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For those of you who fetishize big development projects such as sports stadium subsidies as a way to promote economic growth, first recognize that no economics literature exists showing that these programs are worth it. Second, remember that far more people go to the movies each year than to sports stadiums, and there are not great big pushes to have government subsidized movie theaters. And no, don’t get any funny ideas people!

3 Responses to “Pro-Tip for Economic Development”

  1. Doug M says:

    I can remember when my city government was pushing for new movie theater to revitalize the local down-town.

  2. wintercow20 says:

    Pittsfield, MA has done this.

    The place is an economic powerhouse now.

  3. Scott says:

    Best form of government spending would be buying lots of kegs and hosting a party in the middle of a public park. The human connections developed could increase local economic activity. if we are going to spend money on things at are fun, no need for a huge stadium, let’s just keep it simple.

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