economics

(Courtesy; University of Chicago)

It’s Tuesday, the day when we poke our heads out of the offices of St. Louis Public Radio and review some of the other stories brewing in the economy that have piqued our interest.

First up is news that a very important economist has left this earth. Nobel Laureate Gary Becker died on Saturday. He is most notable for his economic theories that tried to explain human behavior, tackling questions that went way beyond supply and demand. The University of Chicago professor studied things like crime, racial discrimination and even romance.

Murray Weidenbaum
Washington University

Murray Weidenbaum, an influential scholar widely known as the key architect of President Ronald Reagan’s economic theory dubbed “Reaganomics,” has died.

In 1980, Reagan campaigned on a fix for an economy plagued by rising inflation, unemployment and a growing deficit. He appointed Mr. Weidenbaum as his economic adviser.

(UPI/Bill Greenblatt)

Football season is over. The Cardinals are still in Spring Training. St. Louis has no NBA to entertain us. The Olympics were fun while they lasted, but they took St. Louis Blues hockey away from us (until Wednesday). And we still don’t have a Major League Soccer team here. It's fair to say, the region is in a bit of a professional sports slump right now. And what have we been doing to endure the lull?

(via Flickr/StockMonkeys.com)

Kiplinger's says St. Louis is a great city for cheapskates - and insists we take that as a compliment.

The Gateway City ranks at number 9 on the Kiplinger compilation, and it's the biggest city in their top 10 (full list is below).

They say St. Louis' housing costs, at 27 percent below the national average, are what cemented our place on the list.

Look at the center of this map, at the little red dot that marks Kansas City. Technically, Kansas City is at the edge of Missouri, but here on this map it's in the upper middle section of a bigger space with strong blue borders. We don't have a name for this bigger space yet, but soon we will.

Our Adam Allington asked a selection of St. Louisans to finish the sentence 'You know you're wealthy when..." for Marketplace. Check out the answers via the link.