Dr. Wayne E. Baker is an American author and sociologist on the senior faculty of the University of Michigan Ross School of Business. His teaching and research interests are in the fields of values, American society, social capital, social networks and economic sociology. Baker is best known both for his research in economic sociology, where he demonstrated that financial markets operate as social networks, and his survey research on values, where he documented Americans’ core values. His data show Americans share more core values than news media and political campaigns will admit. These core values include patriotism, belief in God, individualism, success, equal opportunities, freedom and liberty, respect and the free market. He writes in both academic and popular media on this theme and is often invited to present his findings across the U.S 
Baker earned his M.A. in sociology and a B.S. in finance, summa cum laude, from Northern Illinois University. From there he earned his doctorate in sociology from Northwestern University and held a post-doctoral fellowship at Harvard University.
Prior to joining the University of Michigan faculty in 1995, he was on the faculty at the University of Chicago Graduate School of Business. He also worked as a partner and senior manager of TSG, Inc., a Washington, D.C.-based management consulting firm.
In 2000, Baker led and organized the movement to create the Section on Economic Sociology of the American Sociological Association. Baker was the first director of the Center for Positive Organizational Scholarship  at the Ross School of Business. He was Principal Investigator and Team leader for the Detroit Arab American Study, funded by the Russell Sage Foundation, the Andrew W. Mellon Foundation, and the University of Michigan. He was also Principal Investigator of the 2003 Detroit Area Study, funded by the Russell Sage Foundation and the University of Michigan.
Baker is currently the Robert P. Thome Professor of Business Administration and Professor of Management & Organizations at the Stephen M. Ross School of Business at the University of Michigan. He is also Professor of Sociology at the University of Michigan and Faculty Associate at the Institute for Social Research. Dr. Baker teaches in the Ph.D., MBA, BBA, and Executive Education programs. Baker is frequently a guest panelist at conferences and university forums, and has spoken on both NPR  and C-Span.
Baker leads the Americans’ Evolving Values project at the Institute for Social Research. The purpose of this project is to create a barometer of American values. This initiative has conducted several national surveys of the values of Americans. His daily online magazine OurValues.org promotes civil conversation on American ethics and values. Founded in May 2008, the blog addresses the day’s most pressing issues 
Research on Core Values
Baker began researching values in 1996, and in 1998 discovered the core aspects of them. His major findings appeared in 2005 in the book America's Crisis of Values: Reality and Perception. Baker defines a core value as strongly and widely held, stable over time, and shared across demographic and political lines. Among the core values his research shows are widely held by American adults are: patriotism, belief in God, individualism, desire to succeed, equality of opportunities and freedom of expression.
Baker has published four books, two of which were bestsellers, and over sixty articles.
Modernization, Cultural Change and the Persistence of Traditional Values. (with Ronald Inglehart) American Sociological Review: Vol 65: 19-51, 2000.
The Duality of American Moral Culture. The Handbook of the Sociology of Morality, Springer-Science, 2010.
Hazards of the Market: The Continuity and Dissolution of Interorganizational Market Relationships. (with Robert R. Faulkner and Gene A. Fisher). American Sociological Review 63:147-177, 1998.
The Social Organization of Conspiracy: Illegal Networks in the Heavy Electrical Equipment Industry. (with Robert R. Faulkner). American Sociological Review, 58:837-860, 1993.
Information Networks and Market Behavior. (with Ananth Iyer). Journal of Mathematical Sociology, 16:305-332. 1992.
The Social Structure of a National Securities Market. American Journal of Sociology 89:775‑811. 1984.
“Is America bitterly divided? Has America lost its traditional values? Many politicians and religious leaders believe so, as do the majority of Americans. But the evidence shows overwhelmingly that America has not lost its traditional values, that the nation compares favorably with most other societies, and that the culture war is largely a myth.” –America’s Crisis of Values 
Awards and Honors
Baker won the Emory Williams Award for Excellence in Teaching, the Max Weber Award for Distinguished Scholarship (with Robert Faulkner), the Joanne Martin Trailblazer Award, (shared with members of the Center for Positive Organizational Scholarship), and the SO!WHAT! Award for the best article published in Strategic Organization (with Gerald Davis and Mina Yoo.) Networking Smart was named “one of the thirty best business books of 1994” by Executive Book Summaries.
- Smelser, Neil; Swedberg, Richard. ["The Handbook of Economic Sociology, Second Edition".] Russell Sage Foundation ISBN 978-0-691-04485-9 2005
- Baker, Wayne. ["The Social Structure of a National Securities Market".] American Journal of Sociology 89:775‑811. 1984
- Iyer, Anath; Baker, Wayne. ["Information Networks and Market Behavior".] Journal of Mathematical Sociology 16:305-332. 1992
- Steinfels, Peter. "Beliefs: A National Crisis of Values? One Vast Analysis that exists, if at all, largely in perception". New York Times 2 July 2005
- Swanbrow, Diane. "Many values unite Americans, despite divisions". University of Michigan News Service 24 August 2010
- Prairie. "The (Un)Common Good". Illinois Humanities Council 27 January 2011
- Ross. "Faculty Profiles: Wayne Baker". Michigan Ross School of Business 2 July 1995
- "History of the Section on Economic Sociology". American Sociological Association August 2000
- Watan. "Arab Americans Face Discrimination, Acceptance". New America Media 11, September 2009
- Michigan. "The Detroit Arab American Study: Community Outreach". University of Michigan Center for Local, State, and Urban Policy 2 July 2003
- America.gov. "Arab Americans in Michigan Feel at Home Despite Impact of 9/11". America.gov 12 October 2004
- Meyer, Dick. "Against the Grain". National Public Radio 2 September 2008
- Gani, Marcel. "Pressing Problems Head for China". Across the Board Fall 2001
- C-Span. "America's Crisis of Values: Reality and Perception". C-Span Video Library 12 April 2005
- Crumm, David. "Our Values". Read the Spirit 2 July 2005