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University of Missouri-St. Louis professor on why restaurants and retailers are shutting down nationwide

by Marshall Griffin | Mar 31, 2025 | Business, News

Restaurants and retailers nationwide continue to either shut down or downsize. Max Gillman, Hayek Professor of Economic History at the University of Missouri-St. Louis, said inflation is one of the main culprits. “The episode that we had from 2021 to 2023, we had 9%...

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