The continual birth and death of companies is a natural byproduct of competition in the marketplace. But is the rate at which this "churn" takes place related positively or negatively to the growth of our state's economy? Show-Me Institute Chief Economist Joseph Haslag explores the importance of churn for state growth in his new essay. Click on the link below to read more.
Company Births and Deaths: “Churn” and State Economic Growth
Economy
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About the Author
Joseph Haslag
Joseph Haslag is the Donald R. Street Endowed Professor and Department Head of Economics at Auburn University. Until the end of 2018, Professor Haslag was the Institute's chief economist. An expert in monetary policy, Haslag has done research at the Federal Reserve Banks of Saint Louis, Dallas, and...