Comment 58136

By HamiltonFan (registered) | Posted January 26, 2011 at 11:52:49

Thought this read was interesting citing Joe Friedrich, Professor Emeritus of Economics at College of St. Benedict/St. John's University in the US:

"What would be the financial benefit to Minnesota taxpayers of paying for the majority of a new stadium for the Minnesota Vikings? The economist in Friedrich will tell you there really is none. “Economists — except for those who have a vested interest — pretty much cannot really find a benefit/cost analysis to support a publicly financed stadium, to the state or the government interest that pays for it,” said Friedrich, a St. Cloud resident and professor emeritus of economics at St. John’s University and the College of St. Benedict (he retired 18 months ago). “On the standpoint of strictly economic costs to the state, I literally can’t find a study that comes up with a positive return.” ...

http://www.sctimes.com/article/20110123/...

(originally located this information on the Field of Schemes site)

Comment edited by HamiltonFan on 2011-01-26 12:00:18

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