Quote:
Originally Posted by 240glt
Economists see little payoff for cities that subsidize pro sports facilities
http://www.calgaryherald.com/busines...407/story.html
It'll be years before we actually know if Edmonton's deal paid off. We already know it came at a huge cost with some shady back room deals, is it worth it ? |
As an Economist, I typically agree with the poor decisions of public subsidies for private arenas. That said, outliers are just that and Edmonton is thankfully one of them.
240 simply does not understand Economics or investment.
But I applaud his diligence to portray something different.
We all should adhere to our values.
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