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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/

You can probably eat more Christmas cookies than you think - just take a look at the calorie guidelines

Dec 19, 2018 15:21 pm UTC| Insights & Views Life

Its that time of year when cookies, cakes, candy and treats show up at work, home and every place in between. As researchers who have investigated obesity, peoples body image, and fast food and other nutritional topics...

Why the unemployment rate will never get to zero percent – but it could still go a lot lower

Sep 24, 2018 07:27 am UTC| Insights & Views Economy

The U.S. Labor Department continues to release wonderful news for U.S. workers. Just this week, on Sept. 20, the agency said that the number of Americans filing for unemployment benefits reached the lowest level in...

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...

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Economy

Budget 2024: experts react to the UK government’s last roll of the economic dice ahead of a general election

The spring budget of 2024 was widely seen as a chance for UK Chancellor Jeremy Hunt to inject some economic optimism into British politics ahead of a general election. Would he or wouldnt he cut income tax? (He wouldnt.)...

From micro to macro, Andrew Leigh’s accessible history covers the economic essentials – and an epic rap battle

Andrew Leighs The Shortest History of Economics is the latest in a series of such histories, mostly focused on particular countries. It begins with a striking mini-history of household lighting, focusing on the amount...

Taxes aren’t just about money – they shape how we think about each other

Taxes raising them, cutting them, creating them are useful political tools in an election year (as Chancellor Jeremy Hunts decision to cut national insurance shows). But they are always pertinent, even if some people...

Interest rates are expected to drop but trying to out-think the market won’t guarantee getting a good deal

With most economists expecting interest rates to start falling later this year, prospective home buyers might be weighing up whether to buy now for fear of strong competition for stock, or waiting until repayments are...

Wendy’s won’t be introducing surge pricing, but it’s nothing new to many industries

The recent controversy over Wendys pricing strategies is a perfect example of how online word-of-mouth can distort marketing communications and create confusion for consumers. Wendys new president and CEO Kirk Tanner...

Politics

3 things to watch for in Russia’s presidential election – other than Putin’s win, that is

Russians will vote in a presidential election from March 15-17, 2024, and are all but guaranteed to hand Vladimir Putin a comfortable victory, paving the way for him to remain in power until at least 2030. While the...

Ireland referendums: what went wrong for the government and why double defeat draws a line under a decade of constitutional reform

Ireland, more than any other EU country, has a long and colourful history of referendums. Another chapter in that history has played out in the form of resounding defeats for two government proposals aimed at modernising...

Artdocfest is a crucial outpost of free expression on Russia’s doorstep

On the day of the funeral of Alexei Navalny, Vladimir Putins most prominent opponent, the biggest festival of documentary film in the former Soviet countries opened in Latvia with a minutes silence. Artdocfest Rigas...

A beginner’s guide to the taxes you’ll hear about this election season

National insurance, income tax, VAT, capital gains tax, inheritance tax… its easy to get confused about the many different ways we contribute to the cost of running the country. The budget announcement is the key...

Science

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Spacesuits need a major upgrade for the next phase of exploration

Humans have long dreamed of setting foot on the Moon and other planetary bodies such as Mars. Since the 1960s, space travellers have donned suits designed to protect them from the vacuum of space and stepped out into the...

The brightest object in the universe is a black hole that eats a star a day

Scientists have no reported evidence of the true conditions in Hell, perhaps because no one has ever returned to tell the tale. Hell has been imagined as a supremely uncomfortable place, hot and hostile to bodily forms of...

The brain is the most complicated object in the universe. This is the story of scientists’ quest to decode it – and read people’s minds

In the middle of 2023, a study conducted by the HuthLab at the University of Texas sent shockwaves through the realms of neuroscience and technology. For the first time, the thoughts and impressions of people unable to...

Technology

Nvidia and Chinese EV Makers Forge Ahead in Auto AI, as BYD Claims Global EV Crown

Nvidia deepens its collaboration with Chinese EV giant BYD, now the worlds largest EV manufacturer, leveraging Nvidias cutting-edge AI chips to push the boundaries of autonomous driving and digital automotive...

Nvidia's B200 AI Chip Unveiled: A Leap Towards Extending Market Dominance

At its annual developer conference, Nvidia unveiled the B200, a flagship AI chip 30 times faster than its predecessors, aiming to solidify its market dominance amid increasing competition. Nvidias Bold Move: Unveiling...

Nvidia to Power Humanoid Robots Using Generative AI

Nvidia Corporation said on Monday that it has created a hardware and software platform for building humanoid robots. The software firm also added generative artificial intelligence (AI) features to power the robots. The...

Nvidia, Johnson & Johnson MedTech Team Up to Develop AI-Powered Surgery

Johnson Johnson MedTech and Nvidia announced on Monday, March 18, that they are working together to develop and expand new artificial intelligence (AI) applications designed for surgery. Kimberly Powell, Nvidias vice...
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