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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

Asian Currencies Weaken as Dollar Rebounds Amid Middle East Uncertainty and Japan Inflation Data

Most Asian currencies declined on Tuesday as mixed signals surrounding the Middle East conflict, a recovering U.S. dollar, and softer Japanese inflation data weighed on regional markets. Investors remained cautious as...

Japan's Private Sector Growth Slows in March Amid Rising Costs and Middle East Uncertainty

Japans private sector expansion lost steam in March 2025, with both manufacturing and services activity cooling as geopolitical tensions in the Middle East drove up business costs and dampened confidence, according to the...

Australia-EU Free Trade Deal Signed After Years of Negotiations

Australia and the European Union have officially signed a landmark free trade agreement, marking the end of years of negotiations and opening a new chapter in economic relations between the two regions. The deal gained...

Suspicious Oil Market Trades Precede Trump's Iran Peace Post by 15 Minutes

Financial markets are buzzing with controversy after a report by the Financial Times revealed that roughly $580 million in oil futures were traded just 15 minutes before President Donald Trump published a post on Truth...

U.S. Futures Slide as Iran Denies Nuclear Talks with Washington

U.S. stock index futures declined Monday evening after Iran officially denied engaging in any diplomatic discussions with Washington, contradicting earlier statements from President Donald Trump that suggested progress...

Politics

U.S. and Costa Rica Reach Deportation Transfer Agreement

The United States and Costa Rica have officially signed a preliminary agreement allowing Costa Rica to receive third-country migrants deported by the U.S. government. The announcement was made by Costa Ricas presidency on...

Bolsonaro Released from ICU After Lung Infection Battle

Brazils former President Jair Bolsonaro has been moved out of intensive care following a challenging hospitalization, local media confirmed on Monday. The 71-year-old was transferred to a standard hospital room after...

Israel Eyes Litani River as New Border Amid Escalating Lebanon Offensive

Israels Finance Minister Bezalel Smotrich has publicly called for redrawing Israels northern boundary to reach the Litani River, deep within Lebanese territory marking one of the most direct statements yet from a senior...

Trump Visits Graceland, Pays Tribute to Elvis Presley During Memphis Trip

President Donald Trump made a memorable stop at Graceland, Elvis Presleys iconic Memphis estate, expressing his lifelong admiration for the King of Rock and Roll during a visit focused on federal efforts to reduce crime in...

Kim Jong Un Declares Nuclear Forces Permanent, Labels South Korea "Most Hostile State"

North Korean leader Kim Jong Un has reaffirmed his countrys commitment to expanding its nuclear arsenal, declaring the nations status as a nuclear-armed state irreversible. Speaking before the Supreme Peoples Assembly on...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets

Nintendo has announced plans to scale back production of its Switch 2 console following disappointing holiday season sales, particularly in the United States. According to a Bloomberg report, the Japanese gaming giant will...

Elon Musk Announces Terafab: SpaceX and Tesla to Build Dual AI Chip Factories in Austin, Texas

Elon Musk revealed plans for a massive dual-chip manufacturing complex called Terafab in Austin, Texas, set to be jointly developed by SpaceX and Tesla. The announcement marks a significant step in Musks broader strategy...

NVIDIA's Feynman AI Chip May Face Redesign Amid TSMC Capacity Crunch

NVIDIA could be forced to redesign its next-generation Feynman artificial intelligence chip platform as contract manufacturing giant TSMC struggles to keep pace with surging global demand. According to a report from...

Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys

Activist hedge fund Elliott Investment Management has quietly built a multibillion-dollar position in Synopsys, the electronic design automation (EDA) giant, signaling a push for stronger financial performance from one of...

Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy

Palantir Technologies (NASDAQ: PLTR) is drawing renewed investor and industry attention after the U.S. Department of Defense officially designated its Maven Smart System as a program of record, a classification that...