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Jay L. Zagorsky

Jay L. Zagorsky

Clinical associate professor, Boston University
I teach at Boston University's Questrom School of Business. 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.

From 1995 to 2018 I held the position of Research Scientist at The Ohio State University, where I collected 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/.

My personal blogs are found here https://blogs.bu.edu/zagorsky/ and https://u.osu.edu/zagorsky.1/

Why March Madness is a special time of year for state budgets

Mar 25, 2024 05:12 am UTC| Insights & Views Sports

March Madness the time when the best mens and womens college basketball teams challenge each other is a made-for-television spectacle watched by millions. While March Madness has been around for decades, one of the...

Why do airlines charge so much for checked bags? This obscure rule helps explain why

Mar 18, 2024 09:15 am UTC| Insights & Views Business

Five out of the six biggest U.S. airlines have raised their checked bag fees since January 2024. Take American Airlines. In 2023, it cost US$30 to check a standard bag in with the airline; today, as of March 2024, it...

'No cash accepted' signs are bad news for millions of unbanked Americans

Jan 23, 2024 05:30 am UTC| Insights & Views Economy

How many people dont have a bank account? And just how difficult has it become to live without one? These questions are becoming increasingly important as more businesses refuse to take cash in cities across the U.S....

Airlines are frustrating travelers by changing frequent flyer program rules – here's why they keep doing it

Nov 21, 2023 04:17 am UTC| Business

As the U.S. holiday travel season picks up, many people are noticing that their frequent flyer benefits arent going as far as they used to. In September 2023, Delta Air Lines revamped its frequent flyer program to make...

Passport bottleneck is holding up international travel by Americans eager to see the world as COVID-19 eases

May 11, 2023 15:58 pm UTC| Health

The World Health Organization declared on May 5, 2023, that the COVID-19 pandemic is no longer a public health emergency. Although the virus is still causing hospitalizations and deaths, many travelers who were reluctant...

I tried to pay my taxes in cash – here's what happened, and why the IRS should make it easier to do so

Apr 10, 2023 16:12 pm UTC| Economy

About two-thirds of all U.S. residents who file federal income taxes typically get a refund. Unfortunately, this year I am among the other third who owe the Internal Revenue Service money. So I tried something Ive never...

Starbucks fans are steamed: The psychology behind why changes to a rewards program are stirring up anger, even though many will get grande benefits

Jan 26, 2023 11:59 am UTC| Business

Starbucks, the coffee chain giant, is modifying its rewards program, and the news is full of stories of outraged consumers. The main focus of their ire is that, starting Feb. 13, 2023, it will cost twice as many of the...

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Economy

Net zero is not just good science – it’s also a good deal for ordinary people

As the UK moves into a general election, a misinformed debate over the countrys climate transition and legally binding net zero targets risks further dividing people. Much of this debate in the UK focuses on the cost of...

The UK has a growing food black market – and it’s making the cost of living crisis worse

The UK food sector has faced its fair share of challenges, and issues around supply are not uncommon. In the year to January 2024, overall food prices rose by 7%. To compound this, last year, the UKs Competition and...

Why do we need a Net Zero Economy Authority? And how can it fulfil its promise?

To support its climate agenda, the Albanese government is building new institutions. One of the most important will be the Net Zero Economy Authority. The proposed laws to create this authority are currently before the...

African countries could unlock billions in local and global trade – what’s working and what’s not

Africas share of global trade remains disproportionately small, hovering around 2%-3%. Countries on the continent trade more with the rest of the world than they do among themselves. Africa needs to improve its share of...

Race still divides South Africa – study shows little transformation in new suburbs in country’s economic hub

As South Africa reflects on 30 years of democracy, its important to ask whether its cities have changed for the better when it comes to racial mixing. During apartheid, South Africas residential development was...

Politics

Trump’s lawyers in lawsuits claiming he won in 2020 are getting punished for abusing courts and making unsupported claims and false statements

Over the past four years, U.S. courts and state bar associations have taken action to protect the integrity of the U.S. judicial system by penalizing attorneys who filed meritless lawsuits claiming without evidence that...

Election 2024: polling shows voters don’t believe the tax pledges

The two main parties contesting the UK general election have been unusually cautious on their spending plans, despite urgent calls for more public funding to tackle crises in housing, social care and the...

Wisconsin is a key swing state this year – and has a history of being unpredictable

Voters in Wisconsin now considered a critical swing state ahead of the 2024 presidential election may be among the most unpredictable in the nation. Although former President Barack Obama carried the state in the 2008...

TSMC Weighed Leaving Taiwan Amid China Tensions, Deemed Move Infeasible

TSMC disclosed it had considered relocating its chip factories from Taiwan amid escalating China tensions but decided the move was impractical. TSMCs Relocation Discussions Tensions between Taiwan and China have been...

Mexico: Sheinbaum faces uphill task to buck the trend and curtail spiralling violence

Mexico has reached a political milestone. According to a quick count by the countrys electoral commission, Mexican voters have just elected their first female president. In a society that has long treated its women...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Altcoin Prices Decline Amid Market Volatility: Recovery Timeline Uncertain

Altcoin prices, including Ethereum and Solana, have dropped significantly due to various economic factors and market sentiment shifts, prompting speculation on recovery timelines. Examining the Causes Behind the Recent...

Trump Advocates for Bitcoin ‘Made in the USA’ After Meeting Mining Industry Heads

After meeting with cryptocurrency mining company leaders, Donald Trump stressed the need for all Bitcoin to be produced in the USA, highlighting its role in energy dominance. Trumps Call for Domestic Bitcoin...

Shiba Inu Burn Rate Jumps 3010%; 232M SHIB Tokens Reduced from Circulation

Shiba Inu (SHIB) token burn rate surged by 3010% on June 12, resulting in 232 million tokens being burned, a notable rise during the market downturn. Unprecedented SHIB Burn Rate Increase The Shiba Inu (SHIB) meme...

Critical Week Ahead: SEC to Comment on Ethereum ETF S-1 Filings

The Ethereum ETF is at a pivotal moment this week as the SEC prepares to respond to S-1 filings, potentially shaping the future of Ethereum-based investment products. Crypto Market Awaits SECs Critical Decision on...
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