Sports Are Great, but Stadium Subsidies Stink

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Sports Are Great, but Stadium Subsidies Stink

15 May 2024

Before we begin, a quick apology for Capitolism's delayed delivery this week: The president's (very bad) tariffs have kept me rather busy (and annoyed). I'll handle them next week--don't worry, they're (unfortunately) not going anywhere. Now, on to the show. Anyway, as frequent readers probably know by now, I'm a pretty big sports fan. Certainly not the biggest fan--not like these lunatics, I mean--but still pretty big. When the Texas Rangers finally won the World Series last year, for example, I may or may not have been fighting back tears when I called my dad after the final out. And don't even get Mrs. Capitolism started on my TV viewing habits during various sports seasons (please, don't). So, if there's any economics- minded person out there who might possibly be open to governments subsidizing big, admittedly cool U.S. sports venues, I'm probably your guy.

Authors

Scott Lincicome

Published in
United States of America