Cities subsidizing private sports stadiums with public money is a racket. That’s not my opinion, it’s the conclusion of nearly every economist who has ever studied the issue. So, why doesn’t anyone listen? There are a few reasons. First of all, Americans love sports — probably too much — and as a politician, who wants to be the guy resisting something that brings…
sports
Austin’s Indoor Ski Resort Might Not Be a Snow Job After All
Imagine my surprise when, while scrolling through the many projects seeking backers at last year’s Texas-China Investment Summit, I discovered that some crazy folks wanted to build America’s first indoor ski resort right here in Austin. I wasn’t super optimistic about this project last year, but I’ve been wrong many, many times before, so I figured a little digging was necessary….