From Deseret News archives:
Politics and academics often not in agreement
- Page:
- < Previous
- 1
- 2
Last week, the CATO Foundation released a new study authored by Dennis Coates, an economics professor at the University of Maryland, Baltimore County, and Brad R. Humphreys, an associate professor at the University of Illinois, Urbana-Champaign. The study focused on the current debate over where to build a baseball stadium for the new major league team in Washington, D.C., but it applies to any city.
The study notes that everyone who touts the benefit of a pro sports team looks at how the money spent on sports will ripple through the community. But they overstate this benefit because they ought to look only at "benefits that would not have occurred in the absence of the stadium." Economists call this the "substitution effect." People normally spend money on a movie or a dinner somewhere else in town. Instead, they decide to go to a soccer game. That really isn't new spending. The restaurant and the theater actually lose money.
If teams want to locate here, they should use existing facilities or pay for their own. But that's heresy, too.
Some people call sports the new national religion, and when a movement that powerful comes along, it's easy for the clergy to simply ignore the intellectuals. After all, an economist doesn't cover himself in war paint and pose shirtless for the camera on game day.
Jay Evensen is editor of the Deseret Morning News editorial page. E-mail: even@desnews.com
- Page:
- < Previous
- 1
- 2
Comments
- Murray to sterilize, release feral cats 10:55 p.m.
- Man charged with animal cruelty 10:53 p.m.
- No injuries after car strikes TRAX train 10:49 p.m.
- Teen hurt while riding on car hood 10:48 p.m.
- Boozer Western Conf. player of week 10:45 p.m.
- Chicagoan charged in Mumbai attack 10:42 p.m.
- 1 in 6 U.S. workers is foreign-born 10:42 p.m.
- News briefs 10:41 p.m.
- Ruling appealed in teen beating case 10:39 p.m.
- New St. George courthouse to open 10:39 p.m.
- Letters: Liberal because LDS
278 - Y. profs: Beck not all-knowing
260 - TCU to play Boise in Fiesta Bowl
203 - Hate not limited to 1 in-state rivalry
191 - Aggies shoot past Cougars
179 - Letters: Global warming a lie
147 - Cougars going back to Vegas
146 - Utah/BYU rivalry can be more civil
134 - George lost in rivalry hatefest
119 - Ed Smart 'appalled' at testimony
100
For the latest news in the health care debate and how it affects you...
Better defense Okur. I can't believe Fes has not played. There has to be...
My heart goes out to the daughters and son who have had to pick up the pieces...
The best way to cut state spending on health benefits is to have a single...
Tax food? Brilliant. At some point, you have to start trimming the fat out...
always nice to get some wrestling coverage. P.S millard county (delta and...
Locals think TCU is the greatest because they destroyed the y and u. Big...
Isn't arguing about who should be in the "championship" game a little...
Anonymous | 4:07 p.m I didn't say I have no impact on the environment....
I'm not a lobbyist, but I've been presently surprised how much feedback I've...
Boise's SOS is around 94 of 120. No way they beat anyone except for Iowa...


You can be the first to comment on this story.