In the first of a series of posts to the NYTimes' Economix Blog, Edward Glaeser explores the value of high-speed rail in the US.
Jul 29, 2009 Economix Blog: NYTimes
The Olympics can be awesome for cities. Or they can be devastating. Rarely they're both, and most often they are an economic drain caused by over-investment in facilities with limited long-term usability. So when London's plans for a 2012 Summer Olympics stadium that would reduce from 80,000 seats during the games to a more realistically usable 25,000 seats after, Olympics experts, city officials and taxpayers rejoiced. But recent news has turned that rejoice to disgust.
Jun 30, 2009 By
Stadium construction in New York that was intended to have only a small cost to taxpayers has turned out to be a major investment and allocation of tax breaks, causing many to question whether the economic benefits of rebuilding will ever be seen.
Nov 6, 2008 The New York Times
<p>New data on stadium development show that economic benefits fall way short of public investment.</p>
Jul 23, 2008 The Wall Street Journal