Vancouver Olympic Blitz
Paragraph 4 of this from the Sports Business Daily is priceless. Can you say substitution effect? Or, as Craig Depken calls this particular example, the "skedaddle effect". Thanks to Craig ...Let it snow, let it snow, let it snow
The Room for Debate blog at the New York Times runs a series of short opinion pieces today about the lack of snow in Vancouver at the opening of the ...It's all Greek to Economists
Financial turmoil has roiled Greece over the past several weeks. There is real concern that budget deficits in that country will lead to its government defaulting on its debt and ...Gold Medals, Red Ink: NBC to Lose $200 Million on Games
A number of media outlets are reporting that NBC will lose about $200 million dollars on the 2010 Vancouver Olympic Games broadcast. The network paid $2.2 billion of the US ...Tour Operators and Mega-events
The displacement of normal business by events such as the Super Bowl or the Olympics has been a staple issue in academic economists' analyses of economic impact. These warnings from ...Monday Potpourri: Olympic Edition
Rio was selected to host the 2016 Summer Olympic Games. Despite lobbying by President Obama, First Lady Obama, and mega-star Oprah, Chicago's bid was eliminated in the first round of ...The Economy and the Olympics
There's an article on the front page of today's Denver Post about the effect of the stumbling economy on the Olympics: Although the Olympic flame was extinguished just a little ...Olympic bust
Some choice quotes from a fascinating article by Barbara Demick in the LA Times: Reporting from Beijing -- "Empty," says Jack Rodman, an expert in distressed real estate, as he ...More Olympic Bailouts
From The Times: Ministers have approved a £461 million public bail-out of the London Olympics after private investment in two of the biggest venues on the East London site failed ...Mega Event Update: Beijing Bird's Nest Stadium
Stop me if you have heard this one before... Remember all those claims about the continuing benefits that flow from the lavish sports facilities constructed for mega sporting events for ...
