We are wealthier these days, and can afford some degree of state-sponsored extravagance when it comes to building stadiums. But I find the cathedral cost story compelling. And the principle remains the same centuries down the road -- the opportunity costs to resource mis-allocation are real, and potentially quite large.But who is to be the Martin Luther to challenge the selling of indulgences -- or is it overpriced braaaats -- for the renovation of
20.10.04
RENDER UNTO CAESAR. Skip at The Sports Economist finds parallels between medieval cathedral building and postmodern stadium building. Lambert Lambeau Field
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