Julius Caesar, the Roman emperor, would have perfectly understood the fetish of building sports stadiums in America.
Consider Miami, the poorest big city in America, where politicians recently promised a professional baseball team 130 million tourist-tax dollars for a new stadium. A few years ago, elected officials in Miami answered the question of what to do with a new basketball arena that couldn’t attract enough revenue or people by building another one a few blocks away, so taxpayers and tourists are paying for two arenas. Read the rest of this entry »