Olympian Economics (Ep. 85)
Our latest Freakonomics Radio on Marketplace podcast is called “Olympian Economics,” with Tess Vigeland sitting in for Kai Ryssdal this week.
(You can download/subscribe at iTunes, get the RSS feed, listen via the media player above, or read the transcript below.)
With the 2012 Summer Olympic Games getting underway this week in London, we ask a simple question: do host cities really get the benefits their boosters promise, or are they just engaging in some fiscal gymnastics?
If you’ve read what we’ve posted in the past about the Olympics, you may already have a glimmer of a hint of a possibility of the answer to that question.