Allison Schrager
- Indexed articles, last 90 days
- 7
- Latest publication
- Sep 28, 2026
- Outlet visibility, for Boston Herald
- Top 100K sites
- Earliest in this view
- Jul 21, 2026
Latest articles
Schrager: We’re all AI investors now, and that’s risky (opens the original)
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Like it or not, we are all betting on AI taking over the economy. In the last 40 years, the U.S. has become a nation of stock investors. On the whole, it has made Americans rich. Now the stock market is soaring on the hopes that AI will make everyone more productive — and if that doesn’t work out, we all may learn the definition of a bad tail risk. More than 60% of Americans own stock. For most of the middle class and lower earners, it is through workplace retirement accounts, which have boomed
Schrager: College costs are due for a correction, not a crash (opens the original)
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A lot of people used to think about college the way a lot of people now think about protein: good for you in any quantity, and the more the better. How times have changed. Not only is the share of people who see college as a worthwhile investment in decline, but some smaller schools are digging into their endowments to stay afloat. Even popular and established schools like Syracuse are falling short of enrollment goals and facing a budget crisis. It is all leading to speculation that higher educ
Schrager: Why GDP is the GOAT of economic statistics (opens the original)
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It is an odd confession to make about a statistic, I realize, but then again I am an economist, so I am just going to go ahead: I love GDP. There. I said it. GDP — for gross domestic product, the total market value of all final goods and services produced within a county’s borders — is in many ways the ideal economic statistic, both for what it measures and what it represents. It is a single number that captures so much information, with a scope and history unmatched by almost any other measure.
Schrager: Your fourth-grader shouldn’t be worried about AI (opens the original)
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When I was in fourth grade, everyone in my class had grand ideas about what they wanted to be when they grew up: a professional basketball player, a firefighter, a professor (I grew up in a college town), a farmer (that was also in the country). I can’t say there was anyone who wanted to be a retirement economist; that came later. I recently spoke to a fourth-grade teacher who told me her students say that when they grow up, they are worried there won’t be any jobs at all. Yes, this is just an a
Schrager: Americans richer than ever, and so angry (opens the original)
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It is one of the great paradoxes of our time: Americans have never been richer — or more negative about the economy. More people are upper-middle class than ever, and even lower-income Americans are richer by almost every measure compared to previous generations. And yet more than three in five Americans say the economy is not working for them. Some of this can be explained by the fact that, yes, aspects of the economy do not work for a lot of Americans. And some of it is not based on the econom
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