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Allison Schrager
Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, on Oct. 3.
COMMENTARY
Oct 20, 2024
Time for unions to join the 21st-century economy
Automation stands to make U.S. ports and transportation of goods cheaper and more efficient. And it is easy to see why unions oppose it.
Diane Severin Nguyen’s film, “In Her Time (Iris’s Version),” 2023-24, about a young actress struggling with her role in a (fictional) movie about the Nanjing Massacre, is on display at the Whitney Biennial at the Whitney Museum of American Art in New York. Artificial intelligence and the "rhetoric around gender and authenticity” were themes in this year's show.
COMMENTARY / Japan
May 2, 2024
The winner-take-all economy is ruining art, too
The value of art is not just a matter of taste. To appeal to collectors, artists require the approval of the establishment.
Coming out of the pandemic, job vacancies were historically high in the U.S. because firms needed workers and could not find them.
COMMENTARY / World
Jan 23, 2024
This year will mark the end of the post-pandemic economy
The trade-off between bringing down inflation and harming growth will come back with a vengeance in the post-pandemic economy.
Lowell House on the Harvard University campus in Cambridge, Massachusetts
COMMENTARY / World
Jan 4, 2024
What’s bad for Harvard is good for the rest of us
The elite degree and the signal it sends is neither as accurate nor as valuable as the Ivy League would like you to think.
Japan Times
COMMENTARY / World
Jun 20, 2023
CEOs should focus on profits, not politics
Target proves yet again that companies are better off avoiding the minefield of social activism.
Japan Times
COMMENTARY / World
Mar 22, 2023
Don't make the same mistake as SVB with your 401(k)
Treasuries aren’t always the safest asset in your portfolio. Your risk depends on the type of bond and what you need the money for.
Japan Times
COMMENTARY / World
Mar 8, 2023
The one true secret to successful investing
After 2022’s stomach-churning roller-coaster ride, we clearly need to be reminded of the most basic rule in finance that investors forget most often: the risk vs. return trade-off.
Japan Times
COMMENTARY / World
Jan 18, 2023
We’ll all pay for Uncle Sam’s cheap debt fantasies
By financing ballooning spending with short-term debt, the government failed to lock in record-low interest rates while it could. Now the piper has come to call.
Japan Times
COMMENTARY / World
Jan 5, 2023
It’s now clear that quantitative easing was a colossal policy mistake
There's no convincing evidence that central banks' purchases of trillions of dollars of bonds and other financial assets helped any economy.
Japan Times
COMMENTARY / World
Aug 1, 2022
Globalization is just getting started
Greater integration of the world's financial and political interests has improved our lives and will inevitably continue despite current discourse to the contrary.
Japan Times
COMMENTARY / World
Jan 26, 2022
Men are getting left behind in the jobs boom
During each recession for the last 40 years, a sizable number of men — more than women — have left the labor force and not come back.
Japan Times
COMMENTARY / World
Jan 14, 2022
Are millennials the wealthiest generation? You better believe it.
Comparing generations is hard. That is in large part because as the world changes, so do the markers of success.
Japan Times
COMMENTARY / World
Jul 29, 2021
How behavioral economics views mask mandates
What we know from behavioral economics suggests that universal mask requirements will undermine the effort to get as many people as possible vaccinated.
Japan Times
COMMENTARY / World
Jul 21, 2021
Generation Z should fear a guaranteed income
A new paper suggests the skeptics may be right: A universal basic income may cause more harm than good for a very high cost.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?