I haven’t brought it up much on The Sac Bunt, but since developing an interest in the study of economics I’ve become a strong critic of publicly funded sports projects. JC Bradbury, a favorite sports blogger and professor of economics, eloquently explains why. (video below)
It’s very easy to see a new stadium going up, people spending money on tickets, concessions, but what you don’t see is that something else didn’t get built across town. We didn’t see waitress jobs lost, movie theater jobs lost, it’s just transferring [money] from one place to the other.