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Business News > Mint Authors > Allison Schrager

Allison Schrager

ARTICLES BY ALLISON SCHRAGER

Flat or declining incomes would be worse than widening earning gaps. (REUTERS)

The paradox of prosperity: Why getting richer needn’t mean feeling better off

4 min read . 24 Nov 2025

Economic cycles are worsened by unskilled risk takers. (istockphoto)

Is America turning into a casino economy? The odds seem to be shortening

3 min read . 19 Nov 2025

Cash carries a social stigma among the young but is likely to survive. (Bloomberg)

Why cash is becoming ‘cringe’ and what it means for spending in America

3 min read . 16 Nov 2025

‘Zombie’ firms aren’t profitable or viable but stay afloat on cheap loans. (istockphoto)

Could America become a zombie economy? Japan offers a cautionary tale

3 min read . 16 Oct 2025

His most valuable lesson is that openness holds the key to sustained growth. (AFP)

Why do only some economies thrive? Lessons from Nobel winner Joel Mokyr

3 min read . 15 Oct 2025

AI aware of how badly we need an air ticket could raise the fare accordingly. (istockphoto)

You'll hate it: Why AI personalized pricing is coming for your online purchases

3 min read . 25 Sept 2025

Activities that benefit the economy less should be taxed more. (AP)

Fiscal sense: Gamblers should pay more taxes than investors

4 min read . 14 Sept 2025

Stablecoins as a means of payment create needless risk but also undermine the government’s own function as the issuer of the dollar. (AP)

America’s Genius Act for crypto regulation shows no ingenuity

4 min read . 22 Jul 2025

Populists seem to have a zero-sum view of the economy. (AFP)

The political divide is no longer left vs right but centrists vs populists

4 min read . 03 Jul 2025

The achievement bolsters the Fed’s credibility, showing that it is capable of fulfilling its mandate giving it more policy options if inflation returns. (REUTERS)

The Fed’s ‘Mission Impossible’ is now ‘Mission Accomplished’

3 min read . 13 Jun 2025

If their exports to the US now face higher prices, developing countries could face a deep depression, civil unrest and more severe poverty. (Bloomberg News)

Trump’s ‘Liberation Day’ tariffs will deal the Global South a hard blow

2 min read . 04 Apr 2025

Even before Trump, US business dynamism has been wobbly. (AFP)

Is American exceptionalism finally on its last legs?

3 min read . 02 Apr 2025

It is the role of public policy to make firms uphold a society’s values. (Bloomberg)

The ‘virtue economy is dead’: Long live shareholder capitalism

4 min read . 13 Mar 2025

This time around, US President Donald Trump's administration has some free-market tendencies, but the anti-market elements are more apparent. (Getty Images via AFP)

Free-market conservatives are now an endangered species in America

3 min read . 11 Mar 2025

Americans are not marrying as much as they did.

More people are opting to stay single: Is this bad for the economy?

4 min read . 18 Feb 2025

With the banks and Federal Reserve owning about half the MBS market, other investors became net sellers.

Sorry, Powell can’t be called the greatest Fed chair ever

3 min read . 20 Oct 2024

AI can provide better financial advice, more tailored to the individual needs and capable of chatting like a human advisor.

AI bots as financial advisors? Not necessarily.

4 min read . 14 Oct 2024

While it can manage inflation expectations, over the long term, the Fed needs to maintain independence.

The end of monetary dominance in the US is not a bad thing

4 min read . 03 Sept 2024

Walz and his wife have accumulated a defined pension benefit that is valued at about $800,000. (AFP)

Candidate Tim Walz’s lack of asset ownership makes him an outlier in the US

4 min read . 14 Aug 2024

Contemporary art, like other industries, offers big financial rewards to just a few stars. (PTI)

A winner-takes-all economy is bad for innovation and art

3 min read . 05 May 2024