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.
Johnson County District Attorney said Monday that Frazier Glenn Cross, also known as F. Glenn Miller, could be charged with murder as early as Tuesday. In addition to state charges, U.S. Attorney Barry Grissom said that Cross could also face federal hate crimes charges, but those will be taken to a grand jury. Authorities said that their investigation was focused on Cross and they were not seeking any other suspects.
Public schools in Kansas City, Missouri, will remain unaccredited.
The State Board of Education on Tuesday chose to take no action on a request by Kansas City Schools Superintendent R. Stephen Green to grant provisional accreditation, based on this year's assessment scores in which the district placed within the provisional range. But State Board President Peter Herschend says there hasn't been sufficient improvement sustained over a period of time.
The Missouri Supreme Court heard arguments Wednesday in a lawsuit that's delaying the implementation of the state's student transfer law in the Kansas City area.
A lower court ruling declared the transfer law to be an unfunded mandate for school districts in Independence, Lee's Summit and North Kansas City, but not for Blue Springs and Raytown. Attorney Duane Martin argued Blue Springs' position before the High Court, saying the transfer law would be an unfunded mandate for them as well.
Bidders will get a chance later this month to buy two weapons once owned by Bonnie and Clyde.
A tommy gun and a 12-gauge 1897 Winchester shotgun that were used by the infamous outlaw couple will go up for auction in Kansas City on Jan. 21.
The Joplin Globe reports that the weapons were among those seized during a raid of Bonnie and Clyde's apartment in Joplin on April 13, 1933. Until recently, the guns were displayed at the Springfield Police Museum.
The May 22 tornado that killed 161 people and left much of Joplin in ruins was a unanimous choice for The Associated Press' top story in 2011 by editors across the state. That was followed by the intentional breach at Birds Point, which sent water rushing over southeast Missouri farmland in a bid to save the upstream Illinois town of Cairo.