Question
Reading this article: https://econofact.org/stadiums-as-public-investmentsLinks to an external site. Zimbalist article suggests a complex interplay between economic considerations, public funding, and cultural benefits, prompting a critical
Reading this article: https://econofact.org/stadiums-as-public-investmentsLinks to an external site.
Zimbalist article suggests a complex interplay between economic considerations, public funding, and cultural benefits, prompting a critical examination of the practice of using public funds for sports facilities.
Draw a comparison between Cultural Benefits vs. Fiscal Neutrality. In the case of the Oakland A's planning to move to Las Vegas, how was the decision made to provide a $380 million subsidy for a new ballpark? Do professional sports stadiums not significantly promote local employment or per capita income growth? Support your answer.
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