All Posts Tagged With: "stadium subsidies"
The NFL Oilers: A Case Study in Corporate Welfare
Raymond Keating is a columnist with Newsday, chief economist with the Small Business Survival Foundation, and author of New York by the Numbers: State and City in Perpetual Crisis (Madison Books, 1997).
After more than three-and-a-half decades in the city of Houston, the National Football League’s Oilers kicked off this past season in Tennessee. The Tennessee [...]
The Economic Woes of Pro Sports: Greed or Government?
Mr. Keating is chief economist with the Washington, D.C.-based Small Business Survival Foundation.
Beyond labor strife, two issues particularly annoy pro sports fans today—exorbitant player salaries and city-hopping by teams.
Player salaries that seem wildly out of kilter have been bothersome for some time. For example, the average Major League Baseball player reportedly earned $1.2 million dollars [...]
-
The Latest
Government as Consumer
Destutt de Tracy, as I discussed last week, was a French economist whom Thomas Jefferson did his utmost... Read More
Profits, Losses, and Structural Change
A recurring economic theme of President Obama’s election campaign and presidency has been that previous... Read More
Underconsumption Is Not the Problem
Paul Krugman recently declared that our real economics problem is this: “What’s limiting employment... Read More
The Fruits of Imperfection
Beneath the nationalism and medal counts that seemed to dominate the Winter Olympic Games just ended... Read More
Jefferson’s Economist
In 1817 the Frenchman the Count Destutt de Tracy (1754-1836) published his Treatise on the Will and... Read More
