Politicians often argue the benefits of raising taxes to pay for sports stadiums, citing all the economic benefits that accrue from attracting major sports teams. But if there were significant economic benefits, wouldn’t private investors have an incentive to pay for the stadiums on their own? Why do we need tax revenues to fund them? This week, economist Lauren Heller joins us to talk about the economics of sport stadiums.
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Quick Hits
https://russiandefpolicy.com/2021/12/27/russian-military-pay-still-lags/
https://www.cnas.org/publications/commentary/when-do-economic-sanctions-work-best
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