Must-click link: Stop Subsidies to Sports Stadiums

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Neil deMause of Baseball Prospectus and Field of Schemes has written an article for The Nation making it clear to anyone who didn’t already know it that using public dollars for ballparks, stadiums and arenas is bad business and bad government.  Here’s a quote which I’ve heard before but it’s always worth repeating:

“If you want to inject money into the local economy, it would be better to drop it from a helicopter than invest it in a new ballpark.”

There’s no argument other than empty civic rah-rah baloney that supports such expenditures. Yet they continue.  I do wish they wouldn’t.