Abstract
If there is one economic truth upon which almost every practitioner of the art or science of economics agrees, it is that publicly financed ballparks, stadiums, and arenas built by taxpayers for professional baseball, football, basketball, and hockey teams are not good investments. We will explore the reasons why in the pages that follow, but one curious fact intrudes itself on any discussion of this matter: Joe Q. Public, instead of being outraged by these rip-offs, is of two minds when it comes to state subvention of professional sports.
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© 2012 Springer Science+Business Media, LLC
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Bennett, J.T. (2012). Introduction. In: They Play, You Pay. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-3332-3_1
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DOI: https://doi.org/10.1007/978-1-4614-3332-3_1
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Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4614-3331-6
Online ISBN: 978-1-4614-3332-3
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