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Allison Schrager Books

1 book·~10 min total read

Allison Schrager is an economist, journalist, and co-founder of LifeCycle Finance Partners, LLC. She has written extensively on retirement, finance, and risk for publications such as Quartz, The Economist, and Bloomberg.

Known for: An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk

Books by Allison Schrager

An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk

An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk

economics·10 min read

In this engaging and accessible book, economist Allison Schrager explores how people make decisions about risk in unexpected places—from brothels to professional poker tables and Hollywood studios. Drawing on real-world examples and economic theory, she reveals how understanding risk can help individuals make smarter choices in business, finance, and life.

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Key Insights from Allison Schrager

1

The Brothel Case Study

The book opens, somewhat provocatively, in a Nevada brothel because it is one of the few places where risk is brought to the surface of every decision. Legal sex work operates in a regulated market where workers constantly weigh their safety, their income potential, and their autonomy. When I sat do...

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2

Risk and Reward in Professional Sports

When I turned to athletes, I found another form of risk mastery—the kind measured not in dollars but in bodily courage. Take big-wave surfers, for instance, who willingly place themselves in physical danger to chase one perfect wave. Their calculation is no less economic than a trader’s. They contin...

From An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk

About Allison Schrager

Allison Schrager is an economist, journalist, and co-founder of LifeCycle Finance Partners, LLC. She has written extensively on retirement, finance, and risk for publications such as Quartz, The Economist, and Bloomberg. Schrager holds a PhD in economics from Columbia University.

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Allison Schrager is an economist, journalist, and co-founder of LifeCycle Finance Partners, LLC. She has written extensively on retirement, finance, and risk for publications such as Quartz, The Economist, and Bloomberg.

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