Archive for the ‘Politics’ Tag

Should Cities Invest in Sports Stadiums?   Leave a comment

Link: https://wordsandnumbers.libsyn.com/episode-264-should-cities-invest-in-sports-stadiums

James Harrigan and Antony Davies, hosts of the Words & Numbers podcast, discuss various topics from US sanctions on Russia. Lauren Heller, Associate Professor of Economics at the Campbell School of Business, then joins them to consider the public funding of sports arenas and the economics behind it. Lauren discusses false profit projections and how the actual payoff for say, the Super Bowl is really only about 10% of those hopeful projected profits. Politicians, fans, and the continued belief in false projections all play a part in the pushing for new stadiums, but in reality they don’t provide the huge economic benefits that cities are promised.

Original Air Date: March 2, 2022

Length: 34 minutes 6 seconds

Could a Wealth Tax Work?   Leave a comment

Link: https://www.npr.org/2019/07/24/744962126/episode-929-could-a-wealth-tax-work

2020 presidential candidate Elizabeth Warren wants to impose a wealth tax on the ultra wealthy, which would generate billions of dollars of revenue. This tax would include any assets, securities, trusts, bank deposits and more. How will the United States make this tax work when it has failed so many times in European countries?

Original Air Date: July 24, 2019

Length: 22 minutes 36 seconds