Rik W. Hafer

Rik Hafer is the Director of the Center for Economics and the Environment. Hafer is also a faculty member in the Plaster School of Business & Entrepreneurship at Lindenwood University, serving as Professor of Economics.

After receiving a Ph.D., Hafer joined the research department of the Federal Reserve Bank of St. Louis. Upon rising to Research Officer, Rik left the Fed in 1989 to become Professor of Economics at Southern Illinois University in Edwardsville. While at SIUE he held several positions, including Director of the Office of Economic Education and Chair of the Department of Economics and Finance. In 2007, Hafer was promoted to Distinguished Research Professor of Economics and Finance.

Hafer has taught at several universities, including Washington University in St. Louis and Erasmus University in Rotterdam, The Netherlands. He also has been an instructor in the Stonier Graduate School of Banking, served as a Consultant to the Central Bank of the Philippines, was a Research Fellow with the Institute of Urban Research at SIUE, and served as a Visiting Scholar with the Federal Reserve Banks of Atlanta and St. Louis. Until recently, he was also a Research Fellow with the Show-Me Institute in St. Louis.

Hafer has published over 100 academic articles, several books on monetary policy and financial markets, and a principles of economics text. His research has covered many fields other than monetary economics, including the link between economic freedom and economic growth, and more recently the role of education in explaining why some countries and states grow faster than others. He also has written over 150 commentaries which have appeared in the Wall Street Journal, the St. Louis Post-Dispatch, the Illinois, and St. Louis Business Journals.

Dr. Hafer received his Bachelor of Arts in Economics from the University of Nebraska-Lincoln (1975) his Master of Arts and Ph.D. from Virginia Polytechnic Institute and State University (1977, 1979).

Policy Papers
Op-Ed Articles
Op-Ed Title
Author
Date
Economic Freedom in Missouri Improves
Rik Hafer and Dean Stansel
November 2020
Trump's Tariffs Cost American Jobs, Hurt Economy
Rik Hafer
November 2020
Like It or Not, It Is Time for Action
Rik Hafer
October 2020
Republican Administration Doesn't Mean Smaller Government
Rik Hafer
September 2020
The Economy Isn't Roaring Back
Rik Hafer
September 2020
A Tale of Two States - Rural and Urban Missouri
Rik Hafer
June 2020
Rainbow Trout Still a Keeper 140 Years Later
Rik Hafer
May 2020
Government in a Post-Pandemic World
Rik Hafer
May 2020
Higher Education Takes Brunt of Governor’s Spending Freeze
Rik Hafer
April 2020
The Coronavirus and Local Job Loss
Rik Hafer
April 2020
A Case for Proactive Policies
Rik Hafer
March 2020
Overhaul Capitalism to Save the Middle Class?
Rik Hafer
February 2020
Economic Freedom in Missouri
Rik Hafer
November 2019
A Capitalist She is Not
Rik Hafer
October 2019
Saving the Economy, 25 Basis Points at a Time
Rik Hafer
July 2019
Policy Reforms for Better Prosperity
Rik Hafer
May 2019
Don’t Believe the Hype -- The Better Together Plan is Oversold
Rik Hafer and William Rogers
February 2019
Presidential Attacks on Fed are Nothing New
Rik Hafer and Howard Wall
January 2019
Amazon and the Minimum Wage
Rik Hafer
October 2018
Is College Worth the Cost?
Rik Hafer
June 2018
Freedom of Speech is the Cornerstone of Our Democratic Society
Rik Hafer
May 2018
Tariffs are a Tax – Pure and Simple
Rik Hafer
April 2018
K-12 Education – Is More Money the Answer?
Rik Hafer
March 2018
Education and Economic Outcomes in Missouri
Rik Hafer
January 2018
Where is the Debt Debate?
Rik Hafer and Tawni Ferrarini
December 2017
Missouri’s Tax Code Needs Reform
Rik Hafer
December 2017