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Jay L. Zagorsky

Jay L. Zagorsky

Since 1995 I have held the position of Research Scientist at The Ohio State University, where I collect data as part of the National Longitudinal Surveys on income, wealth, and life experiences of thousands of Americans. My personal finance research has been widely quoted in the media and has been highlighted in the Wall Street Journal, USA Today, Fox News, Good Morning America, Scientific American and numerous other news outlets.

Besides publishing numerous scholarly articles I wrote the book "Business Information: Finding and Using Data in the Digital Age" for McGraw-Hill/Irwin and "Business Macroeconomics: A Guide for Managers, Traders and Practical People." More information on the macroeconomics book can be found at http://businessmacroeconomics.com/.

I also teach at Boston University's School of Management. From 1988 to the present my teaching has spanned a wide range of levels from senior executives taking intensive classes to high school students encountering economic theories for the first time. I have taught giant lectures of over 450 students, classes of fifty, and small seminars with fewer than ten people.

My personal blog is found here http://u.osu.edu/zagorsky.1/

What is full employment? An economist explains the latest jobs data

May 04, 2018 15:11 pm UTC| Insights & Views Economy

The latest jobs report has gotten a lot of analysts, policymakers and talking heads once again asking whether the U.S. is at full employment. The Bureau of Labor Statistics reported on May 4 that the U.S. unemployment...

GOP plan to tax college endowments like Yale's and Harvard's would be neither fair nor effective

Nov 08, 2017 15:04 pm UTC| Insights & Views Politics Economy

Tucked away in the recently announced GOP tax bill is a small item you may have missed: a new tax on university endowments. As I have spent decades working in higher education, the proposal immediately piqued my...

Economist who helped behavioral 'nudges' go mainstream wins Nobel

Oct 10, 2017 14:06 pm UTC| Insights & Views Economy

The 2017 Nobel Prize in economics was awarded to University of Chicagos Richard Thaler for his work in behavioral economics, which is the integration of economics with psychology. While the award was not a total...

The penny may be worthless, but let's keep it anyway

Aug 28, 2017 15:19 pm UTC| Insights & Views Economy

Governments have long waged a war on cash in an attempt to curb terrorism and tax evasion. Their focus has typically been on eliminating large denominations, like Europes 500 bill or Indias 1,000 rupee note. Two U.S....

Why Wall Street's Dow 20,000 is totally meaningless

Jan 26, 2017 07:27 am UTC| Insights & Views Economy

The Dow Jones Industrial Average just broke 20,000 for the first time. Traders and investors cheered this historic high of the worlds most famous stock market index, which is composed of 30 of the biggest and...

Paid family leave policies are expanding, but are new mothers actually taking time off?

Jan 24, 2017 15:37 pm UTC| Insights & Views Economy Law

The recent presidential campaign reminded us that the U.S. is one of only a handful of countries that doesnt require companies to provide paid maternity leave. Maternity leave is important. One of the key reasons is...

Worrisome Signs Series

How to get ready for the economic recession coming in 2017

Dec 31, 2016 16:08 pm UTC| Insights & Views

My outlook for 2017 and beyond is that the U.S. economy will likely see another recession. Yes, the economic picture currently looks wonderful. The Dow and SP 500 are at record levels. Unemployment is well below 5...

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Economy

JGBs gain towards end of trading week; falling U.S. 10-year yields cushion debt prices

Japanese government bonds gained as we approach towards the end of the week on Thursday, following a massive decline sparked off in the United States 10-year yields, post minutes of the FOMCs May monetary policy meeting,...

Australian bonds continue to rally tracking upward pressure in U.S. Treasuries

Australian government bonds ralliedon Thursdaytracking firmness in the U.S. Treasuries as investors risk sentiments weighed down by renewed geopolitical caution towards US negotiations with North Korea and China. The...

Australia’s headline construction rises below expectations in Q1

Australias headline construction figure for the first quarter came in below expectations; however, the details of the report were strong. Construction rose 0.2 percent sequentially in the March quarter, with a mix of...

U.S. new home sales miss consensus estimates, suggest a soft start to Q2

The United States new home sales fell by 1.5 percent m/m in April, to 662k. This was below the consensus estimates of 680k, although the m/m rate of decline was in line with what Barclays Research had forecast. The miss...

Asia-Pacific’s macroeconomic environment remains intact, albeit at the cost of trade and capital risks: S&P Ratings

The favorable macroeconomic environment in Asia-Pacific remains intact, although risks relating to capital flows and trade have increased, according to the latest report titled APAC Economic Snapshots--May 2018, published...

Politics

The first terrorist act in Indonesian prison: the triggers and how to prevent them

Indonesia witnessed another terrorist act last week. But, this time, it occurred in a maximum-security detention centre located at the polices Mobile Brigade headquarters in Depok, West Java. More than 150 terrorist...

Would America vote for Oprah for president?

America has had a black president. Is the country ready for a black president who is also a woman? Speculation about the candidacy of Oprah Winfrey makes clear that some voters think so. Granted, Winfrey says she...

Lawyers keep secrets locked up – so they get asked to do the dirty work

Lawyers seem to at the center of lot of scandals lately. President Donald Trumps personal lawyer, Michael Cohen, whose office and hotel were raided by the FBI, is only the latest example. Harvey Weinsteins law firm...

Rise of cryptocurrencies could curb American power

There has been a lot of talk in foreign policy circles of the coming post-American world in which the international system will transition from a unipolar to a multipolar system. But, as we currently stand, the US remains...

Debate: On secularism in the 21st century

In January 2018 the French commemorated the Charlie Hebdo attacks that occurred three years earlier. The expression of American solidarity then toward the victims in France was quick and unwavering just as it was in the...

Science

Scientists Just Found A Black Hole That Is Eating Everything In Its Path

Black holes are some of the most terrifying subjects in the realm of science. Not only do they offer a glimpse into the raw power that is present in the universe, they also invoke undefinable terror in those who imagine...

Salt Could Prevent Hearing Loss After An Explosion

In movies, whenever a bomb goes off or an explosion occurs, there is that iconic moment where sounds are muffled and there is a high-pitched ring that pervades the whole scene. While films can go over-the-top with regards...

Scientists Want To Make Dogs Live Longer

Dogs are some of the most endearing creatures on the planet and one of the most tragic things about them is their short lives, at least when compared to humans. Depending on the breed, they can live from 7 to 15 years, on...

700,000-Year-Old Find Proves Early Humans Settled The Philippines Longer Than Previously Thought

Archeologists recently made a monumental discovery in the Philippines that pushes back the earliest period of human settlement in the region that was previously thought by over 600,000 years. Rhino bones and tools that...

States Sue EPA Over Rollbacks Of Environmental Protection Regulations

The Trump administration might not believe in climate change and could not care less about the environment, but the rest of the US does. This is why 18 states so far are now suing the Environmental Protection Agency for...

Technology

Bank of America wins Blockchain Patent for Security Measures

Bank of America has recently been awarded control over a patent that allows users verified access to certain blockchain network. The patent was given on May 22 as reported by the US Patent and Trademark Office...

Google No Longer Believes In “Don’t Be Evil” Mantra, Finally Joins The Dark Side

Since its founding, Google had a few central mottos that its founders abided by and one of them is Dont Be Evil. This has guided the companys actions for over two decades and one that many of its employees firmly believed...

Gamers Will Literally Play Anything, Even A Home Renovation Simulator

In a development that will likely infuriate some indie developers who have created video games that follow traditional examples of the industry, gamers are apparently going nuts over a new game on Steam called House...

Google Is Looking At $4.3 Billion Loss Thanks To UK Lawsuit

Google spying on users has become the norm these days and most people have learned to look past the fact that the search engine company is now in their lives in much deeper ways than their closest loved will ever be....

Resident Evil 7 Comes To The Switch, But Just Through The Cloud

Playing Resident Evil 7 on the Switch is a dream for a lot of players and it seems this dream is coming through in a roundabout way. Yes, the game will soon become available on the Nintendo portable console hybrid....
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May 24 06:00 UTC Released

DEGDP Detailed YY SA

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2.3 %

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2.3 %

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2.3 %

May 24 06:00 UTC Released

DEGDP Detailed YY NSA

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1.6 %

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1.6 %

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1.6 %

January 31 00:00 UTC 163098163098m

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-1541 %

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