The year 1997 marks a grim turning point for Missouri. In the 10 years before 1997, Missouri’s economic growth had kept pace with that of the nation as a whole. Since 1997, Missouri has been one of the slowest-growing states in the nation. What happened–and why? This essay explores those questions, analyzing the decline in Missouri’s fortunes by looking specifically at taxation and state spending for clues. To read the essay, click on the link below.
Was Missouri Always Like This?
Economy
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About the Author
Joseph Haslag
Joseph Haslag is a professor and the Kenneth Lay Chair in economics at the University of Missouri Columbia. 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...
About the Author
Michael Austin
Michael Austin was a Policy Analyst at the Show-Me Institute specializing in state and local budgets, taxes, and economic growth. Michael graduated with a BBA in business management and economics from Washburn University in Topeka, Kansas, and he holds an MA with honors in economics from the...
