The Impact of Professional Sports Franchises and Venues on Local Economies

TL;DR the elite academics are ignored when their suggestion doesn’t help the oligarchic class or the grifters whom they subsidize to temporarily rule over the plebes.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4022547

#sports #publicfinancing #localeconomy

@paninid Isn’t the entire point of doing things like building new “downtown stadiums” is that they get to evict a bunch of low income brown people, bulldoze a large chunk of the city and rebuild it into upscale shops, bars, condos, etc to collect rent on in perpetuity and get tax payers to finance as much of the investment as possible?