20.1.19

ECONOMISTS NEVER LACK FOR WORK.

Columbus Alive columnist Rob Moore invokes settled social science to prevent the local professional soccer squad from robbing more taxpayers.  "A highly respected poll of economists conducted last year found 24 major economists agreeing that stadium subsidies will cost taxpayers more than the economic benefits they generate. Only one economist dissented. This isn’t quite 'existence of climate change' level consensus, but it’s pretty close."

It's probably a higher level of consensus, as "climate change" per se is present as long as there are sun-spots, and the earth following an elliptic orbit of variable eccentricity whilst precessing on its axis.  There's probably more variation, particularly among economists, about the policy proposals Our Political Masters have in mind for the anthropogenic components of climate change, than there is about the rent-seeking generated by stadium subsidies.

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