In the News: Donald H. Dutkowsky

"First and foremost, housing costs. What will it do to my household wealth if I buy a house outright in that area (including selling my own house)?," says Professor Emeritus of Economics Donald Dutkowsky about factors retirees should consider when choosing a state for retirement.

"'The Dow's off 1,000 points, oh my goodness, that's horrible.' But the Dow's [near] 30,000 points, so that's a 3% drop," says Donald Dutkowsky, professor emeritus of economics, adding that a 3% drop is not good, but not awful. "I would advise investors to take a deep breath. If you're in it for the long-term for like your pension, take a deep breath and stay the course."

"The most important threat, in my view, of another Trump presidency is the unpredictability and uncertainty," says Áron Tóbiás, assistant professor of economics. "You can never know what happens next: what appears on Twitter, or what kind of trade policy is made."

"It's just about all good," says Donald Dutkowsky, professor of economics, about the recently released jobs report.

"With bad credit, it’s harder to get approved for an unsecured credit card, and the unsecured options available to people with bad credit are far less attractive," writes Don Dutkowsky, professor of economics. "If you’ve got bad credit and the flexibility to choose either a secured credit card or an unsecured one, always go secured."

"These funds helped pretty good cities be better, as opposed to really helping cities in need to become more viable," says Don Dutkowsky, professor of economics. 

Don Dutkowsky, professor of economics, says cities such as Rochester, Buffalo and Syracuse—with clusters of universities nearby and relatively low housing costs—may prove to be more attractive than places with a higher cost of living, such as New York City and Boston.

“The purpose of gaining knowledge is not to get a nice job or a fancy house or season tickets for basketball. Academic research in the social sciences should be motivated by a desire to change things for the better,” says Alexei Abrahams ’08 B.A. (Econ). He credits Syracuse University's Coronat Scholars Program for allowing him to take his time in finding his career path as an economist researching the Israel-Palestine conflict.

"Theoretically, cash back should be the best rewards currency, since the rewards can be used practically anywhere," says Don Dutkowsky, professor of economics. "But that only holds when the value of the rewards (for a given amount of purchases) of cash back and product/service-based rewards (e.g., airline miles, automobile discounts) are the same." 

“The problem of low-wage workers is real,” says Professor of Economics Don Dutkowsky. “It’s a trap for them. These jobs are precious to people, but they may not pay the best and moving around is not easy.”

Don Dutkowsky, professor of economics, offers advice on improving credit by using credit cards for bad credit and how to decide between a secured and an unsecured credit card in WalletHub.

Don Dutkowsky, professor of economics, notes that doctorates in economics have thrived due to the expansive job market available in economics both inside and outside of academia. Alfonso Flores-Lagunes, professor of economics, adds that an increase in economic majors has yielded a higher demand for economics instructors, opening up doors for economics doctorates where they are closing in other fields of study.

Donald Dutkowsky, professor of economics, said that Syracuse University has been mostly self-sustaining for many years with funding primarily from tuition and donations, and that President Trump's education policies will not necessarily be a big player in SU’s operations.