.
- This approach addresses pressing contemporary issues at the intersection of finance and health.
- Urgent attention to financialization is necessary for advancing population health research and practice.
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