Skip navigation

I previously argued that government spending programs should be able to demonstrate a return on investment, or alternately, to pass a cost-benefit analysis.  Of course, not all cost-benefit analyses are created equal.  As an example, sports teams often ask cities to fund their stadiums, arguing that it provides economic benefit to the city.  These benefits, generally speaking, are “economic fairy tales”, based on numbers “pulled from thin air”, at least according to, well, sports teams.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: