Now i have top embarrass you here too?
J.C. Bradbury, an economist and professor at Kennesaw State University who wrote “The Baseball Economist: The Real Game Exposed,” said new stadiums rarely generate the expected returns.
“I will tell you that there is little evidence that these stadiums have much economic impact,” said Bradbury, who also blogs about the economics of baseball at www.sabernomics.com.
“Economists have studied this for two decades and no credible academic study has found any significant positive benefits. The studies out there that tout benefits are from the same folks who brought us ‘Where's the beef?’ commercials. It's PR spin, nothing more.”
Economic studies back up Bradbury. Economist Arthur Jones, a professor at the University of Maryland Baltimore County, concluded in his book “Minor League Baseball and Economic Development” that “minor league baseball has the economic impact equivalent of a large pet shop.”
Dukes Doggie Emporium would have a bigger economic impact
Build your pet sop
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