Quote:
Originally Posted by Enoch Root
The same planet where people think there is no benefit to the city to have a quality sports facility
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Laugh. Nice try to conflate two issues to make them appear equal. One is a direct transfer of public value to private and people simply wishing that fact away because there's no " money" involved.
The other is a straw man that you've erected. I don't think a single person had argued that there's zero benefit. What I've argued with multiple peer reviewed ex post and ex ante economic analyses is unanimous agreement that the benefits are smaller than the costs to the public, that the benefits are almost always vastly overstated for the public, and that most of the benefits are privatized and that this is almost entirely rent seeking behavior by sports team owners.