Watchdog.org Podcast

[Ep 46] The economics behind taxpayer-funded sports stadiums

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Synopsis

By Eric Boehm | Watchdog Radio This is Behind the Headlines, Watchdog.org’s podcast that takes a deeper look at the political news of the day. In this week’s episode, host Eric Boehm sits down with Victor Matheson, a professor of sports economics at The College of The Holy Cross to discuss a stunning development in Minnesota: politicians voted against using public funding for a new soccer stadium. But that's only after spending more than $1 billion on four other sports facilities in the past decade. Matheson examines the stadium building craze that has swept the country since the 1990s, tests the claim that stadiums boost economic development and talks about why Minnesota's Metrodome is a perfect example for showing why they don't.