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 [...]
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The Evil of Government Debt
As we’ve seen in the last two TGIFs, Destutt de Tracy, writing (pdf) in early nineteenth-century France,... Read More
Where There’s a Will There’s a Way?
Many aphorisms and common expressions take on a different meaning when seen through the lens of economics. One... Read More
Will Medical “Reform” Cut Real Costs?
It seems that the so-called health care “reform” bill will become law soon enough. (President Barack... Read More
The Welfare State Kills Children
On February 22 a court in suburban Washington, D.C., passed judgment in one of the most horrendous cases... Read More
Government as Consumer
Destutt de Tracy, as I discussed last week, was a French economist whom Thomas Jefferson did his utmost... Read More
