John Payne, a Show-Me Institute research assistant, discusses his recent commentary about Albert Pujols' contract negotiations with the Cardinals. Payne argues that keeping Pujols on the team is worth up to $30 million a year in salary. This interview, conducted by McGraw Milhaven, was featured on "McGraw in the Morning," on KTRS 550 AM.

It seems that all of Saint Louis and much of the baseball world are asking that question these days about a contract extension for El Hombre. The numbers being bandied about seem out of this world, even for baseball's best player. But is he worth it? The Show-Me Institute's John Payne took a swing at that question when he appeared on the Mark Reardon Show on KMOX on Feb. 11.

Joseph Haslag, economics professor at the University of Missouri–Columbia and executive vice president of the Show-Me Institute, explains in this radio commentary for KBIA 91.3 FM in Columbia that, although Federal Reserve Chairman Ben Bernanke has been fretting about deflation, the real danger in current Federal Reserve policy is the potential for long-term inflation.