Olean Times Herald

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Raiding your 401(k) to buy a house should be an option
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
January 21, 2026
NEW YORK (TNS) — I have a confession, shameful as it may be for someone who has spent decades studying retirement policy and advising individuals and ...
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The economy needs a little bit of unfairness
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
December 26, 2025
NEW YORK (TNS) — There are a lot of reasons, some deserved and some not, for Americans’ distrust of their institutions. Lately I have been thinking ab...
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The college discussion every family should have
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
December 8, 2025
NEW YORK (TNS) — The decision to attend college was a no-brainer during the second half of the 20th century. It almost assured higher earnings and job...
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AI is more likely to cause a labor shortage
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
December 2, 2025
NEW YORK (TNS) — There are two big worries when it comes to the rapid advances in artificial intelligence. The first is that it will lead to robot ove...
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Want to buy a home? It’s OK to wait till you’re 40
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
November 13, 2025
NEW YORK (TNS) — If owning a home is still the American dream, then it is increasingly out of reach for many young Americans. The average age of a fir...
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Can America afford to reopen the government?
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
October 24, 2025
NEW YORK (TNS) — What is the welfare state America wants, and what is the one it can afford? This is not a question Americans are ready to discuss — s...
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The era of the illiquid millionaire is here
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
October 21, 2025
NEW YORK (TNS) — Being a millionaire isn’t what it used to be. This isn’t a lament, it’s a fact: As Bloomberg News reported recently, almost one-fifth...
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A zombie economy could be America’s future
Commentary, Opinion
By ALLISON SCHRAGER Bloomberg Opinion 
October 16, 2025
NEW YORK (TNS) — Over the next decade, the U.S. economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites ...
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