Do Buildings Build Jobs? Not What The Economists Say…

“For a decade and a half, the belief that sports teams were economic drivers helped persuade cities and states to shower billions of dollars on major league sports teams, most of it to build state-of-the-art stadiums.” But “a small community of economists who have taken up and methodically rejected many of the claims made about the economic benefits of major league sports teams: that they create jobs or bring money to local businesses or otherwise spur economic growth.” So why are cities still falling for these arguments?