Roger Noll
Roger Noll
bottom hold improving line players quality revenue stadium sustain worth
The bottom line is no, it's not worth it. It'd be worth it if you could hold down cost. But even if you get the stadium for free, you can't sustain the revenue without improving the quality of the team. You have to get more high-paid players to sustain that revenue.
attend benefit bowl bucks city detroit fraction orleans people piece positive spend super
If you put a Super Bowl in Detroit in January, it does have a big positive benefit to the city - a significant fraction of those who attend and spend hundreds of bucks a piece wouldn't be there otherwise. But if you do the same thing in New Orleans for Mardi Gras, you're just displacing people who would be there anyway.
believes bowl city escapes known needs orleans super vacation week worth
It would need to have the Super Bowl every week to make it worth it, ... Why New Orleans believes it needs the Superdome to be a well known vacation city escapes me.
argue california harder role useful
It's much harder to argue that there's a useful role for (the California institute) if there are no restrictions on the NIH.
bubble instincts issue phenomenon
The issue is durability, ... As an economist, all my instincts tell me just as the dot.com bubble had to burst, the small-market, new-stadium phenomenon had to burst.