Do sports stadiums need government welfare?

Do sports stadiums need government welfare?

If a National Football League or Major League Baseball team wants a new stadium, that team gets a new stadium — and usually at the expense of US taxpayers. Major league sports are among the most subsidized industries in America. Tax credits, handouts, and even eminent domain are part of the standard package that state, county, and local governments offer to professional sports teams seeking new stadiums. Such corporate welfare typically commands bipartisan majorities in state legislatures and city halls, thanks to promises of new jobs and economic growth. But the data suggest that these lofty plans do not pay off. Join AEI for a discussion of professional sports subsidies and — fittingly — for a free lunch.

Thursday, December 12, 2013 | 12:00 – 1:30 pm ET
AEI, Twelfth Floor
1150 Seventeenth Street, NW
Washington, DC 20036

  • Agenda

    11:45 AM
    Registration and Lunch

    12:00 PM
    Dennis Coates, University of Maryland
    Kevin A. Hassett, AEI
    Steve Marsh, Grantland
    Travis Waldron, Center for American Progress

    Timothy P. Carney, AEI

    We welcome you to watch the event live on this page and join the conversation on Twitter with #AEIcompetition. Full video will be posted within 24 hours.
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Monday, October 27, 2014 | 10:00 a.m. – 11:30 a.m.
State income taxes and the Supreme Court: Maryland Comptroller v. Wynne

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For richer, for poorer: How family structures economic success in America

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The 7 deadly virtues: 18 conservative writers on why the virtuous life is funny as hell

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Thursday, October 30, 2014 | 2:00 p.m. – 3:00 p.m.
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The forgotten depression — 1921: The crash that cured itself

Please join Author James Grant and AEI senior economists for a discussion about Grant's book, "The Forgotten Depression: 1921: The Crash That Cured Itself" (Simon & Schuster, 2014).

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