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Public Investment

All articles tagged with #public investment

"Kansas City Voters Reject Stadium Funding, Future of Sports Facilities Uncertain"

Originally Published 1 year ago — by The Conversation Indonesia

Featured image for "Kansas City Voters Reject Stadium Funding, Future of Sports Facilities Uncertain"
Source: The Conversation Indonesia

Despite recent successes in securing taxpayer funding for sports facilities in other cities, the Kansas City Chiefs and Royals faced a setback as voters in Jackson County rejected a referendum to provide $2 billion in public funding for stadium renovations. This reflects a growing trend of taxpayers questioning the use of public money to cover private businesses' expenses, as research shows that the economic benefits of stadiums do not justify the large subsidies used to build them. The failure of the referendum in Kansas City highlights the importance of giving voters a direct say in approving such projects, as well as the diminishing effectiveness of tactics like relocation threats and charm offensives by team owners.

"Bidenomics: A Controversial Approach to Economic Recovery"

Originally Published 2 years ago — by The Wall Street Journal

Featured image for "Bidenomics: A Controversial Approach to Economic Recovery"
Source: The Wall Street Journal

The author, a veteran in agriculture, expresses skepticism towards "Bidenomics" and the idea of a "new Washington consensus" that rejects the belief in the efficient allocation of capital by markets. The author argues for the benefits of respect for the free market and highlights the potential risks of the proposed public investment approach.