Reddit reviews Field of Schemes: How the Great Stadium Swindle Turns Public Money into Private Profit, Revised and Expanded Edition

I wrote a grad paper (MPA student) on this topic a few semesters ago. There were a couple of really good sources I used and I'll post them when I get the chance. One was a book/blog by the author, and the other was a meta-study.

Edit: Here they are:

> Field of Schemes by Neil deMause & Joanna Cagan
>
> "Do Economists Reach a Conclusion on Subsidies
> for Sports Franchises, Stadiums, and
> Mega-Events?" by Dennis Coates & Brad R. Humphreys

John Oliver's piece on stadiums is also a good watch.

Find me a study that suggest otherwise? But for now I will just leave these here....

Federal Reserve Bank of St. Louis

https://www.stlouisfed.org/Publications/Regional-Economist/April-2001/Should-Cities-Pay-for-Sports-Facilities

Stanford department of Economics

http://news.stanford.edu/2015/07/30/stadium-economics-noll-073015/

The Brookings Institute:

https://www.brookings.edu/articles/sports-jobs-taxes-are-new-stadiums-worth-the-cost/

Urban Planning at the Harvard University Graduate School of Design

https://www.amazon.com/Public-Private-Partnerships-Facilities-Routledge-Management/dp/0415806933

Lake Forest department of Economics

http://onlinelibrary.wiley.com/doi/10.1111/j.1468-2257.1990.tb00513.x/abstract

It truly is one of the least controversial things in economics.

Here are two books:

https://www.amazon.com/Public-Dollars-Private-Stadiums-Building/dp/0813533430

https://www.amazon.com/Field-Schemes-Stadium-Swindle-Expanded/dp/0803260164/ref=pd_sbs_14_img_1?ie=UTF8&psc=1&refRID=28RY3QNDND8H7927BFB2

They can't leave quick enough. I'm not a fan of publicly supporting stadiums and their owner's personal wealth.

worth a read.
http://www.amazon.com/Public-Dollars-Private-Stadiums-Building/dp/0813533430/ref=pd_bxgy_b_img_y

http://www.amazon.com/Field-Schemes-Stadium-Swindle-Expanded/dp/0803260164/ref=pd_sim_sbs_b_1

Yeah, according to pretty much every urban planner and economist, stadiums SEEM to be horrible public investments. But I guess a some kid in college knows best. It's quite well documented:

http://www.npr.org/2011/08/05/139018592/the-nation-stop-the-subsidy-sucking-sports-stadiums

http://www.amazon.com/Field-Schemes-Stadium-Swindle-Expanded/dp/0803260164

If stadiums attracted businesses (as you say) then the area around the Joe would be an awesome neighborhood full of business, which it's pretty much never been. No one moves to a city because of a stadium. They move there because of good transportation, infrastructure, schools, low crime and twenty other reasons before a stadium (which you already have, mind you).

Field of Schemes