The roar of the crowd is electrifying and the bubbling solidarity of the fans cheering on their team swells an intoxicating civic pride. The emotional arguments for professional sports are strong, of course, but is there a solid economic case for building sports facilities? The short answer to that question is: rarely. In fact, most cities have
Stadium Frenzy Ignores Economics
As the economy bounces back from recession, so is stadium construction in the U.S. The structures cost more than a pretty penny, but few seem concerned about economics.