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 more, click on the link.
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About the Author
Joseph Haslag is a professor and the Kenneth Lay Chair in economics a
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 holds an MA with honors in economics from the University of Kansas.