Sex workers, studs, surfers, and pensions @portfoliobooks, senior fellow @ManhattanInst, @opinion, @cityJournal

Joined October 2009
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Now it is really a book!
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Allison Schrager retweeted
The proposed $30 minimum wage and tip-credit elimination would push labor costs up ~69%, turning a typical restaurant's slim profit into a $380,000 annual loss. @AndrewRigie on what the numbers actually mean for the industry. vitalcitynyc.org/nyc-minimum…
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THURS| @ManhattanInst Senior Fellow @AllisonSchrager discusses new inflation numbers, how it impacts the economy and Trump economic policy and future decisions by the Federal Reserve. Watch live at 8:00am ET!
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From today's show 'How Influencers Hijacked The Consumer Economy': "People used to wait in line for nightclubs, now the wait in lines for bagels" @AllisonSchrager
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'How Influencers Hijacked The Consumer Economy' Ed Elson is joined by Rachel Karten (@milkkarten) and Allison Schrager  (@AllisonSchrager) to explore how influencers became the dominant force in the consumer economy.  They discuss why young people are so interested in viral products, how social media is accelerating “winner-take-all" dynamics, and whether going viral is a sustainable growth strategy for businesses.  Ep👇
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Can’t find a job? @AllisonSchrager says to blame WFH, not AI 🎥
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WOAH -- Social Security's shortfall is 16% worse now - ssa.gov/oact/TR/2026/tr2026.…

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Few ideas are less progressive than allocating nearly all potential "tax-the-rich" revenues to (often wealthy) retired boomers. You merely keep SocSec out of deficit for 4 years, keep spending 6x as much on retirees as under-26's, and starve all other progressive priorities.
Scrap the cap and have the rich pay the tax on their full income.
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Remember when there was all the talk about Europeans boycotting travel to the US? That didn't happen. Here's tourist arrivals in the US from Italy. 2025 was a record year for Italian tourism to the US. No big pullback for other European countries either... robinjbrooks.substack.com/p/…
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We should more seriously consider the merits of a progressive consumption tax
Game 3, NBA Finals, Madison Square Garden.
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The prime-age (25-54) employment rate ticked up to 80.8% in May, and has been basically holding steady around its post-2000 high. So people have jobs.
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"It would be very hard to justify cutting rates now, and kind of hard to justify increasing rates until we see a significant move up with the core CPI," @AllisonSchrager says. Watch LIVE: x.com/i/broadcasts/1qKVmmoLl…
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Allison Schrager retweeted
It's Jobs Day! Could the US labor market break out of its low hiring rut? 🎥 Tune in as @JonathanJLevin discusses the data LIVE with @keds_economist and @AllisonSchrager @ 8:25 am ET x.com/i/broadcasts/1qKVmmoLl…
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Allison Schrager retweeted
Tomorrow is Jobs Day! Could the US labor market break out of its low hiring rut? 🎥 Tune in as @JonathanJLevin discusses the data LIVE with @keds_economist and @AllisonSchrager Friday, 8:25 am ET x.com/i/broadcasts/1qKVmmoLl…
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Allison Schrager retweeted
In a new PS Insider Interview, coming next week, @NobelPrize laureates @Ph_Aghion and Simon Johnson (@baselinescene) highlight the high costs of over-regulation, risk aversion, and institutional inertia in Europe. Sign up to our Longer Reads & Interviews newsletter now so you don’t miss it. bit.ly/4uT5KOq
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